What is Dogecoin (DOGE) Coin
Dogecoin is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
Dogecoin (DOGE) is an open-source peer-to-peer cryptocurrency reported to be “favored by all Shiba inus worldwide”. As a fork of the source-code of Litecoin (LTC), its first block was mined in December 2013.To prevent competition with Litecoin’s mining pools (also using the Scrypt hashing function), Dogecoin (DOGE) transitioned to Auxiliary Proof of Work (AuxPoW) and has been merged-mined with Litecoin since August 2014.
How To Buy Dogecoin (DOGE) Coin
1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Dogecoin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.
2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.
3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.
4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Dogecoin coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.
How Much is a Dogecoin (DOGE) Coin
Dogecoin (DOGE) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.
Dogecoin (DOGE) Coin Review
You can learn more about Dogecoin (DOGE) coin reviews and information on cryptocurrencies by visiting their official page available in the following.
Website https://dogecoin.com/ Github https://github.com/dogecoin/dogecoin Documentation https://github.com/dogecoin/dogecoin/blob/master/README.md Discord https://discord.gg/dogecoin