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How to Buy Dogecoin (DOGE)
Where to buy Dogecoin (DOGE)
Some Australians have made a fortune on Dogecoin, but they say it's not all about the money
How to Buy Dogecoin in New Zealand
Buy Dogecoin (DOGE)
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Buy Dogecoin (DOGE) with AUD on Elbaite
 
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Where to buy Dogecoin (DOGE)
Where can I buy dogecoin in Australia? I feel like im signing up to multiple sites and they don't let me exchange for aud.
› Cryptocurrency.
Where to buy Dogecoin (DOGE). A beginner's guide to buying and selling DOGE in Australia. CoinSpot Cryptocurrency Exchange.
Register for a free trading account and buy Dogecoin on an Australian fees, Dogecoin can be easily traded on the Swyftx exchange – Perfect for those.
Binance is the best place to buy, sell, trade, and hold DOGE easily.
Get a Dogecoin wallet; This is where you will store your purchased cryptocurrency. You can get a free online wallet or a hardware wallet. Elbaite does not hold.
"To fellow Australian Shibes," he posted on Reddit (a Shibe is someone And how did they know to buy Dogecoin? These are nothing like the people who had bought Doge in and then forgot where they had stashed.
In this guide you'll get information about where to buy Dogecoin, if you are Reddit stocks jumped in extended trading on Thursday after Robinhood said it would fiat deposit – it could be Pound Sterling, Euros, or even the Australian dollar.
This guide explores the best ways to buy Dogecoin in New Zealand and all the best Customer) and AML (Anti-Money Laundering) procedures should be in place. and attracted attention due to celebrity followers, Reddit boards and memes.
Get an ad-free experience with special benefits, and directly support Reddit. How & Where to Buy Dogecoin (DOGE) Buying Dogecoin (DOGE) for funds other currencies (both other cryptocurrencies or traditional currency like AUS dollars).
For clients of eToro AUS Capital Pty Ltd. AFSL , only stocks traded on US stock Dogecoin (DOGE) is now available for buying and selling on the eToro marketplace. Open an Account with eToro: eToro is by far the best FCA-?regulated broker to buy Dogecoin – as you can The most amazing place on reddit!

Some Australians have made a fortune on Dogecoin, but they say it's not all about the money
Dogecoin is a cryptocurrency, a form of digital money that, much like Bitcoin, can be used for peer-to-peer transactions across a decentralized network. One crucial difference: Dogecoin was founded initially as a joke with a picture of a dog on it, while Bitcoin is the original blockchain proof-of-concept. Use Fiat Deposit to add a cash balance of your local currency into your Binance account. With the amount deposited, you can complete a DOGE purchase or spot trade with the available fiat pairs. Download for. Trading crypto on Binance is easy and intuitive. You only need a few steps to buy Dogecoin instantly. This ensures that your crypto trading experience is quick and reliable. Binance offers many trading pairs for crypto trading to meet your needs. Millions of global crypto users trust us. There are a number of ways to buy DOGE. Send DOGE. Yes, Binance allows you to easily transfer value around the world, fast. You can buy DOGE online and send to anyone and anywhere. Why buy DOGE? Learn more before you buy. Cryptocurrency investment activities, including actions done to buy Dogecoin online via Binance, are subject to market risk. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it. Buy Bitcoin.
