With regards to cryptocurrency, Bitcoin is king. Nonetheless, there are just a few new rising stars available on the market, and considered one of them is DogeCoin. What was once a joke of a foreign money is now one of many hottest cryptos to purchase because it lately shot up in worth. However wait, why are we speaking about cryptocurrency and DogeCoin swiftly? Effectively, that is as a result of one dealership within the US is now accepting DogeCoin as a mode of cost.
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 as a consequence of its excessive volatility. However, DogeCoin itself is nearly as good as money.
Sadly, you may’t use Dogecoin completely to purchase a automobile. As an alternative, you need to use it for a down cost 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 price for DogeCoin customers. Additionally, you solely have till February 12, 2021, to purchase utilizing the mentioned foreign money.
In the present day, it is fairly frequent 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 automobile cost. 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 should you’re sitting on a ton of DogeCoin, why not purchase your self a model new Nissan? It will not cowl all the bills, however at the very 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”.