DOGECOIN is available on YmplePay

What Is Dogecoin (DOGE)?

Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency. It is considered an altcoin and was launched in December 2013 with the image of a Shiba Inu dog as its logo. Dogecoin’s blockchain has merit with its underlying technology derived from Litecoin. Notable features of Dogecoin, which uses a scrypt algorithm, are its low price and unlimited supply.

Understanding Dogecoin

Dogecoin began as a whim but quickly gained a following. By late 2017, it was participating in the cryptocurrency bubble that increased digital coin value significantly.1

With losses in 2018, Dogecoin lost much of its value but continues to have a core of supporters who trade it and use it to tip for content on Twitter and Reddit.2

Users can buy and sell Dogecoin on digital currency exchanges. They can opt to store their Dogecoin on an exchange or in a Dogecoin wallet.

Use Dogecoin on YmplePay

Dogecoin is now available as a payment method on the platform YmplePay. It means that you can request payment to your customer and be paid with Dogecoin. Here is a sample of payment request:

Checkout with Dogecoin

The effective payment with Dogecoin is done via the YmplePay protocol to verify the effective token payment. Now it supports Dogecoin on the BNB chain. It means the checkout is supported for the majority of wallet ( Coinbase, Metamask, Coin.com and other main players)