Millions choose OVEX to buy Dogecoin.
What is Dogecoin (DOGE)?
Dogecoin (DOGE) holds the distinction of being the first-ever memecoin, emerging in 2013 as a lighthearted parody of the burgeoning cryptocurrency scene. Its name and iconic Shiba Inu logo are a nod to the popular "doge" meme.
Unlike Bitcoin, with its focus on scarcity, Dogecoin is intentionally abundant. New coins are continuously minted, with no maximum supply, creating a stark contrast to the traditional crypto model.
Despite its playful origins, Dogecoin has amassed a dedicated community of enthusiasts and a surprising market cap (currently at $19.48B). This unexpected popularity has led to several key use cases:
- Tipping: Dogecoin serves as a popular online tipping system within communities like the Dogecoin Reddit forum. This fosters a friendly and supportive atmosphere, contributing to its positive reputation.
- Trading: Dogecoin's listing on various exchanges allows users to trade it for other cryptocurrencies, making it a convenient medium for navigating the crypto market.
While Dogecoin may have started as a lighthearted jab, its enduring presence and community engagement have cemented its place in the crypto landscape.
How to Buy Dogecoin (DOGE):
STEP 1: Create your free OVEX account
Create and verify your OVEX account in minutes.
STEP 2: Connect a funding method
Fund your account with your local currency.
STEP 3: Complete your Dogecoin purchase
Buy DOGE with as little as $10.
STEP 4: Store or use your Dogecoin on OVEX
Now that you have bought Dogecoin you can store it in your OVEX wallet indefinitely. Alternatively you can trade it for a plethora of other currencies available on the OVEX exchange.