CoinSpot Cryptocurrency Exchange. Find an exchange to buy, sell and trade Dogecoin by comparing deposit methods, supported fiat currencies and fees. Select Go to site when you've found a fit. Look for an exchange that lists DOGE in one or more currency pairings, and sign up with your email address and a password. Navigate to the markets section on your chosen exchange to find your desired DOGE pairing. If you want to sell your DOGE holdings, you can do so by following a similar process to that outlined in Step 3. You can check out a list of the best Dogecoin wallets for a place to get started. Its mascot, which features heavily on the Dogecoin website, is a Shiba Inu. However, behind all the fun and games of Dogecoin lies a very popular cryptocurrency. Find out more about Dogecoin in our complete guide. Cryptocurrencies are complicated and highly speculative, and many factors can affect their value. Understand the risks associated with cryptocurrencies before making a purchase. Tim Falk is a writer for Finder, writing across a diverse range of topics. Finder uncovered which myths and misconceptions about Bitcoin are most widely believed. Will Musk open Dogecoin up to a whole new audience of crypto investment or has the market already 'factored in' any announcements? In typical crypto fashion, Dogecoin has continued to surge and exceed everyone's expectations, thanks to the likes of Elon Musk and Mark Cuban. We compare Coinbase and Coinbase Pro side-by-side so you can see the differences in fees, features, supported cryptocurrencies and more. We compare the key differences between two of the most popular cryptocurrency exchanges in terms of fees, features, customer support and more. Dogecoin's ongoing success is being driven by a host of celebrity backers that appear to show a real admiration for the "joke" currency. Click here to cancel reply. Optional, only if you want us to follow up with you. We value our editorial independence and follow editorial guidelines. Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. We encourage you to use the tools and information we provide to compare your options. You can learn more about how we make money here. We provide tools so you can sort and filter these lists to highlight features that matter to you. We try to take an open and transparent approach and provide a broad-based comparison service. However, we aim to provide information to enable consumers to understand these issues. Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Please read our website terms of use and privacy policy for more information about our services and our approach to privacy. Tim Falk. Updated May 8, 2021. What changed? Learn more about how we fact check. Navigate Cryptocurrency Getting Started What is cryptocurrency? Cryptocurrency exchanges Cryptocurrency wallets What is the blockchain? Get exclusive money-saving offers and guides Straight to your inbox. Sign me up! Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. What's in this guide? Key factors to consider when buying DOGE. CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 250 cryptos. Go to site View details. Swyftx Cryptocurrency Exchange. Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange. Binance Cryptocurrency Exchange. Digital Surge Cryptocurrency Exchange. An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD. Cointree Cryptocurrency Exchange. You should consider whether you can afford to take the high risk of losing your money. Copy the trades of leading cryptocurrency investors on this unique social investment platform. Easy Crypto Cryptocurrency Exchange. Bank transfer, Cryptocurrency, POLi. Gemini Cryptocurrency Exchange. Bank transfer ACH. OKEx Cryptocurrency Exchange. Bitfinex Professional Trading Exchange. Credit card, Cryptocurrency, Bank Wire. Your capital is at risk. Spot trade all of the major cryptos on this full-featured exchange and margin trading platform. CoinSwitch Cryptocurrency Exchange. Credit card. CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges. Huobi Cryptocurrency Exchange. Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs. View details. ShapeShift Cryptocurrency Exchange. Credit card, Cryptocurrency, Debit card, Banxa. Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin. Hotbit Cryptocurrency Exchange. Cryptocurrency, Epay. Load More. Compare up to 4 providers Clear selection. Get started. Dogecoin has long been seen as a memecoin, which has helped drive price swings both up and down based on celebrity tweets, oddball events and the rallying of online communities. Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks — they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. Finder, or the author, may have holdings in the cryptocurrencies discussed. Don't miss out! Follow Crypto Finder. Was this content helpful to you? Thank you for your feedback! Finder adds Bitcoin trading feature to its fast-growing app Bitcoin for beginners: Finder launches Aussie-first service to simplify crypto. Top Bitcoin myths in Australia Finder uncovered which myths and misconceptions about Bitcoin are most widely believed. Coinbase vs Coinbase Pro We compare Coinbase and Coinbase Pro side-by-side so you can see the differences in fees, features, supported cryptocurrencies and more. Kraken vs Coinbase We compare the key differences between two of the most popular cryptocurrency exchanges in terms of fees, features, customer support and more. Compare crypto exchanges Where to buy, sell and exchange Bitcoin and cryptocurrency. More info... 