Esports Bookmakers Accepting Dogecoin

Dogecoin (DOGE) is an open-source cryptocurrency derivative of Luckycoin based on Litecoin. Its proof of work mechanism uses script technology. The coin was launched on December 6, 2013, by two software engineers- A Portland, Oregon-based IBM programmer Billy Markus and his pal Jackson Palmer, an Adobe Inc. product manager from Sydney, Australia.

While it began as a joke, bearing the logo of the Shiba Inu dog, DOGE gradually attracted the masses, hitting a market cap of more than $85 billion by May 2021.

Jackson Palmer wanted to poke fun at cryptocurrency hype, and people called him a skeptical analyst. His tweets received lots of positive feedback when he introduced Dogecoin.com.

Meanwhile, Billy Markus was trying to develop a cryptocurrency, but his marketing efforts were fruitless. He reached out to Plamer and leveraged the Dogecoin buzz to sell software that is now the real Dogecoin.

Before placing a deposit, check for any new player bonus codes and other promotions. Then, when ready, follow these instructions:

• Open an account with an eSports bookmaker and log in
• Make sure the site accepts DOGE. In addition, Dogecoin should appear on the list of available payment options in the cashier section.
• Navigate to the deposits tab and click on 'Dogecoin' as your preferred deposit method
• You will see a new window where to initiate the transaction
• Provide your Dogecoin wallet address and login details
• Scan the QR code provided by the esports operator or enter their digital wallet address
• Enter the amount in DOGE you wish to deposit. Some sites will as ask you to specify the amount in USD and convert it into DOGE
• Confirm the transaction and click send
• Your betting balance will reflect in a few minutes

Using Dogecoin in Esports Websites

The Dogecoin is mined every minute and is stored in a crypto wallet. This wallet cannot be connected to a bank because almost all countries do not have formal regulatory policies for DOGE.

With Dogecoin as a deposit method for esports, you will make a free transfer to an esports bookmaker. If there's any fee, it is up to the gambling website, which is rare. You can transact with any amount with DOGE, but ensure it is within the operator's deposit limit.

If you are wondering how fast the cash out takes, the answer is it depends. Of course, it is quicker than standard banking methods, but only after the esports site approves your withdrawal. The site may take up to 48 hours to verify your credentials.

There is no delay in the blockchain system because the Dogecoin ledger processes numerous transactions per minute. Ideally, you should expect the winnings in your account in a day or two.

The good news is that the Dogecoin system doesn't charge processing fees for esports gambling withdrawals. A bookmaker will only charge a fee during an inter-crypto exchange, which will be negligible.

The first step to using DOGE for wagering online is to buy the coins. Cryptocurrency is not fiat money, so there's no way you can walk into a financial institution and buy some. The process of acquiring Dogecoins is conducted online.

Start by registering with a reliable crypto exchange platform like Binance. Wait for your profile to be verified through email. Then, you can browse the available cryptos in the open market and see whether DOGE is worth investing in.

It is possible to buy DOGE with internationally accepted debit and credit cards. Alternatively, you may exchange Bitcoin, Ethereum, or Rippel for Dogecoin. Once the coins are ready for transfer, the exchange will store them in your wallet, and you won't be charged a dime.

Dogecoin wallet providers can be contacted directly on their web pages through the following means:

• Live chat
• Email
• Help/FAQ page

Detailed guides answer issues like the crypto's usage, pricing, and billing on the exchange site. Conversely, licensed Dogecoin esports betting sites to provide impeccable customer service. In addition, the support department may have a telephone line to ensure that urgent matters are resolved as soon as possible.