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doge
Dogecoin is a cryptocurrency created in 2013, inspired by a popular internet meme featuring a Shiba Inu dog with funny captions. It started as a joke by Dogecoin co-founder Billy Markus and Jackson Palmer, but it quickly gained attention as a fun and accessible digital currency.
This coin is available on Newton.
Dogecoin operates using blockchain technology, which records transactions securely and transparently across a decentralized network. This makes it reliable despite its lighthearted origins.
Unlike other cryptocurrencies, Dogecoin has no maximum supply, meaning many Dogecoin are constantly being mined and circulated. This inflationary model encourages spending rather than holding for long-term gains.
It became famous for tipping creators online, making charitable donations, and even funding wild projects like sending a satellite to the moon. Its simplicity and low fees have made it a favorite for casual crypto users.
Over the years, Dogecoin surged in popularity thanks to high-profile endorsements from people like Elon Musk and Vivek Ramaswamy. The coin became a cultural phenomenon, proving that something based on a popular meme can still find serious use cases.
Dogecoin works through blockchain technology, where every transaction is securely recorded on a decentralized ledger. It uses Dogecoin mining to verify these transactions, relying on miners who solve complex puzzles to add new blocks to the chain.
Dogecoin mining is faster and less resource-intensive than Bitcoin, allowing it to process transactions quickly and with low fees. This makes it a practical option for small, everyday payments.
Since Dogecoin was created with an unlimited supply, miners continually produce new coins to replace those lost in circulation. This steady flow of coins keeps Dogecoin volumes high and the network active.
Miners play a key role in maintaining the system, earning Dogecoin as a reward for their work. This incentive ensures the blockchain stays secure and efficient.
Thanks to its straightforward technology, Dogecoin has become a gateway for beginners to explore cryptocurrency. Its accessible nature and fast transactions have contributed to its ongoing success.
Dogecoin is a peer-to-peer digital currency that was originally created as a joke but has since gained a strong following.
Dogecoin operates on its blockchain and utilizes a fast, efficient consensus mechanism for transactions.
Dogecoin stands out due to its origins based on a meme, its enthusiastic community, and its continuous supply model.
Dogecoin is used for a variety of peer-to-peer transactions, making it a versatile digital asset.
Dogecoin started as a playful way to tip creators online, rewarding people for funny posts or good deeds. This tradition continues, with Dogecoin being widely used for microtransactions on social platforms.
The coin has been involved in charitable events, like raising money for water projects and sponsoring athletes, showcasing its ability to bring communities together. Its popularity has made it a go-to currency for grassroots fundraising.
Businesses are beginning to accept Dogecoin for payments, leveraging its low fees and fast transaction times. While it’s not as mainstream as Bitcoin, Dogecoin volumes show its growing acceptance for niche services.
Dogecoin has also jumped into gaming and experimental decentralized finance, where users can earn or spend Dogecoin in unique ways. These emerging applications highlight its adaptability.
The currency’s vibrant community, paired with endorsements from Elon Musk and founder Vitalik Buterin, ensures its potential continues to expand.
Dogecoin was created in December 2013 by Billy Markus and Jackson Palmer, with its design based on a popular meme featuring a Shiba Inu dog. Its lighthearted concept immediately resonated with online communities, helping Dogecoin volumes grow rapidly.
Dogecoin in early years was used for tipping and fun charitable events, like raising funds for the Jamaican Bobsled Team. These initiatives showed the power of Dogecoin to mobilize people for good causes.
Despite its fun origins, the project faced challenges when Dogecoin co-founder Jackson Palmer left Dogecoin, leaving the community to continue its development. This didn’t stop its momentum, as passionate users kept it alive.
In 2021, Dogecoin surged in popularity when Elon Musk and Vivek Ramaswamy publicly supported it, causing its price to hit an all-time high. This brought a new wave of investors and enthusiasts to the cryptocurrency.
Today, Dogecoin remains a symbol of the fun, community-driven side of blockchain technology. Its history proves that even a currency built on humor can achieve remarkable things.
Elon Musk has played a significant role in the popularity and promotion of Dogecoin through public endorsements.
The future of Dogecoin appears positive, with continued developments and growing mainstream adoption.
Dogecoin has a dedicated community that has significantly contributed to its growth and success.
You can store your Dogecoin securely in a wallet or on platforms like Newton. With billions of Dogecoins circulating, it's essential to keep your Doge safe as you track the value of Dogecoin in the cryptocurrency market.
Dogecoin is not stakeable because it operates on a Proof-of-Work (PoW) consensus mechanism, unlike many other cryptocurrencies that use Proof-of-Stake (PoS). This means Dogecoin relies on mining rather than staking to secure its network and validate transactions.
