Due to recent market trends, Dogecoin has been gaining immense popularity and market value over the past few months. The two memecoins, i.e. Dogecoin and Shiba Inu coin, based on a dog breed called Shiba Inu, are now in the top 10 list of the most traded cryptocurrencies in 2021
This popularity has attracted millions of investors from all across the world to invest in them, especially Dogecoin. While the arrival of these new investors is extremely beneficial for the crypto market, it also raises a lot of security concerns for them.
The primary security concern among these new investors is where they should store their freshly bought Dogecoin. According to Crypterium, one of the leading online wallets for all types of cryptocurrencies, it is necessary that you choose the safest and most optimal wallet for your cryptocurrency to ensure your Dogecoin stays safe in your hands.
The problem is that the market is flooded with several crypto options that all claim to be the best option for your Dogecoin funds. Finding the best ones out of them is an arduous task and that is why we are here to help you out. If you too are looking for a crypto wallet to store your Dogecoin, then don’t worry because we have you covered.
In this article, we will list several of the best options to store the cryptocurrency safely within your reach. Read the article till the end so that you don’t miss out on crucial details.
Binance is considered to be the best cryptocurrency exchange platform out there and features one of the most reliable and efficient online wallets. It is directly linked with the exchange allowing you to trade cryptocurrency easily with seamless access to your crypto funds.
The best thing about it is that it fully supports Dogecoin and a number of other cryptocurrencies as well to choose from. Along with optimal security on its wallets, Binance also features a dedicated customer support team for its users – a feature that many prominent crypto exchanges lack.
The wallet has access to more than a hundred different types of cryptocurrencies which means you can trade in your Dogecoin with other cryptocurrencies any time you’d like. However, the only problem is that the exchange does not feature fiat currency transactions and you will need to own a specific pre-existing amount of crypto for you to trade on the website.
If features and tons of unique benefits are a major requirement for you, nothing can beat Crypterium. The amount of features it allows its users to have after they create their wallet on the website is simply enormous. The exchange fully supports most of the cryptocurrencies out there and also accepts a ton of fiat currencies as deposits.
If needed, the exchange also gives its users their own free virtual Visa card for use. The wallet features maximum security for your funds and can store all your Dogecoin in the safest way possible. What’s more is that the funds that stay in your account can increase at a specific interest rate if you open your own high-yield savings account.
When it comes to actual popularity and reputation, Coinbase takes the cake with its large user base and daily active users that use the platform to trade cryptocurrency on a daily basis.
Coinbase is one of the biggest online exchanges out there and as such, a lot of people use the exchange’s wallet to store their important cryptocurrencies – most notable amongst them being Dogecoin, along with Bitcoin and Ethereum.
It has support for over a hundred countries across the globe and can be accessed anywhere you’d like. The exchange offers maximum security for its wallet to ensure that hackers don’t obtain your private keys and get a hold of your precious crypto funds.
If you are ready to spend some extra money, the exchange also has a separate section called the vault where you can store your cryptocurrency for the maximum internet safety an exchange can offer.
If you want premium security for your Dogecoin wallet, then opting for hardware storage is your best option. While these wallets are not as accessible as their online counterparts are, they are the best options for storing large amounts of cryptocurrencies that have a lot of inherent value. Ledger is amongst the top companies that manufactures secure and reliable hardware wallets for their users.
Ledger hardware wallets offer you the best security on the market and justify the price tag they come at. You can store multiple cryptocurrencies in it, provided that it has enough space, and easily access it whenever you want by connecting it to your computer or laptop.
Apart from Ledger, Trezor is another of the top hardware wallet manufacturers that manufactures crypto storage with the most security in the world. Their wallets come with tons of features and advantages – all at an affordable price tag and with the assurity that your crypto will never be stolen away from you.
Trezor can store up to a thousand cryptocurrencies with ease in its storage drive and you have the ability to access all of them using your computer or laptop. While Trezor wallets are a bit bulky in design because of their features, they more than make up for it with their touchscreen interface that you can see in some models and large storage size that allows you to hold more Dogecoin.
ZenGo features one of the most unique and intuitive crypto storage options on their online exchange. The wallet you create for your cryptocurrency doesn’t have any custody nor does it require a key to access. While this may sound like it reduces the security of your account, it couldn’t be further from the truth because ZenGo is actually one of the best online storage options for your crypto.
It allows you true ownership of your cryptocurrency by integrating various identification and security measures. What’s more is that you can create an account here in just under 20 seconds, making the wallet extremely fast and secure.
There are several wallets out there that can store your Dogecoin in the most secure way possible. We hope this article helped you find most of them and if it did, please consider following our website for regular updates as it will help us out immensely.