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What is Dogecoin?

Dogecoin (DOGE) is a fun, and rapidly growing form of digital currency. It is an open-source peer-to-peer cryptocurrency based on the popular ‘doge’ internet meme. Created originally as a joke poking fun at Bitcoin, Dogecoin was forked from Litecoin in 2013 and utilises the same underlying technology.

  • Dogecoin can be used for peer-to-peer (P2P) value exchange, payment for e-commerce to buy goods and services, or trade it for other currencies (both other cryptocurrencies or FIAT currency like AUS dollars).
  • Although it was originally created as a joke, DOGE has risen to be one of the most popular cryptocurrencies and has strong community support. Many well known individuals and online groups have rallied behind DOGE coin and continue to do so.
  • One of the most popular uses for Dogecoin is "tipping" fellow internet-goers who create or share great content. Think of it as a more meaningful "like" or upvote, with real value that can be used all across the internet.

Despite having originated as a satire of the cryptocurrency ecosystem, Dogecoin has received growing community support and become a widely-accepted asset tradable for an increasing range of products and services.

How do I swap Dogecoin?

Enter amount to swap
Select the quantity of Dogecoin you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Dogecoin

Why Should I Trade DOGE with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Dogecoin no matter what your trading experience is. Unlike other international and Australian Dogecoin exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Dogecoin with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Dogecoin how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Dogecoin?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Dogecoin for free.

Cold Storage

If you are holding Dogecoin as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Dogecoin. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Dogecoin. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Dogecoin has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Dogecoin is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Dogecoin exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Dogecoin & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Dogecoin safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Dogecoin portfolio here.
Yes! With CoinSpot you can convert your Dogecoin to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.
Dogecoin can be used like any other cryptocurrency. Trade it on the open market on CoinSpot, show some respect for a great post or comment by tipping other users with it, or exchange it for goods and services at any of thousands of online retailers accepting Dogecoin as payment.
As there is no hard cap implemented on the total supply of Dogecoins, theoretically infinite Dogecoins can be mined. As of the beginning of 2021, there are more than 127 billion Dogecoins in circulation – far more than Bitcoin’s hard capped 21 million.
Dogecoin is accepted by some online retailers and at digital exchanges around the world. Can’t find a place that accepts Dogecoin? Trade it for Australian dollars at CoinSpot and know your money will always be accepted.

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