![]() ![]() Sending and receiving payments is fast and easy with Dogecoin. Once you’ve purchased your coins and stored them in your wallet, payments can start being made. This stops hackers from stealing funds that would be easily stolen from online wallets. Hardware wallets ensure the private keys are kept on the device and are immune from getting viruses. Most people will use a hardware wallet when it comes to holding their cryptocurrencies. Mobile Wallet: Dogecoin wallet and Dough wallet.Here’s a list of all the wallet types and the best options available: Users can either use online wallets that are free and don’t cost anything or can purchase hardware wallets that are a bit more secure however can cost a lot. There are several types of wallets, which all store your coins on the blockchain. The saying goes as “not your keys not your tokens” which is saying if you keep coins/tokens on an exchange then the asset doesn’t belong to you. Holding your coins in a cryptocurrency wallet is essential if you want to confirm the token is safe and secure. However, looking at the recent popularity in the token, it might be a good time to take a look closer look at the DOGE charts. Many users also ask “should I buy Dogecoin for an investment?” This is a difficult question to answer as making an investment is solely the users decision. So what happens once you’ve purchased your tokens? The next step is to find the perfect wallet to store them. These exchanges also allow users to directly purchase cryptocurrencies from their bank accounts, making it easier to join in on using DOGE for payments. We recommend purchasing DOGE from a reputable exchange that has low trading fees. Trading pairs with Bitcoin, Ethereum, and Tether are among more popular options. ![]() There are several exchanges out there that have DOGE listed as a tradeable coin. There are lots of options out there for you to pick from, so let’s have a look at what’s available to you at the current time. To begin using Dogecoin for your transactions and payments you’ll need to start off by purchasing some coins from a reputable exchange and open a well-designed wallet that stores the DOGE in the meantime. Big names like Elon Musk have also tweeted about Dogecoin in the past really giving authority to the coin. Dogecoins future looks bright as it’s quickly gaining in stature and is currently in the top 10 cryptocurrencies in the world. Recently Dogecoin has been making headlines with a new all-time high of $0.07797, something many users thought was unimaginable. ![]() However, several years later the sleeping giant awoke and reached its previous all-time high in 2018, with a market cap of $1,986,736,955 with a value of $0.017. Things were looking bleak for the coin back then. A few days later the token saw its first price dump, reducing in price by 80% due to the Chinese new regulations. This occurred all the way back in 2013 when China began cracking down on cryptocurrencies. Things started to get serious when the popularity of the coin started skyrocketing with a massive 300% price increase within a 72-hour time period. Original Dogecoin was created as a meme currency and for fun based on the Shiba Inu posted on Tumblr many years ago. The mascot for the company is also called DOGE, which translates directly into ‘dog’, and is associated with the Shiba Inu seen below. Eventually, the team aims to make DOGE the currency of the internet. The main object of this company is to provide peer-to-peer transactions using the DOGE coin. What is DOGE?ĭOGE is the digital cryptocurrency developed by Dogecoin. This article will review why you should pay with DOGE and why accepting payment is also viable. However, which cryptocurrency does it best? And which one should you choose? To give you some insight, let’s have a look at DOGE. Cryptocurrencies have taken the payments market by storm, giving users an alternative method of sending funds to individuals or companies within seconds. ![]()
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