Dogecoin Wallet: How to Choose the Right Wallet

The Dogecoin cryptocurrency was developed as a joke by programmers Billy Marcus and Jackson Palmer. Dogecoin owes its logo and name to the popular Internet dog Shibu Inu.
The coins are based on Litecoin, the issue is endless, the annual release is 5 billion Doge with 5% inflation.

In 2013, no one expected records and special popularity from the asset. It is all the more surprising that Dodge has received recognition and confidently occupies a place in the TOP-50 of the Coinmarketcap rating.

At the peak of the market in early 2022, capitalization reached $2 billion, and the price of 1 coin was only 2.7 cents.

Network commission 1 Doge, transaction limits between services are 10-50 coins. This makes it clear why this cryptocurrency is chosen by numerous users of faucets, buxes, cloud mining and clients of crypto exchanges with micro-deposits - you can transfer small amounts to a Dogecoin wallet with a negligible commission.

  • Thin (software) wallets
  • Dogecoin Core Cold Wallet
  • Paper wallet
  • Hardware wallets for storing Dogecoin
  • How to choose the right wallet for Dogecoin
  • Types of wallets for Dogecoin cryptocurrency

    By category, wallets are divided into 2 types:

    1. As service applications, for example, pools, exchanges, surfing sites.
    2. As independent services with the main service - a wallet and add-ons for exchange or trade.

    And the types of wallets are divided into:

    • Online or browser-based, it’s hot.
    • Software, desktop, local, or thin client.
    • Hardware or removable.
    • Cold or full client.
    • Paper is the safest.

    There is no strict terminology, so a browser wallet can be called a software wallet. There is no error, since the functionality of any wallet is built on software, it is more important to understand the purpose of a particular version.

    Thin (software) wallets

    Software wallets are first downloaded, then installed and launched on a PC; history viewing is available offline.

    The interface and capabilities of the wallets are different, but the management is the same.

    • Multi Doge desktop wallet, recommended by Dogecoin as a wallet from the official website, very easy to manage.
    • Jaxx configures the recovery of a lost address, supports Shapeshift - a fast buying and selling platform
    • WOW Doge has impeccable service; no one has ever complained about this program.
    • Exodus.io also has a cryptocurrency trading option. Technical support is prompt, the security system generates a mnemonic phrase to restore access.

    The internal exchange rate for light wallets is often inflated. However, they are used by active traders or clients who receive money in different cryptocurrencies and do not want to wait for the minimum limit to accumulate for each type of coin.

    Creation algorithm

    The official website of the project provides a list of software versions for installation on a PC: for Windows, MAC, Linux and a mobile application.

    Step-by-step instructions on how to create a Dogecoin wallet:

    1. On the official cryptocurrency portal dogecoin.com you need to download the appropriate version of the software.
    2. The resulting file is installed on your computer.
    3. After installation, you need to register a new account.
    4. Finally, you will need to click on the “Get Address” and “Request Payment” button to top up your account with Dogecoins.

    Bitcoin or fiat money is suitable for making a deposit to the wallet. You can buy coins through crypto exchanges or exchangers and transfer them to your wallet account.

    READ How to check a Bitcoin wallet

    Dogecoin Core Cold Wallet

    The Dogecoin Core cold wallet is synchronized with the Dogecoin blockchain. You can download the program from dogecoin.com by selecting the desired OS version.

    Before creating a full dogecoin wallet client, make sure you have enough disk space. The download takes a few minutes, then launch the program and select the installation folder.

    For full operation, all that remains is to wait for the program to synchronize with the Dogecoin blockchain; this will take from several hours to a day. It is important not to turn off the PC while synchronization is in progress, otherwise errors will occur. First close Dogecoin Core, the next time you launch your wallet, synchronization will resume.

    The controls are very simple - from 2 menus:

    1. In File access to backup.
    2. In Settings, encryption and options.

    1. In the Help there are reference materials.

    The second menu contains the Review, Send, Receive, and Transactions tabs. When transferring money, make notes for memory.

    To find out your address, you need to click Receive, then Request payment - the account number to which the deposit is made will open.

    On the Sending page you need to specify the address to which the money should go. You can choose a commission - the usual 1 Doge or more. To increase the fee, move the slider - the transaction will go faster.

    By default, payment is in whole coins. By going to Options-Settings-Dogecoins Display, you can configure kDoge or MDoge, where kilo is 103 and mega is 106.

