Dogecoin remains one of the fastest-growing currencies since 2013, with a market cap that’s more than $11.63 billion (at the time of writing this review) and still growing. This has given it the ability to rank 9th among all other cryptocurrencies — leading to a mass number of crypto casinos supporting Dogecoin gambling!
Understandably, many coins fall before they even attract the audience that they need to grow — but Dogecoin took a new turn at the crucial moment that not many people expected. Today, Dogecoin gambling has become one of the best ways to gamble online.
In this article, we’ll discuss why you should gamble with DOGE and why not.
Let’s get it.
Table of Contents
What is Dogecoin?
Dogecoin is a digital currency that’s growing in popularity rapidly — the coin was founded and launched in the market in 2013 by Founders Billy Markus and Jackson Marker.
The name DOGE was taken from the internet meme Doge which was also trending in 2013. The trending internet meme consists of a picture of a Shiba Inu dog, the one named Kabosu, with captions depicting the dog’s internal monologue.
Initially, the picture of Kabosu(the Shiba Inu dog spread in October 2010, when a Reddit user named papajohn56 posted it with the caption “LMBO LOOK @ THIS FUKKEN DOGE.” but it didn’t get popular until 2013.
After the launch of Dogecoin, a lot of people on the internet (specifically on social media such as Twitter and Reddit) referred to it as a joke coin, which in reality made its popularity grow every day. During that time, many people who knew about it on Reddit and Twitter even used it to transfer small amounts of funds at very low volumes which helped it to gain traction from these communities.
Over a short period, the coin grew to have a large online community and an increased market value. When DOGE was started it was worth a fraction of a fraction of a cent but today, the coin is ranked 9th among the most popular cryptocurrencies with a market cap of $11.63 billion.
What is gambling with Dogecoin?
Dogecoin has grown in popularity and almost all online casinos support it as a payment method. Today, it’s easy to gamble with Dogecoin, once you’ve created an account on a casino that supports Dogecoin and made a deposit, then choose your favorite casino game to place bets with DOGE.
Gambling with other cryptocurrencies is similar to Dogecoin gambling on online casinos and has its main perks which include welcome bonuses, VIP clubs, instant payouts, and support for thousands of games.
There are a lot of casinos that support Dogecoin, but we recommend Stake.com because it has every casino product imaginable, including thousands of table games from different software providers.
The benefits of Dogecoin gambling have impressed millions of investors including the gamblers as the coin skyrocketed into the top 15 cryptocurrencies today.
Casinos that accept Dogecoins give gamblers the benefits of improving their overall gambling experience, in ways that include:
Reputation and Authority
Just as you play at a reputable casino when gambling with fiat, you can equally at the same casino when gambling with DOGE. That’s because most online crypto casino sites are also licensed to a gambling authority which allows them to create a safe gambling environment for their players.
Bonuses and Promotions
Dogecoin casino sites also offer its users a wide range of bonuses and promotions. Just as most casinos do, these bonuses and promotions may involve the player fulfilling a wagering requirement or completing a certain task.
Dogecoin casino sites offer a wide range of casino games from popular software providers which might be hundreds or thousands of games depending on the casino. It’s basically the same game you play on other casinos with fiat — the only difference is that you’ll be able to bet with DOGE. Except for casinos that have casino-exclusive titles that you won’t be able to play elsewhere but only on the specific casino.
Fast processing system
Unlike gambling with fiat, you can experience a faster processing system when you deposit and withdraw Dogecoin from an online casino. Dogecoin runs on the SCRYPT algorithm which enables its transactions to be processed immediately. So, no more waiting for hours for your deposit or payout to be processed with Dogecoin!
Most crypto casinos have 24/7 customer support who are available to reply to their users’ queries and inquiries whenever they need someone to talk about anything relating to the casino services.
Why you should gamble with Doge and why not?
Even though Dogecoin casinos offer a wide range of benefits to its users, there are other reasons why it’s worth gambling with Doge and these include:
Decentralised and Transparency
Dogecoin gambling gives you an environment of complete trust and transparency. When gambling in a casino, you’ll able to use features such as provably fair games, clear communication with no fine print, and streamlined deposits and withdrawals, which makes everything transparent.
If there’s one reason why most people love gambling with Dogecoin or other cryptocurrencies, it’s because they want to stay anonymous. Most Dogecoin casinos don’t require their players to perform any sort of Know Your Customer verification. All that is required is to deposit and start betting on your favorite events.
Strong security system
Similar to other cryptocurrencies, Dogecoin offers a strong security system where its transactions are processed within its decentralized blockchain network — which is impressive as centralized organizations like banks and even the government won’t have access to your transactions.
Gambling with DOGE has a lot of benefits, however, one of the significant disadvantages of gambling with Dogecoin is that since the government or financial institution has no control over crypto casinos, there is no assurance that your money will be secure, especially when it’s an untrustworthy or unlicensed casino. So be sure to always make use of a crypto casino which licensed and trustworthy!
Another thing to also keep in mind when gambling with cryptocurrencies including Dogecoin is the high volatility — which means that people can change their opinion about a specific coin and its price value is most likely to change quickly, as investors pull out from it.
Dogecoin is trending more than ever recently! It has become a popular coin among gamblers and in popular crypto casinos where you can receive huge sign-up bonuses and VIP rewards while playing thousands of games and experiencing near-instant withdrawals.