How to buy Dogecoin with PayPal in 2023

This introductory guide explains how to buy Dogecoin with PayPal. Follow our simple three step guide to make your first purchase.
Updated: Feb 3, 2023

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Firstly, the most important question to answer is: can I buy Dogecoin with PayPal?

No, PayPal doesn’t allow you to purchase cryptocurrency. However, you can use PayPal to fund a trading account and buy Dogecoin that way.

You just need a crypto exchange that accepts PayPal deposits. And we’re here to help.

How to buy Dogecoin with PayPal – a step-by-step guide

It takes about 15 minutes to buy DOGE with PayPal. Have a copy of your photo ID to hand and follow this guide to get started.

Step 1. Sign up with eToro

We recommend eToro as the best platform to use to buy DOGE with PayPal.

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Step 2. Create an account

You need an account before you can buy anything. Sign up with your contact details and a form of ID for verification.

Step 3. Make a deposit via PayPal

Enter how much you want to deposit and select PayPal as your payment method from the list of options.

Step 4. Use the search box to find Dogecoin

Use the search box on the home page to search for Dogecoin and the currency you want to pay in (such as GBP).

Step 5. Make your purchase

Enter how much Dogecoin you want to buy, check the details and process the transaction. Once the payment goes through, your new Dogecoin will show up in your exchange account.

Top Dogecoin platforms that accept PayPal

1. eToro. Best for beginners, copy-trading & demo-account


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Quick answers to key questions

Can I buy crypto with PayPal?

Yes, you aren’t limited to buying Dogecoin alone. The only limit is which coins are available on the exchange you’ve chosen. Most crypto exchanges that support PayPal as a payment method offer 50+ cryptocurrencies and many offer hundreds more.

Is PayPal safe?

Yes, it’s completely safe to use PayPal. The only risk to look out for is to make sure you sign up to a regulated PayPal Dogecoin broker when buying Dogecoin. Using an unregulated broker platform can put your money at risk.

How much does it cost to buy Dogecoin via PayPal?

It depends on the broker. A broker like eToro charges a flat 1% fee on all crypto trades. Other platforms may be slightly above or below that figure, but it shouldn’t be significantly different.

Can I store Dogecoin in my PayPal account?

No, Dogecoin isn’t one of the cryptocurrencies you can store on PayPal at the moment. The four available coins are Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. 

Why don’t more crypto platforms support PayPal?

Many do, but merchants must pay a fee to PayPal for accepting payments from the service. Some platforms choose not to pay it, and so don’t accept PayPal deposits.

Should I buy Dogecoin using PayPal?

PayPal is a convenient way to fund your crypto trading if you already use it for your day-to-day purchases. However, Dogecoin isn’t one of the cryptos you can invest in directly through the platform.

That means you need to find a crypto broker that accepts PayPal. Many do, but it isn’t universal. So you need to check this before you sign up to any platform.


  • It’s convenient to buy Dogecoin using the same method as you use for day-to-day purchases
  • PayPal transactions are instant so you can deposit money to your trading account straight away
  • Easy to set up a PayPal account using just your name, number, and email address


Is there an alternative to buying cryptocurrency with PayPal?

There are plenty of alternatives, whether you want to pay through an online payment provider or go down a more traditional route. Here are some of the different ways to pay for your Dogecoin purchase.


Can I buy Dogecoin with PayPal on Coinbase?
Can I buy Dogecoin with PayPal on Cash App?
How do I fund my crypto account with PayPal?
Can I buy Dogecoin with PayPal instantly?
Can I buy Dogecoin with PayPal anonymously?

Sources & references
Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.