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Seven years ago, when today's king's ransom of Dogecoin could barely pay for a bottle of kombucha, a PhD student in Melbourne saw an opportunity. That anonymous user was Regan Gallagher, and the exchange he set up in 2014 is responsible for distributing to Australians a volume of the cryptocurrency he estimates would now be worth "hundreds of millions of dollars". The exchange has since closed down, but the trades it facilitated have created small fortunes for those who had speculated on the value of Dogecoin. Upon investigation, the world of Dogecoin is a strange mix of people who bought the currency on a whim so long ago that they can't find their wallets; newcomers who are riding the hype and want to get rich quick; and others who are almost the opposite: they're there for the long haul and believe cryptocurrencies will change everything. And though their belief in a coin that was started as a joke and based on a meme of a dog may seem outlandish and absurd to some, the Shibes are laughing all the way to the bank: the currency is now worth tens of billions of dollars. Most of the rise has happened this year. Reading back through these posts with the benefit of hindsight is like watching footage of a series of people buying winning lottery tickets. With the rise in the value of Doge, Dr Gallagher has recently been contacted by long-ago users of the exchange. Though he'd bought some Doge and this had later helped pay his uni fees, he regrets that night out. Dr Gallagher says another man he knew had bought Dogecoin in 2014 and then set it aside, expecting it would amount to nothing. One day this year he realised it was worth a quarter of a million dollars — if only he could find the electronic wallet that held the coins. Others haven't been so lucky. Dr Gallagher estimates at least two-thirds of the hundreds of millions of dollars worth of Dogecoins bought through the exchange have been lost. The "freedom" that he's chasing involves not having his money in a bank or otherwise tied to the global financial system, which he believes is flawed and prone to collapse. Along with the neuroscience research, he's the director of a permaculture farm in the hinterland of Byron Bay and a cryptocurrency consultant with Digital Currency Australia — a business that grew out of the Dogecoin exchange. By his thinking, cryptocurrency is analogous to an off-grid farm that can survive without the outside world. Like growing carrots and rearing goats, buying crypto is a way of being more resilient. At the same time, he acknowledges the value of Dogecoin is volatile and its appeal and therefore its value is based on a fickle "narrative". This is what drew him to the coin back in 2014, when he was completing a PhD in psychology. The topic of cryptocurrencies like Bitcoin is dry and hard to understand, he says, but adding the doge meme gives it a familiar "narrative". The doge meme, which became popular in 2013, typically consists of a picture of a Shiba Inu dog accompanied by multicoloured text in Comic Sans font depicting the dog's internal monologue. The founders of Dogecoin started the currency partly to make fun of the grand claims made by other cryptocurrencies like Bitcoin, but their creation took on a life of its own. People bought Dogecoin because they thought it was funny. A welcoming community sprung up. This hunch paid off — eventually. The sudden rise of Dogecoin in early 2021 was a "perfect storm of internet culture, gaming culture and crypto", says Jason Potts, a professor of economics at RMIT University. Instead, they are often young men entering the world of finance and speculation for the first time. They spend a lot of time online, and learned about Doge through gaming or Reddit communities. These are nothing like the people who had bought Doge in 2014 and then forgot where they had stashed their electronic wallets. These new young buyers want to get rich quick. These new speculators collided with a Dogecoin community that had grown slowly over many years and prided itself on its generosity and honesty. The moderators of the Dogecoin subreddit, for example, do not own Dogecoins, so that they may remain impartial. The man who founded this subreddit in 2014, the user 42points, is a 37-year-old apprentice electrician living in a regional Victorian town. The number of posts exceeded 2,000 an hour. Some of this activity was coordinated by other Reddit groups, including one called SatoshiStreetBets, who were looking to drive up the value of Dogecoin. They did so by buying the coin, but also by making lots of noise to give the impression of a rush on Dogecoin. Fulvio recalls bots and shills people who are promoting a business or an investment flooding the Dogecoin subreddit and spamming it with posts, meaning it could no longer operate as a forum of ideas and information. As the price of Dogecoin rose, more came. Months later, they're still coming. He's worried many young, first-time investors are over-excited and could lose more than they can afford if the value of the coin falls sharply. This coincided with Tesla boss and self-proclaimed "Dogefather" Elon Musk making a joke on Saturday Night Live about the coin being a scam. Professor Potts says the rapid fluctuations in the price of Dogecoin are "something quite addictive". He says speculating on its value is relatively harmless, so long as no-one is getting themselves into debt. That's hard to say, says Dr Gallagher, given the value is "purely psychological at this point". As the "joke currency" becomes more valuable, it may lose the veneer of amateurism and ironic mockery that made it popular in the first place. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. News Home. So who are these Shibes? And how did they know to buy Dogecoin? These are the stories of some of the people who got in early. Watch Duration: 2 minutes 11 seconds 2 m 11 s. Sorry, this video has expired. Elon Musk's Tesla U-turn prompted a bitcoin plunge. Is it the beginning of the end for crypto? The future of money, or a 'hustle' — what is Dogecoin? More on:. PM announces new payment to support people without work during lockdowns. Want a pay rise? Pay attention to how much Australia's lowest-paid workers earn. Find out who's eligible for the government's new lockdown payment. Jealousy and ice fuelled Carly McBride's alleged killer, court hears. National shortage of antidote as mouse plague sees huge spike in poisoned pets. NZ emergency agency pleads not guilty to charge over deadly White Island eruption. For one mother, the four-year nightmare of Trump's brutal border policy comes to an end. Popular Now 1. Victoria's lockdown rules change again at midnight. Here's what they will be. National shortage of antidote as mouse plague sees huge spike in poisoned pets Posted 26 m minutes ago Thu Thursday 3 Jun June 2021 at 10:05am. More Just In. Back to top. Footer ABC News homepage.
