What is Dogecoin (DOGE)?
Konstantin avatar
Written by Konstantin
Updated over a week ago

Dogecoin is an open-source digital currency that uses a proof-of-work protocol, has a block time of 1 minute and no limit to the number of DOGE that can be mined. As a fork of Litecoin, you can merge-mine the two simultaneously.

Perhaps the most famous meme cryptocurrency, DOGE was born in 2013 for a bit of laugh and quickly gathered a loyal fun-loving fanbase. The coin is mainly used for tipping on platforms like Twitter and Reddit.

Check out this article to choose the most convenient way to buy cryptocurrencies, including DOGE.

Important: please note that DOGE deposits and withdrawals are currently not supported. You can buy, exchange and store DOGE. If you'd like to receive or send it, you'll have to first exchange it for a currency which supports crypto deposits and withdrawals – you can always check with the list in this article.

NB: DOGE cannot be withdrawn to external wallets, nor can they be deposited from external wallets.

Here’s what you can do with them:

Choose your champion or buy them all on Cryptopay!

In compliance with the Financial Promotion Act which came into force on 8 October, 2023, at 8 AM UTC, some account functionality is temporarily limited for the Cryptopay customers with verified UK residency.
Check what services are available: Service availability in the UK

The world of crypto is vast and intricate - if you feel overwhelmed, check out Cryptopay Learn. It is a perfect place to start for beginners trying to understand the basics of crypto. For more experienced crypto enthusiasts, this is also an excellent opportunity to brush up on their knowledge. The more you learn, the more you earn!

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