Dogecoin (DOGE) began as a joke on forums like Reddit. With the comical face of the Shiba Inu dog meme (or “Doge”) as its official logo and a loyal fanbase driving its appeal, the digital currency rose to become one of the most popular bets in the crypto universe—battling the likes of Bitcoin, Ethereum, Tether and other top players in the global market.
This guide will take a look at the best Dogecoin wallet service you can buy as you start your digital journey into trading and storing DOGE coins and, hopefully, becoming a financial success.
Disclaimer
You should not use this guide as financial advice. Any mention of the Dogecoin currency, or any platform that offers it, is not an endorsement.
Keep in mind that cryptocurrencies, despite all the hype, are still very volatile. In other words, your money is rarely safe when invested in a turbulent market, such as cryptocurrency. You should always make sufficient efforts to research the market and trading dynamics on any given day; only then should you move forward to consider spending some funds buying digital coins.
Finally, it’s always a good idea to directly contact the crypto platform or hardware wallet service to confirm whether they offer their software, apps or assets in your state.
With that out of the way, let’s take a look at the best Dogecoin wallets (including hardware wallets) that money can buy (or download).
Name | Type | Compatibility | Price | Official Website |
---|---|---|---|---|
Ledger Nano X Wallet | Hardware Wallet | BTC, ETH, LTC, XRP, BNB, BCH, XLM and 1350 more | $119 | Click here |
Ledger Nano S Wallet | Hardware Wallet | BTC, ETH, LTC, XRP, TRX and 1330 more | $59 | Click here |
Trezor Model T Wallet | Hardware Wallet | BTC, ETH, LTC, XRP, BCH, XTZ and 1350 more | $179 | Click here |
Trezor One Wallet | Hardware wallet | BTC, ETH, BCH, XLM, LTC and 1280 more | $59.99 | Click here |
Binance | Desktop | Bitcoin, Ethereum, Litecoin, Doge and 150 more | 0.02% to 0.10% of the transaction amount | Click here |
Jaxx | Desktop/ Mobile | Bitcoin), Ethereum, Bitcoin Cash, Litecoin, Doge among others | Variable transaction fee | Click here |
How To Choose the Best Wallets for Dogecoin
DOGE wallet services come in different forms. Each cryptocurrency wallet offers its own security features, user interface and other options such as two-factor authentication. But generally speaking, you should look for these features no matter what price you have to pay to secure wallets for your cryptocurrencies.
Support for DOGE
It goes without saying that no matter which wallet you use to buy/store your coins and tokens and keep your private keys safe, it must support Dogecoin. You should go to the website of the wallet you are interested in and check if it supports DOGE.
Most crypto wallets support Bitcoin, Ethereum and other top cryptocurrencies, but that doesn’t mean they will allow you to send and receive Dogecoin as well. You should look for Dogecoin support before you take a look at the features for managing your digital assets.
Utility
Before signing up for a Dogecoin wallet and trading on a cryptocurrency exchange, you need to make sure you’re at ease with it. Each online crypto wallet has a different way to store coins. The good ones have the facility to store coins in cold storage (i.e., offline); some options are better for mobile, and some are best used with desktop machines, while others work great on any given device.
You can read a review or two covering the wallet(s) you’re most interested in. Save a list of the ones you like, then go to your most preferred choice and have a look at its app.
These steps are crucial for users who are new to the digital assets business. Simple wallets that take care of business first and glossy looks later may not be the hottest thing in town, but they make access to the crypto world safer and more seamless.
Security
If a wallet is not offering you good security features, you shouldn’t put money into it regardless of how appealing its interface is.
Generally speaking, you should first check if the wallet offers hot storage or cold storage. Also, check if it provides two-factor authentication, which is no longer a luxury. Two-factor authentication is essential when it comes to financial transactions.
Then, you should check if it has multiple signature functionality. If you are satisfied with security features (check them for all platforms such as desktop and Android), you should scour the internet for news about whether hackers have ever managed to pull off an attack against the wallet service. Unfortunately, cyberattacks are all too common in the crypto world.
