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Dogecoin (DOGE)

What is Dogecoin?​

Here are 5 key points about the Dogecoin Blockchain:

  • Dogecoin (DOGE) was created on December 6, 2013 by software engineers Billy Markus and Jackson Palmer as a lighthearted and meme-inspired cryptocurrency based on the popular "Doge" meme featuring the Shiba Inu dog breed.
  • Dogecoin uses the Scrypt proof-of-work (PoW) consensus algorithm, similar to Litecoin and thus allows it to be merged mined with it. This means that Dogecoin miners can simultaneously mine both Dogecoin and Litecoin.
  • Dogecoin has no maximum supply. Dogecoin miners earn 10,000 DOGE per block, and each block is created every minute. There are 14,400,400 new DOGE created per day.
  • Transactions are fast and inexpensive, making it suitable for everyday transactions and microtransactions. The network has a high transaction throughput and low fees, enabling quick and efficient peer-to-peer transfers of value.
  • Dogecoin has a strong and active community known for its friendly and inclusive culture. The community often engages in charitable initiatives, fundraising campaigns, and memes, contributing to Dogecoin's unique identity and widespread popularity.
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Learn more about Dogecoin by reading the Gem Wallet Learn article:
What Is The Dogecoin Blockchain?

Dogecoin on Gem Wallet​

Gem Wallet has full support for Dogecoin and can be used for the following:

  • Buy Dogecoin (DOGE) with fiat using debit/credit cards.
  • Hold Dogecoin securely.
  • Send Dogecoin to any Dogecoin wallet.
  • Receive Dogecoin with the uniquely generated DOGE address.

Dogecoin on Gem Wallet Dogecoin Chart on Gem Wallet

How to Get Dogecoin?​

Here are some ways to acquire some Dogecoin:

  • Buy Dogecoin (DOGE) directly on the Gem Wallet app.
  • Receive Dogecoin with the unique Dogecoin address on the Gem Wallet app.

Buy Dogecoin on Gem Wallet Receive Dogecoin on Gem Wallet

Transaction Fees on the Dogecoin Blockchain​

The fees on Dogecoin are summarized as follows:

  • Dogecoin transfer fees are relatively low compared to other cryptocurrencies, making Dogecoin suitable for small-value transactions and everyday use.
  • While Dogecoin generally maintains low fees and fast transaction times, network congestion during periods of high demand can lead to increased transaction fees and slower confirmation times.

Dogecoin Fees on Gem Wallet Dogecoin Transaction on Gem Wallet

How to Check DOGE Balance?​

Gem Wallet app connects to the Dogecoin Blockchain to show the DOGE balance on your wallet. Tap on the 3 dots then tap on View address on Blockchair.

View Dogecoin on Blockchair Link Dogecoin Address on Blockchair

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Blockchair is the default DOGE explorer of Gem Wallet. You can manually check balances and transactions by going to Blockchair and search for your DOGE address.