Dogecoin

The best DOGE casinos 2021

Dogecoin, or DOGE for short, has been around since December 2013. Interestingly, not even the developers Billy Markus aka Shibetoshi Nakamoto and Jackson Palmer believed that their coin would establish itself as a decentralized currency in such a way.

Dogecoin’s trademark is the Japanese Shiba Inu, which can also be found on the company’s website. He made a name for himself as a meme at the time – namely, the one on which the erstwhile “joke” Dogecoin was based.

Just about two weeks after its official launch, DOGE landed a comparatively high price. For every 1 USD, buyers were credited with 1,050 Dogecoin. Parallel to this, mining grew, because barely four weeks later, 25% of the available coins had already been generated.

The special feature here, however, is that there is no DOGE limit – unlike crypto investors know from Bitcoin. Theoretically, an infinite number of coins can be mined.

The biggest plus point is the high speed when creating new DOGE blocks. While a Litecoin block is created after about 2.5 minutes, it takes just one minute for Dogecoin. This was probably another reason why the digital and decentralized currency was able to quickly establish itself against better-known coins.

The best Canadian Dogecoin casinos in the test

At this point in time, the selection of crypto casinos that accept DOGE can be described as very manageable. Nevertheless, it must be said that the popularly used designation “Bitcoin Casinos” 🪙 is now rarely applicable.

The most well-known of all digital currencies has long since received strong competition, and one of the fiercest among them is indeed Dogecoin. It is gaining more and more importance, not least in the online gaming industry.

How DOGE works in the online casino

Basically, registration with the preferred provider, i.e. the crypto casino, is required. Only in this way can a transaction with Dogecoin – and of course just as with any other currency – be correctly assigned. Besides that, there is a need to specify a crypto wallet, deposit money there and exchange it for any number of DOGE. The purchase as such should be completed within minutes. Likewise, deposits to the casino usually do not take long, and often the booking is even possible in real time.

This is how to deposit with DOGE in the casino:

• Log in and open the cashier for deposits (Deposit).
• Select DOGE as the method
• Open your own cryptowallet account – for example, MultiDoge.
• Enter your own DOGE address and amount.
• Confirm payment
• Go back to the casino – the balance should already be displayed

Provided that the provider is a crypto casino that converts coins into real money (for example, euros or US dollars) before the game starts, the booking can sometimes take up to 10 minutes ⏱. Generally, however, you are spared long waiting times. This usually applies to all cryptocurrencies accepted by the provider.

A tip: If you do not want to enter the address for transactions manually, you can easily scan the displayed QR code with your smartphone or tablet. In that case, the sending address is automatically taken over and the entire process is once again significantly accelerated.

Interesting facts about the Dogecoin

Initially, Dogecoin was nothing more than a joke. Nobody would have thought back then that the cryptocurrency would develop in such a way and would be on the fast track soon after its official launch. We have summarized some fun facts about DOGE here:

• Thanks to Doge Coin, the Shibu Inu is now one of the best-known dog breeds around the world.
• The name Doge is based on the Japanese Shiba Inu, a popular dog breed in Asia, which is now also the mascot of the cryptocurrency.
• Actually, Dogecoin was supposed to be nothing more than a parody of Bitcoin, whose boom no one really believed in at the time
  Contrary to expectations, the market value of the decentralized cryptocurrency exploded within just a few weeks
• The price increase at the beginning of 2021 is primarily thanks to prominent investors. Well-known faces such as Elon Musk, for example, drove the price up by a whopping 900 percent within hours
• This was followed by a sharp drop in the share price of around 40 percent. From now on, experts assume that the current value will remain stable.

Advantages & Disadvantages of Dogecoin Casinos

What advantages does the Dogecoin offer as a payment method in the casino?

A special feature of this currency is that a separate digital wallet, called MultiDoge, was developed for the Doge. If you like, you can download it conveniently via dogecoin.com and install it on common devices and all classic operating systems. It is important to note that MultiDoge is not a wallet in the true sense of the word. In fact, only Dogecoins and no alternative cryptocurrencies are available there.

Users whose budget is generally tight have the option to mine Dogecoin. The speed depends primarily on the processing power and, of course, you won’t get rich on this “task” right away. However, in the long run, there is a chance to build up one’s DOGE balance without direct purchase. Dogecoin is also similarly secure as its role model Bitcoin, so you don’t have to worry about your cryptos when making transactions to the casino.

The main advantages of DOGE at a glance:

• Low transaction costs
• DOGE unlimited available
• Fast generation of new blocks
• Deposit in real time possible
• Own Doge exchange available

Speed is only an advantage in the short term for now. Experts believe that the size of the blockchain could become a problem in the long run, as well as possibly growing transaction fees. However, all of this will only come into effect provided the price of DOGE takes on similar dimensions to those experienced with Bitcoin.

What are the disadvantages of Dogecoin casinos?

The biggest challenge for owners of the DOGE is first of all to find a casino at all, which already accepts the coins. At times, the selection is very clear, since many companies in the industry primarily rely on Bitcoin, Ethereum or even Litecoin. Dogecoin, on the other hand, has not really been able to establish itself in the online gaming sector yet – which, of course, does not have to remain that way for all times.