    It is recommended to periodically make copies through the File-Make Backup menu.

    How to create a DogeCoin wallet

    We decided that we couldn’t live without a wallet, and in order to get one, we needed to go through a certain procedure. To do this, you will need to create a Dogecoin wallet. Registration is simple and does not take much time. It will take no more than two or three minutes to complete it. See for yourself by going to DogeChain.info.

    Further instructions look like this:

    • When the user is on the site, he will need to find the “New wallet” block, which is located in the “Wallet” tab. There will be an inscription “Create wallet”. By clicking on it, you can begin to design a storage facility for Dogi coins;
    • The following page will open. There will be a registration form there. It's simple, but you need to fill it out. There are only three fields (one for email and the other two for password), so it won't take much time. And when you are done, confirm the operation by pressing the “Create wallet” button;

    • Next you need to find the DogeCoin wallet number. After the registration fields are filled in, a window will appear where this identifier, unique for each crypto wallet, will be displayed. It must be written down and kept in a safe place. If you do not do this, you will no longer be able to get into your wallet;

    • After operations with the number, you can click on “Open your wallet”. The system will move the new client to his newly created DogeCoin crypto wallet. You can already see the DOGE address there. This set of symbols can be shown to anyone for transactions or placed on sites where Dogecoin mining occurs.

    By the way, if the procedure is successful, that’s not all. To protect yourself, you need to keep your Private Key from your crypto wallet in the most secure place possible. It is located in a special pdf file. To get it, download the file to your computer directly from the wallet. To do this, go to the “My Wallet” section and click on the “Paper wallet” button. This will start downloading the pdf file to your computer. The file under the DOGE address will contain the private access key to the crypto wallet.

    Paper wallet

    A paper wallet is created on the website walletgenerator.net. Select a coin in the right menu:

    At the bottom of the page, find the link Download repository on GitHub, go and download the zip archive:

    The archive contains the file:

    You need to disconnect from the Internet, open index.html and move your mouse around the screen to generate an address. Green dots will appear on the screen and progress will be displayed in the Skip window.

    As a result, you will see 2 addresses - public and secret. You received data in isolated mode while offline. Now no one except you has access to the keys.

    Print out the details in several copies, sign and hide in a safe place.

    The printer should work just like a PC - without connecting to the Internet. Only under this condition is 100% privacy guaranteed.

    To be sure that everything is done correctly, before storing money in a paper account, perform a control deposit and withdrawal of a small amount.

    MultiDoge

    A light variation of the Dogecoin Core wallet. The main advantage is the almost instant transfer of funds to dogecoin addresses.

    Additional benefits:

    • takes up little space on your computer's disk;
    • loads quickly;
    • There is a Russian version;
    • convenient working panel.

    Disadvantages include::

    • inability to make a profit from cryptocurrency mining (cloud mining pools do not count);
    • low level of security.

    The MultiDoge wallet is suitable for storing DOGE in small amounts.

    Hardware wallets for storing Dogecoin

    Removable wallets for the Dogecoin cryptocurrency resemble a flash drive and have multi-level protection - a password with a code and a recovery phrase. If the device is lost, the account is restored on the new device. A stranger who finds a removable wallet will not be able to get your money.

    • Ledger is considered the leading manufacturer; its devices have backup and support for several cryptocurrencies. The Ledger Nano S model is the most affordable.
    • Trezor devices have an excellent reputation; the owner can restore access to a lost wallet, as well as use backup.
    • KeepKey is the youngest manufacturer, its competitive advantage is the integration of a platform for buying and selling cryptocurrencies and a large screen.

    Regarding removable models, the question often arises: why can’t you top up your account with small amounts every day? Device manufacturers do not recommend running devices frequently:

    • For the Trezor brand, an erroneously entered code doubles the time of each subsequent launch.
    • The Ledger manufacturer warns that frequent startup causes the device to slow down, and if the code is entered incorrectly 3 times, the settings are reset.
    • All hardware wallets launch an exploit code for a transaction; this is an access to the Network, therefore, a moment of vulnerability.

    Therefore, theoretically, you can buy a removable wallet and send small amounts rarely, but given the cost of models starting from 10 thousand rubles, this is simply not profitable.

