Before buying a digital asset like Dogecoin, investors should think about how they plan to store the tokens. Needless to say, it is crucial to store all cryptocurrencies in a safe and secure place, away from the reach of hackers.
This guide discusses how to find the best Dogecoin wallet in 2023. We will explore some of the most popular Dogecoin wallets available in the market today – based on factors such as fees, features, and security.
The Best Dogecoin Wallets Ranked
Here is a list of the best Dogecoin wallets available in 2023 :
- Best Wallet – New non-custodial multi-chain wallet offers its own DEX, NFT capabilities, and provides market and trading insights to customers. Get trading discounts and staking benefits with the $BEST token.
- eToro – Popular crypto wallet with over 25 million users
- Crypto.com – Top Dogecoin wallet for staking crypto
- Coinbase – Best Dogecoin wallet app for beginners
- Ledger Nano S – Affordable hardware Dogecoin wallet
- Exodus – Multi-asset software crypto wallet
- Trezor Model T – Highly secure hardware Dogecoin wallet
- Guarda – Decentralized wallet for Dogecoin
Keep reading to find out more about the above Dogecoin wallets.
The Best Dogecoin Wallets Reviewed
To choose the best Dogecoin wallet in the market, we considered a set of parameters – including the user experience, fees, tools, security, and supported digital assets.
Our study found that the top Dogecoin wallets to consider today are those reviewed below.
1. Best Wallet – New Crypto Wallet Offering a Multitude of Web3 Ecosystems
Best Wallet is the perfect way for web3 users to access a multitude of features through one platform. This crypto wallet eliminates the need to communicate with multiple Web3 platforms – as it features everything from a decentralized exchange to NFT wallets, market insights, and staking benefits.
Best Wallet users can store all their other crypto wallets and assets under this one ecosystem. This non-custodial wallet provides users more autonomy – giving them complete control over their private keys. By using advanced cryptographic features such as two-factor authentication and biometrics, Best Wallet protects user’s funds.
Currently, the wallet allows users to connect with the Ethereum, Polygon, and BSC mainnet. In the future, Best Wallet will connect with the Bitcoin network as well. Users can trade thousands of cryptos including Dogecoin, by accessing the Best decentralized exchange – which connects your with the best liquidity pools.
Furthermore, Best Wallet stands apart from other crypto wallets by acting as a helping hand for investors. Through the market insights section, one can monitor market movements and access key fundamentals on the industry. You can manage your assets and access real-time profit and loss updates through the portfolio management option.
Best Wallet will also provide users with updates on the latest crypto presale launches and token airdrops. Furthermore, investors can analyze potential investment opportunities by studying the analytics of a token and its security features.
According to the Best Wallet roadmap – the platform will soon be NFT compatible. In the future, Best Wallet will act as an NFT wallet by implementing NFT galleries to allow users to store, and trade new NFTs.
$BEST, the native cryptocurrency, will offer wallet holders a unique opportunity to earn discounts on the Best DEX. Holding the token also gives one access to new project launches, and zero gas fees on trades.
Best Wallet will soon implement a staking mechanism to introduce passive income earning opportunities. Thus, all these features makes Best Wallet one of the top wallet options in 2023.
The Best Wallet app can be downloaded via iOS and Android. Best Wallet will soon be compatible with desktop devices. Join the Best Wallet Telegram channel and the Discord to stay updated with this new wallet.
