Page Summary
With the growing interest in investing and trading with Dogecoin in UAE, it is essential to find a crypto exchange with a transparent and safe trading platform. There are 33 crypto exchanges in UAE offering Dogecoin with different trading conditions making it tough for investors to select the ideal option for their needs.
Volatility, lack of control, and limited investor protection features of the cryptocurrency market make it important for potential investors to understand the pros, cons and key features of trading platforms, considering the risk of investment loss in case of exchange bankruptcy.
To help users make an informed decision, key information to choose the best trading platform in UAE for Dogecoin is summarised in the form of a list of top choices, in-depth reviews, comparisons and FAQ.
Best Dogecoin Trading Platforms in UAE
- eToro – Top For Beginners
- Capital.com – Best for mobile trading
- Binance – Best For Passive Income Options
Top Dogecoin Crypto Exchanges in UAE Reviewed
Cryptocurrency exchanges with the highest rated platforms for trading with Dogecoin are reviewed below.
1. eToro – Top trading platform for Dogecoin
Min Deposit: $100
Fees: 4.8
Assets available: 4.8
Total Fees:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong Take 2 min to learn more
eToro is a top trading platform for buying Dogecoin in the UAE. It offers access to a versatile crypto portfolio and forex options. The main crypto assets available with eToro are Dogecoin, Ethereum, and Bitcoin.
This brokerage firm offers a comprehensive virtual trading account. Demo trading allows you to try different trading strategies with live market data. It is a useful tool for both beginner and advanced traders. eToro’s demo account is a good approach if you want to analyze DOGE’s price movements.
UAE traders choose eToro’s trading platform because of its fees. It doesn’t charge a commission fee, and it has an average spread for withdrawing crypto of 1.90%. This broker has industry-leading social trading tools on all its platforms. It highlights advanced traders and lets traders in the UAE copy their positions.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong Take 2 min to learn more
2. Capital.com Review –
Min Deposit: 20 USD/EUR/GBP or 80 AED (bank cards)
Fees: 4.8
Assets available: 4.7
Total Fees:
CFD trading carries risk. Capital.com is regulated by the Securities and Commodities Authority.
Capital.com is one of the popular brokers offering Dogecoin CFD trading in the UAE. It is primarily known for its focus on CFDs. Traders can access a wide range of assets, including forex, commodities, and stocks. Capital.com is a top platform for professional traders seeking a reliable place to trade cryptocurrency CFDs. Cryptocurrency enthusiasts can explore Capital.com’s diverse offerings, including popular crypto pairs like BTC/USD and ETH/USD. With 136 cryptocurrency CFDs available (not for U.K. retail clients), it provides a robust selection among its 3,000+ tradable symbols. The minimum deposit fee with Capital.com is $20. Capital.com is an excellent choice for both beginners and experienced traders due to its high-quality research, educational content, and innovative web platform. Its educational materials, including articles, videos, and a structured lesson program, are particularly beneficial for beginners. The program consists of 28 lessons across five courses and concludes with a final test to assess your progress and financial knowledge.
CFD trading carries risk. Capital.com is regulated by the Securities and Commodities Authority.
3. Binance – Leading crypto exchange for buying Dogecoin in UAE
Binance is a leading crypto exchange for buying Dogecoin in the United Arab Emirates. It is a top choice for professional traders searching for versatile Dogecoin platforms. This platform has a professional design with advanced features and access to leverage solutions.
This crypto exchange has an exciting reputation. It offers different learning materials for beginner crypto enthusiasts. Binance offers 53 crypto coins and stable coins, including Dogecoin and Binance Coin. Its simple fee structure and competitive execution costs make it a top choice for UAE traders. The minimum deposit fee with Binance is £15 for debit or credit card payments.
How To Select The Ideal Trading Platforms For Dogecoin in UAE?
Criteria to find a crypto exchange with the best Dogecoin trading platform in UAE are listed below.
- Competitive Trading Fees
- High liquidity/ Trading Volume for Dogecoin
- Transparent Proof Of Reserves
- Wide Range of Security Features
- Great Regulation and Reputation
- Diversified Deposit & Withdrawal Options
- Intuitive Trading Interface
Top Cryptocurrency Exchanges For Dogecoin Compared
Key features of the top rated crypto exchanges in UAE for trading and investing in Dogecoin are compared in the table below
| Broker | Number of Available Cryptocurrencies | Trading Fees | Proof of Reserves Ratio | Liquidity | Other Crypto Products | Trading Platforms | Customer Service | Regulators |
|---|---|---|---|---|---|---|---|---|
| eToro | 15+ | Spread-based fees of 0.75% | N/A | High | CryptoPortfolio, social trading, staking | Proprietary platform, Mobile App | 24/5 Live Chat, Ticket System | FCA, CySEC, ASIC |
| Capital.com | 136+ | Spread based | N/A | High | Crypto CFDs | MT4, TradingView | 24/5 Live Chat, Ticket System | CySEc, ASIC, SCB, SCA |
| Binance | 200+ | 0.1% spot trading fee | 1:1 | Very High | Futures, options, margin trading, staking, lending, Binance Smart Chain | Proprietary platform, Mobile App | 24/7 Live Chat, Ticket System | FCA (UK) |
How To Buy Dogecoin In UAE
You can buy Dogecoin in the UAE with eToro, Binance. eToro is a secure social trading broker with an impressive reputation. Binance is a popular exchange for advanced crypto enthusiasts.