We can only talk about crypto casinos ⭐ in Canada, but we know from extensive research that the market in the US looks quite different. Especially there, Dogecoin is gaining more and more importance for the gaming industry – which is due to the fact that it is a decentralized payment method that is not tied to banks.

The disadvantages at a glance:

• Transaction fees must be expected
• Currently, only a few crypto casinos available that accept DOGE
• A large part of already created coins are from the market

The bottom line is that we will have to wait and see how the response to DOGE develops in the coming months. The fact is that the cryptocurrency is a wonderful alternative to real-money currencies simply because of its high security standards – as well as to more well-known coins.

On the subject of Dogecoins, which are already off the market: As of February 2021, the world’s largest shareholder holds a full 28 percent of the available DOGE Coins. Converted, he thus owns around 2.1 billion US dollars – and the trend is still rising.

Tips & tricks for paying with Dogecoin (DOGE)

Like all cryptocurrencies, DOGE is only available via appropriate wallets – most easily securely via the apps created by the company, which enable real-time exchanges. So being familiar with MultiDoge certainly can’t hurt. If an account has already been created with Coinbase, Binance or other alternatives, buying the coins is also possible there without any problems.

According to experts, a significant high is not to be expected in the near future, but despite everything, it can make sense to stock up on DOGE at the currently quite low price. On the one hand, this makes the digital coins affordable, and on the other hand, there is a chance to profit from long-term price increases – even for those who want to deposit their Dogecoins into the casino.

Dogecoin FAQ

What started as a parody quickly became a real success. For a few years now, the Dogecoin has been gaining more and more importance in the gambling industry as well – primarily in destinations like the USA, but ultimately Canadian online casinos are also looking for solutions for the omission of various real money payment methods.

Is there a fee for Doge Coin deposit?

Transaction fees are indeed incurred in the crypto casinos we know. However, these are not outstandingly high. Stake.com provides an example. Here, 1.5 DOGE is basically deducted as a fee from the remaining balance for withdrawals.

Unfortunately, deposits 💳 are also subject to the same fee, with identical prices per transaction. Interestingly, the fee in the above example always remains the same – regardless of how much the deposit or withdrawal amount is.

Is there a DOGE bonus at the casino?

Provided that a bonus is awarded to new customers at all, the choice of cryptocurrency does not matter. Players are entitled to offers such as a cash back, rakeback bonuses and the like even if they have deposited with DOGE.

In fact, the provider does not differentiate between different currencies, unlike in real money casinos, where Skrill and Neteller are often excluded from campaigns.

There are not quite as many Doge Coin bonuses, but crypto casinos often have really lucrative bonuses waiting for players

Is it worth buying Dogecoin for casino games?

The purchase would possibly have been most worthwhile on January 29, 2021, because for a few hours the price had increased by more than 900 percent. Currently, it is stable and relatively far down, so the investment certainly makes sense for long-term thinking gamblers. Ultimately, there is a lack of casinos in this country that accept the DOGE. Whether this will remain the case permanently cannot be said with certainty.

Due to the legal situation in Canada, the tendency is rather that far more digital assets like BTC will be available in the future. Then Dogecoin will also be quite high on the list, as it will end up being much more than just a Bitcoin parody.

Is paying with DOGE secure?

Dogecoin meets similar security standards as Bitcoin, Ethereum and many other cryptocurrencies. Players do not have to worry about the protection of the coins in reputable casinos like the ones mentioned above.

The transaction is protected by setting up an individual address that is only valid once. Foreign access is thus as good as impossible.

Can I cash out with Dogecoin?

Of course, casino customers are also offered this option – but only if the deposit has also been made with DOGE. Here, the Money Laundering Protection Act applies in the same way as for real money transactions. This means that the same method must always be selected for deposits and withdrawals.

As usual, the payment limits must be observed. These apply to withdrawals just as they do to deposits. It is advantageous that DOGE transactions basically work in unlimited amounts. The minimum amount, on the other hand, is set by the provider and must be strictly adhered to.

What DOGE alternatives are there in the online casino?

As should have become clear by now, the possibility to make deposits and withdrawals via Dogecoin is currently still very limited. So it’s good to be familiar with the alternatives offered in reputable crypto casinos. These here are finding more and more positive appeal today:

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Ripple
• Tron
• EOS

The days of pure Bitcoin casinos seem to be over, precisely because the Canadian market is becoming more tightly regulated, decentralized currencies that are not directly tied to banks offer a real alternative to euros or dollars. DOGE, Ripple, Tron and EOS have only recently started to emerge. Deposits with BTC, Litecoin or even Ethereum, on the other hand, work in more and more online casinos – and not only in those that specialize in crypto.

Conclusion about Doge Coin in Canada

As far as acceptance in crypto casinos is concerned, Dogecoin is still in its proverbial infancy as of March 2021. At least it can be stated that there are far fewer DOGE casinos than Bitcoin casinos – although the latter sometimes provide various alternative cryptocurrencies.

The developers themselves advise beginners in the field to acquire DOGE via the in-house wallet. Although the coins can be mined, this is a bit more complicated and therefore only possible for beginners.