Best Dogecoin Wallets for 2023

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.

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. eToro – Overall Best Dogecoin Wallet for 2023

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.

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.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

2. 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.

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.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

3. 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%.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

4. 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.

5. 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.

6. Atomic – Top Non-Custodial Dogecoin Wallet App

Atomic is another provider that offers support for the non-custodial storage of Dogecoin. Individuals can download the wallet for free and set it up in less than five minutes. There is no need to provide any personal information or create an account.

Moreover, users do not have to connect to any third-party exchange to buy Dogecoin via the Atomic Wallet. Instead, the easier option would be to purchase Dogecoin with a debit or credit card directly through the wallet interface. However, if performing fiat currency transactions, users will have to go through a verification process.

The platform charges a commission of 2% for facilitating direct crypto purchases. In addition to this, users will also have to pay a fee of up to 5% when using a credit/debit card. And if needed, it is also possible to connect Atomic Wallet to other exchanges such as Coinbase and Gemini.

Apart from Dogecoin, Atomic supports more than 300 other cryptocurrencies. Users can also trade over 60 crypto pairs via this wallet. Although it is also possible to stake digital assets, this feature is not offered for Dogecoin at the time of writing. See our full review of Atomic wallet.

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.

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.

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.

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.

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 eToro as the reference – since this is the best Dogecoin wallet in terms of security and convenience.

Step 1: Open an Account 

As we discussed above, eToro is a regulated broker and offers a custodial wallet service to its users.

To create a DOGE wallet on eToro, new users must first create an account on the platform. This requires individuals to provide their email address, along with some personal information such as a full name and date of birth.

Individuals can get started with the account-opening process by visiting the official website on eToro and tapping on the ‘Join Now’ button.

Once the account is registered, users will also have to verify the information they have provided. Under KYC guidelines, this means that individuals will have to provide a copy of their identity document – which could be a passport or driver’s license.

In addition to this, users also have to submit a proof of address document – like a bank statement or a utility bill.

Step 2: Download eToro Money Wallet App

At this stage, eToro automatically creates a wallet for a user account. This means that any digital assets that are purchased via the eToro exchange will be stored safely within the trading platform. Users can leave their DOGE tokens within this wallet for free.

However, in case the user has to transfer the DOGE tokens elsewhere, the eToro Money wallet needs to be used.

This can be accessed via a free Dogecoin wallet download link, either from Google Play or the App Store. After installing it, users can gain access to the app with their eToro account credentials.

Step 3: Add Dogecoin to Crypto Wallet 

In case the user already has Dogecoin stored elsewhere, they simply have to transfer it to the eToro Money wallet app. To do this, customers can use the public key of the wallet and enter it as the destination address.

Alternatively, users can also share the Dogecoin wallet address with others in order to receive DOGE tokens to the eToro Money app.

To buy Dogecoin, eToro accepts credit/debit cards, e-wallets, and bank transfers.

Next, search for Dogecoin and specify the investment amount. Once the purchase is completed, the DOGE tokens will be added to the eToro portfolio. From there, users can transfer them to the eToro Money wallet if needed.

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 eToro Money app is the best Dogecoin wallet for investors and traders. It supports Dogecoin as well as many other digital assets.

Moreover, with this wallet, users can also perform in-app conversions for over 500 different crypto pairs. In addition to this, the eToro brokerage platform is heavily regulated and supports useful features such as Smart Portfolios and Copy Trading.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

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