DOGE tokens represent a popular crypto trading investment in the UAE. We recommend you use eToro to trade Dogecoin. It is the top social trading platform with secure services. There are four simple steps to buy DOGE with eToro:
- Create an eToro account: Go to eToro’s official website and create a new account.
- Upload a valid ID: Next, you need to upload a valid I.D. to pass account verification. An image of a passport or driver’s license is necessary.
- Fund your account: After passing account verification, you need to make your first deposit. UAE traders have different payment methods, including bank transfers and credit and debit cards.
- Buy Dogecoin: Dogecoin has the ticker symbol “DOGE.” Search for its ticker to check the Dogecoin crypto price. Click on the coin and start buying and selling DOGE tokens.
Where To Buy Dogecoin In The UAE?
Traders in the UAE buy Dogecoin with a secure trading platform. The leading Dogecoin platforms we recommend are eToro, Binance. Here is our full list of crypto trading platforms in UAE.
Buying Dogecoin With eToro
eToro is a top trading platform for buying Dogecoin in the UAE. It offers access to a versatile crypto portfolio and forex options. The main crypto assets available with eToro are Dogecoin, Ethereum, and Bitcoin.
This brokerage firm offers a comprehensive virtual trading account. Demo trading allows you to try different trading strategies with live market data. It is a useful tool for both beginner and advanced traders. eToro’s demo account is a good approach if you want to analyze DOGE’s price movements.
UAE traders choose eToro’s trading platform because of its fees. It doesn’t charge a commission fee, and it has an average spread for withdrawing crypto of 1.90%. This broker has industry-leading social trading tools on all its platforms. It highlights advanced traders and lets traders in the UAE copy their positions.
Pros: Commission-free Dogecoin trading, features many popular crypto coins, stable coins, and fiat currency, top-tier licenses from the FCA, access to a mobile app, offered in many countries, many account tiers, including retail investor accounts and virtual trading account
Cons: It offers high spreads, it lacks smaller cryptos and stocks
Buying Dogecoin With Binance
Binance is a leading crypto exchange for buying Dogecoin in the United Arab Emirates. It is a top choice for professional traders searching for versatile Dogecoin platforms. This platform has a professional design with advanced features and access to leverage solutions.
This crypto exchange has an exciting reputation. It offers different learning materials for beginner crypto enthusiasts. Binance offers 53 crypto coins and stable coins, including Dogecoin and Binance Coin. Its simple fee structure and competitive execution costs make it a top choice for UAE traders. The minimum deposit fee with Binance is £15 for debit or credit card payments.
Pros: More advanced crypto trading tools and technical indicators, access to tutorials for all Binance account holders, low spreads, mobile App available, professional trading platform
Cons: It is not straightforward for beginners, it has an unclear regulatory status
How To Buy Dogecoin Using eToro?
The best UAE platform to buy Dogecoin (DOGE) is eToro. This online broker has trustworthy and intuitive platforms for traders at all levels. Here is a step-by-step guide to buying Dogecoin with eToro.
Step 1: Open A New eToro Account
The first step for UAE traders is to open a new account with eToro. Traders access the sign-up form on eToro’s official website. You have to upload personal information, including full name, address, and source of funds.
Step 2: Perform Account Verification
Next, you need to pass account verification. The trading limit for unverified accounts at eToro is $2,000. When you reach this limit, you have to verify your account. eToro requests a copy of your I.D. and proof of residence. This broker follows strict rules from the UAE, and all traders have to pass account verification.
Step 3: Choose a payment method and fund your account
eToro has different funding options. Select a payment method that meets your needs. After that, the next step is to buy DOGE coins.
Step 4: Buy Dogecoin
When your funds show in your crypto wallet, eToro lets you start your first crypto “buy.” Digital assets have different symbols. Search and click on Dogecoin’s ticker. Choose the amount of coins you’d like to buy and click “Submit.” Your transaction will start and complete in a couple of minutes.
Buying Dogecoin With Capital.com
Capital.com is a leading platform for trading Dogecoin in the UAE, and it is known for its CFD offerings. It provides access to a wide range of assets, including cryptocurrencies, forex, commodities, and stocks. The main crypto assets available for CFD trading on Capital.com include Dogecoin, Bitcoin, and Ethereum.
This platform offers a demo account, allowing users to practice trading strategies with live market data. It also provides different educational materials that help traders better understand trading.
UAE traders often choose Capital.com for its high-tech charting system and Insightful Educational Resources.
