Dogecoin, the new cryptocurrency that has swept the digital money scene. Suppose you want to know how to buy dogecoin (DOGE) and where this guide is perfect for you! We will show you which exchanges house Dogecoin and how to use them.
The most well-known virtual currency is Bitcoin, although many others have made their entrance; Dogecoin is one of them.
Created in December 2013, it was inspired by a meme known as Doge and has managed to amass a huge community over the Internet (Reddit). Without further ado, let’s get right into the process of how to buy DOGE. It is always good for any buyer to understand the buying process of a dogecoin.
Dogecoin is a cryptocurrency that was created as a charity for an internet joke. It quickly gained fans and became the most well-known parody currency – or rather – non-pareil currency. When we say Doge, we think of the ShibaInu dog, which has become a popular emoji used in hashtags on social media. The name comes from the same dog and sounds like “douche” when said aloud.
Dogecoin has several unique features, such as its own language (Unicode) and algorithm (Scrypt), which is why Litecoin should not be mined using GPUs designed for mining other cryptocurrencies based on Scrypt.
It promises to become a precious currency someday because it is straightforward and accessible. Also, it can be used anywhere that regular Dogecoins are accepted as payment. The only problem with cryptocurrencies such as Dogecoin and Litecoin is scalability because they have a block generation time of 2 minutes, making them too slow to process many transactions in a short timescale.
If you want to get your hands on some dogecoins, the easiest way would be to buy them from an exchange. This article will show you how to buy DogeCoin in under 15 minutes.