Pros Cons
This means that users do not have to worry about their private keys. eToro also comes with a separate mobile app, that can be used to transfer Dogecoin in and out of the trading platform. This is called the eToro Money wallet app, which works hand-in-hand with the provider’s crypto exchange. Users can easily buy Dogecoin from the eToro trading platform and move it to the Money wallet app for safekeeping. Similarly, Dogecoin and other cryptocurrencies can also be transferred from the eToro Money app to other wallets. The app also supports the trading of 500 crypto pairs directly from the wallet. Existing users of eToro can get the Money wallet app for free, and access their funds using the same login credentials. eToro is also highly secure, with licenses from the SEC, FCA, CySEC, and ASIC. The eToro Money wallet, in particular, is provided by eToro X, an entity regulated by the GFSC. On top of this, the platform has also implemented other features such as 2FA and DDoS protection for its wallet app. eToro also makes it easy for its investors to buy Dogecoin, sell, or trade this digital asset – at a standard fee of 1%. Furthermore, there are no deposit fees involved for US dollars, and those who fund with other currencies will only have to pay an 0.5% FX charge. The platform also supports multiple order types – including market, limit, take-profit, and stop-loss. Furthermore, eToro has designed readymade investment portfolios that bundle multiple digital assets, so that investors can diversify easily. There are other useful tools such as a demo account and Copy Trading. It is also worth noting that eToro supports not only cryptocurrencies but also other assets including stocks, ETFs, indices, currencies, and commodities. Pros Cons
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk. The majority of these services are available via the Crypto.com app, which also has an in-built wallet. In addition to this, Crypto.com has also launched a separate DeFi wallet for digital assets. This can be downloaded as a second app and can be used in conjunction with or without a Crypto.com account. As a non-custodial wallet, the app generates the private keys on the device, and as such, the owner of the wallet will be fully responsible for keeping the passcode safe. However, the Crypto.com DeFi wallet also offers a 12-word recovery phrase, that can be used in case the private keys are lost. This will be displayed only during the initial setup, so users will have to note it down and store it securely. Remember that Crypto.com will not have a copy of the passcode or the recovery phrase. When it comes to features, Crypto.com has done a great job in designing a straightforward app. It allows its users to not only create a new wallet, but it is also possible to import digital assets stored on other platforms. The Crypto.com DeFi wallet supports over 690 cryptocurrencies – including Dogecoin. The platform also facilitates direct staking of digital assets via the wallet – without any lock-up conditions. Moreover, users will also be able to buy Dogecoin via the Crypto.com app or swap DOGE tokens for another digital asset via the wallet. And crucially, when using this wallet, customers can set their own custom network fees. Pros Cons
Type of Wallet
Non-Custodial wallet app
Fee Structure
Differs as per the liquidity pool
Fee for buying Dogecoin
Depends on the liquidity pool, lower fees for $BEST token holders
Top three features
Offers a DEX, market and trading insights, staking and trading discounts with the $BEST token
2. eToro – Popular Crypto Wallet with Over 25 Million Users
With over 25 million users across the globe, eToro is one of the best investment apps for cryptocurrencies. And as such, it comes as no surprise that it also offers a secure wallet for storing Dogecoin and other digital assets. This wallet is custodial, meaning users can leave their Dogecoin within their eToro brokerage portfolio.
Type of Wallet
Custodial software wallet
Fee Structure
Free to download, 0.5% to send Dogecoin from eToro to the Money app
Fee for buying Dogecoin
1% + spread
Top three features
Copy Trading, regulated on multiple fronts, private key recovery
3. Crypto.com – Top Dogecoin Wallet for Staking Crypto
As far as exchange providers go, Crypto.com is one of the most versatile platforms out there. It functions as a crypto exchange, a lender, a wallet, an NFT marketplace, and even has interest-earning accounts and Visa cards for digital assets.
Type of wallet
Non-custodial software wallet
Fee structure
Free to download, Up to 0.40% trading fees
Fee for buying Dogecoin
2.99% with credit/debit card
Top 3 features
Option to connect with Crypto.com, staking, support for NFT
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
4. Coinbase – Best Dogecoin Wallet App for Beginners
Coinbase is a popular crypto platform that facilitates the purchase and trading of digital assets, including Dogecoin. Like Crypto.com it offers a suite of services – including a crypto exchange, NFT marketplace, Visa cards, and a wallet service.
Coinbase is particularly fitted for newbies, as it features a user-friendly interface and a wealth of learning resources. However, in this guide, we will be focusing on the non-custodial wallet service offered by Coinbase.
This is a standalone app that can be used with or without a Coinbase account. The app is free to download and supports thousands of digital coins, making it one of the most flexible Dogecoin Bitcoin wallets available in the market today.
The Coinbase wallet can be used to send, receive, and trade Dogecoin and other cryptocurrencies. It extends support for NFTs. This means that users can buy digital collectibles via the wallet app. Users will also be able to access the decentralized web through the app and add their digital coins to liquidity pools.
