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How to Buy Dogecoin (DOGE) on Webull

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Dogecoin
$0.29

In what has been an incredible 2021 for Dogecoin, the meme cryptocurrency now has a market cap of around $50 billion.

Today, you can buy Dogecoin on exchanges such as Robinhood, Kraken and Coinbase. Compared to other cryptocurrencies such as Bitcoin and Ethereum, DOGE has been relatively harder to find for retail investors. This is all about to change — the exchange Webull has announced that it will start offering DOGE on April 20.

About Webull Crypto

Webull Crypto allows its users to trade cryptocurrencies 23 hours a day, 7 days a week. You can spend as little as $1 per trade and your funds settle instantly. Webull Crypto also offers custom charts and indicators for crypto traders. Besides Dogecoin (Crypto: DOGE), users can also trade Bitcoin (Crypto: BTC), Bitcoin Cash (Crypto: BCH), Ethereum (Crypto: ETH) and Litecoin (Crypto: LTC).

Buying Dogecoin on Webull

Webull has quickly become one of the top commission-free trading platforms for retail traders. As a result, it should come as no surprise that the brokerage added Dogecoin to its crypto menu.

Now called “DOGE Day,” DOGE began trading on Webull Crypto at 1 a.m. EST on April 20. The meme cryptocurrency already gained more than 8,000% in 2021. In other words, if you had invested $1,000 In Dogecoin on January 1, 2021, you would have nearly $50,000 today! Follow these 4 steps to buy some DOGE for yourself.

How to Buy Dogecoin (DOGE) on Webull

  1. Download or open Webull.

    First, download or open up the Webull app. You can download Webull on the Google Play store or the Apple App store. Once you have the app downloaded, you need to register for your own account. Keep your bank account information handy, as you will need this to link your account and start trading DOGE.

  2. Fund your account.

    Once you have your Webull account set up, you need to fund your account. Simply link your bank account and deposit the amount of money you want to put into your account. To do this, add your bank account number and your Social Security number, if required. 

  3. Decide how much Dogecoin to buy.

    After you deposit funds into your Webull account, determine how much you want to use to buy DOGE. Remember, DOGE, a meme cryptocurrency, has seen outsized gains in 2021. You should only invest money into DOGE that you can afford to lose. Once you decide how much money you put into DOGE, start looking for a good price to enter into your DOGE position. 

  4. Execute your trade.

    Now that you have funded your account and know how much Dogecoin you want to buy, simply search for the ticker DOGE on Webull Crypto. Indicate the quantity of DOGE you want to buy and hit the buy button. Webull Crypto will execute your order and you should see DOGE show up in your account.

Commissions
$0
Account Minimum
$0

Webull Crypto Alternatives to Buy Dogecoin

Webull, an all-encompassing brokerage platform, allows its users to trade stocks and cryptocurrencies commission-free. While this is great for many traders, others may prefer a brokerage that has more of a niche focus. Regardless of your trading style, take a look at some of Benzinga’s top selections for buying and selling DOGE.

Best For
New Investors
Overall Rating
try for free securely through Gemini Crypto’s website
Best For
New Investors
N/A
1 Minute Review

Gemini is a cryptocurrency exchange and custodian that offers investors access to 26 coins and tokens. Founded in the US, Gemini is expanding globally, in particular into Europe and Asia. Offerings include both major cryptocurrency projects like Bitcoin and Ethereum, and smaller altcoins like Orchid and 0x.

Gemini is 1 of the only brokers with multiple platform options based on skill level. New investors will love the streamlined interface of Gemini’s mobile and web apps, while advanced investors might appreciate all the tools that come with ActiveTrader. 

In addition to a host of platform choices, Gemini users also have access to insured hot wallets to store tokens without worrying about digital asset theft. Learn more about what Gemini can do for you in our review.

Best For
  • New investors looking for a simple mobile and web app
  • Experienced investors who need a more advanced platform with more tools
  • Users looking for a 1-stop-shop to buy, sell and store all of their coins
Pros
  • Easy and quick signups — can get started in as little as a few minutes
  • Multitude of platforms to accommodate traders of all skill levels
  • Hot wallets include insurance to protect your from theft and hacking attempts
Cons
  • Charges both a commission and a convenience fee for users buying and selling through the desktop or mobile app
Best For
Crypto Trading
Overall Rating
get started securely through eToro’s website
Best For
Crypto Trading
N/A
1 Minute Review

eToro, headquartered in Cyprus, England and Israel, has provided forex products and other CFD derivatives to retail clients since 2007. A major eToro plus is its social trading operations, including OpenBook, which allows new clients to copy trade the platform’s best performers. Its social trading features are top notch, but eToro loses points for its lack of tradable currency pairs and underwhelming research and customer service features

Best For
  • U.S.-based cryptocurrency traders
  • Social and copy traders
  • Simple user interface
  • Community engagement and following other traders
Pros
  • Expansive network of social trading features
  • Large client base for new traders to imitate
Cons
  • U.S. traders can only buy cryptocurrency
  • Only 15 cryptocurrency pairs available
Best For
Earning Rewards
Overall Rating
earn free crypto securely through Coinbase’s website
Best For
Earning Rewards
N/A
1 Minute Review

Coinbase is one of the Internet’s largest cryptocurrency trading platforms. From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and sell major cryptocurrency pairs. 

You can even earn cryptocurrency rewards through Coinbase’s unique Coinbase Earn feature. More advanced traders will love the Coinbase Pro platform, which offers more order types and enhanced functionality.

Though Coinbase doesn’t offer the most affordable pricing or the lowest fees, its simple platform is easy enough for complete beginners to master in as little as a single trade.

Best For
  • New cryptocurrency traders
  • Cryptocurrency traders interested in major pairs
  • Cryptocurrency traders interested in a simple platform
Pros
  • Simple platform is easy to operate
  • Comprehensive mobile app mirrors desktop functionality
  • Coinbase Earn feature rewards you with crypto for learning about available coins
Cons
  • Higher fees than competitors
Best For
Low Minimums
Overall Rating
get started securely through Webull’s website

Methodology

Benzinga crafted a specific methodology to rank cryptocurrency exchanges and tools. We prioritized platforms based on offerings, pricing and promotions, customer service, mobile app, user experience and benefits, and security. To see a comprehensive breakdown of our methodology, please visit see our Cryptocurrency Methodology page.


Try Gemini

Gemini builds crypto products to help you buy, sell, and store your bitcoin and cryptocurrency. You can buy bitcoin and crypto instantly and access all the tools you need to understand the crypto market and start investing, all through one clear, attractive interface. Gemini Crypto Platform offers excellent account management options. You can manage your account at a glance, view your account balance 24-hour changes and percent changes. Get started with Gemini now.

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