Dogecoin Allows Users to Purchase Gift Cards with the MyDoge Wallet
The latest feature will allow users to use their Dogecoin balance to buy gift cards directly on the MyDoge wallet.
MyDoge, a top self-custodial social Dogecoin wallet, has launched a feature that allows users to purchase their favorite gift cards directly on the app using their Dogecoin (DOGE) holdings. The developers recently included the feature in its latest app update, version 1.6.0, following an announcement last month from founder Alex Lewis.
MyDoge first drew public attention to the development through its official Twitter handle last Saturday, with a reiteration of the announcement on Tuesday. “You can now buy gift cards with Dogecoin,” the team disclosed in a tweet yesterday, advising users to update to v.1.6.0.
Numerous users and DOGE proponents have received the development well, with the comment section littered with excitement. Some users have already begun leveraging the feature, purchasing gift cards from several brands such as PlayStation and Visa.
As of press time, the feature is already live, included in the app’s newly-introduced “Shop” section. Brands currently available depend on the user’s location, but notable amongst them are Hotels.com, PlayStation, Visa, Amazon, Xbox, and Binance. Additionally, the team has included an “Earn” feature that rewards cashbacks on DOGE purchases with fiat.
Growing Adoption of Dogecoin Wallet “MyDoge”
Launched in the beta phase precisely a year ago, MyDoge provides DOGE proponents with a platform they can leverage to self-custody their holdings seamlessly. Over the months, the app has included several features to improve the in-app experience. Some of these features include Dogeverse – a social platform – and an opportunity to buy DOGE with fiat.
As developments unfold, MyDoge has seen a recent surge of user onboarding, especially following the collapse of FTX last month, which put investors’ confidence in centralized exchanges to the test. Crypto proponents, including DOGE users, have resorted to self-custodial solutions to hedge against a similar incidents.
Read More:
Ethereum Price Prediction 2025-2030
BTCC Sign up – How to Register an Account on BTCC
What Is Futures Trading in Crypto? A Guide for Beginners
When Will Pi Coin Launch: Pi Network Phase 4 Release Date
Is Pi Network Legit Or Scam: Pi Coin Real Or Fake?
Hooked Protocol Price Prediction: How High Will HOOK Coin Go?
Wild Cash App by Hooked Protocol: Answer Quiz to Earn $HOOK
Gasoline Price Prediction 2022,2030: What Will It Be In Next Five Years?
Metamask Airdrop – To Get $MASK Token For Free?
Moon Bitcoin Review – Your Best Chance to Get Free Bitcoins
ADA Cardano Price Prediction 2025, 2030
ETC Price Prediction 2025-2030: Will Ethereum Classic Go Up?
LUNA Classic Burn: Will LUNC Burn Its Supply?
Terra LUNA 2.0 vs. Luna Classic (LUNC): What Are the Differences?
Luna Classic Price Prediction: Will Luna Classic Reach $1?
CRO Crypto Price Prediction 2025: Will CRO Coin Ever Reach $1?
HBAR Price Prediction 2030: How Much Is HBAR Worth in 2030?
Register now to begin your crypto journey
Download the BTCC app via App Store or Google Play
Follow us
Scan to download
Exchange for a better future
- Terms & Agreement
- Customer Service
Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
The world’s longest-running cryptocurrency exchange since 2011 © 2011-2024 BTCC.com. All rights reserved