What is Dogecoin?
Dogecoin is a crypto coin created by two software engineers, Billy Markus and Jackson Palmer, in 2013. Based on the Shiba Inu "doge" meme, Palmer sent out a tweet about creating a doge-themed cryptocurrency.
Markus saw Palmer's tweet and began developing Dogecoin independently. Dogecoin is a fork of Lucky Coin which is a fork of Bitcoin, so Dogecoin is based on the Bitcoin code, so it is not wrong to say that Dogecoin is based on the Bitcoin code.
How to Sell Dogecoin for Cash and Crypto?
To sell Dogecoin, one must first obtain Dogecoin. Investing in Dogecoin requires users to register with crypto exchanges that support this Shiba-faced crypto coin. Binance or Coinbase are examples of exchanges that support DOGE.
After registering with the exchange, users will need to enter a payment method or send their existing crypto to the exchange's wallet. From there, investing in Dogecoin is as easy as finding crypto coins and buying them with fiat or converting existing crypto to DOGE. Depending on the exchange, however, there are several ways to buy DOGE.
How to Sell DOGE for Cash and Crypto
However DOGE is acquired, DOGE holders can sell their crypto at any time, and it can be done on any crypto exchange that supports Dogecoin.
While various crypto exchanges support selling DOGE, only a few are the best places to sell DOGE: Kraken, Robinhood, and the Binance and Bittime apps.
How to Sell DOGE on Robinhood
Although investors have essentially viewed Robinhood as a stock trading platform, the app has expanded into crypto trading. Selling DOGE on Robinhood is also easy, requiring only a few steps.
How to Sell Dogecoin on Kraken
Kraken users can convert DOGE to Bitcoin, United States dollars, and euros. All that is required is to hold DOGE in the Kraken DOGE wallet by registering for a Kraken account. To sign up for a Kraken account, you'll need an email address, username, and a strong password. Then, the Kraken account needs to be verified. Your name, country of residence, date of birth, and phone number are all that is required for verification purposes.
How to Sell Dogecoin on Binance App
Binance app users can trade their DOGE with local fiat, Tether (USDT), or various other trading pairs. After holding DOGE in your Binance wallet, you can go to the "Trade" tab within the Binance dashboard and choose to sell DOGE through its preferred order type.
How to Sell Dogecoin on Bittime
In addition to the above methods, you can also sell Dogecoin on the Bittime crypto app. You can sell DOGE by logging into your Bittime application account or web Bittime.com, then selecting the "Trade" tab and specifying the amount of DOGE to be sold. If so, just choose sell.
Conclusion
DOGE is faster and cheaper to transact compared to its competitors like Bitcoin, which automatically makes Dogecoin a better crypto asset. Are you interested in trying investing in Dogecoin? If so, don't forget to always be careful and do your research before buying or selling any crypto. Happy investing!
How to Buy DOGE on Bittime
You can buy and sell DOGE tokens in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappbeti. DOGE is available on Bittime with DOGE IDR pairing.
To be able to buy DOGE/IDR tokens on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, then you can make DOGE purchases in the application. Complete Guide on How to Buy DOGE on Bittime.
Monitor the price chart movements of Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Dogecoin (DOGE): Definition, History, and How It Works
Dogecoin Whale (DOGE) Moves 332.9 Million DOGE to Binance
Dogecoin Payment Speculation for Tesla Cybertruck Strengthens
DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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