If you can’t find anything, you might consider opening an account with the service.
Restore and Backup Functions
Modern cryptocurrency wallets must offer backup services. They should also make sure everyone can make one without much effort. The same goes for restore points.
Due to the inherently chaotic nature of the internet and electronic devices, you need a way to make sure your coins are safe and in order, even if your internet connection and device are not.
Updates
Needless to say, a cryptocurrency wallet should offer regular updates for its product. The world of cryptocurrencies is rapidly changing, and if the development team behind your favorite crypto wallet is not adding better functionalities and features to its wallet, it is only a matter of time before people start moving away from it.
Customer Support
There is a good chance you will run into minor annoyances that you can’t fix with a YouTube tutorial. For those times, you will need customer support. Check to see if your wallet service offers one.
Ideally, your wallet service should offer multiple ways to contact its customer support department. Moreover, you should review what others are saying about the wallet’s customer support on online forums and other sites.
Reviews
If you don’t want to spend a ton of time researching your favorite wallet, you can scroll through online reviews covering the product. Reviews are essentially free work done by other people who are interested in the same thing as you.
You should never put money on a platform by only reading its marketing materials, which rarely reveal the true story behind a given digital wallet. You’ll need to look for user reviews on independent internet forums.
Also, give proper weight to opinions about your wallet on lesser-known forums. Marketers tend to flood popular forums with their own sales agents and fake reviewers. You can never be too careful when it comes to cryptocurrency wallets.
With that out of the way, before listing the best Dogecoin wallets, let’s review the different kinds of cryptocurrency wallets you can get:
Types of Dogecoin Wallets
There are many cryptocurrencies on the market today—so many, in fact, that it is now impossible to keep track of them all.
Primarily, there are two types of wallets: Hot wallets and cold wallets. Let’s review what each one can do for you.
Hot Wallets
The primary type of cryptocurrency wallet is a hot wallet. Think of it as a cryptocurrency wallet that is perpetually connected to the internet.
Of course, cryptocurrency experts and scholars are still developing the exact definitions for each type of wallet. For now, you can safely assume that if someone is talking about a hot wallet, they’re referring to a wallet that always has a connection to the internet. These wallets can provide multiple downloadable applications, Android/iOS mobile apps or even browser extensions to allow you to exchange Dogecoin and other cryptocurrencies.
On that note, we should add that a considerable portion of the crypto community prefers to use hot wallets. For some, it makes storing Dogecoin wallet currency easier. Hot wallets are very accessible, and the Dogecoin wallet owner does not have to jump through too many hoops to get transactions going. These are the two biggest reasons why so many people prefer this type of Dogecoin wallet.
Most of the time, you can sign up for one of these Dogecoin wallet services for free. That is another big reason why they are so popular, especially for beginner cryptocurrency users. Another factor is usage—hot wallets don’t require a lot of setup work. You only need to spend a few minutes before you have a working wallet you can use right away.
Hot wallets can either be software-based or exchange-based. All types come with easy-to-follow instructions. Again, they are very straightforward for beginners.
As an individual user, you can use hot wallets any time you have a connection to the internet and an internet-enabled device. You can access your currency, check your balance and start taking part in transactions. Most of these activities do not require you to push more than two or three buttons.
This is also a good time to mention that mobile wallets for Dogecoin are even better as you can have your wallet with you all the time. Of course, that also means if you lose your phone, you could end up losing a lot of your money. You can always encrypt your phone and your Dogecoin wallet app, so it never opens without your password or fingerprint to mitigate that risk.
Cold Wallets
Cold wallets are different from hot wallets in the sense that they don’t have an internet connection at all times. They are “offline,” so to speak.
When you want to make a transaction, you just connect your cold Dogecoin wallet to the internet, purchase or sell some crypto funds, and then disconnect it from the online network or the device that has a web connection.
Cold wallets are more secure than hot wallets for the simple reason that they are not connected to the online world. Most hardware wallet devices are of the “cold” variety.
