Dogecoin Casino Guide Best DOGE Casinos of 2023

Among all Dogecoin bonuses, FortuneJack once again stands out with the biggest amount of free spins as part of their first deposit bonus:

• 110 % up to 1.5 BTC + 250 free spins, wagering: 30x on bonus and 50x on free spins

And what makes this bonus even better is this: The number grows up to 350 free spins if you decide to use the extra 100 no deposit free spins with 0x wagering!

I only list casinos which allow you to play with Dogecoin. Some Dogecoin casinos will convert it to their internal currency when you make a deposit, and then convert it back to DOGE at withdrawal. But if this is the case, the casino does so for all currencies and not just for DOGE; it’s just the way they operate.

You can play almost all games with Dogecoin just as you would with Bitcoin, for example. Some game providers have certain restrictions in regards to which coins can be used for playing their games. But if a casino offers the option to play with Dogecoin, then they also have a large collection of Dogecoin games available, whether you prefer Dogecoin slots, poker, roulette, blackjack or some other table game or live game.

Dogecoin has fast transactions and very low fees. This is why it is the most common coin to be used for tipping across different forums and communities.

Dogecoin mining is much easier and cheaper compared to Bitcoin. This, combined with the fact that there is no upper limit to how many tokens can exist, Dogecoin stays low in value, which means less risk due to volatility, but also lower value of the coin.

Since there is a lot of Dogecoin in circulation, many casinos offer it as a payment option and the support for Dogecoin is relatively good.

Dogecoin is, surprisingly, being used in transactions of higher value than a lot of other coins. Median transaction values are around three to four hundred dollars. This is of course due to the sudden rise in value, as the number of transactions made has stayed the same.

Being based on Bitcoin, Dogecoin shares most of its benefits, albeit with a different mining algorithm (scrypt). This makes it immune to 51 % attacks from larger Bitcoin mining farms – because they operate on a different mining algorithm (SHA-256).

The average block time for Dogecoin is 1 minute, so even if you select a lower fee, your transaction will be confirmed in a short time.

Dogecoin is a viable option even for small transactions, because although fees are reaching $2 the fast transaction speeds make up for this to some extent.

Historically, Dogecoin has been used in internet communities as a tipping crypto, being used to tip creators and others tiny amounts like 50 cents or a dollar. The recent transaction fee spike has made this use case obsolete, as tiny tips like these make no sense when you essentially have to pay twice.

Dogecoin is a cryptocurrency with an uncertain future. If it continues in the direction where it is heading now, it will continue to see more usage as a medium for large transactions, if fees continue to rise. But as of now, Dogecoin’s transaction fees, even though they represent a huge percentage of the worth of one coin, are still low enough to allow Dogecoin usage in small or large transactions.

1. Decentralization: Like other cryptos based on the proof-of-work algorithm, Dogecoin is provably decentralized. This means that no single entity can govern and control the blockchain, and due to it being public any discrepancy would be noticed.
2. Safety: With many new nodes appearing as Dogecoin rises in popularity, the coin also gains security because a wider node network provides exactly that. Mainstream acceptance is also a point in favor to Dogecoin.
3. Scalability: Being almost identical to Bitcoin in design, Dogecoin transaction fees have risen along with the rise in popularity. The block time of Dogecoin negates this issue, but apparently not enough since the fees are not that low, especially compared to what they had been in the past.

Dogecoin is very similar to Bitcoin in this regard: The transaction fees depend on the amount of space that your transaction takes up in the block and the demand for this space.

Like Bitcoin, Dogecoin’s block size is set to 1 MB, with the major difference being block time. With Dogecoin a new block is mined every minute, making the small block space less of a limiting factor.

Currently, the demand is extremely high as Dogecoin was blasted into mainstream popularity because of its incredible bull run this year. It comes as no surprise that the fees have also risen.

The effect of coin value on transaction fees is very prominent in the case of Dogecoin. In the past, transaction fees were tiny, usually 1 DOGE.

Because of the massive surge in Dogecoin this year, from all the media coverage, celebrity endorsements and mainstream acceptance, trading in Dogecoin has risen. The initial growth brought in more people, and in this way, the value of the coin is impacting transaction fees.

There are no Dogecoin NFTs that we are currently aware of. But do stay tuned – this is a fast-growing area and if DOGE adds NFTs, you will be able to find information right here!