    List of DogeCoin wallets

    Dogecoin wallets can be different. That is why, when choosing which wallet of this type is best, you need to look through the entire list. We have selected several crypto wallets that have a user-friendly interface. And at the same time, all the services under consideration are distinguished by the secure storage of Doge:

    1. MultiDoge


      . This is a light version of the wallet, so there is no full synchronization. You can install the wallet on Windows and Linux OS.

    2. Wowdoge. Another lightweight version of the software wallet for Doge. Synchronization takes a little time. As a result, the user receives a functional interface. Versions available for Windows, OS X and Linux.
    3. Dogecoin Core. This is the official version of Doge wallet. It is complete, so you will have to wait to synchronize with the Blockchain. Versions available for Windows, OS X, Linux, Android, Blackberry, Browser, Source, IOS.
    4. DogeChain. Online wallet. Free and easy. All you need to do to get a wallet address is register.
    5. Block.io. Multi-currency online wallet. The peculiarity is that, with one account, you can manage Bitcoin, DogeCoin and Litecoin.
    6. Freewallet. Simultaneously a mobile wallet and exchanger. Works with Bitcoin, Litecoin, Dogecoin, NXT, Dash, Ethereum, Steem, ZCash and Monero.
    7. Kryptonator. Another convenient online wallet and exchanger. Free and easy.

    But there is not enough information provided here to select any of the listed wallets. For example, what if you keep your coins in a cold DogeCoin wallet, but it turns out to be of poor quality? Knowing at least general information about it, you can reduce the likelihood of error. That's why we've done a broader review of each of the wallets presented - to avoid any unpleasant surprises.

    Dogecoin Core

    Dogecoin Core


    is the official wallet for the cryptocurrency in question. If you use the full version of the wallet, it can be installed on almost all PCs and even mobile phones. Essentially, this is the most secure wallet that exists for DogeCoin.

    • Ability to work with all popular operating systems. In particular, on Windows, Android, OS X, Linux;
    • Fast work;
    • Convenient minimalist interface, so it’s easy to search for the necessary information in your wallet;
    • A high level of security, thanks to which the password on DogeCoin is not the only precaution. The system is protected from any attacks from hackers or other problems.

    The disadvantages include the following:

    • The wallet client weighs at least 20 GB;
    • Long synchronization, during which it is advisable not to touch the computer;
    • The need to frequently back up data to save money if something happens to the computer.

    Overall, this wallet deservedly gets the top spot on our list. And not least because of its official status, which ensures complete security of money.

    MultiDoge


    This is a lighter version of the wallet described above. It is known for the fact that transfer to DogeCoin address here takes very little time. This is a definite plus of the wallet in question. Its advantages:

    • This is a compact version of the crypto wallet for Dogecoin. It takes up little space and loads more than quickly;
    • The official wallet is available in Russian, so the interface is understandable to everyone;
    • The interface is convenient even for inexperienced users;
    • The operations take little time.

    Among the disadvantages are:

    • The wallet does not provide for receiving payment from mining;
    • Due to the fact that the version is lightweight, the level of security is not as high as in the main model.

    But otherwise, after downloading, you will see that this Dogecoin wallet has the same parameters as the main version.

    Wowdoge

    WowDoge


    is another compact Dogecoin wallet. It was originally designed to get rid of all the inconveniences of classic-type crypto wallets.

    Wallet advantages:

    • You don't have to wait long to download the entire Blockchain;
    • Smooth, logical interface, thanks to which this wallet is called the easiest to learn and use;
    • New features are added based on user requests;
    • The wallet software is free and open source;
    • The wallet takes up only 15 megabytes of space on your computer;
    • The commission for the DogeCoin wallet is minimal. It is set by the user himself depending on his capabilities;
    • There are versions for operating systems Windows, OS X, Linux.

    There are very good reviews about this wallet on the forums. Of course, sometimes there are critical statements, but usually they are associated with some sluggishness of the service on certain versions of the OS.

    Kryptonator


    I can talk endlessly about this wallet. It is truly one of the best, not least because it has the following advantages:

    • Can work with several cryptocurrencies at the same time. In addition to cryptocurrency, Doge supports 18 coins. Among them are Bitcoin, Blackcoin, Monero, Peercoin, Dash, Primecoin, Redcoin, Emercoin, Zcash, Litecoin, Ripple, etc. In addition, fiat currencies can be stored on this wallet;
    • You can exchange cryptocurrencies inside the wallet;
    • Has good protection. Users always need to go through two-factor authentication to get into the wallet. In addition, there is protection against entry from unfamiliar devices;
    • The DogeCoin wallet has the ability to work in Russian;
    • The service has a clear menu and guarantees clients complete confidentiality and security of transfers;
    • Cryptonator can be accessed anywhere in the world.

