What is Dogecoin
Dogecoin is a decentralised cryptocurrency that was introduced as a joke currency in December 2013. It didn’t have much value but because of its unusual appeal, it gained a lot of traction and become one the most popular cryptocurrencies.
Dogecoin is a decentralised cryptocurrency that was introduced as a joke currency in December 2013. It didn’t have much value at the time but because of its unusual appeal, it gained a lot of traction and became one the most popular cryptocurrencies. Dogecoin was created by Billy Markus from Portland, Oregon as an “joke currency” to raise money for his dog Jackson’s medical bills during his treatment for cancer. Due to its popularity among the community, the coin has seen significant changes since then and made it one of the top 10
Dogecoin is a type of cryptocurrency that was created from a meme. It has gained popularity as a fun way to pay for goods and services online. There are more than 100 billion dogecoins in circulation, and the price of 1 dogecoin is around $0.20382 USD.
Dogecoin is very popular among the crypto community because it was created as a joke on the internet, but it has grown into something bigger.
Dogecoin was originally called “doge” because of its Shiba Inu-like design on its logo drawn by John Law who is an artist from Ottawa, Canada. Dogecoin is an open source peer-to-peer digital currency started on December 6th, 2013, and based on the popular Doge internet meme. It features such innovations as coin tipping and an energy efficient mining algorithm.
Dogecoin is a cryptocurrency with a very “friendly” and fun name. It is very easy to mine and the main goal of the coin was to raise funds for those who need it.
Dogecoin is a cryptocurrency with a “friendly” and fun name. It’s easy to mine and has an incredibly low entry barrier for new investors, which makes it very accessible on the whole. Dogecoin was originally created as a joke but quickly gained large attention in 2014, when its price massively increased due to wide community support and large investments from Chinese investors.
Dogecoin is a digital currency which was based on an internet meme. It has a lot of similarities to Bitcoin, the first cryptocurrency. The biggest difference between the two is that Dogecoin uses Scrypt algorithm instead of SHA256 for mining.
Dogecoin is one of the most popular cryptocurrencies in the market with a market capitalization of over $500 million as at December 2017. It mainly serves as an alternative cryptocurrency to Bitcoin for people who are new to crypto or want something that is more friendly and less technical than Bitcoin. The main use for dogecoin is to provide people with an easy way to transfer funds online. There are also many other transactions that can be done with dogecoins such as sending and receiving gifts and donations, fundraising campaigns, and charitable donations among others.
Where and How to Buy Dogecoin (DOGE) in the UK
- Sign up to an exchange which trades Dogecoin (DOGE)
- Fund it with cryptocurrency
- Trade your crypto for Dogecoin (DOGE)
Sign up to an Exchange
We recommend Binance? This for a number of reasons
Binance is a top-tier cryptocurrency exchange platform that offers a wide range of security features, fast speed, and low fees.
Binance was founded in China but after moving to Malta in July 2017 it gained instant popularity.
Currently, the Binance cryptocurrency exchange platform has over 2 million registered users from all around the world.
We recommend Binance because it is a high-quality exchange where you can trade with minimal inconvenience. It is also one of the cheapest exchanges in the market and they have a wide range of available cryptocurrencies.
We recommend Binance for these reasons:
– High quality: Binance has an amazing selection of coins and offers low fees on withdrawals and deposits
– Low fees: Binance offers low fees on both deposits and withdrawals. The best part about their low fees is that it doesn’t depend on time and you can always get your XRP or BTC into your wallet with minimal hassle
– Wide range of available cryptocurrencies: Binance provides support for more than 100 cryptocurrencies, which means you do not have to worry about availability in case you need to buy anything unusual
We recommend Binance because of its low trading fees, vast selection of coins, high liquidity, and high security.
The reasons are diverse but the most important one is that it has a plethora of different coin options to choose from.
Binance offers many coins which are popular in the cryptocurrency world. It also has lower fees than other exchanges which makes it easier for traders to have funds in their wallet without worrying about losing any money due to small losses.
Fund your Binance account
Now you need to transfer BTC in order to trade Dogecoin (DOGE) with it.
It’s really easy to buy BTC with your debit card on binance.
You can transfer your funds from your bank account or use our other options to make the process easier for you.
You can also setup recurring orders! which is another great option for Binance which other platforms don’t offer. In order to make it easier for customers to set up recurring orders on Binance, the company released an official guideline which makes it clear.
Trade your BTC for Dogecoin (DOGE)
We now need to get into our trading section of the guide.
To do this follow the above picture and click on Classic!
Now we have to find the correct pair BTC/ Dogecoin (DOGE)
Now type Dogecoin (DOGE) in the top corner like i did.
If you are new to the market, the stock market can be a confusing place. Let’s break down some of the most basic terms you need to know in order to get started.
– Market order: this order type is executed immediately. This means that your trade will execute as soon as possible and the price of the trade will not change.
– Limit order: this order type is put in place so that your trade executes for a specific price and does not execute until it reaches that specified price.
Why is dogecoin a good investment
Dogecoin is a cryptocurrency that was made for fun and its value has been increasing steadily. The currency started out as an inside joke currency but now, it is one of the most popular cryptocurrencies in the world. There are many reasons why someone would want to invest in dogecoin and many people believe that there will be more demand for this currency in the future.
Dogecoin is a cryptocurrency that was made for fun and its value has been increasing steadily. Dogecoin has come a long way from being an inside joke currency to one of the most popular cryptocurrencies in the world.
The future of cryptocurrency looks quite bright for dogecoin due to its huge rise in value over the past year. This is a result from its increasing popularity, which has been attributed to its fun meme culture and user-friendly interface.
How much will Dogecoin be worth in 5 years?
What do the Dogecoin price predictions from Wallet Investor have to say about the value of DOGE? This report of technical analysis shows that the value is expected to skyrocket over time with a good ROI. In 5 years, you could amass 86% gain your investment by exchanging your USD into DOGE.
Can Dogecoin reach $1?
Though say it might not be the most secure or sustainable investment,. It definitely has a chance to get to $1 dollar in the next bull market
Can Dogecoin hit $10?
With more than 5,000% return so far, you might be wondering how much more of a climb it’ll take for DOGE to hit $10 . It could seem like a non-issue considering BTC enjoys a trillion dollar market cap and is near the all-time-high.
DOGE, however, is hardly a standalone coin with its own advantages over other cryptos. Some of the other cryptocurrencies boast these real-world industry solutions that allow them to be used by enterprises and institutions.
Is Dogecoin worth buying?
Well, dogecoin isn’t a good investment in any traditional sense of good investing, but that doesn’t mean it can make you a lot of money
You might be asking yourself, “how much Dogecoin should I buy?” Well, depending on the answers you get from different sources, it might be a good idea to step in. But we think it is a good choice!
Does Dogecoin have a future?
The panel predicts that 1 dogecoin will equal 42 cents by the end of 2021 and will go up to 3.6 dollars by 2025.
Though the experts are starkly divided, some think that the meme-based cryptocurrency will soon crash to zero once everyone realizes that they can’t actually get anything for it. Others predict that it will reach $10 per dogecoin before the big bubble bursts.