How to Buy Dogecoin for Asian Countries
Dogecoin is a cryptocurrency invented by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system that is instant, fun, and free from traditional banking fees. Dogecoin features the face of the Shiba Inu dog from the "Doge" meme as its logo and namesake.
Dogecoin didn't become as massively successful as the likes of Bitcoin and Ethereum, though it succeeded in quickly developing a community of enthusiasts. The currency also made a 300 percent jump in its value in just 72 hours of its launch — growing from $0.00026 to $0.00095.
Similar to other cryptocurrencies including Litecoin and Luckycoin, Dogecoin uses password-based scrypt technology. This makes it different from Bitcoin that uses SHA-256 encryption.
You can register a free wallet for dogecoin either at Freewallet, Coinomi, etc. Most of the wallets available offer deposit and exchange service, but most of them didn't offer withdrawal to your local bank account.
How to withdraw your cryptocurrencies money to local bank account? ( Asian Countries - In Malaysia, Indonesia, Singapore, etc)
1. Sign up to Luno
2. In Luno, it didn't offer Dogecoin wallet, so you need to exchange your Dogecoin to either Bitcoin, Ethereum, Ripple or Litecoin then send to your Luno account. Withdrawal usually 1-2 days on working days.
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