    Negative points:

    • Previously, it was possible to withdraw money to bank cards and Yandex.Money, but now this service has been cancelled.

    DogeChain


    Another good DogeCoin wallet. This is a virtual version of the classic wallet.

    • Works online;
    • You can access it from any device;
    • You don't need to sync to get your wallet address;
    • It only takes two minutes to register.

    Disadvantages include insufficient security. But this is typical for almost all online wallets.

    Freewallet

    The Freewallet project was presented as a way to solve pressing issues regarding the storage of cryptocurrencies. And all thanks to the ability to create high-quality mobile cryptocurrency wallets.


    This wallet has been working since the beginning of 2016. During this time, the storage was only improved, turning the mobile application into a full-fledged wallet for storing the most popular cryptocurrencies.

    • The ability to store Bitcoin, Litecoin, Dogecoin, NXT, Dash, Ethereum, Steem, ZCash and Monero on one unified interface;
    • The wallet does not need regular backups;
    • A three-level data security system is observed. You can log in by having a security code, confirming your email and entering your mobile phone number. This technique allowed the Freewallet project to achieve almost the same protection as in the banking industry.

    Freewallet is an already synchronized application for working with Dogi. That is, after installation, the full wallet options will be available immediately. In this case, the bulk of user assets are placed in cold storage. This will protect your money from the greedy hands of criminals.

    Block.io

    Block.io


    - a good service where you can store Dogs. But storing DogeCoin is not the only thing this wallet can be useful for. In particular, it is often used to store other popular cryptocurrencies. Such as Bitcoin and Litecoin, for example.

    Let's now look at the features of the resource and whether this virtual wallet can really be trusted:

    • The first thing the user notices is that the interface is in English. Because of this, a lot of things may be incomprehensible to the Russian-speaking audience. But all sections are placed conveniently, therefore, even without knowing the language, you can logically guess what is located where;
    • You can create an account directly on the website by clicking on the “SIGN UP” button. After this, all you have to do is enter a couple of details, and in a few minutes you will have your wallet;
    • The resource is multi-currency, even if there are few currencies with which it works;
    • There is a so-called “Secret Mnemonic”, which is useful if the owner of the crypto wallet forgets or loses the password. Then, through this function, access to money can be restored;
    • Within the system, you can create an unlimited number of wallets in each of the directions available here.

    But users often write on the Internet that they have difficulty withdrawing cryptocurrency. This must also be taken into account before registering for the service.

    How to choose the right wallet for Dogecoin

    Choose a wallet depending on the purpose of owning Dogs. The principle is as follows:

    1. Investments are stored in hardware, cold and paper accounts.
    2. For frequent transactions and small amounts, online and local are suitable:
    • if you need access from a desktop computer, any version will do;
    • when you need to access your wallet from a mobile device, a local application for iOS or M is more convenient

    But there is not much difference - after all, hot wallets are adapted for display on tablets and phones.

    How else to withdraw Dogecoin? Cryptocurrency exchange is a great option

    Any cryptocurrency exchange will help you with the issue of withdrawing funds. Dogecoin is a popular coin, and therefore many well-known sites work with it. Let's consider withdrawal of funds using EXMO as an example - this is a reliable and proven exchange. Dogecoin is traded in different currency pairs. You can exchange Dogecoin for rubles or dollars.

    Instructions:

    1. After registering on exmoney.com, go to the wallet itself, select the DOGE currency, click “Top up wallet”.

    2. You will be provided with the exchange's Dogecoin wallet address. You need to copy it.

    3. Then go to your DOGE wallet and send coins (paste your copied Dogecoin address from the exchange website). On exmoney.com funds arrive quickly. Commission 0% after 6 network confirmations.

    4. Then select the exchange DOGE for rubles (or other currency) in the menu and withdraw funds through any electronic payment system provided for your choice.


    This way you can quickly and easily withdraw Dogecoin. What other exchanges have this feature? Binance, Huobi Global, Upbit, OKEx, CoinTiger, etc.

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