Where & How to Buy Dogecoin (DOGE) in Australia for Beginners in 2025

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You can buy Dogecoin in Australia via a cryptocurrency exchange. It takes just a few minutes to buy Dogecoin this way. Follow our quick step guide for Australian investors and compare the best places to buy Dogecoin in Australia below.

How to buy Dogecoin from Australia quickly in 3 steps

To buy Dogecoin from Australia, you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Where can I buy Dogecoin?

The overall best platform to buy Dogecoin for beginners in Australia is Start Trading .

Here are the top five places to buy Dogecoin from Australia, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

Read more about how we rate, rank and review platforms.

Best Australian exchanges to buy Dogecoin (DOGE), reviewed

Is it legal to buy crypto in Australia?

Yes, it’s completely legal to buy, sell, or trade Dogecoin in Australia. The Australian government is relatively crypto friendly. Though it has put in place some money laundering regulations (known as AML) and provided warnings about crypto as a highly volatile investment, it has taken a hands-off approach to crypto regulation in general.

These regulations are enforced through AUSTRAC, a government agency which keeps exchanges in line. Exchanges must be licensed in order to operate in Australia, and that license ensures they comply with Australian Securities and Investments Commission (ASIC) regulations.

You can search the AUSTRAC database to find out whether your exchange is registered, or you can simply search for the exchange name and ‘AUSTRAC’ online and get the information you need.

What is the best way to pay for Dogecoin (DOGE)?

The simplest way to buy Dogecoin cryptocurrency in Australia is with your bank card. However, you can make a deposit in other ways, though there are fewer options if you want to make a deposit in AUD. Here are some of the top ways to pay for DOGE.

• Buy Dogecoin with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way, or it simply may not be available. Binance, for instance, charges a 2% fee to buy crypto with AUD and you can’t make a withdrawal in that currency.

• Buy DOGE with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant. However, some banks might limit how much you can invest in crypto. For example, last year Commonwealth Bank put a limit of AUD $10k per month on crypto purchases.

• Buy DOGE with PayPal. Some crypto brokers in Australia accept deposits via PayPal. Not many exchanges offer this option, however you can use this guide to explore the best crypto exchanges that accept PayPal.

• Alternative payment methods. Crypto brokers often let you buy DOGE and pay with other providers or international money transfer services, like Neteller, PayID, Poli, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How to trade DOGE

You can trade Dogecoin on a Australian cryptocurrency exchange using a few simple steps.

Here’s a quick example that clearly lays out how DOGE crypto trading works. Most crypto trading uses USD as a base currency, rather than AUD, so we’ll use that for our example:

1. Monitor the price: For simplicity, let’s say the price of DOGE/USDT is $1. You read the price charts and decide that now is a good time to start purchasing DOGE.
2. Open a trade: You trade one USDT for one DOGE ($1 USD for 1 DOGE).
3. Continue to monitor the price: The following month, one DOGE token is now worth $2, a 100% increase.
4. Close your trade: You trade your DOGE token back to USDT for $2.

In this example, you buy and sell Dogecoin, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade in order to be successful.

How do I store Dogecoin (DOGE) in Australia?

Most Australian crypto investors keep their crypto on the exchange they used to buy it. If you plan to hold onto it for only a little while, that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Dogecoin, you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Crypto wallets are available wherever you are in the world, they don’t suffer from the same geographic restrictions as an exchange or trading platform might.

Two of the best Dogecoin wallets for Australia, or anywhere else in the world, are MetaMask and the Ledger Nano S.

Is now a good time to buy Dogecoin?

The answer depends on the current DOGE/AUD price and your own investment goals. Put simply, buying Dogecoin, selling Dogecoin, and trading DOGE are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.

• If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade Dogecoin.

• As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of DOGE, then a good time to purchase Dogecoin is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Dogecoin and selling it the next day probably isn’t why you’re here either.

How has Dogecoin (DOGE) performed this year?

The current Dogecoin price today is $0.16, which is -78.19% versus its all time high of $0.74, which it reached on 08 May 2021. DOGE is -3.98% this year, with a 52 week high of $0.48 and a 52 week low of $0.08. 

Regardless, closely following Dogecoin price news & analysis will help you decide when to pull the trigger.

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