Cold wallets are not free and sometimes cost a decent amount of money. They are also not that easy to use. For Dogecoin users, the cold wallet type is not recommended since Dogecoin itself is not as established as a currency like Bitcoin or Ethereum.
With that out of the way, let’s take a look at the best Dogecoin wallet services available on the market today.
If you’re more interested in Bitcoin, check out our guide on how to set up a Bitcoin wallet.
Best Dogecoin Hardware Wallet and Online Wallet Options
Ledger Nano X
Simply put, Ledger Nano X is essentially the most popular wallet for Dogecoin.
Some consider Ledger Nano X to be the best hardware wallet because of its security features. In terms of the reliability and effectiveness of security features on offer, Ledger Nano is a top-of-the-line Dogecoin wallet.
Once you have bought a Ledger Nano X, you will have to create a PIN code. Any time you want to do something with your digital assets, you will have to provide that PIN. In addition to that, a 24-word recovery seed feature comes in handy for times when you can’t remember your PIN. In those cases, you can use the 24-word recovery seed to recover your Dogecoin currency when you need to.
Another reason why Ledger Nano X is considered the best in the business is that it doesn’t store private keys. In other words, it is non-custodial. All of your coins and tokens are yours.
Ledger Nano X comes with a user interface that is branded as Ledger Live. As far as wallet UIs go, you are unlikely to find anything better than Ledger Live. It helps users keep their Dogecoin in proper order and makes sure they don’t have to spend any extra time receiving or sending Dogecoin.
The design of the product itself is very durable and clean. It isn’t as sleek as some of the other gadgets you may own, but it doesn’t need to be. You should only carry your Dogecoin hardware wallets when you need them. Other times, your Dogecoin wallets should remain somewhere safe.
As for the price, it depends on where you order the product from. But generally speaking, you should not have to pay more than $119 for it. If you reside in certain countries, you may be eligible for free shipping when you order the wallet.
Now, you may be thinking that you don’t have to pay such a high amount of money for a Dogecoin wallet—and you would be right. The thing is, if you’re a beginner, you probably don’t need state-of-the-art security and accessibility features. But if you want to purchase expensive hardware wallets, make sure you do so from the official Ledger Nano X website and nowhere else.
Pros
- Mobile device management
- Great security features
- Supports 1,500+ cryptocurrencies
- Great user interface
Cons
- A bit on the pricey side
Ledger Nano S
Like the previous item, this is also a hardware wallet. And since this one comes from the same hardware wallet company, it is also very secure and reliable. The Ledger Nano S is one of the best Dogecoin wallet options on the market when it comes to offline storage.
Very few Dogecoin wallets are competent at storing the user’s private keys. Ledger Nano S is one of those Dogecoin wallet services. It stores your private keys and then uses a PIN for further protection. Like competitors, the wallet also has restore and backup features available, along with an essential two-factor authentication system.
Apart from that, the wallet (in the form of a USB device) has an OLED display that shows you different bits of information when you take part in a transaction. The device also has buttons you can press to perform different functions.
Similar to the Ledger Nano X, the Ledger Nano S is very easy to install and use. In total, it supports upwards of 20 cryptocurrencies, including Dogecoin, Bitcoin, Litecoin and Ethereum.
The only problem with Ledger Nano S is that it is a bit expensive at $59, but that’s the only clear drawback of this wallet.
Pros
- Powerful security options
- Easy to use
- Supports multiple cryptocurrencies
Cons
- A bit expensive
Trezor Model T
Trezor Model T is another very safe wallet that comes with all sorts of security tools to keep your digital assets and private keys away from harm. If you want PIN code protection, the Trezor Model T has it. And if you want regular firmware updates, backup tools and other defense mechanisms, Model T has them all.
The hardware is fairly durable, and the device’s touch screen is something you will not find in most hardware wallets. Some have mentioned that its design is not the most convenient to carry around, but the truth is, you shouldn’t be carrying your digital wallet with you too much anyway.
You will have to pay $194 to use the Trezor Model T wallet, making it among the more expensive wallet devices on the market. However, the features on offer can make up for it if value those requirements.