Financial Advisers Auckland. Cat and Dog Desexing Pet Euthanasia. Funeral Costs. Bathroom Renovations Auckland. Kids Eat Free. How to Buy Dogecoin in New Zealand. This guide explores the best ways to buy Dogecoin in New Zealand and all the best practices for safely buying cryptocurrency. Disclaimer - by publishing this guide, we are NOT recommending you buy Dogecoin. Warning: By publishing this guide, we are not recommending or suggesting in any way or form that Dogecoin is a suitable investment. Many commentators have described Dogecoin as a 'lottery' coin, which is, arguably, a suitable description. If you buy Dogecoin, be prepared to lose your investment. We published and routinely update this guide to help people decide what's best for them - MoneyHub is conservative and our publisher, Christopher Walsh , has zero Dogecoin or any other cryptocurrency investments. We are cautious about the long-term prospects of Dogecoin given its rise has, for the most part, been supported by internet groups and celebrity endorsements. We present this information in good faith and remain objective at all times. We may earn a referral bonus for anyone that clicks on some of the below links - see our Advertising Policy for more details. Summary Dogecoin is a less-popular but widely covered cryptocurrency that often finds its way into the news for its high price volatility and, arguably, uncertainty over its purpose. It launched as a 'joke' cryptocurrency in 2013 and there are currently 129 billion Dogecoins in circulation vs Bitcoin's 21 million. Dogecoin does not have much mainstream real-world use. For this reason, many crypto enthusiasts stand clear alongside sceptics. In this guide, we'll help New Zealanders navigate the complex and controversial territory of cryptocurrencies to help you buy Dogecoin in the safest, simplest and most affordable way possible. We will not consider whether you should or not buy Dogecoin; we assume that decision was already made, hence why you're reading this guide. Despite this, our guidance is overtly cautious given the risks involved with Dogecoin and cryptocurrency in general. Our research highlighted several Dogecoin platforms, but few are based in New Zealand and offer transparency. For this reason, we suggest considering the locally-owned and trusted Easy Crypto and BitPrime platforms. These two platforms are popular with our users, have esteemed reputations and are trusted by tens of thousands of New Zealanders. Advertising Disclosure: We may earn a referral bonus for anyone that clicks on some of the below links - see our Advertising Policy for more details. Once you have completed the purchase, they will deliver the coins to a Dogecoin DOGE wallet which either you provide, or they provide. Exchanges are incredibly vulnerable to hacks and attacks. The infamous New Zealand-based exchange Cryptopia is likely still fresh in everyone's mind. Unfortunately, there are dozens of stories like this, and that's why Dogecoin owners need to take steps to protect their holdings. Even though Dogecoin trades at a fraction of Bitcoin, cyber criminals don't miss opportunities when there are security deficiencies. For the average investor, the main characteristics to look for in a platform for buying DOGE are as follows: 1. Funding methods Check if the company has convenient funding methods that are familiar to you. Some companies engaged in cryptocurrency trading may struggle with opening bank accounts or partnering with licensed payment processing companies, which means out of necessity they cooperate with payment institutions with a higher risk appetite. Fees Familiar yourself with all of the applicable fees. Some companies impose transaction or conversion fees to cover what's charged to them by payment processors. For example, free is perfect, one per cent is fair, two per cent is high, and anything more is unreasonable. Besides charging for making fiat deposits, some companies charge for withdrawing cryptocurrencies to external wallets. Withdrawal fees vary depending on the coin. Fees could be as high as 0. Some platforms charge 0. Some exchanges adopt a maker-taker model, where they charge less when limit-orders are used instead of market-orders. Reputation Look for an established company with an active user base. The more users a company serves hints at greater liquidity on the platform, making it easier to buy and sell Dogecoin. There are many options in the market today which have been operating reliably for years. Compliance Decentralised finance advocates might disagree with this point; however, an important characteristic of a legitimate venue for buying Dogecoin is if the company requires ID