Dogecoin is a cryptocurrency that has been around since 2013. It was created by programmer Billy Markus from Portland, Oregon, who hoped to create an alternative to Bitcoin. Dogecoin is a decentralized, peer-to-peer digital currency that can be used to trade goods and services with other users of the platform.
Dogecoin was created as a joke currency based on an internet meme featuring a Shiba Inu dog. Since its launch in 2013, Dogecoin has grown in popularity among online communities and developers alike. Because of its popularity, internet natives have used it on other large platforms like Reddit and Twitter, using dogecoins as tips or rewards for good work or content posted online (similar to how one might give someone “upvotes”).
Known as the cutest and “meme worthy” cryptocurrency out there, Doge coin has built a cult following as a more palatable and less “formal” cryptocurrency.
There is a lot needed to learn before you start riding the Shiba Inu wagon, one of which is how to buy Dogecoin
How do I buy Dogecoin?
To purchase this coin and participate in Dogecoin trading in Australia, you need to first create an account on a cryptocurrency exchange. Once you have created an account, you will be able to transact in the crypto market.
You will require a wallet that has your private key and public address to store or send your coins. You can choose from hardware wallets like Trezor and Ledger Nano S or software wallets such as Jaxx or Exodus.
How to Buy, Sell and Trade Dogecoin in Australia
Dogecoin is one of the most popular cryptocurrencies in Australia and it’s available on a number of exchanges. You can buy Dogecoin with Australian dollars (AUD) or trade it for other cryptocurrencies like Ethereum or Bitcoin.
Not only that, but you can also sell your Dogecoins to convert them back into AUD and withdraw them from your account if you want to spend them on something else!
How much does it cost to buy Dogecoin in Australia?
The market price of Dogecoin is determined by supply and demand, much like any other currency. This means that the price will vary depending on what people are willing to pay at the time they’re buying or selling. In other words, you can get more or less Dogecoin for your money depending on how many people are interested in buying it at the same time.
The number of Dogecoins in circulation is much smaller than other cryptocurrencies such as Bitcoin or Ethereum due to their mining algorithm being relatively easy compared with others – this means that there is less Dogecoin available for sale compared with those currencies which have a higher difficulty level when it comes to mining new coins from scratch but don’t necessarily offer anything better than its competitors (such as Bitcoin Cash).
Dogecoin is a fun and friendly way to get into cryptocurrency, but it’s also one of the most popular cryptocurrencies in Australia.
If you’re looking for an easy and accessible entry point into cryptocurrency trading, Dogecoin might be perfect – even if you don’t think you’ll ever need it!