What is Dogecoin (DOGE)?

Dogecoin is a meme coin developed in 2013 by software engineers Billy Markus and Jackson Palmer. They started it as a cryptocurrency used for peer-to-peer transactions. Dogecoin became famous from a meme and has gained a huge fan base.

The blockchain technology used to create Dogecoin is similar to Bitcoin. However, it is prolonged. Also, there is no limit to the supply of Dogecoin; due to this reason, the prices are low.

How does Dogecoin work?

Dogecoin is a cryptocurrency that operates on Blockchain technology like Bitcoin and Ethereum.

The process of generation of Dogecoin is similar to other cryptocurrencies. A copy of the distributed ledger is directed to every Dogecoin holder and is updated with every new block.

Miners use computers to solve complex mathematical problems, record transactions, and compile them in blocks. Every time a miner who compiles a block is rewarded with a definite number of new Dogecoin. With every new block, new Dogecoins are forged, which can be traded in the market.

How to Buy Dogecoin in India?

There are many platforms where you can invest and trade Dogecoin in India. One such platform is Flitpay. To buy Dogecoin 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, ensure you have correctly entered your bank details. Through the linked bank account, deposit the amount of which you want to buy Dogecoin and execute the Dogecoin purchase.

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

Flitpay also keeps introducing timely rewards for its users.

How do I convert Dogecoin to INR on Flitpay?

Buying and converting Dogecoin directly on Flitpay is a task of a few clicks using the Flitpay OTC platform. If you have already made a Dogecoin purchase on Flitpay and want it to convert into INR, all you need to do is; sell it on Flitpay, and you will receive the INR in return. If you have your Dogecoin holding in another exchange, you will have to deposit your crypto on Flitpay and then execute the selling process to convert Dogecoin into INR.

To learn; how to deposit Dogecoin or any other crypto from another platform, refer to the link.

You can easily withdraw your converted INR through the instant bank withdrawal service provided by Flitpay in a breeze.

FAQ

What is Dogecoin?

Dogecoin is a cryptocurrency famed as a meme coin, which gained sudden popularity through the love of Elon Musk, who has tweeted on it several times. Dogecoin works on Blockchain technology and can be used for peer to peer transactions.

What is the DOGE price in India?

Check out the current INR price of DOGE in India on Flitpay.

Which is the best platform to buy BAT ( Basic Attention Token) in India?

The best platform to buy Dogecoin (DOGE) or your favourite cryptocurrencies is Flitpay. Flitpay supports instant UPI and bank deposits and withdrawals with a minimum deposit and withdrawal limit of INR 100.

How to Buy Dogecoin on Flitpay?

To buy Dogecoin (DOGE) at real-time prices in India, sign-up to the Flitpay app or web and follow the below-mentioned steps:

1. Click on the Quick/buy-sell option on the App or Trade - Quick Buy/Sell on the web.
2. Select Dogecoin from the list on the app or the drop-down if using the web.
3. Enter the amount you want to buy Dogecoin on the app and click Buy.
4. On the web, enter the amount in the order book and click Buy.

How to Sell Dogecoin on Flitpay?

To Sell Dogecoin (DOGE) at real-time prices in India, sign-up to the Flitpay app or web and follow the below-mentioned steps:

1. Click on the Quick/buy-sell option on the App or Trade - Quick Buy/Sell on the web.
2. Select Dogecoin from the list on the app or the drop-down if using the web.
3. Enter the amount you want to sell Dogecoin on the app and click Sell.
4. On the web, enter the amount in the order book and click Sell.

Is it safe to invest in Dogecoin in India?

Yes, investing and trading in DOGE is Safe in India. Flitpay is one of the trusted platforms to invest in DOGE in India. It offers the most real-time prices.

DOGE - What's in a Meme?

In 2013, the image of Shiba INU dog, a Japanese breed, named Kabosu, became popular, consisting of the Dog's interior monologue in comic sans.

This was the time when cryptocurrencies were already the hot talk of the town. Jackson Palmer made a joke out of this and purchased a domain Dogecoin.com which people took seriously, and from here on, Doge gained popularity.