How to Buy Dogecoin in India from a Crypto Trading App?
ellyseperry
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ellyseperry
Ongoing, First published Aug 10, 2023
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Before starting up with the process of buying DOGE from a crypto trading app, first let us know Dogecoin in brief.

DogeCoin: An Overview
Dogecoin was viewed for the most of its existence as a humorous "memecoin" that was cherished by its community but had no monetary value. That changed in 2021 when Dogecoin, despite the fact that each coin is just worth a few cents, surged to become one of the top ten cryptocurrencies by market cap, with a total value of $50 billion.

Software developers Billy Markus and Jackson Palmer initially developed Dogecoin as a joke currency in 2013 with no real-world application in mind. Its name is a parody of a Shiba Inu dog with funny spelling from the internet, hence the term "doge" rather than "dog."

Bitcoin VS Dogecoin
There are significant differences between Dogecoin and Bitcoin when we compare the two. First off, Dogecoin provides miners with a quicker and easier way to solve the challenging mathematical problems required to validate and log transactions on the blockchain. Because of its increased efficiency, Dogecoin is comparably better at enabling payment transfers.

There is no lifetime cap on the total number of Dogecoins that can be generated, which is another significant distinction. The maximum number of Bitcoin coins that can ever exist is limited to 21 million, in comparison. As a result, to earn additional coins over the long run, Bitcoin miners must put up more work and devote more time. This contributes to the stability and long-term growth of Bitcoin's value.

How to Choose a Crypto Trading App?
When choosing a cryptocurrency trading app in India on which to trade or invest, you must conduct careful research. Before choosing an exchange to invest in Dogecoin in India, you should do some research on the legitimacy of the platform and the team behind it.

Download here &gt;&gt; KoinBX Android App Download here &gt;&gt; KoinBX iOS App
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