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How to Buy Crypto in the UK

Learn how to purchase Dogecoin (DOGE) in the United Kingdom with this step-by-step guide

Follow These Steps To Buy Crypto

Buying Dogecoin is as easy as following these steps

Step 1: Choose a Cryptocurrency Exchange

The first step is to select a cryptocurrency exchange. Look for platforms that are available in the UK and offer a secure and user friendly experience.Top choices include:

Compare them using our UK Exchange Comparison Table to find the best fit.

Step 2: Create an Account

  • Visit the exchange website
  • Click Sign Up or Get Started
  • Enter your name, email, and password
  • Confirm your email address
Tip:Use a strong, unique password and enable two-factor authentication (2FA) for added security.

Step 3: Verfiy Your Identity (KYC)

All regulated exchanges require identity verification:

  • Upload a photo ID (passport, driver’s licence)
  • Provide proof of address (utility bill, bank statement)
  • Sometimes a selfie or live video check is required

KYC usually takes just a few minutes to a few hours.

Step 4: Add a Payment Method

Most exchanges allow:

  • Bank transfer (Faster Payments)
  • Credit/debit card
  • Apple Pay / Google Pay
  • PayPal (e.g. via Coinbase)

Bank transfer is often cheaper. Cards are faster but come with higher fees.

Step 5: Search for Dogecoin (DOGE)

  • Log into your dashboard
  • Search for DOGE or Dogecoin
  • Click on the trading pair (e.g., DOGE/GBP or DOGE/USDT)

Step 6: Buy Your Crypto

  • Enter the amount you want to buy
  • Choose Market Order (buys instantly at the current price)
  • Confirm the purchase

Congratulations! You now own Dogecoin.

Step 7 (Optional): Transfer To A Wallet

For extra security, transfer your DOGE to a private wallet:

  • Mobile: Trust Wallet, Exodus
  • Desktop: Atomic Wallet, Coinomi
  • Hardware: Ledger, Trezor

“Not your keys, not your coins” – store long-term holdings off exchanges when possible.

Top UK Crypto Exchanges To Buy Cryptocurrency

Exchange Pros Cons Link
Binance ✅ Lowest Fees
✅ High Liquidity For DOGE
✅ Multiple Payment Option
❌ Not FCA-Regulated
❌ Regulatory Scrutiny
❌ Complex For Beginners
Kraken ✅ FCA-Registered
✅ Very Secure
✅ Great Support
❌ Interface Is Less Modern
❌ Slower Withdrawl
eToro ✅ FCA-Regulated
✅ Simple For Beginners
✅ Copy Trading Available
❌ High Spread
❌ Limited Trading Tools
Bitstamp ✅ Trusted And Long-Standing
✅ FCA-Registered
✅ Beginner-Friendly
❌ Fewer Coins
❌ Slower Fiat Process
Coinbase ✅ Very Beginner-Friendly
✅ Secure And Regulated
✅ Easy Payment And UK Support
❌ High Fees
❌ Limited Advanced Features
❌ Complex For Beginners

FAQ

Q: How much does it cost to buy Crypto in the UK?
Fees vary depending on the exchange and payment method:

MethodTypical Fee Range
Bank Transfer (Faster Payments)0% – 1%
Debit/Credit Card1.5% – 4%
Crypto-to-Crypto Swap0.1% – 0.5%

Q: Are there hidden fees?
Some platforms apply spreads (a small markup between buy/sell price) instead of visible fees. Always check the final price before confirming a trade.

Q: Do I need to verify my identity to buy Dogecoin?
Yes. Most UK-accessible exchanges require identity verification to comply with financial regulations.

Q: What do I need for KYC?
You’ll typically need:

  • A valid photo ID (passport or driver’s licence)

  • Proof of address (utility bill or bank statement)

  • A selfie or short live video (depending on the platform)

Q: How long does verification take?
Usually between 5 minutes to 24 hours depending on the exchange.

Q: Is it safe to buy Dogecoin online?
Yes — if you’re using a reputable exchange and following security best practices:

  • Enable 2FA (Two-Factor Authentication)

  • Use a strong, unique password

  • Never click suspicious links or respond to unknown requests

Q: Should I leave my Crypto on the exchange?
It’s okay short-term, but for long-term holding, it’s safer to transfer to a private wallet you control.

Q: Where should I store Cryptocurrency?
Here are your options:

Wallet TypeExamplesBest For
HardwareLedger, TrezorLong-term secure storage
Mobile AppTrust Wallet, ExodusEveryday use
DesktopAtomic Wallet, CoinomiVersatile use

Q: What if I lose access to my wallet?
If you lose your recovery phrase or seed words, your coins may be unrecoverable. Always:

  • Write down your recovery phrase

  • Store it offline in a safe place

  • Never share it with anyone