Home Litecoin Coinbase Dogecoin giveaway: How to opt in to sweepstakes and how to buy the cryptocurrency

Coinbase Dogecoin giveaway: How to opt in to sweepstakes and how to buy the cryptocurrency

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Dogecoin went stay on Coinbase Pro on Thursday, and to have fun the itemizing, the favored cryptocurrency platform announced it’s hosting a giveaway.

Coinbase is freely giving $1.2 million price of Dogecoin. To be eligible, you have to “opt in” and purchase or promote $100 price of the meme-inspired cryptocurrency by June 10. You’ll be able to commerce $100 suddenly, or a bit of at a time. To enter, click here.

One winner might be awarded $300,000; 10 winners might be awarded $30,000 and 6,000 winners might be awarded $100 — all in Dogecoin. Winners might be notified round June 17.

The sweepstakes is offered to all U.S. residents, besides Hawaii and U.S. territories.

It’s no shock Coinbase Professional has determined so as to add the fan-favorite cryptocurrency to its buying and selling lineup. At one level final month, one Dogecoin was price $0.63 forward of Elon Musk’s SNL appearance. Musk has branded himself on Twitter as “The Dogefather.”

One Dogecoin is at the moment price $0.38, a 21.95% spike inside the previous week, in line with real-time information tracked by CoinMarketCap (Market capitalization is continually altering).

Tips on how to purchase Dogecoin on Coinbase Professional

For those who don’t have already got an account, you simply just need to sign up. Do observe, although, Coinbase Professional has an interface designed for extra superior merchants, whereas Coinbase is less complicated to make use of for inexperienced persons. For those who already personal Dogecoin, you may as well switch it into you Coinbase Professional account.

Coinbase’s regular platform — among the many hottest locations to commerce cryptocurrency — doesn’t assist Dogecoin, however you’ll be able to add it to you cryptocurrency wishlist should you want a extra newbie platform. For those who sign up for a regular Coinbase account, you will also receive $5 worth of Bitcoin for free upon verification of ID.

Dogecoin was created in 2013 by Adobe worker Jackson Palmer and software program engineer Billy Markus, in line with a report by CoinDesk. It’s a play on the favored web meme of a Japanese Shiba Inu branded as “doge.” Its non-serious vibe precipitated it to grow to be a success and entice an enormous following.

What’s cryptocurrency?

Cryptocurrency is a digital asset designed for use over the web, according to Coinbase. It’s decentralized, which means it isn’t managed by the federal government or some other central authority akin to a financial institution.

If you wish to educate your self extra on cryptocurrency and the way it works, you’ll be able to all the time enroll in a web-based course, too. Programs are supplied at on-line platforms Coursera, LinkedIn Learning and Udemy.

For those who’re keen on investing in different cryptocurrencies akin to Bitcoin, Ethereum, Tether and Litecoin, listed below are some choices to get you began:

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Nicolette Accardi may be reached at naccardi@njadvancemedia.com. Observe her on Twitter: @N_Accardi. Discover NJ.com on Facebook. Have a tip? Inform us. nj.com/tips




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