When you use our platform, you get significant benefits that make your experience even more pleasant:. Dogecoin is a cryptocurrency used mostly to tip Reddit and Twitter users. Bitcoin is one of the major cryptocurrencies in the crypto-marked. You can always check it on our website. Our live calculator is also at your disposal. It depends on the exchange platform used by LetsExchange to process your transaction request. The platform is selected automatically for each trade to ensure the best exchange rate on the market.
About Bitcoin BTC. Circulating supply:. Max supply:. Volume 24h:. In the top dropdown, choose the coin to sell DOGE. Type in the amount that you are going to exchange. In the lower dropdown, choose the coin to buy Bitcoin. Deposit the funds in Dogecoin to create an order.
Bitcoin Bitcoin is one of the most successful cryptocurrencies for now. Dogecoin Dogecoin is the most unique cryptocurrency. To start with, it was launched as a joke. Type in the amount that you want to swap. Choose the coin to buy Bitcoin in the lower dropdown. Deposit the needed amount of Dogecoins. An order will be created, our tool will find the best deal, and the transaction will be executed.
You get your funds to your wallet. When you use our platform, you get significant benefits that make your experience even more pleasant: You perform all transactions instantly when you decide to do so. No registration or verification is needed. You get all the information about the transaction in a receipt — you can receive it in your mail. The website is protected by an SSL certificate.
Whatever data you provide online, you can be confident that it is absolutely safe. A transaction can be reversed, and the funds can be returned to your account under specific circumstances. All the coins on our platform are validated. Thus, your order will be completed successfully. Our customer support is fast and efficient. Contact our support agents whenever a question or an issue arises. Why LetsExchange. Palmer is credited with making the idea a reality.
At the time, he was a member of the Adobe Systems marketing department in Sydney. Markus reached out to Palmer after seeing the site, and started efforts to develop the currency. Markus had designed Dogecoin's protocol based on existing cryptocurrencies Luckycoin and Litecoin ,  which use scrypt technology in their proof-of-work algorithm. This growth occurred during a time when bitcoin and many other cryptocurrencies were reeling from China's decision to forbid Chinese banks from investing into the bitcoin economy.
On December 25, , the first major theft of Dogecoin occurred when millions of coins were stolen during a hack on the online cryptocurrency wallet platform Dogewallet. To help those who lost funds on Dogewallet after its breach, the Dogecoin community started an initiative named "SaveDogemas" to help donate coins to those who had them stolen. Approximately one month later, enough money was donated to cover all of the coins that were stolen.
In January , the trading volume of Dogecoin briefly surpassed that of Bitcoin and all other cryptocurrencies combined. However, its market capitalization remained substantially behind that of Bitcoin. Initially, Dogecoin featured a randomized reward that is received for each mining block.
However, in March , this behaviour was later updated to a static block reward. Co-founder Jackson Palmer left the cryptocurrency community in and has no plans to return, having come to the belief that cryptocurrency, originally conceived as a libertarian alternative to money, is fundamentally exploitative and built to enrich its top proponents. His co-founder, Billy Markus, agreed that Palmer's position was generally valid. In April , Dogecoin and other cryptocurrencies surged, stimulated in part by the direct listing for cryptocurrency exchange Coinbase on April 14, although that platform did not provide trading of Dogecoin.
On May 9, , SpaceX announced a rideshare mission to the Moon completely funded by Dogecoin, thus becoming the first space mission funded by a cryptocurrency. Elon Musk confirmed this news via Twitter. On August 14, , the Dogecoin Foundation announced the "re-establishment of the Dogecoin Foundation est , with a renewed focus on supporting the Dogecoin Ecosystem, Community and promoting the future of the Dogecoin Blockchain.
Dogecoin is an altcoin [b] with a large userbase, and is traded against both fiat currencies and other cryptocurrencies on several reputable cryptocurrency exchanges and retail investment platforms. Trading physical, tangible items in exchange for DOGE takes place on online communities such as Reddit and Twitter, where users in such circles frequently share cryptocurrency-related information. Dogecoin has also been used in an attempted property sale,  and has been used in the pornography  and gambling [c] industries.
One major mainstream commercial application of the cryptocurrency has been Internet-based tipping systems, in which social media users tip other users for providing interesting or noteworthy content. Dogetipbot was a cryptocurrency transaction service used on popular sites like Reddit and Twitch.
It allowed users to send Dogecoins to other users through commands via Reddit comments. In May , Dogetipbot was discontinued and taken offline after its creator declared bankruptcy; this left many Dogetipbot users losing their coins stored in the Dogetipbot system. DeFi decentralized finance is a form of finance that does not rely on middlemen such as brokerages , exchanges , or banks to offer financial instruments.
