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What can you do with Dogecoin?
Store/Hold Dogecoin
Many users hold on to their Dogecoin with the expectation of it increasing in value. You can store your DOGE safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Dogecoin
You can trade Dogecoin for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Dogecoin trading to meet your needs.
Send Dogecoin
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Dogecoin online and send to anyone and anywhere with their Dogecoin address.
Spend Dogecoin
You can also buy goods and services with your Dogecoin. More and more vendors and retailers accept Dogecoin every day.
Donate Dogecoin
Bitget Charity accepts Dogecoin donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Dogecoin so no one misses out on the growth made possible by blockchain.
Learn More About Dogecoin
You can read more in-depth articles on Dogecoin from Bitget Research and study how cryptocurrencies like Dogecoin work on Bitget Academy
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What is Dogecoin (DOGE)?
Dogecoin is a public cryptocurrency that was created as a lighthearted joke poking fun at the crypto speculation by software engineers Billy Marcus and Jackson Palmer. Launched in 2013, it is considered as the first "memecoin" in the world. Unlike other altcoins that are designed to be scarce and to have its value increase over time, there are 10,000 Dogecoin mined every minute and the memecoin does not have a maximum total supply.
Despite the fun-loving origin, Dogecoin, ironically, has a lot more use cases than the majority of crypto. Besides being accepted as a method of payment in places around the world, it is predominantly used as tips for online content creators and as donations for charities. For example, in 2014 alone, the Dogecoin community joined hands to help Jamaica's national bobsled team join the Olympics, build a well in Kenya, and sponsor a NASCAR driver.
Dogecoin gained notable increases in popularity and value after Elon Musk repeatedly tweeted about the coin on his personal account and had plans to use DOGE to pay for a mission of SpaceX.
How Dogecoin (DOGE) Works
Dogecoin has its own blockchain. It is a fork of Litecoin and therefore uses the same Scrypt mining algorithm and Proof-of-Work consensus mechanism. DOGE miners need to use computers to solve complex mathematical puzzles to validate and record transactions on the blockchain in exchange for DOGE as rewards.
How Many DOGE Tokens Are in Circulation?
DOGE is an inherent inflationary token because there is no hard cap to its total supply and 10,000 coins are released every minute. Currently, 132.67 billion Dogecoins are in circulation.
How to Buy Dogecoin (DOGE)
If you're interested in becoming a part of the Dogecoin ecosystem, one of the first steps you can take is to purchase crypto. There are various ways to do so, such as instantly buying crypto with credit/debit cards , via bank transfer, via peer-to-peer transactions, or even in-person purchases. Alternatively, you can deposit funds into your Bitget account and use them to purchase cryptocurrencies, including DOGE.
Once you have DOGE, you can use it for a variety of purposes, including crypto purchases, investment, or even as a means of transferring value across borders without the need for traditional financial institutions.
Consider investing in Dogecoin (DOGE)? It only takes 2 minutes to create an account on Bitget and start trading DOGE.
Check out the available DOGE trading pairs on Bitget!
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Dogecoin Resources
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