You can now buy graphics cards with Dogecoin
Newegg, one of the biggest PC hardware retailers in North America has announced today that it will accept Dogecoin as an official payment option.
The value of the cryptocurrency that was born out of memes has risen nearly 8656% in a single year alone. It has been on the rise ever since Elon Musk has begun promoting it with his tweets. The fact that other cryptocurrencies such as Bitcoin or Ethereum have also increased in value surely had an effect on Dogecoin as well.
Newegg will now accept payments with Bitcoin and Dogecoin through its Bitpay service. This of course means that users should already have their digital wallets with the cryptocurrency ready. The form of payment will take more time than usual debit or credit card payment.
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Online retailer accepting dogecoin payment options
They have already been accepting BTC for two years now.
Mavericks have also shared some stats saying that they have completed over 20k transactions in Dogecoin. And if they sell another 6.5 billion in Dogecoin, the currency will hit $1. And the best part of all these transactions is that they are not converted to fiat.
2) Kessler Collection
Image Source: Kessler Collection
Yes, even hotel groups are in on the game as they have also started to accept Dogecoin as a payment method.
The luxury hotel group Kessler collection has partnered up with Bitpay to accept Doge as a payment method. They also have many other crypto payment options, but this is obviously the most popular one.
Dogecoin and its community have a different personality compared to other types of coin enthusiasts in the digital currency realm. What first started out as a joke has grown into a comedic, yet capable tool. What puts dogecoin in a class of its own is its mascot, which easily draws in mainstream appeal.
But the coin isn’t all about being “cutesy”. It is a bitcoin influenced instrument, which means it hopes to change the perception of how money is looked at and used in everyday transactions. Dogecoin is a peer-to peer currency, which means transactions are made between two individuals and no third party is involved.
A centralized structure, such as a government, are absent from operations completely.
Online retailer accepting dogecoin payment optional
It is a monetary unit made for the people, by the people.
Jackson Palmer is the coin’s co-creator, and co-founded the Dogecoin Foundation, a charitable organization that centers around the digital currency.
Each day, more and more industries are taking exception to what dogecoins offers, and are finding ways to implement them in their own businesses. Coinreport has comprised a list of the top 5 places that accept dogecoin transactions.
Yes, We Take Dogecoins
AllGamer is a Texas-based website that specializes in gaming and information technology, and packs in enough power to make gaming experiences all the more entertaining.
Anyone using the service is used to receiving high end performance service at an affordable price.
In 2014, the company was the first major e-retailer to accept Bitcoin for purchases made on the Newegg platform. Similarly, Newegg is among the first to enable customers to pay with Dogecoin while shopping online.
“The excitement and momentum around cryptocurrency are undeniable, and the recent surge in Dogecoin value underscores the need to make it easier for customers to make purchases with this popular cryptocurrency,” said Andrew Choi, Sr. Brand Manager of Newegg. “We’re committed to making it easy for our customers to shop however works best for them, and that means letting them complete transactions with the payment method that suits them best.
So, that means you can buy a flight ticket for your vacation to Hawaii with a joke that was created back in 2014. Yes, but the company doesn’t store the crypto as it is but is converted to Euros at the time of payments.
Image Source: Neowin
In Canada, an internet service provider has also started to accept Dogecoin as a payment method. One can access all services of the company using Dogecoin as a payment method.
EasyDNS also accepts Bitcoin, Ethereum, and Litecoin as payment methods.
Amazon could accept Dogecoin!
A petition that was started back in 2018 has recently gained attraction and has gained a lot of signs. The petition was aimed at asking Amazon to start accepting Dogecoin as a payment method. It has already gained over 100,000 signatures and continues to get more attractive as the price of Dogecoin increases.
But the point is these new tokens make it actually viable to be used as a currency. First of all, new tokens every year means there is an incentive for miners to continue process transactions and receive rewards. This is not the case with Bitcoin that will stop issuing tokens by 2140, and there will be no incentive for miners to continue mining.
To begin with, cryptocurrency has become one of the most sought-after payment options in many online casinos worldwide.
Therefore, many fast withdrawal casino UK that want to secure an instant transaction for their users will most likely introduce cryptocurrency, that is Dodge coin among other, as a deposit and withdrawal method. This will make all online transaction on gambling platforms much safer and quicker. after the words.
Secondly, even though the new tokens add to the liquidity of Dogecoin, they do not affect its price as such.
Online electronics retailer Newegg has declared support for Dogecoin as a form of payment. The Dogecoin addition came amid a meteoric rise in the meme-based cryptocurrency’s value. Dogecoin has climbed more than 480% over the past week, hitting a $50 billion market cap for the first time in history.
Newegg began accepting Bitcoin payments in 2014, becoming one of the major online stores to do so. At the time, Newegg partnered with BitPay on the new payment method, which was initially available in the US. The firm has grown and expanded the payment option across more than 70 countries.
In atweetpublished on the 20th of April, Newegg announced:
“We are now accepting Dogecoin as an official payment method via BitPay. Simply click “Edit” in the payment section during the checkout, select BitPay and complete your transaction.
After getting paid in digital coins, Roye and his company exchange them for cash, instead of holding on to them as an investment.
eGifter is a hub that sells different types of gift cards, ranging from fashion brands to restaurants.
3. Iron Rail Diner
A restaurant called the Iron Rail Diner in Mount Savage, Maryland introduced dogecoin payments to its business on April 4th, 2014. Co-owner of the eatery, Terry Linn II, says that people swing by just so that they can use their dogecoins. He says:
“The way I feel is that for us, it’s the same as a credit card but it eliminates a lot of the fees. I feel they will be valuable in a couple of years down the road.”
Tym Holwager, a dogecoin miner and enthusiast, posted a photo of the diner’s ‘we take dogecoin’ sign. The business instantly gained notoriety through the dogecoin Reddit community.