#ELECTRUM DOGECOIN HOW TO#
#ELECTRUM DOGECOIN DRIVER#
#ELECTRUM DOGECOIN CODE#

However, some cryptocurrency exchanges do offer fiat pairs with DOGE. There are not many options to buy Dogecoin with USD directly.

#ELECTRUM DOGECOIN HOW TO#

Below, you’ll find instructions on how to buy Dogecoin with USD, how to buy Dogecoin with a credit card, and how to buy Dogecoin with PayPal. If want to get on this train and buy Dogecoin, you should go for Binance - one of the most reliable and secure cryptocurrency exchange platforms! It also supports fiat currencies, so it's one of the easiest ways to buy Dogecoin as well.īuying Dogecoin can be a bit tricky if you’re not used to buying cryptocurrency. However, now that Dogecoin's price has increased by more than 1000% this year, and more than 300% today, It definitely seems like one of the better future opportunity coins!

If you would have asked me if Dogecoin is a good purchase previously this year, I might say that just like other altcoins it can fluctuate in price unexpectedly and bring you quick earnings. Is Dogecoin a Future Coin?Īs with any asset, whether Doge is a future coin depends on when the person first bought Doge and when they decide to sell it.

#ELECTRUM DOGECOIN DRIVER#

These have included the 2014 Jamaican Bobsled team who couldn’t afford to get to the Sochi Winter Olympics, a Nascar driver named Josh Wise, and a clean water project in Kenya called Doge4Water. Since its creation, Doge has also been used to donate money to charities. This form of tipping has become Doge’s primary purpose. This community began to use the currency to tip other internet users for their content on forums such as Reddit. “Plz mine, v rich, very currency, wow, much coin, how money, so crypto”ĭespite starting as a joke currency, DOGE quickly developed a strong community around it. Examples of this text can be seen around the dog pictured in the Dogecoin logo: The meme had a picture of one of these dogs with multicolored, comic sans (the font) text written in a kind of broken English. The original meme featured a Shiba Inu dog ( the smallest breed of dog from Japan). The name itself is taken from a popular early internet “ meme”. These two founders have since left the project. It started in 2013 and was created by Billy Markus and Jackson Palmer. What is Dogecoin’s Purpose?Īs you can probably tell from the logo pictured above, Dogecoin was originally created as a bit of a joke currency. The difference is that CPUs (the chips in normal computers) can still mine Dogecoin.

These systems are known as Application-Specific Integrated Circuits or “ASICs”, for short. Only specialized computer systems that have been designed for crypto mining can profitably mine Bitcoin these days. All you really need to know is that regular computers can mine Dogecoin. It’s a little confusing and much too technical for this article. This is used the same way as BTC is used for Bitcoin and ETH is used for Ethereum’s native currency, Ether.įinally, Dogecoin uses different coding for its miners. Note: When you see Dogecoin listed at exchanges, it often uses the “ticker” DOGE. If you decide to do that, you should visit Binance for the easiest and quickest way to buy Dogecoin.

That said, it might be one of those rare opportunities when you could multiply your earning in only one day. A few days back, Dogecoin has reached its all-time high and increased it by more than 300%. Another difference is that there is no ultimate limit on how many Dogecoins will be created. At the time I’m writing this article, there is more than 128 billion DOGE and maybe in the end, you'll buy Dogecoin. However, there are some important differences.įirstly, there are lots more Dogecoin than there are Bitcoin. If you already know a little bit about Bitcoin, you’ll probably notice that Dogecoin’s description is a lot like Bitcoin. Peer-to-peer currency: Sending and receiving coins doesn’t need a central server or authority to work currency.Decentralized: Its blockchain, or database, exists on many computers around the world.

#ELECTRUM DOGECOIN CODE#

Open source: The code is freely available for any programmer to change themselves.

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