How To Trade In Dogecoin,, Like Bitcoin In 2021? Know It Is An Advantage Or Disadvantage. How To Trade Dogecoin

Online trading

Today we will talk about a topic on which many people still hesitate to talk.

Today we are going to talk about one such currency, which is a " virtual currency" .

In the language of the Internet, you must have heard the name of Bitcoin at one time or another, which comes under a virtual currency whose trading is available only on the Internet. You must have always thought that if there is any expensive thing then it is gold, diamond, platinum etc. But have you ever imagined how much a bitcoin would cost? So now you know: The current price of 1 bitcoin in Indian currency is 26,26,624.00 i.e. (twenty six lakh twenty six thousand six hundred and twenty four) you will be shocked to hear the price but it is true. In the world of cryptocurrency, if we do not talk about bitcoin, this cannot happen, because bitcoin is the only currency that came into play in the form of virtual currency, which was first created by Satoshi Nakamoto in 2009. It was only after that that other virtual currencies came into play. Since this currency is a digital currency, it is used only to buy goods and services online. You will also be surprised to know that this is a "decentralized currency" over which the government has no control.

But today we will not talk about Bitcoin but about Dogecoin .

Dogecoin is like a digital currency that you can buy and sell online. Dogecoin was launched in 2013 about 7 years ago today

Billy Marcus and Jackson Palmer did it in 2013, since Bitcoin is far from everyone's reach due to being a very expensive currency, but many people have seen interest in Dogecoin , and people like to trend in it.

1. How and where to buy Dogecoin ?

As you have already been told that it can be bought online, and there are only a few websites in which you can buy the said Dogecoin by creating an account. Like you can buy through BuyUcoin , or Zebpay . For the said purchase, first you have to complete the KYC process, then only you can do trending.

2. Who is the owner of Dogecoin :

As mentioned earlier, Dogecoin is owned by Billy Markus and Jackson Palmer , who created it in December 2013, and today this currency has dominated the world of virtual currency. Many people today are earning money even by shopping online, so why don't you earn. You also know this method.

3. What are the benefits of Dogecoin ?

The possibility of fraud in Dogecoin is almost negligible, and all transactions in it are very secure. You have to pay less fees for maintenance, and you can easily trend in it due to low cost.

4- Does Dogecoin have a good future in the future:

When bitcoin came as a virtual currency in 2009, no one thought that today it would be worth millions, similarly Dogecoin can also leave behind any multinational company in today's date, whose value is in billions of dollars, And people all over the world are showing interest in it. We want to tell you when bitcoin came in 2009, its price was $ 0.30 dollars, and at that time the price of 1 $ dollar in Indian currency was 48.31 rupees. So the 0.30$ cent only cost around 14.40 paise. You can guess from this that if a person had bought 1000 1000 bitcoins for $ 300 at that time , then how much would it be worth today.

Let us add:

Today the current price of bitcoin is Rs 26,26,624 . That is, 2626624-1000 would have become 2,626,624,000 (2 billion sixty two crore six lakh twenty four thousand) . Means in $ 300 which would have been 22,371 in today's date in Indian currency. such a huge profit There doesn't seem to be a need to speak further.

5. What is the loss?:-

The biggest disadvantage of this is that if you lose your ID once , or you forget it, then you will forget your purchased amount forever, even if there are crores in it. Secondly, it is said that once a transaction is done by mistake in it, then it is not possible to do it again. Hope you must have learned some good things related to Dogecoin , it is a great option from the point of view of trading , in which you can easily create your account and start trending from today itself.

But be careful.

Only and only you will be responsible for any kind of loss in this, and the government will not help you in any way. And too much addiction to anything can be harmful