Relating to cryptocurrency, Bitcoin is king. Nonetheless, there are a couple of new rising stars available on the market, and one in every of them is DogeCoin. What was a joke of a forex is now one of many hottest cryptos to purchase because it not too long ago shot up in worth. However wait, why are we speaking about cryptocurrency and DogeCoin unexpectedly? Properly, that is as a result of one dealership within the US is now accepting DogeCoin as a mode of fee.
We’re not joking. Daytona Nissan in Florida, USA, introduced on their website and Facebook page that they now settle for DogeCoin. The dealership recommends changing DogeCoin to USD because of its excessive volatility. However, DogeCoin itself is nearly as good as money.
Sadly, you may’t use Dogecoin totally to purchase a car. As an alternative, you should utilize it for a down fee of as much as an equal of USD 5,000 or roughly PHP 240,175 on the present alternate price. There’s additionally a 25% comfort payment for DogeCoin customers. Additionally, you solely have till February 12, 2021, to purchase utilizing the stated forex.
At the moment, it is fairly widespread to see or hear about Bitcoin utilized in related transactions. Nonetheless, that is most likely the primary time an up and coming cryptocurrency has been accepted as car fee. Earlier than February, the worth of the cryptocurrency was lower than USD 0.01 or roughly PHP 0.50. It wasn’t till this month did the worth skyrocket.
So when you’re sitting on a ton of DogeCoin, why not purchase your self a model new Nissan? It will not cowl the entire bills, however at the least it can save you round PHP 240,000 in money. Or, you may sit on it much more and hope it “goes to the moon”.