Dogecoin Learn more about this cryptocurrency and how to invest Dogecoin entered the market as a Bitcoin joke, but it already has hundreds of thousands of enthusiasts around the world who are managing to profit from the cryptocurrency and we have tested the best and most trusted sites where you you can start trading today. Read on to learn more about Dogecoin. What is the origin of Dogecoin? Dogecoin's story is very interesting. Conceived as a joke, according to one of its creators, Dogecoin entered the communities to become an internet meme and a financial asset in cryptocurrency. Billy Markus, one of its developers, started working at Dogecoin in Portland, Oregon, and had no idea that his concept would evolve to become one of the most popular altcoins on the market.
Dogecoin was named “Doge”, due to a popular meme of a Japanese dog Shiba Inu that exploded on the internet during 2013. With thousands of users posting memes about Doge and Dogecoin on social networks like Reddit, it’s not hard to guess value went up so high, "popularity". After news of the United States stock car sponsorship, another major event changed the history of this altcoin when the Dogecoin community raised $ 25,000 to sponsor the Jamaican bobsled team for the winter Olympics in Sochi, Russia that same year, since they couldn't afford the trip to the competition. What is Dogecoin? Dogecoin is: Open source: The code is freely available to any programmer Decentralized: its blockchain, or database, exists on many computers around the world Point-to-point currency: sending and receiving coins does not need a server or central authority. If you already know a little about Bitcoin, you will probably notice that Dogecoin's description is very similar to Bitcoin. However, there are some important differences. Finally, Dogecoin uses different encoding in the mining process. It's a little complex, but all you really need to know is that ordinary computers can mine Dogecoin.
This is different compared to Bitcoin. Is it worth investing in Dogecoin? Dogecoin is very popular on the internet, the number of users keeps increasing steadily. Because of this, it can be expected that more and more exchanges like eToro will add DOGE to their list to satisfy the high demand for cryptocurrency. Take advantage of this opportunity and start investing in cryptocurrencies at our favorite broker today. How to buy Dogecoin? Buying Dogecoin can be a little tricky if you're not used to buying cryptocurrencies. There are a few ways to do this. First look for an exchange, register, send money to the platform and buy the cryptocurrency. How to invest in Dogecoin? Just like popular altcoins like Litecoin, Ethereum or Bitcoin Cash, you can buy Dogecoin on several online exchanges like Binance https://bit.ly/Comprar-CryptoBinance that offer DOGE / LTC, DOGE / BTC and other trading pairs .
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