Dogecoin cryptocurrency is derived from Litecoin. It is an interesting digital coin because it uses the character of a dog. It is an alternative cryptocurrency and it was created for reaching a larger demographic. It is as popular as the other currencies. It is still immature in comparison to the other alternative cryptocurrencies, which are already there for many years. It is a new digital currency that has been introduced in the year 2013, but it has outshined the other alternative currencies, which are in existence for a very long time period. It uses the crypto technology and the users can mine it without any dedicated mining equipment.
The network of DOGE produces a single block in just a minute. It is much faster than bitcoin or litecoin. Cryptocurrencies are the best solutions for making payments. Though it has not been introduced long back, yet it has been widely accepted by many online gambling sites. This gambling is new one but many players are experiencing playing at a dogecoin casino with this cryptocurrency. There are already many casinos, gambling platform, and poker sites that are completely powered by it. Additionally, it is one of the most widely accepted cryptocurrencies by many gambling sites that accept digital currencies to make payments.
Dogecoin benefits
It is based on blockchain technology, a decentralized ledger protocol that is used by many other cryptocurrencies. It gives Doge the advantages over a fiat currency. It is faster, cheaper, and much more efficient compared to other cryptocurrencies. It offers you complete privacy because of the pseudo-anonymous nature. One of the good things about this cryptocurrency casino, betting portal, and sportsbook is that you will not be asked for any private or sensitive information and you do not have to enter your email address as you can play using a temporary account. If you do not want to reveal your ID, then it the best option for you.
Most of these casinos offer provably fair to the players. Casinos use this system so that the players can prove that the game session was a fair one. When you use this system, the online casinos can demonstrate that the games were fair and the results were not altered. The casinos that offer this feature are trustworthy and there is a substitute for the safety of the players. The transaction fee is negligible. This cryptocurrency has the lowest transaction fee. Irrespective of the transaction size, you can expect the fee to be lesser than even 1%.
Where to buy Dogecoins?
There are not many places where you can buy a dogecoin with fiat so it is limited in that aspect. If you stay in Hong Kong or China, you may buy it from the traders of DOGE. The other exchanges sell DOGE for any other form of cryptocurrency, particularly Bitcoin. Some of the exchanges from where you can buy them are the following:
- com PayPal
- Poloniex debit card, credit card, BTC
- HitBTC, iDEAL, SEPA
- com
- Bank transfer, Bitcoin Indonesia BTC, debit and credit card
With the help of this cryptocurrency, you can gamble at a dogecoin casino easily.
Comments