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In what year was Dogecoin issued? How many are there in total? How to buy and sell?

Elizabeth
Release: 2024-10-11 10:01:31
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Dogecoin, a popular cryptocurrency launched in 2013. Its unique dog image and satirical origins have brought it much attention. Although initially considered a joke coin, it has grown to become one of the largest cryptocurrencies by market capitalization. Unlike other cryptocurrencies such as Bitcoin, Dogecoin has no mining cap, meaning new Dogecoins can be created unlimitedly. The buying and selling process is similar to other cryptocurrencies and can be carried out with the help of exchanges or wallets, providing a convenient buying and selling experience.

In what year was Dogecoin issued? How many are there in total? How to buy and sell?

Dogecoin issuance time and quantity

Dogecoin was released on December 6, 2013 Released on .

The total circulation is 128 billion pieces. Among them, the initial circulation is 100 billion, and will continue to be minted at a rate of 5 billion per year until the total circulation is reached.

Buy and sell Dogecoin

There are the following ways to buy and sell Dogecoin:

  • Cryptocurrency exchanges: Exchanges such as Binance, Coinbase and Kraken allow users to buy and sell Dogecoin.
  • Online Brokers: Brokerages such as Robinhood, eToro and others also offer Dogecoin trading services.
  • Peer-to-Peer (P2P) Trading Platforms: Platforms such as LocalBitcoins, Paxful and others allow users to buy and sell Dogecoin directly with other individuals.
  • Dogecoin Wallet: Dogecoin Core is the official wallet released by the Dogecoin community, allowing users to store and send Dogecoin. It also supports connection with exchanges or P2P platforms for trading.

Specific steps:

  1. Choose a platform that supports Dogecoin trading.
  2. Create an account and verify your identity.
  3. Top up with fiat currency or other cryptocurrencies in order to buy Dogecoin.
  4. Find Dogecoin trading pairs such as DOGE/USDT or DOGE/BTC.
  5. Enter the amount of Dogecoin you want to buy and place a trade order.
  6. Wait for the order to be executed and Dogecoin to be deposited into your wallet or exchange account.

The steps for selling Dogecoin are similar to buying, but in the opposite direction.

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