verification before providing services. Liquidity It's important to know you have the ability to sell your Dogecoin quickly and easily, should you want to liquidate them. Also, check how your sale will be settled, how long it will take, and if any transfer fees should be expected. Most large exchanges and brokers offer numerous cryptocurrencies and digital assets. The features of the platform might also be of interest, depending on your Dogecoin investment strategy. If you want to make a couple of purchases, you probably want a simple application which doesn't require learning how to use some advanced trading software. Where can you buy Dogecoin in New Zealand? There are several options for buying Dogecoin in New Zealand - our list below includes the most trusted and popular methods. Disclaimer - the inclusion of any Dogecoin exchange or broker below is not an endorsement or a promotion. Our list is for information purposes only. Easy Crypto. Moreover, the company has gone to great lengths to guide users on keeping their cryptocurrencies safe, with recommendations on hardware wallets, and plenty of user guides on each recommended model. Payment methods: POLI instant pay, or local NZ bank transfer Fees: All fees are included in the spread, which is why the bid and offer prices might look higher than other platforms. The fees are around 0. BitPrime is a popular New Zealand based platform, registered as an NZ financial services provider, to buy or sell various cryptocurrencies, including Dogecoin. What this means is that BitPrime does not act as a wallet, as most other platforms do. Almost all coins are able to be sourced through the BitPrime's custom order page. Learn more: BitPrime. According to average daily turnover, Binance is one of the largest crypto exchange platforms in the world. After launching in 2017, the company established itself globally and is constantly shrouded with more rumours of expansion in a short space of time. When withdrawing Dogecoin , for example to your private wallet, there is a withdrawal fee of 0. This is different to Bitcoin which has a limited supply, so the price of Dogecoin will, most likely, never follow the trajectory of Bitcoin given there's no shortage of coins. The founders of Dogecoin ultimately wanted to make their currency open to the masses and transparent arguably in contrast to the origins of Bitcoin. Our must-know facts help you understand Dogecoin better:. Dogecoin transactions are non-reversible. This is a great feature for merchants who are concerned about chargebacks. Dogecoin has an infinitive supply. Our view is that Dogecoin's low price does not mean it's undervalued and a 'buy' compared to the likes of Bitcoin or Ethereum. The reality is very different - Dogecoin is has an almost infinitive supply whereas higher-valued coins have a finite supply. This means the underlying value of Dogecoin is difficult to establish. Dogecoin is incredibly secure. Dogecoin is decentralised. There are no restrictions on who can create a DOGE wallet and start using the cryptocurrency. If someone lives in a country with an unreliable or inaccessible banking system, they can use Dogecoin without objection. The past performance of Dogecoin is no guarantee of future behaviour. Dogecoin has few uses and no real purpose; it has become popular and attracted attention due to celebrity followers, Reddit boards and memes. With this, Dogecoin has seen some impressive gains in in 2021, the price of DOGE is incredibly volatile. Investing in Dogecoin is speculative and profits rely on someone paying more for it than you later on. Typically, when you invest money in the financial markets, you do so via a licensed and authorised broker to deal or issue those instruments and act as a custodian for your collateral and your assets. These traditional financial service providers need to meet fitness and proprietary requirements before a license is issued, requisition external auditors annually, submit reports to authorities and meet strict operational and fiduciary responsibilities. The best way to keep your Dogecoin safe is to use one of the popular hardware wallets that the cryptocurrency community has already tried and tested. When it comes to Dogecoin, the asset you want to protect is the private key , not the coins themselves. Without going into great detail concerning the underlying cryptography used to make this all possible, a hardware wallet allows you to create Dogecoin transactions without connecting to the internet, therefore significantly protecting the private key. Therefore, the signature can be generated offline and used to authorise transactions online. Frequently Asked Questions about