Buying Dogecoin: instant buy at one percent or the order book at 0.8?

You can buy Dogecoin in Europe on any exchange holding MiCA authorisation, and the price difference between the routes is larger than the difference between the exchanges. Put €100 to work on Sunday evening and Kraken, Bitvavo and Coinbase gave you, on paper, between 1,294.78 and 1,295.67 DOGE. The gap is therefore under a euro. Take the convenient instant buy at the same provider instead of the order book, though, and Kraken charges one percent rather than 0.8 percent, and 1.5 percent on a custom order. Choosing the button costs more than choosing the exchange.

Dogecoin stood at €0.077267 and $0.086534 on Sunday evening and is, at around €12.08 billion in market capitalisation, the twelfth-largest crypto asset. Where things could go from here is set out in our Dogecoin price prediction. For the purchase itself, however, the price is the least important number: what counts are the three costs sitting between your euro and your DOGE, namely the trading fee, the spread between bid and ask, and later the network fee for withdrawing to a wallet of your own.

Buying Dogecoin in Europe: these three exchanges hold authorisation in the register...