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Author Topic: DOGE fees still low.  (Read 1205 times)
Nahl
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May 20, 2017, 02:35:56 PM
 #21

the fees are low and the confirmations of transactions currently faster than bitcoin but unfortunately Doge users still very less if we compare with bitcoin users even this coin has so popular but sometimes i use Doge for gambling because i considering The things I mentioned above
erick94
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May 20, 2017, 04:07:02 PM
 #22

Low doge cost maybe due to low and still unlimited amounts such as bitcoin or altcoin that are so drastic that price

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nutildah
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June 30, 2022, 04:32:26 AM
 #23

Fast-forward 5 years:

Dogecoin fees are still low!

Elon was mocked for this tweet in May of last year:



but he actually made good on his promise, and it manifested in the form of a massive reduction of fees.

https://finance.yahoo.com/news/dogecoin-doge-fee-reduction-upgrade-220940366.html

Basically, you can send txs with fees as little as 0.01 DOGE now, though 0.02 DOGE is recommended. This makes transacting far cheaper than BTC and far, far cheaper than ETH.

With a decent distribution, solid backers and a committed development team, the future of DOGE is perhaps brighter now than it ever was.

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BlackBaron
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June 30, 2022, 06:50:14 AM
 #24

One thing I have to admit about Doge is the fees are so low, and the chain still secure....it can actually  be used for tipping and buy my coffee etc.
I.e.

I don't have to care much when sending some doge

The average shipping fee of DogeCoin is about 5 doge/transaction, when compared to the current doge price, it only costs $0.3, this includes a low fee, if you have a restaurant that accepts doge, it's the most perfect thing for you to shop and your coffee transaction.

I believe doge can be a good digital currency to use in daily transactions, restaurants, etc.


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