The Dogecoin was initially created as a joke by Jackson Palmer. Two years after the creation, the Dogecoin became a real cryptocurrency. In 2018 the coin was valued at over 1 billion Dollars.
It’s a real altcoin for Bitcoin. Just like many other coins, it uses Bitcoins blockchain technology and it enables user to mine coins just the same. There are a few big differences though. One of them being is that there are no limits as to how many Dogecoins can be mined, as opposed to Bitcoin which is capped at 21 million coins.
This ensures that there won’t be a shortage any time soon. But at the same time, it won’t become as valuable as Bitcoin either, for that same reason.
Something interesting to keep in mind about this coin is that Jackson Palmer has said a while ago that he won’t be making any changes or creating any updates for the coin. He trusts the development team to keep the software updated, but that’s it.
Jackson foresees that, because of this, the network will become irrelevant in a distant future. For now, there’s no reason to worry because of the current high value. And there are always people willing to keep the coin alive.
Dogecoin's unexpected fame has caused it to be now considered the Tik-Tok coin, and even being considered by Elon Musk his favorite cryptocurrency.
Best Casinos To Play With Dogecoin
When starting to play with Dogecoin, it's important to do proper research first. After all, you need to make sure that you'll be playing at a safe casino. To give you a head start, below you can find the top 3 of trustworthy Dogecoin casinos.
BitStarz
www.bitstarz.comAbout BitStarz
This is not just any Bitcoin casino. BitStarz is the winner of multiple awards. Some of them include the Best Online Casino Award in 2018 and the Player's Choice Award in 2019. The level of expertise is noticeable in every aspect. Bistarz slogan "Dream big, win bigger" is something that'll definitely raise your ambitions. The same goes for the games on offer, as there is a lot to choose from a bunch of the best casino game providers. Overall this is probably one of the best Bitcoin casinos out there.
Overview
Websitewww.bitstarz.com
Established 2014
License Curaçao
Bonus 5 BTC + 180 Free Spins
Wagering Requirement 40x
No Deposit Bonus 20 Free Spins
Live Chat Yes
mBit
www.mbitcasino.comAbout mBit
Backed by a mother company that owns 35 casinos, mBit Casino offers you great benefits. First and foremost there is a great number of games from all of the best providers in the industry. You are also entitled to a nice number of bonuses with an intergalactic theme. To top it all off, you can pay with either cryptocurrencies or regular currencies and you have a great support team at your disposal 24 hours a day.
Overview
Websitewww.mbitcasino.com
Established 2014
License Curaçao
Bonus 5 BTC + 300 Free spins
Wagering Requirement 35x
No Deposit Bonus -
Live Chat Yes
True Flip
www.trueflip.ioAbout True Flip
Enjoy the nice welcome bonus at True Flip casino. With this you can enjoy their varied game offer that consists of games by market leaders as well as games the casino developed in house. Decide for yourself which ones are the best. You can pay with cryptocurrencies as well as fiat currencies and the customer support is available all hours of the day. The team members are even available through Telegram on your mobile phone.
Overview
Websitewww.trueflip.io
Established 2017
License Curaçao
Bonus 1 BTC + 50 Free Spins
Wagering Requirement 35x
No Deposit Bonus -
Live Chat Yes
Dogecoin Bonuses
When playing with Dogecoin, you are entitled to bonuses as with any other coin. Just be aware that the volatility of the coin can mean that you'll receive a higher or lower bonus than intended.
This happens if the values aren't corrected by the casino in time. In reality that won't be often as casinos are usually on top of this.
Benefits Of Dogecoin
Dogecoin is sometimes called the friendly cryptocurrency and that is because it is used a lot to give out tips. This is thanks to the benefits this coins offers. Which are low transaction cost, safety, privacy and the possibility to pay all over the world.
- Low transaction cost
- Safety
- Privacy
- Worldwide availability
It does require some knowledge on the product to be able to enjoy all of these benefits. The market is way to volatile to start using the coin without prior knowledge.
Casino Games You Can Play With Dogecoin
As one of the more common cryptocurrencies, you can find quite a few casinos that accept Dogecoin. Even casinos that accept fiat currencies, like Bitstarz, accept Dogecoin. This ensures you that it'll be a rare occasion where you won't find the game of your choice.
- Dogecoin Slots: When it comes to slots, you can find almost every game when playing in Dogecoin casinos. NetEnt jackpots are another story. You will find the progressive jackpot slots like Arabian Night, Hall of Gods and Mega Fortune only in fiat currency only casinos. Hopefully this will change in the future.
- Dogecoin Poker: It's not easy to find a casino that accepts Dogecoin and has a separate poker client. Until the casino that offers this opens its virtual doors, you'll have to settle for video poker and casino poker. Both of which can be very exciting as well and will definitely help you improve your game.
- Dogecoin Blackjack: This is a game that you will in many versions in any Dogecoin casino. In regular casino versions as well as in live casino versions. It enables you to play blackjack at your own pace or join an exciting game with other players and a live dealer.
- Dogecoin Roulette: Roulette is another casino game that you'll find many versions of. You can play high roller or low stakes versions and games in different languages, with a live dealer or against a computer.
Dogecoin Casino Dapps
You cannot use any casino Dapp yet while using Dogecoin as a payment method. But, as this is a very popular cryptocurrency, it cannot be long before this will change. As the coin and the casino Dapps both become more popular, combining the two in a special Dapp will happen inevitably.
Deposit And Withdrawal
When depositing and withdrawing money using Dogecoin, the same rules apply as with any other cryptocurrency. The processing times are faster compared to fiat currencies and there are no costs involved.
The amount limits are also quite flexible, which is great. Since Dogecoin is mainly used for small amounts, you can start out slowly with these low minimums.
ABOUT DOGECOIN
Dogecoin is perfect for small amounts.
Give it a try!
Legal Aspects
You can choose to play at an unlicensed casino when using Dogecoins, however, this is not advised. If you insist, you should always try to stick to provably fair casinos. Otherwise you don't have anything to fall back on.
A license is not necessary for a casino that only accepts cryptocurrencies, as payments won't be considered monetary transactions by countries that don't officially recognize cryptocurrencies. But it does offer you security, so it's better if a casino has one.