What is Dogecoin?

Dogecoin is one of the first altcoins and was created as a fast and instant payment system based on the Litecoin blockchain architecture. The idea behind the project was to create a fun and easy-to-use alternative to Litecoin (itself an alternative to Bitcoin), driven by a strong user community.

DOGE has become the most popular cryptocurrency on the market, primarily due to its accessibility on social media and to large demographics around the world. Famous tech entrepreneur Elon Musk is a big fan of Dogecoin. The Tesla and SpaceX founder has tweeted regularly about DOGE over the years, saying he will always support the DOGE project.

How Does Dogecoin Work?

Like Bitcoin and Ethereum, Dogecoin uses blockchain technology. This decentralized ledger records all digital currency transactions that take place using a distributed and secure ledger.

The Dogecoin blockchain is a decentralized database where transactions are recorded by people known as miners, through solving complex mathematical problems using computers. Miners earn additional Dogecoin by supporting the blockchain ledger and transactions. These earned Dogecoins are held or sold by sending them to exchanges.

How to Buy Dogecoin?

In ICRYPEX, you can start evaluating the DOGE in USDT and TRY trading pairs with quick and easy membership. Here are some steps to take:

• Complete the standard KYC process.
• You will be asked to add Turkish Lira or USD balance to your ICRYPEX account with a payment method.
• You can choose credit/debit card or bank transfer, and trade DOGE/TRY or DOGE/USD pair options.

  You can quickly and safely trade Dogecoin (DOGE) and get help anytime from Customer Service available 24/7 and ask for daily and weekly-based analysis.