What is Dogecoin (DOGE)?

Dogecoin is a popular cryptocurrency that was launched in 2013, initially as a meme coin. The crypto asset is based on the meme doge Shiba Inu, which is considered a cryptocurrency with no value. Recently, however, it has surpassed its joke status to become one of the most popular cryptocurrencies and, as mentioned in a tweet by Elon Musk, one of the most traded cryptocurrencies in the world. Dogecoin is now available as a crypto payment method and is available on 18 and more of the best sites for sports betting on Dogecoin.

Dogecoin is currently valued at 25 to 35 cents and has reached an all-time high of 71 cents. There are many benefits to betting with Dogecoin cryptocurrency offered by the best sites as it is the hottest Doge.

Dogecoin betting has  paid off massively for some cryptocurrency investors, however, the market is still in its infancy when it comes to Dogecoin sports betting.

Dogecoin is an inexpensive and easy-to-buy cryptocurrency with enormous potential value that provides the fundamental benefits of digital gambling. Also, the Dogecoin website is most popular for its bonuses for new and old gamblers.

How do I gamble Dogecoin (DOGE)?

-Buy Dogecoin

Gamblers can buy Dogecoin from several regulated and licensed cryptocurrency exchanges. Once users figure out where to buy DOGE, Dogecoin gamblers need to learn the tricks of buying the cryptocurrency. All a gambler needs to do is register with a reputable exchange, provide all the necessary personal information for verification, link their bank account, and buy DOGE.

-Pick a Sportsbook Accepting Dogecoin

The second step involves choosing sportsbooks that accept Dogecoin. Extensive research is highly recommended as it is important to choose the Dogecoin sportsbook that offers the best solution. We recommend → Cloudbet

After selecting Sportsbook, click on the book’s deposit tab and select DOGE as the payment method. This will be a complex combination of characters, the Dogecoin wallet address. Send the desired amount from the wallet to the given address. The process is simple because the crypto wallet has a very user-friendly interface.

However, users must check their wallet addresses carefully to avoid surprises, as these transactions are usually irreversible. Please note that each bookmaker offers bonuses and promotional offers to existing and new members.

-Make a DOGE Deposit
Those who follow crypto Dogecoin news, trends and predictions, would love to make some actual Dogecoin deposits. Making the first deposit in Dogecoin is straightforward and only requires a few minutes to complete.

-Place Your Wagers

Dogecoin players can also choose to mine Dogecoin. Compared to mining other cryptocurrencies like Bitcoin, Litecoin, and Ethereum, DOGE mining is economically viable for all types of players. However, players need to invest directly into a standard PC setup, although the learning curve is fairly steep, so if they have the patience and time to learn it can be lucrative. There are various blogs and YouTube videos online for players to learn how to mine DOGE.  

-Withdraw Your Profits

After a sportsbook approves a withdrawal, the DOGE blockchain network takes approximately 30 to 60 minutes to verify and complete the transfer of funds. This means that DOGE transactions or withdrawals are pay-of-the-day events, allowing players to get their money immediately.

Note that in many cases, payment options with non-cryptocurrency can take anywhere from 3 to 7 days and require additional substantial transaction fees. Therefore, there are no additional fees for withdrawing Dogecoin other than DOGE blockchain network fees.

Where can I gamble Dogecoin?

Gamblers can bet Dogecoin at different crypto-friendly casinos, blackjack, slot games, poker, dice and other games of skill, including classics like rock-paper-scissors and minesweeper. These games also offer impressive bonus offers and cashouts.

Cloudbet crypto features all your favorite games, from casino, live casino, Esports and sportsbetting. Cloudbet sportsbook offers a good value and high odds with a betting limits of 10 BTC.

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1xbit supported all cryptocurrency for both deposit and withdrawal, they also offer a bonus for new players 100% that matches their deposit 1 BTC plus 1 BTC receive bonus.

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