Newegg has announced that it now accepts Dogecoin as an official payment method. Dogecoin’s prices have skyrocketed, increasing more than 19,000% in market value from the previous year, and as such, more and more companies are taking this cryptocurrency coin more seriously and are no longer treating it as a meme.
Newegg Announces That Its Customers Can Now Pay In Dogecoin As An Official Payment Method
One of the main reasons for its rise in value was the support of Elon Musk, who recently tweeted about cryptocurrency. While other big players in the cryptocurrency market have also seen a huge rise in recent months (Bitcoin / Ethereum), Dogecoin has taken the lead with huge gains.
At the moment, Dogecoin is priced around $ 0.4, up from just $ 0.06 a year ago. For example, to buy a $ 1,000 graphics card like the NVIDIA GeForce RTX 3080 or AMD Radeon RX 6800 XT, you’d have to pay 2,500 Dogecoin (at its current value). Newegg has provided more details on how users can transact using Dogecoin as their official payment method here. You can also read the full press release below:
April 19, 2021 – Los Angeles, CA – Newegg, one of the leading tech-focused e-retailers in North America, today celebrates #DogeDay by announcing that the company now accepts Dogecoin as an official payment method on .
Newegg has been quick to embrace the shift to cryptocurrency. In 2014, the company was the first major e-retailer to accept Bitcoin for purchases made on the Newegg platform. Similarly, Newegg is among the first to enable customers to pay with Dogecoin while shopping online.
“The excitement and momentum around cryptocurrency are undeniable, and the recent surge in Dogecoin value underscores the need to make it easier for customers to make purchases with this popular cryptocurrency,” said Andrew Choi, Sr. Brand Manager of Newegg. “We’re committed to making it easy for our customers to shop however works best for them, and that means letting them complete transactions with the payment method that suits them best. To that end, we’re happy to give Dogecoin fans an easy way to shop online for tech.”
When completing an order on here for full details about paying with BitPay on ., customers who want to pay with Dogecoin simply click “Edit” in the payment section on the checkout page, then select BitPay. Customers can then complete their transactions using Dogecoin held in their digital wallet. Click