Dogecoin is the original memecoin. Launched back in December 2013 as a parody of the first wave of Bitcoin mania, Dogecoin took as its mascot the Shiba Inu featured in the then omnipresent doge meme (much wow!).
Dogecoin has no defined purpose. Intended as a comment on Bitcoin’s replicability and the low barrier to creating crypto knock-offs, it could perhaps, nine years on, be best thought of as a joke that’s gotten way out of hand.
However, the community that has formed around Dogecoin is undeniably strong (ft. Elon Musk) and its low unit price (courtesy of a 132 billion coin supply) and generally tongue-in-cheek nature means that DOGE has become a common entry point for those getting started in cryptocurrency.
You can store your Dogecoin in a hardware wallet or on a crypto exchange. Hardware wallets allow you to store your crypto offline in a unit that only you have the password for. Exchanges such as CoinJar, keep more than 90% of our crypto in cold storage or private, multi-sig wallets and offer our users next-gen 2FA account protection as default.
Dogecoin was created by Billy Markus and Jackson Palmer in December 2013 as a satire on the Bitcoin frenzy. It’s safe to say that they did not envision where their joke was going to end up.
You can buy Dogecoin in the United Kingdom through CoinJar.
Yes – with CoinJar Instant Buy you can buy Dogecoin with any UK-issued Visa or Mastercard. We also offer support for Apple Pay and Google Pay.
The price of DOGE in GBP is determined by the international Dogecoin market – basically, the price to be found on cryptocurrency exchanges in the UK and all around the world.
Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits. CoinJar’s digital currency exchange services are operated in the UK by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).
The CoinJar Prepaid Mastercard is issued by EML Money DAC pursuant to a license by Mastercard. EML Money DAC is regulated by the Central Bank of Ireland. EML Money DAC is authorised and regulated as an issuer of electronic money by the Central Bank of Ireland under registration number C95957. EML Money DAC is deemed authorised and regulated by the Financial Conduct Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. Registered office: EML Payments, 2nd Floor La Vallee House, Upper Dargle Road, Bray, Co. Wicklow, Ireland. Company Registration number: 423276.
Apple Pay and Apple Watch are trademarks of Apple Inc. Google Pay is a trademark of Google LLC.