About Baby Doge coin (Babydoge)

Baby Doge is a cryptocurrency created by Dogecoin's online community. Its developers envisioned impressing its father Dogecoin with better transaction speed and a more enchanting look of Baby Doge. It was developed using the Binance smart chain and launched in June 2021 with some tricks similar to Dogecoin. The creators of this coin are not known but it is highly volatile and speculative. It is a deflationary token that will become more scarce with time.

Baby Doge has a total supply of 420 quadrillion coins and out of these, 125 quadrillion tokens have been destroyed, and approx. 295 are currently in circulation. The meme coin enjoys the support of a loyal online community since its launch as its team donates to several animal charities.

How does Baby Doge (Babydoge) work?

Baby Doge charges a 10% selling fee. This means if you want to sell 100 Baby Doge coins, you need to pay 10 Baby Doge as a transaction fee. This tactic by Baby Doge developers is deployed to encourage HODL and invest in Babydoge. The transaction fee of 10% is divided into 2 parts of 5% each by its developers. The first 5% goes for the liquidation of trading and the remaining 5% goes to the existing Babydoge holders as their holding reward. This means, If you choose to keep your Baby Doge tokens, you will be rewarded with extra Babydoge tokens in your wallet.

And, if you choose to sell your BabyDoge, you'll lose 10% of your investment but if you keep it, you'll get extra BabyDoge. The community of Baby Doge is also planning to launch a real-world utility for it that would make it different from other zero real utility meme coins.

How to Buy Baby Doge coin (Babydoge) in India?

There are many platforms where you can invest and trade BABYDOGE in India.

One such platform is Flitpay. To buy BABYDOGE in INR, you have to sign up for the relevant application, where you will have to enter the required details and go through a small KYC verification process.

After the KYC approval, make sure you have correctly entered your bank details. Now, through the linked bank account, deposit the amount you want to buy BABYDOGE, and execute the BABYDOGE purchase.

You can instantly convert your INR to BABYDOGE and BABYDOGE to INR and withdraw your INR through bank transfers whenever you want.

Flitpay also keeps introducing timely rewards for its users.

What to Do After I Buy Baby Doge (Babydoge)?

Baby Doge can be used to buy other cryptocurrencies after converting them to INR through crypto exchange platforms like Flitpay. You can also hold Baby Doge till it reaches a high price and then can sell it through the Flitpay  "Quick buy and sell"" facility. Users can earn significant profit from buying it at a lower price and selling it at a higher price.

FAQs

What is the Baby Doge coin (Babydoge)?
Baby Doge is a meme coin that is claimed to be an improved version of its father, Dogecoin. It is a deflationary token that will become more scarce with time. Though currently, Baby Doge does not hold any real-world utility but it is planning to launch it soon.

What is the Baby Doge coin (Babydoge) price in India?
Check out the current INR price of BabyDogecoin crypto in India on Flitpay.

Which is the best platform to buy Baby Doge coin (Babydoge) in India?
The best cryptocurrency exchange in India to buy Baby Doge coin or your favorite cryptocurrencies is Flitpay. Flitpay supports instant UPI and bank deposits and bank withdrawals with a minimum deposit and withdrawal limit of INR 100.

What are the Benefits of Baby Doge coin (Babydoge)?
BabyDoge claims to facilitate faster transactions than its father coin, Doge. Its network rewards holders of BabyDoge a share of every sale of Babydoge taking place in its blockchain network. This meme coin is also planning to bring a real-world utility platform in the upcoming time.

Is it safe to invest in Baby Doge  (Baby Doge) in India?
Yes, investing and trading in Baby Doge is Safe in India. Flitpay is one of India's most secure cryptocurrency exchanges to invest in Baby Doge coin. It offers the most real-time prices and advanced investing features.

Is Baby Doge coin (Babydoge) a Good Investment?
The performance of Baby Doge has been quite fluctuating since its launch. With the support of its strong online community and upcoming real-world utility plans, it can perform well. But cryptocurrencies can be highly volatile at times hence one needs to be careful while making any investment decision.