What Is Dogecoin Coin

Introduction

Dogecoin is a digital currency that is decentralized and considered to be very secure.

The Dogecoin Coin is used spil a cryptocurrency mainly ter the private sector, but also ter some online shops.

What distinguishes the Dogecoin Coin from other cryptocurrencies is its social purpose: for example, the websites “Reddit” and “Twitter” use Dogecoin Coins to voorstelling users a high regard for successful comments or contributions.

It is precisely this media presence that has made Dogecoin Coin very well-known and is now traded daily at USD 16,311,100.

Dogecoin Coin – The Cryptocurrency

The total market volume of the Dogecoin Coin is USD 287 million and the price is USD 0.002 (spil of December 5th 2018).

Dogecoin Coin is one of the ten largest cryptocurrencies everzwijn. The fact that the share price is so low and the market volume is substantial, on the other mitt, makes it clear how many Dogecoin coins are traded daily.

This is due ter particular to the social character of the cryptocurrency compared to other cryptocurrencies.

Private transactions among each other are one function of the dogecoin coins, but they can also be used spil payment methods ter online shops.

For example, bitcoins can also be purchased by Dogecoin Coins. By serving spil a means of appreciation te social networks, the developers of the currency have created a niche among the cryptocurrencies.

The concept behind Dogecoin Coin is very user-friendly. With very little effort, the user can create an eWallet and explosion it with the purchased Dogecoin coins.

This digital wallet is available to users at any time on their rekentuig, smartphone or other portable devices.

Dogecoin Coin – The Company

Originally, Dogecoin wasgoed developed spil a parody of the Bitcoin te 2013 and wasgoed launched on the market.

The cryptocurrency wasgoed invented by programmer Billy Markus and marketing pro Jackson Palmer and has undergone a very rapid development.

The two founders used the social networks and their fast-paced lifestyles to establish their product on the market.

At about the same time, the Internet phenomenon “Doge” circulated. A so-called “meme”, which shows the head of a dog of the breedgeschouderd Shiba Inu and is titled with humorous sentences.

This resulted ter the name Dogecoin. The fact that the resonance of Dogecoin wasgoed enhanced te this way, even tho’ it wasgoed only a gag at the beginning, is due te particular to the social character of the currency.

Dodgecoin coins are not only used spil a “tip” on social platforms but have also bot donated spil part of some major charity events, Dogecoin coins, which has significantly intensified the public concentrate on the currency.

Conclusion

Dogecoin is a product of the Internet age. With the wit and charm behind the story of Dogecoin Coins, the developers have created a concept for success.

Because Dogecoin can be traded very lightly and anonymously, and because it is a very feeble currency, it is used by millions of private users every day for social and charitable purposes.

Through this concept, Dogecoin has acquired a unique but also the very strong position ter the financial market.

Our recommendation is always check if Coinbase is available for your country and buy there – spil it is by far the safest and best regulated bitcoin exchange. Coinbase is legit and secure place to buy BTC.

If your country is not available on Coinbase – check for exchanges that are good Coinbase alternatives (such spil Cexio and Indacoin – see here Indacoin review) and buy BTC on one of those exchanges. You can always exchange your coins on Changelly (see if Changelly is safe and legit), instantly and directly to BTC.

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