You want to know if you can use the Etrade trading platform to trade Dogecoin, and we want to tell you that you cannot engage in any kind of crypto trading on Etrade.
The exchange does not currently offer any account, wallet, or products like futures when it comes to cryptocurrency.
Of course, there are other exchanges that deal with cryptocurrencies, stocks, and other financial market products through their official websites. Users can access the exchange website they are interested in and use their wallets to start making money either via the official app or the website.
So if investors cannot deal in digital crypto currency on Etrade, which online brokers offer their services to buy and sell crypto coins and other currencies?
That is precisely what we are going to look at in the next section.
What investment apps have Dogecoin?
Apart from price and funds requirements, many cryptocurrency trades service providers work on the same principles as traditional financial services, such as a bank or any other service that allows users to purchase stock, manage risk, store assets, deposit money, and deal with other products like securities.
As for which broker you should get started with when measuring the risks involved in cryptocurrency, here is the list.
Kraken
Minimum Funds
It depends on the cryptocurrency you want to deal with.
Fees
Anywhere from 0 percent to 0.26 percent.
Features
A cryptocurrency advice will lose value if it does not mention Kraken as a major player in the crypto trading world.
The reason for why the tools Kraken offers to traders are so highly rated is that the platform offers a lot of security.
On top of that, the traders only have to pay a small fee for the service depending on the prices of their trades.
So low cost is one reason why you should buy Dogecoin and other cryptocurrencies from the Kraken platform.
The firm offers many other features that most other brokers that show up in your search engines can’t match. For example, Kraken offers mobile apps and online software for users to trade cryptocurrencies in the US and globally.
This exchange is also big enough that several media outlets would gladly keep you posted about all the news regarding the platform and the financial products it offers for free.
Moreover, it offers future contracts, OTC trading, margin trading, and crypto facilities (like Bitcoin) for institutional clients.
Kraken offers a beginner’s guide without any additional fees for purchasing Dogecoin for the first time.
For additional peer-to-peer transactions, you can take advantage of its Android and iOS apps.
Now, the only problem is that some of its offerings are not available in the US. For example, Kraken Futures is not available to any user in the US.
If you read comments on various internet forums, you will know that it doesn’t serve people living in Washington State or New York.
Of course, if you think you could live with these restrictions, then Kraken may be the platform of choice for you.
Binance
Minimum Funds
$10
Fees
Anywhere from 0.1 percent to 4.5 percent.
Features
Binance offers lots of cyrptocurrency options, including Dogecoin. You may not be able to buy futures or margin products, but you can take part in OTC trading and staking rewards.
It also offers crypto to crypto exchanges.
As for the fee, you need around $10 to set up an account. Depending on the speed of your trades, you can pay anywhere between o.1% to 0.5%
The only problem you have to look out for is geographical restrictions. You can’t use Binance apps in New York, Vermont, Idaho, Hawaii, Connecticut, or Texas.
Gemini LLC
Minimum Funds
$0
Fees
0.99% to 2.99% if you make transactions via the mobile or web interface that are between $10 and $200.
For transactions greater than $200, it is 1.49%.
There is also a 0.50% convenience fee.
For debit card dealings, you have to pay 3.49%.
Features
Gemini offers 30+ crypto assets. You can buy and sell Dogecoin without any problems or a need to deposit something first.
As mentioned at the top, Gemini isn’t too forgiving when it comes to fees for mobile and web transactions. You also have to pay a convenience fee.
As for features, Gemini offers both beginner and advanced traders lots of tools.
The most prominent of those is the crypto rewards scheme. Based on the assets you own, you can earn up to 7.40%.
There is also an Active Trader platform that offers wallet storage facilities and guides.
If you take out ERC-20 tokens, then Gemini only offers the following currency.
- Bitcoin
- Ethereum
- Zcash
- FileCoin
- Dogecoin
- Bitcoin Cash
Conclusion: Getting Started With Crypto Trading on Cryptocurrency Trading Platforms
Currently, there is no way to buy and sell Dogecoin on Etrade. You can exchange the peer-to-peer cryptocurrency (Dogecoin) on the alternative exchanges that we have mentioned in the previous sections.
Apart from our recommendations, you can also try out Robinhood and Coinbase for more Dogecoin options.
FAQ: Buy Dogecoin Doge
Can I buy Cryptocurrency on Etrade?
Currently, you cannot buy or sell cryptocurrency on Etrade.
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