Dogecoin is the cryptocurrency nobody wanted to take seriously – and more than ten years on, it is still here. By market value, DOGE still ranks among the larger cryptocurrencies. In Switzerland some banks and apps offer it, others deliberately do not. And since April 2025 it has even been available as a product listed on SIX.
If you have moved to Switzerland and your old exchange or broker no longer fits, this page shows where you can buy Dogecoin with Swiss francs, what it costs, when an ETP makes more sense, and why a A cryptocurrency that started as an internet joke or meme, whose price depends heavily on sentiment and social media. swings far more than bitcoin.
From internet joke to top-20 cryptocurrency
Dogecoin was launched on 6 December 2013 by software developer Billy Markus and marketer Jackson Palmer, as a parody of the crypto hype of the time. Its logo is the Shiba Inu dog from the "Doge" meme. Technically, Dogecoin is derived from Litecoin and thus indirectly from bitcoin.
- Dec. 2013
Billy Markus and Jackson Palmer launch Dogecoin.
- 2014
Merged mining with Litecoin: miners secure both networks at the same time.
- May 2021
All-time high of about USD 0.73, just before Elon Musk's appearance on the US show 'Saturday Night Live'.
- End of 2024
Market value of around USD 46 billion according to 21Shares, sixth place.
- 8 April 2025
21Shares launches a physically backed Dogecoin ETP on SIX and Xetra.
- Nov. 2025
The first spot Dogecoin ETFs start trading in the US, including Grayscale (GDOG) and Bitwise (BWOW).
The name caused confusion again in 2025: the US "Department of Government Efficiency", or DOGE, has nothing to do with the cryptocurrency.
No cap: how many Dogecoin exist
Dogecoin uses A method in which computers spend processing power to create new blocks and receive newly issued coins as a reward. Bitcoin uses it too., like bitcoin. The crucial difference is supply: bitcoin is capped at 21 million coins, Dogecoin is not. A new block is created every minute, and each block adds a fixed 10,000 DOGE. That comes to just over 5 billion new coins a year.
According to CoinGecko, well over 150 billion DOGE are already in circulation. Annual inflation is therefore a little above 3% and slowly falling, as a fixed number of new coins is added to an ever larger stock. In practice: for the price to stay flat, roughly 5 billion coins' worth of new demand has to arrive every year. For a payment coin that is by design; for an investment it is a headwind.
Where to buy Dogecoin in Switzerland
Swiss providers disagree on Dogecoin. Swissquote offers it; PostFinance and Lucerne Cantonal Bank do not.
| Provider | DOGE | CHF deposits | Cost (buy) | To your own wallet |
|---|---|---|---|---|
| CEX.IO | no (USD, EUR, GBP) | spot 0.15–0.25% | ||
| Swissquote | bank account | 1.00% | USD 10 per withdrawal | |
| SwissBorg | SWIFT only | 0.99% | ||
| Kraken | SIC, free | from 0.80% (Pro) | ||
| Yuh | bank account | 1.00% | not confirmed | |
| PostFinance | – | – | – | |
| Lucerne CB | – | – | – |
- CEX.IO has been operating since 2013; group entities are registered in the US (FinCEN) and the UK (FCA). Swiss residents contract with CEX OVRS LLC in Nevis, which names no regulator, and there is no FINMA licence. DOGE trades against dollars, euros, USDC or bitcoin, not francs. Spot fees start at 0.15% maker and 0.25% taker (CEX.IO review).
- Swissquote lists DOGE among roughly 50 cryptocurrencies. Fees start at 1% and fall with trading volume. Withdrawals to an external wallet cost USD 10 (Swissquote review).
- SwissBorg charges a flat 0.99% per exchange. Swiss customers contract with the French company BlockNodes SAS, which holds a MiCA licence. Francs can only be deposited by SWIFT, and card top-ups cost Swiss residents 4.5% (SwissBorg review).
- Kraken accepts francs by SIC transfer via Bank Frick free of charge; Swiss customers contract with a British Virgin Islands company. On Kraken Pro you pay 0.40% maker and 0.80% taker, more in the simple app (Kraken review).
- Yuh shows Dogecoin in the price overview of its roughly 50 tokens; you can buy from CHF 10 for a 1% fee (Yuh review).
- Coinbase lists DOGE as well; we could not confirm that Swiss residents can deposit francs there (Coinbase review).