That said, to buy DOGE, users will have to connect their Dogecoin wallet app to the Coinbase account. The fee for purchasing digital currencies on Coinbase via a debit/credit card is expensive – at 3.99%. On top of this, if trading Dogecoin, individuals can also expect to pay a standard commission of 1.49%.
Type of wallet
Non-custodial software wallet
Fee structure
Free to download, 1.49% on trades
Fee for buying Dogecoin
3.99% with debit card
Top 3 features
Access decentralized web, supports 5,000+ tokens, stores NFTs
Pros
- Supports 5,000+ digital assets
- Best DOGE wallet for beginners
- Buy, sell, and stake crypto from within the wallet
Cons
- High trading fees when compared to other wallet services
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
5. Ledger Nano S – Affordable Hardware Dogecoin Wallet
If safety is the number one priority, then it is best to use a hardware Dogecoin wallet, which will keep the digital assets offline. Ledger is one of the world’s leading providers of hardware wallets, and its Nano S product is not only highly secure but also affordable.
In design, it resembles a pen drive and is available in multiple colors. The Ledger Nano S can be connected to a mobile phone or a computer using a USB-C cable. It is compatible with Android and iOS, as well as Windows, macOS, and Linux devices. The wallet also has a built-in screen that allows users to confirm each transaction directly via the device.
Users can combine the Ledger Nano S with the Ledger Live app in order to access Dogecoin and other digital assets. Ledger has partnered with DeFi platforms to allow its users to buy, sell, swap, and stake their digital assets through the wallet. It is also possible to connect this hardware wallet to other crypto platforms, such as Guarda, Binance DEX, and others.
Users can also store NFTs in the Ledger Nano S wallet and store their collectibles safely for many years. Ledger even plans to launch its own Visa card, to allow its customers to spend cryptocurrencies globally. In case investors are looking for a more convenient hardware storage solution, the Ledger Nano X might be more suitable, as it comes with Bluetooth connectivity.
Type of wallet | Non-custodial hardware wallet |
Fee structure | $59 for the device |
Fee for buying Dogecoin | 4.5% for credit/debit card payments, 1.7% for bank transfers |
Top 3 features | Support for 5,500+ tokens, integration with dApps, Solid security features |
Pros
- Highly Secure
- Stores over 5,500 tokens
- Affordable hardware wallet
Cons
- Not as convenient as a software wallet
- No Bluetooth connectivity on Nano S model
6. Exodus – Multi-Asset Software Crypto Wallet
Like Coinbase, Exodus comes across as an incredibly user-friendly wallet for storing Dogecoin. However, this wallet supports fewer digital coins. Nevertheless, this non-custodial app is free to download and is available in the form of a desktop or mobile wallet.
In addition to this, users can add Exodus as an extension to their browser – which makes it easier to access the Web3 and other NFT platforms.
Exodus has also indicated that it will be adding a range of apps that can be opened directly via the wallet. For instance, at the time of writing, users can earn interest on their digital assets through Compound Finance, without having to leave the Exodus interface.
Customers of Exodus can buy, sell, and trade digital assets via the wallet. This Dogecoin app also integrates with several third-party crypto providers, including Coinbase and FTX to facilitate transactions. As such, the fees for buying Dogecoin will vary depending on the chosen provider.
Exodus is also known for its reliable customer support, which is accessible 24/7. Moreover, it has also set up a knowledge-base section that caters to investors across all levels. Overall, we found Exodus to be one of the best Dogecoin wallets for beginners.
Type of wallet | Non-custodial software wallet |
Fee structure | Free to download |
Fee for buying Dogecoin | Depends on chosen provider |
Top 3 features | Support for 120 tokens, integration with crypto apps, works with several crypto exchanges |
Pros
- Non-custodial wallet
- Integrates with Trezor
Cons
- No support for 2FA or multi-signature authentication
7. Trezor Model T – Highly Secure Hardware Dogecoin Wallet
The Trezor Model T is a crypto hardware wallet that supports over 1,200 digital tokens. It has a large colored touchscreen display, which is a feature that is missing on the Ledger Nano X. The main advantage of this screen is that it makes it easier for users to enter pin numbers and review crypto addresses.
