August 13, 2019

How do I buy Dogecoin using a credit card?

Buy Dogecoin online using a credit card

Trade seriously when it comes to Dogecoin.

What is Dogecoin?

Jackson Palmer created Dogecoin as a joke cryptocurrency, only for the token to develop its own community. Since it was created, Dogecoin has been used as a method of fundraising and sponsoring people and teams such as the Jamaican bobsled team.

How to create a Dogecoin wallet

Sign up for a free Coindirect account and you will automatically get a free Dogecoin online wallet. You can use your Dogecoin wallet to buy, sell, store, send (withdraw) and receive (deposit) DOGE.

How to create a Dogecoin address

Once you have signed up for a free Coindirect account all you need to do is press the ‘Receive’ button to reveal your Coindirect Dogecoin wallet address.

How to buy Dogecoin with a credit card

  1. Sign up for a free Coindirect account.Buy Dogecoin online using a credit card
  2. Find your Dogecoin Wallet and click the  ‘Buy’ button in your Dogecoin Wallet.Buy Dogecoin online
  3. Select “New VISA Card (EUR)” or “New credit card (NGN)” if you are in Nigeria.Buy Dogecoin online
  4. Enter EUR value of Dogecoin you want to purchase (more than the minimum limit) or the Dogecoin amount you want to buy and then click ‘Preview Buy’.Buy Dogecoin online
  5. You will receive a quote, press ‘confirm’ before the timer runs out (counts down from 55 seconds).Buy Dogecoin using a credit card
  6. Type in your credit card details and pay.Buy Dogecoin using a credit card
  7. You will be taken to a page to verify your transaction.Buy Dogecoin using a credit card
  8. Finally, you will be redirected back to your Coindirect Wallet once the payment is successful.

How do I purchase Dogecoin from my bank account?

If you are in South Africa or in Europe in a SEPA country you can deposit ZAR and EUR into your Coindirect ZAR Wallet or Euro Wallet respectively.

To fund your account you have to transfer money using bank transfers. To get the funding instructions so that your account is credited:

  1. Go to your ZAR/EUR wallet and click the “Fund now” button. Alternatively, click the Fund tab in your Coindirect wallet and click on “Transfer Now”.
  2. Select the bank to transfer to from the drop-down menu to get payment details and the reference you should use (highlighted in blue).
  3. Transfer the money from your bank account into the account shown on the screen then wait for the bank transfer to be processed (0-3 business days depending on the bank).
  4. Once the funds reflect in your ZAR wallet, go to your Dogecoin wallet and click “Buy” and select “Wallet (ZAR)” or “Wallet (EUR)” as you payment method.

Where can I sell my Dogecoin?

You can sell Dogecoin from your Coindirect wallet by clicking the ‘Sell’ button in your Dogecoin wallet.

If you are in a SEPA region or South Africa. You can sell your Dogecoin and instantly get money transferred to your Wallet (ZAR or EUR).

If you are in another region with no local currency wallet. You can sell your Dogecoin by creating a sell offer on the marketplace

You now know how to buy Dogecoin instantly from almost anywhere in the world. Make sure to download the Coindirect App to trade Dogecoin from the palm of your hands. 

Credit card limits

Please note that Coindirect has limits for credit card purchases in place.

Make sure that your account is verified so that your credit card purchase limits are increased.

Currently, the limits for credit card purchases are:

Unverified users – €175 – €500

Verified users – €890 – €1000

Earn Ripple

Introduce your friends to trade with Coindirect and buy Dogecoin and other cryptocurrencies and you can earn when they transact. Simply share a link through the Earn tab and when they sign up and make their first transaction, you will both receive 5 XRP each.