Today, many visitors to online casinos prefer to own several money wallets for greater flexibility. In addition to fiat currencies like the US dollar and the euro, cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc.) are now quoted. Also recently, you can find online casinos with Dogecoin.
Description of cryptocurrency Dogecoin
Dogecoin cryptocurrency was launched at the end of 2013 by American programmer Billy Markus and Australian marketer Jackson Palmer. It is designated on the exchange by the ticker (short name) DOGE. Dogcoin is also denoted by a symbol. Dogecoin was originally a joke answer to the then excitement around the very first cryptocurrency – Bitcoin. After all, it is named after the popular Internet meme in 2013 featuring a photo of a Shiba Inu dog. The cryptocurrency still has an image of that very dog with an amusingly puzzled expression on its face as its logo. An active community of users quickly formed around it. Dogecoin’s popularity has been driven by numerous community-sponsored charity fundraisers. Dogecoin is based on Luckycoin, which in turn is based on Litecoin (was based on Bitcoin). Due to its popularity, Dogecoin has gained the support of exchanges. At first, the “doggie” was supported by small platforms like Nexgen, Bter, and then by large ones: Bittrex, HitBTC, etc.
Benefits of playing for dogoins
If you use Dogecoin cryptocurrency at an online casino, you get the following benefits:
* Anonymity. The Dogecoin blockchain system does not ask the user for any personal information, so no one but you will know where you like to play and what bets you prefer to place.
* High speed of money transactions. Send and receive dogecoin amounts faster than fiat money.
* Savings. Dogecoin transactions are much cheaper than regular cash transactions. Moreover, in cryptocurrency gaming clubs, players usually receive a higher payout percentage.
* A guarantee of honesty. If the online platform offers deposits in dogecoin, then you can be sure that it will not deceive you. Also, some users will find it more convenient to deal with Dogecoin than, for example, Bitcoin. This is due to the fact that this cryptocurrency is cheaper than a dollar. The coin amounts will be large, not in ten thousandths.
Outcome
Initially, the Dogecoin blockchain system was conceived as a joke, but over the years it began to be perceived on a par with serious cryptocurrencies like Bitcoin, Ripple, etc. Therefore, in our time, online casinos are beginning to actively accept, including Dogecoin, as a currency. Dogecoin provides the following advantages when used in an online casino: anonymity, economy, high speed of transactions, a guarantee of the integrity of the institution. Thus, playing live games, slots and lotteries with Dogecoin is more profitable than using fiat money.