Are you an Elon or doge fanatic, just as much as we are? looking to spend your newfound money? Well, we’ve compiled a whole list of merchants that all accept Dogecoin.
See now…
What is Dogecoin?
Dogecoin is a cryptocurrency that was created in 2013 as a joke currency by Billy Markus and Jackson Palmer. It was originally intended as a parody of other cryptocurrencies, but it quickly gained a huge following and became very popular. As of February 2018, Dogecoin had a market capitalization of over $2 billion…
Then, on December 20, 2020, Elon Musk founder of ‘Tesla’ tweeted about dogecoin, and the price went up by 300%! Dogecoin gained vast mainstream adoption.
The Verge even published an article saying “Musk’s tweet is a sign of wider interest in Dogecoin. Dogecoin started as a joke, but it has become one of the most popular cryptocurrencies.“
There are a variety of places where you may spend your Dogecoin. Here are some of the most popular options:
Pay using online merchants:
1. HostMeNow
HostMeNow LTD is an unlimited web hosting company.
We provide super-fast load speeds and unlimited storage options for small, medium, and large clients! We also sell VPS servers, domains and SSL certificates.
HowMeNow allows you to quickly and easily create a website or portfolio, for free. You can pay for your hosting packages with your Dogecoin wallet or another accepted crypto currency, and there are a variety of developed templates and designs to choose from.
It’s awesome!
2. Tesla
Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California.
The company designs, manufactures, and sells electric cars, solar panels, and battery packs.
In December 2020, Elon Musk tweeted about Dogecoin and its potential to revolutionize the world of online payments. This led to a surge in the value of Dogecoin, as well as wider interest. So of course they accept Dogecoin payments!
You can buy a Model S, Model 3, Model X, and more.
3. Tip Streamers/Artists
Make a contribution to your favourite Twitch streamers and entertainers by donating with Dogecoin.
A lot of streamers accept Dogecoin payments using a tool called ‘NowPayments‘
NowPayments is a POS (point-of-sale) solution that allows businesses to accept Dogecoin or other cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash etc.
If you do live streams, it’s definitely something worth taking a look at.
4. Expedia Travel
Spend Dogecoin on holidays with Expedia travel.
Expedia is a travel company that operates in more than 65 countries. It allows you to book flights, hotels, cars, and other types of travel-related services.
In December 2020, Expedia announced that it will accept Dogecoin as a payment method plus additional crypto payment methods such as Bitcoin, Ethereum, Litecoin and Bitcoin.
5. CheapAir
A popular online travel agency that allows you to book flights, hotels, and cars.
CheapAir will accept Dogecoin as well as Bitcoin, Bitcoin Cash, Ethereum, Gemini (GUSD), USD Coin (USDC), Paxos (PAX), BUSD, Dai, Shiba Inu and Wrapped BTC.
6. Overstock
Overstock is a popular online retailer that sells a variety of products, including furniture, home decor, bedding, and more.
With its integration with ShapeShift, you can use all major cryptocurrencies, including Dogecoin, Ethereum, Litecoin, Dash, Monero, and Bitcoin Cash for payments!
7. Namecheap
Spend Dogecoin on domains with Namecheap.
Namecheap is a domain name registrar and web hosting company that was founded in 2000. It is one of the most popular domain name registrars in the world, and it has over 3 million customers.
Namecheap accepts Dogecoin payments as well as Bitcoin, Bitcoin Cash, Etherium, USD Token and XPR.
8. ExpressVPN
Spend your Dogecoin on a VPN! With ExpressVPN, you can keep your data safe and secure when using public Wi-Fi, and access blocked websites and content from anywhere in the world.
ExpressVPN accepts payments in Bitcoin and Dogecoin.
Pay in the real world:
Spend Dogecoin in the real world to pay for goods or services. Some popular options include buying food and drinks at local restaurants, paying for parking, or tipping your favourite barista.
Buy a crypto debit card.
What is a crypto debit card, and what does it do?
It’s a physical debit card that you may utilize to spend your cryptocurrencies. With this, you can pay using your crypto on any website regardless of whether they accept Dogecoin or other cryptocurrency payments.
There are a few different providers of crypto debit cards, and they all have slightly different fee structures and withdrawal limits.
Some popular providers include Wirex, CryptoPay, and Coinbase.
How does Dogecoin work?
Dogecoin is a cryptocurrency that uses a proof-of-work algorithm to secure its network and generate new Dogecoins. A proof-of-work algorithm is used to ensure that miners are rewarded for their efforts in securing the network. Dogecoin’s algorithm is based on Bitcoin’s algorithm, and it uses the Scrypt hashing algorithm.
One of the main reasons Dogecoin has become so popular is its low transaction fees. Dogecoin transactions are typically confirmed within seconds, making it a great choice for small payments.
Dogecoin is also commonly used to tip content creators online. For example, if you enjoy a piece of content on YouTube, you can send the creator a Dogecoin tip.
What is crypto?
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. However, exchange platforms for cryptocurrencies are regulated to protect against fraud.
Bitcoin, the first cryptocurrency, was created in 2009. And Dogecoin was created in 2013. Although there are many other cryptocurrencies out there.
Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services.
How to Buy Dogecoin
The easiest way to purchase Dogecoin is through online crypto exchanges. Binance is a popular choice for buying Dogecoin, and it allows you to purchase Dogecoin with Bitcoin or Ethereum.
If you don’t want to use an online exchange, you can also buy Dogecoin with cash at a local cryptocurrency ATM (Although subject to high exchange fees).
How to Store Dogecoin
The best way to store Dogecoin is in a cryptocurrency wallet. There are many different types of wallets available, and you can choose the one that best suits your needs.
If you want to store your Dogecoin offline, you can also use a hardware wallet like the Ledger Nano S.
Why Use Dogecoin?
There are a growing number of locations where you may spend Dogecoin. Some of the main reasons include:
• Low transaction fees
• Fast confirmation times
• Widely accepted
• Easy to use
Should You Invest in Dogecoin?
That’s a decision that only you can make. Dogecoin has over $2 billion market capitalization, so it’s not a small investment. However, the cryptocurrency market is volatile, and there is always the risk of losing your investment.
If you’re thinking about investing in Dogecoin, make sure you research and understand the risks involved.
Conclusion
Dogecoin is a popular cryptocurrency; it has since become one of the most popular cryptocurrencies and has over $2 billion market capitalization. Dogecoin is based on Litecoin, and it uses the same proof-of-work algorithm as Bitcoin. Dogecoin is commonly used to tip content creators online, and it has low transaction fees. The best way to store Dogecoin is in a cryptocurrency wallet. If you’re thinking about investing in Dogecoin, make sure you research and understand the risks involved.
More and more individuals are using Dogecoin, thus HostMeNow now allows all Dogecoin users to build their website or portfolio on the web.