Dogecoin. There is a lot of misinformation about Dogecoin - our shortlist of common questions help you understand some of the finer details. Is Dogecoin a real cryptocurrency? Yes - Dogecoin is a legitimate cryptocurrency, just as Bitcoin, Ethereum and hundreds of others are. That being said, the number of Dogecoins in circulation is significant, which is one of the many reasons the Dogecoin price is much lower than other cryptos. Like most media-driven stories, we believe that enthusiasm for Dogecoin isn't sustainable in the long term. Can you use Dogecoin to buy things? Yes - you can exchange it for other cryptocurrencies, gift it, use it for online gambling and use it as select online merchants. Is it safe to use online Dogecoin wallets? When you keep your crypto in an online wallet, there is always a risk that the provider could be compromised. Cybercriminals are always looking for new ways to exploit cryptocurrency users and businesses. The best advice is to take charge and use a private wallet you control. Is it safe to keep Dogecoins on an exchange? Many exchanges allow you to keep your purchased cryptocurrencies in an account on their platform. The idea is to make it convenient for active users to buy and sell cryptocurrencies. Most exchanges encourage users to keep their coins in private wallets. Its well-known exchanges are the targets of aggressive and sophisticated attacks due to the large amounts of cryptocurrencies under their control. Search MoneyHub. For this reason, we believe in being completely upfront about how this website works, its strengths and its weaknesses. Our guides, resources and tools are presented without consideration of the financial circumstances of any specific user. Please see our regulatory compliance guide. Important: We may be compensated if you click on a link, but such links do not affect our findings. MoneyHub publishes guides based on facts and numbers, not incentives. Our advertising policy explains more. We are a journalistic online resource with the aim of providing New Zealanders with the best money guides, tips and tools. We can't guarantee everything contained on this website will be perfect - you use the information contained on our website and all social channels at your own risk. The information on this website does not constitute financial advice in any form. Our interpretation of the latest financial advice and services legislation can be found here. We link to other websites throughout this website, but take no responsibility for the content they publish. We welcome your stories, tips and any feedback via [email protected]. Our values statement is simple: MoneyHub exists to give every New Zealander the information they need to make better financial decisions. Visit Easy Crypto. Visit BitPrime. Dogecoin transactions are non-reversible This is a great feature for merchants who are concerned about chargebacks. Dogecoin has an infinitive supply Our view is that Dogecoin's low price does not mean it's undervalued and a 'buy' compared to the likes of Bitcoin or Ethereum. Dogecoin is decentralised There are no restrictions on who can create a DOGE wallet and start using the cryptocurrency. The past performance of Dogecoin is no guarantee of future behaviour Dogecoin has few uses and no real purpose; it has become popular and attracted attention due to celebrity followers, Reddit boards and memes.
This open-source digital currency was first released on December 6, 2013 by Jackson Palmer and Billy Markus. Dogecoin is named after the popular internet Doge meme trending in 2013 featuring a Shiba Inu dog, thus the image of the Shiba Inu on the digital coin. The main difference between Dogecoin and other cryptocurrencies such as Bitcoin BTC is that it is an inflationary currency. This means there is no maximum market cap to the number of dogecoins that can be mined which creates a consistent reduction of inflation-rate over time. The Dogecoin community is also widely believed to be friendly and helpful, having raised money for charities on social platforms such as Reddit. Get a Dogecoin wallet This is where you will store your purchased cryptocurrency. You can get a free online wallet or a hardware wallet. Elbaite does not hold your cryptocurrency in their own centralised wallet. Elbaite believes, your cryptocurrency is only yours if it is in your wallet. Elbaite is a peer to peer exchange that connects trusted sellers to trusted buyers through our unique TraderTrust system. Pay for your purchase Pay the agreed amount using your bank account. The seller will never know your banking details, keeping your data private. More Dogecoin information Whitepaper Official Website.