The device comes with a USB-C connector that links it to mobile and desktop devices. Like Ledger, Trezor also has a proprietary app its customers can utilize to buy and sell Dogecoin. The Trezor Suite facilitates fiat-to-crypto transactions, and also allows users to exchange their digital coins within the wallet app.
Moreover, the Trezor Model T comes with support for a microSD card that allows users to store encrypted versions of their PIN. Trezor can also be connected to software wallets, such as the likes of Exodus and MetaMask.
All that being said, buying a Trezor Model T will set crypto investors back by about $280. On top of this, customers will also have to pay additional fees to purchase and sell Dogecoin. The hardware wallet provider lets its customers make crypto investments via 12 exchanges, and the charges for the transactions vary from one platform to another.
Type of wallet
Non-custodial hardware wallet
Fee structure
Pay up to $280 for the device
Fee for buying Dogecoin
Depends on the third-party exchange
Top 3 features
High security, Shamir backup, support for microSD card
Pros
- Supports 1,200+ digital assets
- Support for microSD
- Buy, sell, and exchange Dogecoin via Trezor Suite
Cons
- No Bluetooth connectivity
- Less convenient when compared to a software wallet
8. Guarda – Decentralized Wallet for Dogecoin
The last Dogecoin wallet app that we will discuss today is Guarda – a leading non-custodial crypto storage provider. It also works smoothly with hardware wallets such as Ledger, so that users can purchase Dogecoin via Guarda and move it to a cold storage solution for HODLing.
This wallet offers support for over 300 digital assets and comes with an intuitive interface. As we noted above, users can buy Dogecoin directly through the Guarda app.
However, when using a debit/credit card, this will cost 5.5% in fees. Moreover, the minimum Dogecoin investment is $50. In comparison, on eToro, investors can buy Dogecoin from just $10.
Guarda also delivers other services such as a crypto exchange and staking. But, the staking feature is not supported for Dogecoin. However, Guarda provides some of the best DeFi interest rates in the market, offering up to 30% on selected digital assets.
Type of wallet
Non-custodial hardware wallet
Fee structure
Free to download
Fee for buying Dogecoin
Depends on the third-party exchange
Top 3 features
Easy to use, buy and sell Dogecoin, stake crypto
Pros
- Suitable for beginners
- Integrates with Ledger
Cons
- High fees to buy Dogecoin
The Top Dogecoin Wallets Compared
Still confused about how to choose the best Dogecoin wallet app or even wondering is it too late to buy Dogecoin in the first place?
Refer to the table below to compare the different providers from our Dogecoin wallet list.
Type of wallet
Pricing system
Free to buy Dogecoin
Top 3 features
Best Wallet
Non-custodial
Differs as per the liquidity pool
Differs per the liquidity pool, discounts offered to $BEST token holders
Offers a DEX, market and trading insights, staking and trading discounts with the $BEST token
eToro
Custodial software wallet
Free to download, 0.5% to send Dogecoin from eToro to the Money app
1% + spread
Copy Trading, regulated on multiple fronts, private key recovery
Crypto.com
Non-custodial software wallet
Free to download, Up to 0.40% on trades
2.99% with credit/debit card
Option to connect with Crypto.com, staking, support for NFT
Coinbase
Non-custodial software wallet
Free to download, 1.49% on trades
3.99% with debit card
Access decentralized web, supports 5,000+ tokens, store NFTs
Ledger Nano X
Non-custodial hardware wallet
$120 for the device
4.5% for credit/debit card payments, 1.7% for bank transfers
Bluetooth connectivity, support for 5,500+ tokens, integration with dApps
Exodus
Non-custodial software wallet
Free to download
Depends on the chosen crypto exchange
Support for 120 tokens, integration with crypto apps, works with several crypto exchanges
Trezor Model T
Non-custodial hardware wallet
Up to $280 for the device
Depends on the chosen crypto exchange
High security, Shamir backup, support for microSD card
Guarda
Non-custodial hardware wallet
Free to download
Depends on the chosen crypto exchange
Easy to use, buy and sell Dogecoin, stake crypto
What is a Dogecoin Wallet?
