Download XDEFI Wallet: the best Dogecoin wallet.
What is Dogecoin?
Dogecoin was released in December 2013 by Jackson Palmer and Billy Markus. Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency. It is considered an altcoin and an almost sarcastic meme coin. Dogecoin has the image of a Shiba Inu dog as its logo. While it was created seemingly as a joke, Dogecoin’s blockchain still has merit. Its underlying technology is derived from Litecoin. Notable features of Dogecoin, which uses a scrypt algorithm, are its low price and unlimited supply.
What are the core features of Dogecoin?
- Unlimited offer – Although the digital coin was initially restricted to a supply of 100 billion, this was later changed to an unlimited Dogecoin supply. This means that investors can purchase as many Dogecoins as they possibly can. In contrast, other popular cryptocurrencies like Bitcoin and Ethereum are only available infinite quantities.
- Community – Memes bring the world together like nothing else. Dogecoin has a strong Reddit family of more than 100,000 members, all of which are extremely welcoming and friendly. This makes it easier for newcomers to learn anything that they need to about the digital coin at zero cost and make new friends in the process.
What is the native token of Dogecoin and where can I buy it?
- The native token is Dogecoin (DOGE). It is needed to pay for gas fees for all transactions on the Dogecoin network.
- Since Dogecoin is one of the most recognised crypto (at the time of writing), It is listed on every centralised exchange. E.g., Binance, Coinbase, Robinhood, Kucoin, FTX exchange, OKEX, etc.
- To avoid using a CEX, utilise the cross-chain swap functionality within XDEFI Wallet or utilise THORChain interfaces to swap to Dogecoin (DOGE).
Where can I get a Dogecoin wallet?
XDEFI Wallet allows you to safely store, send, and swap Dogecoin (DOGE) tokens directly within the wallet.
XDEFI Wallet is multichain and supports more than 9000 tokens including Dogecoin (DOGE).
Download the XDEFI Wallet browser extension here.