The internet is a funny place. What started as a joke is now one of the most sought-after cryptocurrencies with a market value of roughly 54 billion dollars, and a circulating supply of over 130 billion tokens. We’re talking about Dogecoin of course, based on the popular internet meme Doge, featuring a Shiba Inu dog as its logo.
The coin may have its origins as a meme, but we are not kidding when we tell you that you can easily trade Dogecoins on the SmartFi platform, with three pairs – DOGE/SFUSD, DOGE/USDT and DOGE/USD supported.
As of today, SmartFi users can easily buy or sell Dogecoins on our SmartPortal using either fiat (USD) or the USDT stablecoin with more trading pairs in the pipeline. For now, if you wish to purchase DOGE, all you need to do is load funds into your SmartFi wallet, head over to SmartExchange and look for DOGE in your preferred trading currency.
It takes just a few minutes to create a SmartFi account and a few more to link your bank account. Once your account has been set up, you can buy these tokens directly with dollars.
Start trading on the SmartFi portal with SFUSD tokens as there are no transaction fees for acquiring, buying or using it unlike other stablecoins. You could also earn interest on SFUSD tokens deposited in your account. SmartFi Tokens (SMTF) entitle the holder to certain benefits. The SmartLevel loyalty system rewards users with gaining interest on deposits, discounts on SmartLoan interest rates and SmartExchange trading fee refunds.
Dogecoin, created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, is a fork of Litecoin. It debuted as a joke currency on 6th December 2013, but soon gained popularity by reaching USD 60 million in market capitalization and an enviable online community of its own. The initial coin production schedule was pretty rapid, with over 100 billion coins in circulation by mid-2015. Every year almost 5.256 billion coins are additionally mined.
This coin earlier gained traction as a tipping system on popular social networks Twitter and Reddit, as a user-based incentive for creating or promoting good content. The Dogecoin community is quite active with regard to fundraisers being organized for genuine causes. Elon Musk recently tweeted about how he “was working with DOGE developers to improve system transaction efficiency” and said that the work was “potentially promising”.
SmartFi is the next-gen platform for digital finance. From obtaining SmartLoans backed by crypto, to industry-leading interest rates on crypto holdings through SmartInterest. From trading crypto instantly via SmartTrade to mass trading with low trading fees on the SmartExchange, we are a digital wealth creation platform catering to the needs of everyone – regardless of whether you are a new or an experienced crypto user.
SmartFi does not make any investment recommendations. Neither the listing of a digital currency on this website nor any other communication, whether made through this website or in any other way, should be construed as a recommendation to buy or sell any security.