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What is Dogecoin (DOGE)?

Dogecoin (DOGE) is the original meme crypto.

Like Bitcoin and other cryptocurrencies, DOGE is an open-source, peer-to-peer digital currency. Created in 2013 based on the viral “doge” meme, Dogecoin is often used on platforms like Reddit and Twitter to reward users for valuable content.

What started as a “joke” poking fun at the wild speculation surrounding crypto, has developed into a massively successful cryptocurrency. Dogecoin’s code is forked from Litecoin (LTC), but DOGE takes just 1 minute to confirm, whereas LTC takes 2.5 minutes.

Like Bitcoin and other cryptocurrencies, Dogecoin can be bought and sold on various online exchanges, such as Coinbase or Binance. People can buy Dogecoin using other cryptocurrencies, such as Bitcoin, or fiat currencies, like the US dollar, by trading them on these exchanges. Just like with buying Bitcoin, people can buy Dogecoin by opening an account on a cryptocurrency exchange, funding their account, and placing a buy order for Dogecoin.

How Do I buy Dogecoin?

One of the easiest ways to buy Dogecoin, or any other cryptocurrency, is through a cryptocurrency exchange platform. 

Buying Dogecoin has never been easier. With Coinmama, you can buy DOGE from the comfort of your home or even via your phone while you are on the go! Our industry-leading customer service is available 24/7 to make your purchase simple, smooth, and secure. 

It is important to note that buying crypto can be risky, as the prices of cryptocurrencies are highly volatile and subject to rapid fluctuations. It is recommended that people do their own research and understand the risks involved before investing in Dogecoin or any other cryptocurrency. It is also advisable to only invest what one can afford to lose.

So, what are you waiting for? 

Explore additional cryptocurrencies like Bitcoin, Litecoin, Compound, and many more!