What is Dogecoin?

Dogecoin (DOGE) cryptocurrency created in 2013. As the logo of the cryptocurrency, they chose a dog of the Shiba Inu breed, which a few years ago beat the records of popularity in memes with the song. Dogecoin is derived from Litecoin and it was created for fun, as a parody Bitcoin . Today, however, Dogecoin is a currency far from a joke. Dogecoin was designed as a user-friendly, decentralized cryptocurrency with lower transaction fees than Bitcoin. Currently, Dogecoin can even be found in some online casinos, although the number of platforms is still limited.

Dogecoin Casino – what is it?

Dogecoin casinos have blockchain-based security that is better than in traditional online casinos. Although cryptocurrencies are not yet on the agenda in online casinos, more and more platforms are choosing to make them available among their payment methods.

As with everything else, when searching for your Dogecoin casino, it is very important to check carefully whether the platform in question is trustworthy. Below we have decided to present a few online casinos available on South African market that support Dogecoin payments:

Just Bit Casino

Just Bit Casino it is mainly focused on cryptocurrencies, although players also have possibility to deposit money by classical methods . An important point is that withdrawals can only be made by customers whose identity has been confirmed.

Unfortunately, the casino does not grant a welcome bonus at this time, however, each new player can count on personal promotions, 10% cashback and temporary promotions.

Mbit Casino

MBit casino is a 100% cryptocurrency casino, which means that the player will not find the opportunity to deposit classic currency here. The casino has several thousand titles in its library, and each new player can grab extra cash and free spins for the first three deposits.In addition, the casino grants its players daily cashback and various top-ups and special promotions for their activity on the platform.

Using Dogecoin in a casino step by step

In order to be able to deposit Dogecoin into a casino, you must of course have it first. Any cryptocurrency can be purchased on exchanges for classic currency or other crypto. After that, Dogecoin should be placed in the wallet so that it can be used to pay or transfer.

Some casinos allow you to make deposits in Dogecoin directly using a cryptocurrency wallet. The exact way to use Dogecoin in cryptocurrency casinos will of course vary from site to site, however, the general rules are as follows:

• Go to the casino or banking section of your casino account
• Choose Dogecoin as your payment method
• Enter the amount you want to deposit
• The casino will generate a one-time Dogecoin address to which you can send money
• Enter this address into your cryptocurrency wallet along with the amount you want to send
• If you have a lot of digital assets in your wallet, make sure you send DOGE!
• The money should appear immediately in the casino account

Limits, fees and processing time of Dogecoin payments in casinos

Most casinos that offer cryptocurrency payments do not charge players any additional fees for deposits or withdrawals. However, it should be remembered that such commissions can be collected by the wallet in which the cryptocurrency is stored. Therefore, we recommend that you carefully check the terms of the wallet fees before placing your cryptocurrencies in it.

As for Dogecoin deposit limits, they depend on each casino, but most cryptocurrency casinos allow players to deposit up to 5 BTC or the equivalent of that amount per month, which, as you can easily imagine, is more than enough for most players. However, the player will be notified of any limits when depositing or withdrawing money.

Tips for using Dogecoin in an online casino

To make it easier for everyone to start their Dogecoin casino adventure, we have prepared some tips that can be useful before you start playing.

• Check the deposit and wagering limits at the casino before you sign up

Many casinos do not allow cash withdrawals before any betting, which can prove problematic if the player deposits money before checking the betting limits and deposit rules. As a result, it may turn out that by not checking the information, the money was lost, because there is no possibility to withdraw it, or playing with it brought losses.

• Take a close look at your portfolio

Cryptocurrencies have been heavily exposed to various attempts of fraud and extortion for years. There are plenty of wallets on the web that are not honest with users or charge much higher commissions than their competition. Therefore, it is always a good idea to check the reputation of a given platform before placing your money on it.

• Cryptocurrency for fun

Since large fluctuations in the Dogecoin exchange rate are not expected in the near future, one should not expect growing profits from its possession. Your winnings in the casino will not suddenly become worth much more. In the case of this coin, the joy of the game remains in the foreground.

Dogecoin casinos: advantages and disadvantages

Online casinos powered by Dogecoin , metaverse cryptocurrency casinos they offer many benefits. First, with cryptocurrency, you can make more anonymous payments, since it is not necessary to disclose your bank account or credit card details. In addition, these payments are in most cases booked immediately. Dogecoin payments are also much cheaper than Bitcoin, for example.

One of Dogecoin's biggest drawbacks is the lack of major upgrades since 2015. Since this currency is created and updated by a group of volunteers, the lack of changes in the security system can lead to potential threats. Dogecoin is also a much less popular cryptocurrency in casinos than, for example, Ethereum or Litecoin, which means that many platforms still do not support it, despite the numerous advantages mentioned above.

How to find a safe and trustworthy Dogecoin casino

First of all, the casino chosen by the player must have a license. For casinos that support cryptocurrencies, some of the most popular licenses are those issued in Curacao. In addition, player data should be SSL encrypted and customer support available in case of problems encountered. To make sure that a given casino is honest, it is a good idea to check the ratings and comments of players on various online forums. Users should also be able to set their own limits and take a break from the game.

Summary

Dogecoin, which was originally supposed to be a joke with Bitcoin, knew its own place in the world of cryptocurrencies and is doing really well in it. It is also an interesting choice when it comes to currency to play at an online casino. Although Dogecoin is a much cheaper currency to use than other cryptocurrencies, the availability of casinos accepting this method is still quite limited.