Dogecoin is one of the best-known and most talked about cryptocurrencies. The coin, created as a joke, became popular and for a long time held out in the TOP 10 largest cryptocurrencies by market capitalization. At the time of this writing, Dogecoin is ranked 12th.
What is Dogecoin (DOGE)
Against the backdrop of the first cryptocurrency boom, programmer Jackson Palmer decided to ridicule people’s willingness to invest in highly questionable businesses. Several comic posts on social networks about a promising new asset unexpectedly aroused great interest among users.
The still defunct coin named after the famous meme attracted the interest of crypto enthusiasts, and at the end of 2013, Dogecoin was still launched. The joke turned out to be very successful and the meme coin took on a life of its own.
Technically, Dogecoin is nothing more than a fork from Luckycoin, which is a fork from Litecoin. In order not to get confused by the numerous forks of the source code, many often call Dogecoin a fork of Litecoin. Both tokens can be exchanged for each other, in particular here: https://letsexchange.io/exchange/doge-to-ltc
Initially, the project did not have any revolutionary ideas and goals. The goal in the DOGE project was brought by the community of fans, which has repeatedly supported fundraising for charity. Ultimately, the meme coin caught Elon Musk’s attention. Several tweets on social media about Dogecoin caused a strong market reaction.
Cryptocurrencies are a historically new phenomenon and all digital coins are now classified as high-risk assets. However, DOGE is listed on many well-known exchanges against other crypto and fiat currencies. Moreover, less popular exchange directions are available on the network.
How to change Dogecoin to Bitcoin
The easiest way to convert DOGE to BTC is to use the exchange widget on https://letsexchange.io/. The exchange is available without registering on the platform. All that is required of you is to consistently fill the exchange widget:
- In the upper field, select DOGE for sale and indicate the amount of the transaction.
- In the lower field, select BTC in the same way.
- Specify the address of your wallet.
- Send coins for deposit.
- Press the “Exchange” button.
While you follow the instructions step by step, the Smart Rate program will find and compare the available deals and choose the best deal for you. The built-in calculator will automatically calculate. As soon as you confirm the exchange request, the transaction will be completed and the purchased coins will be credited to your wallet.
The exchange of cryptocurrencies for LetsExchange is carried out completely anonymously, without commissions and any restrictions on the amount and number of transactions. The platform does not provide wallet services. This means that your coins leave your wallet for just a few seconds to complete the transaction. You have complete control over the movement of your funds and the level of security.