Dogecoin is not available at PostFinance, Lucerne Cantonal Bank, Mt Pelerin or Ticino's BancaStato.
Dogecoin is no longer alone, either. Swissquote also lists Shiba Inu, Pepe, Bonk, Floki and Dogwifhat, and Yuh adds the "Official Trump" and "Official Melania" tokens. The line-up shows how far Swiss providers have embraced meme coins. It also shows that Dogecoin is the oldest and by far the most liquid of them; the imitators are mostly much younger and smaller.
Step by step: buying DOGE with Swiss francs
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Choose a provider
If you only want to hold DOGE, a banking app such as Swissquote or Yuh will do. To send it or self-custody it, you need a provider that allows withdrawals to your own wallet.
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Open an account
Verify with your passport or Swiss residence permit plus a selfie. Swiss providers must identify you at the latest once your crypto purchases reach CHF 1’000 within 30 days.
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Transfer francs
A SIC transfer from a Swiss account is usually free. Card payments cost several percent depending on the provider.
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Buy – ideally in instalments
With such a volatile coin, small regular purchases, say CHF 50 a month, can smooth your entry price. It is not a guarantee.
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Keep your statements
Save the trade confirmations. For your tax return, the holding on 31 December is what counts.
A worked example: CHF 200 buys about 3,100 DOGE at a price of CHF 0.064. The purchase costs CHF 2 at Swissquote or Yuh, and about CHF 1.98 at SwissBorg. How bank transfers to a crypto platform work is explained in our guide to buying crypto by bank transfer.
Buy Dogecoin by bank transfer and decide for yourself whether it stays on the platform or moves to your own wallet.
Operating since 2013Group registered with FinCEN (US) and the FCA (UK)
The Dogecoin ETP on SIX: an option for your securities account
If you would rather not open a crypto account, you can buy Dogecoin like a share through your securities account – handy if you already invest via a Swiss bank or broker. The 21Shares Dogecoin ETP is an Exchange-traded product: a listed security that tracks the price of a cryptocurrency and is backed by actual coins. with these key data:
According to 21Shares the product is fully backed by dogecoin held in custody by BitGo Europe. The upside: no extra account, no wallet, and the ETP appears on your bank's tax statement. The downside is the running cost. On CHF 1’000 you pay CHF 25 a year in management fees, plus your bank's brokerage. Buying directly at Swissquote costs 1% to buy and 1% to sell, so CHF 20 in total, however long you hold. Beyond one year, buying directly is usually cheaper. Size matters too: the product is small for a listed product – 21Shares publishes its current assets on the product page. Small ETPs can be closed by the issuer; you would then usually receive the cash value but lose the position. Check with your bank whether it allows trading in crypto ETPs. Our guide to crypto ETPs in Switzerland has an overview.
Storage: app, bank or your own wallet
Most buyers in Switzerland leave their DOGE with the provider. At Swissquote a Swiss bank holds the coins; at SwissBorg and Kraken the platform does. To hold DOGE yourself, you need a wallet that supports Dogecoin. Ledger and Trezor hardware wallets do; according to its datasheet, the Swiss-made BitBox02 does not. Network fees for a Dogecoin transfer are low, but a test transaction is still worth it. See our guide to crypto wallets in Switzerland.
Dogecoin and Swiss tax
For tax purposes the Federal Tax Administration treats Dogecoin like other cryptocurrencies. Your holding on 31 December goes in the securities list and is subject to wealth tax. For 2025 the ICTax price list gives CHF 0.095719 per DOGE. If you held 50,000 DOGE at the end of 2025, you declared about CHF 4’786 of wealth. Capital gains on private assets are tax-free and losses are not deductible. Be careful with very frequent, debt-financed trading: the tax office may then class you as a professional trader. Details in our Swiss crypto tax guide.
Honestly: the risks of a meme coin
Dogecoin has no company generating revenue and no built-in scarcity. Its price lives on attention. That became clear in 2021, when posts by Elon Musk multiplied the price within months – and then let it fall again. Anyone who bought at the May 2021 peak has had to sit through steep losses ever since.
A sensible rule of thumb: put only a small share of your assets into meme coins, and only money you could afford to lose entirely. If you want to build a long-term crypto position, bitcoin or our overview of the top cryptocurrencies offer alternatives with different characteristics. This page is not investment advice.