While Dogecoin cannot interact with smart contracts directly given that it operates on its own chain, the coins can be "wrapped" so that they can be locked into a state that is interoperable with a contract until it is later released. Most DeFi coins use the Ethereum blockchain network. An example of a Dexs is Uniswap ; these are entirely peer-to-peer exchanges, without any company or other institution providing the platform. Dogecoin started with a supply limit of billion coins, which would have been far more coins than the top digital currencies were then allowing.
By mid the billionth Dogecoin had been mined with an additional 5 billion coins put into circulation every year thereafter. Although there is no theoretical supply limit, at this rate, the number of Dogecoins put into circulation will only double in 20 years the next doubling will occur in the year There is no implemented hard cap on the total supply of Dogecoins.
Nonetheless, in February , Dogecoin founder Jackson Palmer announced that the limit would be removed in an effort to create a consistent reduction of its inflation rate over time. Dogecoin's implementation differs from Litecoin of which its code is fork ed by several parameters.
Dogecoin's block time is 1 minute as opposed to Litecoin's 2. Several cases of people using their employers' or universities' computers to mine Dogecoin have been discovered. The Dogecoin community and foundation have encouraged fundraising for charities and other notable causes. Inspired by the Winter Olympics fundraiser and smaller charity fundraising successes, the Dogecoin Foundation, led by Eric Nakagawa , began collecting donations to build a well in the Tana river basin in Kenya in cooperation with Charity: Water.
The campaign succeeded, collecting donations from more than 4, donors, including one anonymous benefactor who donated 14,, Dogecoin approx. On March 25, , the Dogecoin community successfully raised Nicknamed the "Moonrocket",  the No. He finished the race in fifteenth, the last car running. McLeod Motorsports announced that Dogecoin would be sponsoring the No. Coincidentally, his father Phil was the owner of the team that fielded the original Dogecoin-sponsored car in Dogecoin's origin as a "joke", which makes it the first meme coin , has made it difficult to be taken seriously by mainstream media and financial experts.
Critics allege that Dogecoin investors who purchased Dogecoins early on, have a large financial incentive to draw others into purchasing more Dogecoins in order to drive the price up, therefore benefitting the early investors financially at the direct expense of later purchasers.
While the price of Dogecoin is volatile, this volatility has its benefits. It allows cryptocurrency day-traders , those being traders who enter and exit a trade within one day, to trade off this volatility and benefit from the extreme swings in Dogecoin's value.
Dogecoin uses relatively little energy for transactions compared with some other cryptocurrencies 0. There is no uncertainty as to the amount of created and it's inflation percentage. Which could allow it to grow as a valid payment mechanism. The unknown is whether enough people will use it this way. Elon Musk frequently uses his Twitter platform to express his views on Dogecoin, which has led some to claim that his actions amount to market manipulation  because the price of Dogecoin frequently experiences price movements shortly after Dogecoin-related tweets released by Elon Musk.
Nevertheless, because cryptocurrencies are not regulated like stocks, these actions are not illegal. Musk's first Dogecoin-related tweet occurred on December 20, Musk tweeted 'One Word: Doge'. This was followed by a series of Dogecoin-related tweets by Musk in early February captioned 'Dogecoin is the people's crypto' and 'no highs, no lows, only Doge'.
From Wikipedia, the free encyclopedia. November 27, The Daily Dot. April 24, Archived from the original on December 22, Retrieved December 21, Just Ask Doge". The New York Times. ISSN Archived from the original on October 3, Retrieved October 3, Accessed December 28, Dogecoin is the most Internet thing to happen, ever". Digital Trends. Archived from the original on December 14, Retrieved December 12, Sydney Morning Herald. Archived from the original on March 31, Retrieved April 5, August 16, Retrieved August 18, Australian Broadcasting Corporation.
May 9, Retrieved May 10, Retrieved November 28, February 11, Retrieved February 12, Vice Media. Retrieved December 23, Junkee Media. Retrieved January 12, Jackson Palmer accidentally invented Dogecoin in early December Business Insider. Archived from the original on December 20, Retrieved December 19, International Business Times.
Archived from the original on September 6, Retrieved December 20, December 10, Archived from the original on February 21, Retrieved February 16, Archived from the original on January 23, Retrieved December 10, February 5, Archived from the original on September 21, Retrieved September 21, DogeCoin fetches percent jump in value in 24 hours".
Archived from the original on December 19, Archived from the original on December 23, Retrieved December 22, Archived from the original on December 26, Retrieved December 26, Many Dogecoin. Very Disappear.
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Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a "joke", making fun of the wild speculation in cryptocurrencies at the time. It is considered both the first. Dogecoin Price. +%. 24h High. 24h Low. 24h Volume. (DOGE). M. 24h Volume. (BTC). Find the latest Dogecoin BTC (DOGE-BTC) price quote, history, news and other vital information to help you with your cryptocurrency trading and investing.