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Dogecoin is a digital cryptocurrency, which came into existence after the introduction of Bitcoin in 2009. Similar to other digital currencies, Dogecoin is a decentralized and peer-to-peer cryptocurrency with no financial bank in between.
Even though Dogecoin has not attained the same popularity as Bitcoin as yet, a number of online casinos in Australia let the players use Dogecoin for making deposits and place bets on their favourite online pokies and games.
Players who enjoy playing live dealer games usually look for innovative and simple ways to handle their funds. They enjoy using digital currencies such as Dogecoin as it offers them anonymity and security.
Dogecoin has become well-known in the last few years for its versatility. Many online casinos have included Dogecoin as one of the online casino banking options for players. Here we have listed some of the best Australian online casinos where you can enjoy playing fun slots and casino games.
Dogecoin is based on the ‘Doge’ internet meme and was initially made as a ‘joke currency’ by Billy Markus in Portland, and Jackson Palmer, a manager at Adobe. In the beginning, their purpose was not to gain business from Dogecoin.
They created Dogecoin with the intention to offer leads to people who aspire to get into digital currencies. The logo of Dogecoin is the photograph of the Shibu Inu dog. It was referred to as Know Your Meme’s “top meme” in 2013.
Dogecoin attained two million market capitals in 2018, and nowadays, several exchanges provide Dogecoin trading with Bitcoin and Litecoin.
Dogecoins works in similar ways as other cryptocurrencies. You can buy them through online exchanges and they let the players exchange different cryptocurrencies and accept regular currencies like Dollars and Euros. A few of the reliable DOGE online exchanges are Bittrex, Kraken, Changelly, Shapeshift, and Poloniex.
Dogecoin has its own customized official e-wallet. You can download the Dogecoin wallet depending on the device and the operating system you use. You will find different wallets for desktop and mobiles. The best option is to visit the Dogecoin official website and follow the needed steps to install the wallet on your device.
After you have installed the wallet on your mobile or desktop, you will need to use the open button to launch it. After you have launched it, you will find your Dogecoin address and Dogecoin balance. There are several options that you can use in Dogecoin such as to send coins, request coins, and scan a QR code to make deposits. You will find your complete transaction history in the wallet.
Cryptocurrencies have become one of the preferred payment options for casino buffs in Australia as they allow for quick deposits and withdrawals. In addition, they have low transaction fees. Considering the ease of cryptocurrencies, more and more Australian real money online casinos are expanding and including digital currencies as payment methods to draw the attention of potential players.
Although there are many Bitcoin casinos in Australia, Dogecoin is slowly making its way and gradually becoming popular amongst players.
First, you will need to install the Dogecoin wallet on your device and look for an online casino where you want to play with cryptocurrency. When you have the needed amount of crypto coins, create your account at the casino and visit the banking page. Here, you will need to choose Dogecoin as your preferred method for depositing funds.
The next step is to go to your Dogecoin wallet and enter your wallet ID and password to log in. Fill in the wallet address of the casino and enter the amount you want to deposit. Push the send button and you are done.
As compared to other cryptocurrencies such as Bitcoin, Dogecoin includes small value amounts, which makes it more affordable and a preferred choice for players who want to start playing with small investments.
Withdrawing money with Dogecoin is as simple as making deposits using it. Once you have collected the winnings, visit the banking page of the casino and choose Dogecoin as your preferred option for withdrawal. Here you will need to enter your wallet address and the amount you wish to withdraw from your casino account.
Once you confirm the transaction, the casino will approve it and you will get your winnings in just a few minutes.
Cryptocurrencies are processed quickly. Dogecoin payments are therefore immediate, and they are also quite light with a block time of around 60 seconds. They have pretty low fees compared to other payment options. In general, online casinos in Australia don’t charge any fees for making deposits and withdrawals through Dogecoins.
Even though Dogecoins were launched as a joke currency, they have proven to be a great alternative for casino players who want to start by making small deposits. The only drawback is that not all online casinos support Dogecoin.
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