Although dog currency is not as famous as cryptocurrencies such as Bitcoin and Ethereum in the currency circle, it is well known by many people and its popularity is not inferior to these major currencies. 17 years, we bought 10000 yuan. At present, dogecoin has more than 100000, but we must find a reliable exchange to invest in digital currency.

What is dogecoin?

Dog coins are called "dog coins/dog coins". Based on Scrypt algorithm, it is the second largest virtual currency in the world after Bitcoin. Originally made as a joke, it is an icon made by quoting Shiba Inu with interesting expressions, which is very popular on the Internet. However, this cryptocurrency has been popular since its birth, and its value has also increased dramatically. Over the years, the huge online community has been supported by many loyal supporters. The community used Dogecoin to do an incredible thing: using cryptocurrency to raise money for Jamaican bobsleigh team to participate in Sochi Winter Olympics, and to fund the project of drilling wells to provide drinking water in Kenyan countryside.

Can I buy dog coins in RMB?

You can buy it, but you can't trade it directly. Need to trade on the platform.

The specific operation method is as follows: firstly, RMB is transferred to the trading platform account in the form of transfer, and RMB is converted into legal tender QC (one RMB is converted into one QC), then the seller is found in the legal tender account, and the seller transfers the money into the account. When digital currency is converted into RMB, it can also be converted through transactions in legal tender accounts.

Dogecoin, as an electronic cash based on blockchain technology, has obvious advantages in technical application. Speaking of the new decentralized system, the attraction of dog coins is endless. On the other hand, compared with bitcoin, the miners' fees for bitcoin transfer are too high, and the miners' fees at the peak of the network are as high as several hundred yuan, which is difficult to apply to daily payment. Secondly, dog food also has unique advantages in circulation and transfer confirmation. In addition, dogecoin itself has the characteristics of the civilian population, which is easy for everyone to obtain. In addition, it is not very expensive in terms of price, and it is widely used. Belongs to the currency circle.