Buy Dogechain (DC)
What is Dogechain?
Dogechain is an EVM-compatible layer-2 blockchain designed to complement the original Dogecoin cryptocurrency by providing enhanced scalability, security, robustness, and utility through smart contracts. It enables users to leverage blockchain technology beyond the limitations of Dogecoin by supporting DeFi platforms, NFTs, and other decentralised applications.
How does Dogechain work?
Dogechain functions as a separate blockchain built on the Polygon Edge framework, which allows for EVM compatibility and supports smart contracts. It utilises the IBFT Proof-of-Stake (PoS) consensus mechanism, ensuring decentralisation and secure transactions by relying on a network of validators. This setup facilitates various operations like staking, governance, and the creation of NFTs, all while maintaining cross-chain compatibility.
What are the potential use cases for Dogechain?
Dogechain opens a range of use cases, including:
- DeFi Applications: Facilitation of decentralised finance services such as token swaps, staking, lending, and more.
- NFTs and Gaming: Support for the creation and trading of Non-Fungible Tokens and blockchain-based games.
- Cross-Chain Interoperability: Interaction with other blockchains for seamless asset transfers and broader platform integration.
- Community Initiatives: Extensions of Dogecoin's community-driven projects into new domains like charity and crowdfunding using enhanced blockchain features.
What is the history of Dogechain?
Dogechain was developed separately to enhance the utility of Dogecoin and was not created by Dogecoin's original founders, Billy Markus and Jackson Palmer. Launched to provide smart contract functionality and improved transaction processes, Dogechain has positioned itself in the market with a focus on integrating Dogecoin's ethos into a broader blockchain ecosystem. The platform has significantly grown since its listing in 2022, attracting attention for its utility and community engagement endeavours, setting itself apart from the original Dogecoin project.
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Frequently Asked Questions (FAQs)
What is the current price of Dogechain (DC)?
The Dogechain price is $0.00046832 AUD, representing a +22.52% from the day prior.
Where is the best place to buy Dogechain (DC) in Australia?
The best place to buy Dogechain (DC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Dogechain (DC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Dogechain (DC)?
The trading volume of Dogechain (DC) is $2.2M AUD in the last 24hrs, representing a +22.52% from the day prior.
How can I buy Dogechain (DC)?
Dogechain (DC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Dogechain (DC)?
The current market cap of Dogechain (DC) is $16.9M AUD.
Can I convert Dogechain (DC) to cash?
Yes - With Coinstash you can convert your Dogechain (DC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Dogechain (DC) are there?
The current circulating supply of Dogechain (DC) is 35.5B.
Is Coinstash a safe place to buy Dogechain (DC) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Dogechain (DC) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.