Pros: Capital.com provides high-quality educational articles, courses, and newsroom-level research articles. It features an innovative eQ patented AI trade bias detection system and a dedicated Investment educational app designed with a game-like approach to make learning enjoyable. With 136 cryptocurrency CFDs available, the platform offers useful tools for active traders, such as modifying orders directly from charts and a “close all” button for faster trading.
Cons: Cryptocurrency CFDs are not available for retail clients in the U.K., there is a limited selection of smaller cryptocurrencies, and MetaTrader 5 is not available.
What Is Dogecoin?
Dogecoin is a digital asset launched in 2013. It is a popular meme coin that continues to grow in value. The Dogecoin network is similar to other cryptocurrencies. It uses Litecoin’s infrastructure and proof-of-work technology. Dogecoin has a loyal community of supporters who buy DOGE and use it as a reward for social media content. Dogecoin is a leading crypto coin to invest in 2022. But this asset remains susceptible to devaluation in case of a supply increase.
Why Should You Buy Dogecoin?
Professional UAE traders should buy Dogecoin because of its market performance. It is a top choice for traders, and it has the potential for dramatic revenue gains. But DOGE has a high risk/reward ratio. Read our in-depth cryptocurrency reviews for insights on price fluctuations and crypto value.
How Much Does Dogecoin Cost?
The cost of Dogecoin varies depending on the trading platform you use. It is a volatile asset, and its price increases or decreases on a second-by-second basis. In 2021, DOGE’s price was around $0.004 and dramatically increased up to $0.81. Depending on the trading platform you select, you might have to pay extra fees. We recommend using eToro’s platforms as it has a 0% fee policy on specific assets.
How To Buy Dogecoin Using PayPal?
UAE traders buy Dogecoin using PayPal with a digital account. If you have a PayPal account, you have to click on the “crypto” button. There you will search for Dogecoin’s ticker.
You have to fund your account with a debit card or bank account. PayPal account holders have a crypto spending limit of between $1 and $100,000 per week. PayPal charges extra crypto exchange fees. Our in-depth trading reviews offer information on cryptocurrency trading and fees.
How To Buy Dogecoin Using BTC?
Another option for buying Dogecoin in the UAE is using Bitcoin (BTC). UAE traders use Bitcoin on most platforms to fund their crypto accounts. It is best to store BTC coins in secure digital wallets. Securing your funds is necessary.
Buying Dogecoin Safely In UAE
If you want to buy Dogecoin safely in the UAE, you have to use a secure trading platform. Platforms that have top-tier licenses and follow strict rules have fewer risks. eToro has an excellent reputation and follows strict rules under a regulatory body.
The Risks Of Buying Dogecoin
Buying digital assets like Dogecoin comes with risks. If you want to diminish the risks of losing funds, you should start with a minimum investment. DOGE is a popular asset but remains volatile. If you buy Dogecoin at a high price and it crashes, you risk losing your investment. Keep in mind that risks get higher if you use leverage.
CFD trading platform offers access to leverage. Leverage might lead to impressive revenue increases. But it comes with a higher risk of losses as well. Cryptos are volatile, and we don’t recommend leverage for beginners. Check our in-depth reviews for details on online trading and risk management.
Selling Dogecoin In UAE
Selling Dogecoin in UAE is simple with a secure trading platform. eToro is our top recommendation for cashing our cryptocurrencies. Read our in-depth platform reviews for details on how to cash out digital assets in the United Arab Emirates.
Conclusion
Trading with Dogecoin is a common investment in UAE to achieve financial gains and grow wealth. However, with the rising number of exchanges, potential traders are forced to analyze, compare and evaluate key data to choose the ideal trading platforms for their needs.
This guide does the hard work to keep users safe and informed by comparing, evaluating and reviewing the services of available cryptocurrency exchanges. The Business24-7 expert teams previously removed unreliable offers lacking security features to guarantee informed decision-making. The assessment results in a list of the best Dogecoin trading platforms in UAE, wrapped up in the table below.
| RANK | BROKER | PLATFORM SCORE | BEST FOR | WEBSITE |
|---|---|---|---|---|
| #1 | eToro | 4,9/5 | Beginners | Official website |
| #2 | Capital.com | 4,8/5 | Mobile trading | Official website |
| #3 | Binance | 4,5/5 | Passive Income Options | Official website |
FAQ
Are There Any Safety Risks For UAE Traders?
All crypto trading comes with risks. Cryptocurrency trading is legal in the United Arab Emirates. Traders use trading platforms with top-tier licenses. The ASIC, CySEC, and FCA are the leading regulators for online platforms. The platforms in this review are trustworthy and use industry-leading safety protocols.
How Much Money Do I Need To Buy DOGE coins?
The amount of money needed to buy DOGE coins differs based on your chosen platform. Buying Dogecoin with eToro comes with a minimum investment of $50. Check our in-depth crypto reviews to discover more about minimum investments and cryptocurrencies.
Should I Buy Dogecoin (DOGE)?
The answer to this question depends on your trading skills and experience. DOGE tokens are speculative and might rise or fall at a rapid pace. It is best to use a broker like eToro to buy Dogecoin. Our in-depth reviews discuss digital tokens and risks.
Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.