Broadly speaking, a crypto wallet is a device or program that stores keys to digital assets – in this case, Dogecoin. It allows the investors to manage their Dogecoin balances, and transfer DOGE tokens from one blockchain address to another.
Today, Dogecoin wallets come in different shapes and sizes. While some Dogecoin wallet apps can be used anonymously, others require customers to provide personal information for safety purposes.
In the following sections, we will take a closer look at how a Dogecoin wallet works, and what to consider when picking a storage option for digital currencies.
Why You Need a Dogecoin Wallet
Prior to buying Dogecoin, or any cryptocurrency for that matter, individuals should think of a number of things – such as which provider to use, the type of payment method to utilize, and more importantly, what kind of investment strategy to deploy.
Based on these aspects, investors should also consider how they are going to ensure the safety of their DOGE tokens. For someone who actively trades Dogecoin, it would be easier to use a custodial wallet, such as the one offered by eToro.
Users will be able to manage Dogecoin trades directly from their eToro portfolio and subsequently save on network fees. Alternatively, those who plan to HODL Dogecoin might find a non-custodial wallet more suitable for their strategy.
In addition to this, the best Dogecoin wallets available today pack a variety of features. They store not only Dogecoin but also other cryptocurrencies. Moreover, top providers also let their customers buy, sell, and trade Dogecoin directly from the wallet.
These days, a Dogecoin wallet app will also support the staking of digital assets, offer crypto interest accounts, and even allows its customers to spend their tokens using Visa cards.
Users also have the option to choose between a web or hardware-based wallet, depending on their preferences.
How do Dogecoin Wallets Work?
While we keep cash in a bank account, cryptocurrencies such as Dogecoin have to be stored in a digital wallet.
However, a digital wallet does not hold cryptocurrencies directly. Instead, it holds the ‘keys’ to the Dogecoin tokens that are actually stored on the blockchain network.
A standard Dogecoin wallet comes with two types of keys:
- A wallet’s public key is like the address on the blockchain – and can be shared widely.
- On the other hand, a private key is like a password and should be kept securely.
- Anybody who holds the public keys can send Dogecoin to that address.
- However, only those who hold the private key can withdraw the Dogecoin, or transfer them to another address.
In other words, those who hold the private keys of a wallet will have complete control over the Dogecoin stored in that specific address. Therefore, the biggest danger to digital assets’ security is losing the wallet’s private key.
As such, it is crucial that investors take care to ensure that the private keys are safe and secure, and preferably kept offline.
Types of Dogecoin Wallets
From our Dogecoin wallets list, it is clear that there are different ways to store digital assets – each with its own advantages and disadvantages.
Below, we cover the various types of Dogecoin wallets and explain how they vary in terms of ease of use and security.
Software Wallets
The majority of the best DOGE wallets of today come as software applications.
These are wallets that can be downloaded to a mobile or desktop device. The main selling point of such wallets is that they are extremely convenient to use.
After all, users only need to sign into their Dogecoin app to manage their funds and make crypto investments. Within the category of Dogecoin apps, users have two main options to choose from – a custodial and non-custodial wallet.
The best Dogecoin app for an individual will ultimately depend on how often they make crypto transactions and the duration of their investments.
Hardware Wallets
As far as crypto wallets go, a hardware storage option is the safest. These are physical devices that are designed to store digital assets offline.
Since the device is not connected to the internet, there is a far lower risk that the funds will be compromised. For instance, the likes of Ledger Nano X and Trezor are hardware Dogecoin wallets that provide a high level of security.
However, they might require a bit more knowledge to set up and use. Additionally, whenever investors have to access their digital coins, they will need to have the device with them.
Paper Wallets
Another secure way to store Dogecoin offline is by using a paper wallet. Individuals can generate a wallet via a secure website, which then produces public and private keys that can be printed out on paper.
In other words, only those who have that piece of paper can access the Dogecoin kept in that address.
Many users prefer to laminate the piece of paper to keep it secure. Some even prefer to store paper Dogecoin wallets in a safety deposit box in a bank, so that it does not get destroyed easily.
Alternatively, investors can also try metallic wallets with the private keys engraved.