You can use Dogecoin at various merchants who accept it as payment, expanding the utility of Dogecoin as a cryptocurrency.
You can send Dogecoin quickly and securely to anyone with a Dogecoin wallet address using the peer-to-peer digital currency system. Whether sending to friends or making international transactions, Dogecoin’s blockchain ensures low fees and swift transfers.
Many charitable organizations now accept Dogecoin donations, allowing you to contribute to causes that align with your values. By donating Dogecoin you can support Dogecoin enthusiasts and help the Dogecoin Foundation.
Some Canadian cryptocurrency platforms make it simple to exchange Dogecoin for other digital assets, such as Bitcoin or Ethereum. These platforms enable smooth diversification, allowing users to trade DOGE alongside other widely used cryptocurrencies.
*Newton does not currently support staking, governance, interest-earning, or other utility functions, where applicable, for this asset.
While buying Dogecoin directly from individuals or unregulated sources is possible and can be easy, it carries significant risks. Without the security of a regulated platform, you might unknowingly deal with fraudulent sellers or unreliable platforms. It's crucial to be cautious when buying Dogecoin through these channels.
To buy Dogecoin safely and easily in Canada, you can use a regulated platform like Newton. You can fund your account through e-Transfer or wire transfer. In addition to Dogecoin, Newton offers access to 70+ other cryptocurrencies and provides real-time updates.
Newton offers competitive Dogecoin prices, making it a great choice for those looking to invest in Dogecoin. Whether you're into purchasing Dogecoin or watching its value grow, Newton makes it simple to get your hands on this popular cryptocurrency at favourable rates.
To enhance your account security, Newton provides features that allow you to approve and manage devices, monitor login activity, and set up an anti-phishing code to protect against fraud. Additionally, by enabling Multi-Factor Authentication, using the Security Checklist, and adding trusted contacts, you can further secure your account.
Newton makes it affordable to buy and sell Dogecoin, with a 1.50% - 1.60% fee. For more information about fees, see our Prices page. Newton covers up to $5 of network fees on your first daily withdrawal. For additional withdrawals, or if network fees exceed $5, the estimated network fee is confirmed prior to withdrawal.
Newton’s platform is fully accessible on desktop and mobile, allowing you to trade Dogecoin and manage your account from anywhere. Whether you're checking the price of Dogecoin, storing your Doge, or participating in a mining pool, Newton makes it easy to stay connected.
The Newton platform is designed to make trading Doge effortless for both beginners and experienced traders. Whether you're looking to mine Dogecoin, track Dogecoin's price, or simply purchase Dogecoin, Newton’s intuitive design ensures a seamless experience for everyone.
Newton is a trusted Canadian platform dedicated to supporting Dogecoin and other cryptocurrencies within the Canadian market. With a focus on Canadian customers, Newton provides a reliable and secure way to participate in the Dogecoin ecosystem, including mining, trading, and storing Dogecoin with ease.
The first thing you’ll need to do is create an account on Newton. Just enter your details, complete the verification process, and once you're all set up, you’ll be ready to buy Dogecoin and other cryptocurrencies.
Next, you’ll need to fund your account. You can easily do this using options like Interac e-Transfer or wire transfer. Newton makes it simple to deposit CAD, so you can get started with your crypto investments without any fuss.
Once your account is funded, you’re all good to go! Buying Dogecoin on Newton is super easy. Just watch the live price chart, and when you're ready, you can buy Dogecoin based on the current market trends.
Head to the list of cryptocurrencies on the platform and select Dogecoin. It’s a fun and popular digital asset, and you can buy it alongside other big names like Bitcoin and Ethereum.
Decide how much Dogecoin you want to buy—whether it's a small amount to get started or a larger investment based on your strategy. You can choose either in Dogecoin or CAD value, whatever works best for you.
Once you've reviewed everything, confirm your purchase, and boom! Your Dogecoin will be credited to your account. From there, you can keep it stored or transfer it as you start exploring all the possibilities with Dogecoin.
When using a personal wallet, you have full custody of your DOGE, but you're also solely responsible for keeping your private keys safe. While this offers greater control and privacy, it also means your funds are only as secure as your ability to protect those keys, which can leave them at risk if not handled carefully.
You can store your DOGE right in your Newton account! Newton offers enhanced security features such as multi-factor authentication, tracking login history, and an anti-phishing code, providing an extra layer of protection for your Dogecoin. It also allows you to manage trusted devices and designate a trusted contact, offering a more secure and user-friendly approach to safeguarding your assets.
Your security is important. Newton is committed to being a leader in compliance, security, and technical protocols.
For additional information and to review the risks associated with Dogecoin, please see our Asset Statement.