Pros
- Secure
- Easy to install
- Supports 1,200+ coins
- Touchscreen
Cons
- Basic design
- Expensive compared to competitors
Trezor One Wallet
If there is one thing your crypto hardware wallet should always have, it is security. And the Trezor One wallet succeeds in this department.
Firstly, Trezor One is considered one of the best Dogecoin hardware wallets for the simple reason that it limits the user’s connection strictly to USB. That means hacking attempts such as keylogging won’t affect you. That being said, the service has experienced security issues in the past; these are detailed on a dedicated page of its website.
The design of the wallet itself is modern and sleek. Nevertheless, it is durable. Another advantage of using Trezor is the constant updates it provides. An updated firmware means your wallet will be able to withstand potential cyberattacks with ease.
The price you have to pay for all the latest security options is about $60. Other hardware wallet devices can cost more, so if you’re just starting out with cryptocurrencies, this is a good buy.
Again, only buy from the official website. Leave the third-party retailers alone if you don’t want to end up with a faulty crypto wallet.
Pros
- Great security
- Very reliable
- Supports multiple cryptocurrencies
- Regular updates
Cons
- Has experienced unauthorized access issues and other attacks in the past
Binance
Binance is the world’s most famous crypto exchange platform. It doubles up as a Dogecoin wallet as well. It essentially serves as a hot wallet if you want to use it for Dogecoin.
Basically, you sign up for an account on Binance and it takes care of all your assets/coins and other cryptocurrency needs. Binance acts as your general wallet. Of course, more experienced cryptocurrency users will say that one should not store Dogecoin or any other type of coins online all the time.
They will also tell you that for more secure storage, one should always go with a hardware wallet. We won’t disagree with that since it’s always more secure to simply make an exchange and then disconnect your wallet from your device, so it isn’t online anymore.
However, if you trade Dogecoin via Binance, you will reap some exclusive online benefits. Firstly, Binance is very fast when it comes to selling coins with any of the top cryptocurrencies. It doesn’t matter if you’re on an Android or iOS mobile device or a laptop/desktop—if your device has an online connection, Binance will work on it.
Binance saves you a lot of time since your wallet is closely linked to the actual exchange. Usually, you’d have to go through online funds-transfer processes to exchange cryptocurrencies, but with Binance, you don’t have to.
Binance may be a crypto exchange first and a DOGE wallet second, but it is very reliable, safe and secure for storing and exchanging your crypto coin funds.
Pros
- Very reputable cryptocurrency exchange
- You can trade countless cryptocurrencies
- Offers two-factor authentication
Cons
- Beginners may have to read up on how to use Binance properly
Jaxx
This wallet is great for people who are primarily interested in storing and trading ERC-20 tokens through their devices or software applications. Jaxx, also known as Jaxx Liberty, supports all such coins and tokens numbering in the dozens.
Jaxx is an online wallet that you can access either through its official website or its mobile apps. Currently, it offers online apps for devices running on Android and iOS devices. It also provides a Google Chrome extension.
It is fairly secure and has an interface that isn’t bothersome to those who are new to the world of DOGE wallets. It gives users great control over their private keys and can integrate with different exchanges.
As such, it makes storing Dogecoin or DOGE easier for everyone.
Pros
- Beginner-friendly
- Exchange integration
- Accessible
- Multi-platform
- Support for Bitcoin, Ethereum, Dogecoin and many other cryptocurrencies
Cons
- Lack of two-factor authentication
- Supports fewer coins than other desktop wallets
Conclusion: What’s the Best Dogecoin Wallet?
Those interested in Dogecoin/DOGE wallets should sign up for services that are easily accessible, non-custodial and have a growing crypto community behind them.
We conclude that the best Dogecoin hardware wallets are Ledger Nano and Trevor. You are free to go with whichever product you feel the most comfortable with.
Note that when you store a small amount of DOGE in your wallet, it is fine to go with wallets that run on mobile and web applications. But if you want a secure solution, hardware and/or desktop wallets are the best way to go.
Comments (No)