How to Choose the Best Dogecoin Wallet for You
Most beginners are unaware of the significance of choosing the best crypto wallet for their individual needs.
However, with crypto scammers popping up left, right, and center, it is pertinent to make sure that the Dogecoin tokens are secure.
In this section, we will discuss what to consider when selecting the best Dogecoin wallet.
Security
Needless to say, the most important factor to evaluate is the security offered by a Dogecoin app.
- eToro is perhaps the best wallet for Dogecoin in this regard, as it is heavily regulated by multiple financial authorities.
- Users can leave their digital tokens with this broker, knowing that their assets will be secure.
In addition to the regulatory standards mentioned above, the best Dogecoin wallets also present customers with optional security measures such as two-factor authentication or anti-phishing codes.
This will prevent log-ins from unfamiliar devices and notify the user every time such an attempt is made.
Type of Wallet
Some investors might prefer a non-custodial or a hardware wallet, especially if they want to HODL Dogecoin for a few years.
In this case, using a storage option such as the Crypto.com DeFi wallet might make more sense. It is compatible with over 690 digital assets and even supports NFTs.
On the other hand, for those who wish to make quick transactions, the convenience of a custodial wallet such as eToro would be more fitting.
Mobile Experience
The user experience is also crucial when using a wallet. After all, if a wallet is too complicated to use, it will be a hassle to send and receive Dogecoin.
Therefore, it would be a good idea for an investor to read guides like ours to learn about the best Dogecoin wallets for user-friendliness.
In addition to this, some providers – such as eToro, also offer demo accounts that users can take advantage of to familiarize themselves with the features of the platform.
Best Dogecoin Wallet for NFT Trading
In 2021, a developer minted the first-ever NFT on the Dogecoin blockchain. It was pointed out that the process would be significantly cheaper, especially when compared to minting NFTs on Ethereum.
However, Dogecoin is still not used widely to create NFTs. That being said, the best Dogecoin wallets of today also support other blockchains, including Ethereum.
Therefore, users will be able to store NFTs in the same wallet that can hold Dogecoin. For instance, the Crypto.com DeFi wallet can be used for both cryptocurrencies and NFTs.
The wallet displays NFTs in a gallery format and lets its users organize their digital assets by collection. It also shows attributes of NFTs, including the collection name, total supply, the number of holders, and contract address.
The wallet can also be used to send and receive NFTs while paying only the network fee. This means that users can hold non-fungible tokens purchased not only via the Crypto.com NFT Marketplace but also from other providers.
How to Get a Dogecoin Wallet
To help our readers take the next step, we have put together a walkthrough of how to get a Dogecoin wallet in less than 10 minutes.
Here we use Best Wallet as the reference – since this is the best Dogecoin wallet in terms of security and convenience.
Step 1: Get the Best Wallet App
The first step is to download the Best Wallet app – which is available on iOS and Android. Visit the App Store or Google Play Store and hit ‘Download’ next to the Best Wallet app. Best Wallet will soon be accessible via desktop devices.
Step 2: Register a New Account
Once the app is downloaded, users can create an account on Best Wallet. This can be done in two ways:
- Enter your email address manually
- Select the ‘Continue with Google/Apple’ option
Step 3: Security Process
Best Wallet takes security very seriously. Each user is required to create a four-digit passcode to access the account. Enter your unique PIN and hit continue.
Users can also complete a two-factor authentication (2FA) password. Every time you try logging into the wallet, you will be prompted to enter a six-digit code, which will be sent to your mobile device. This adds an extra layer of security on the platform.
Step 4: Browse Best Wallet
Now, you are free to leverage the Best Wallet features. Connect your other wallets with this wallet, and start trading your favorite cryptos. Users can also access the available features on the DEX, and the upcoming staking mechanisms, and NFT wallets.
Conclusion
When it comes to picking the best Dogecoin wallet, there is no perfect solution. As we discussed in our guide, there are many different types of wallets – each of which come with unique strengths, and use-cases.
Overall, we found that the Best Wallet to be our #1 choice. This crypto wallet offers market and trading insights to users, and gives access to its decentralized exchange. Users can store their NFTs, stake tokens, and earn trading discounts on the Best Wallet.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
FAQs
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