Dogecoin (DOGE) Gets a Boost with BitPay, Coinflip’s Payment Support
Crypto Guide
Live News

Dogecoin (DOGE) Gets a Boost with BitPay, Coinflip’s Payment Support

March 5, 2021      Jafrin Ahmed

BitPay, a crypto payments company, just added Dogecoin (DOGE) to its list of accepted coins alongside Coinflip, a crypto ATM operator, that has lent its support to Dogecoin (DOGE) too. BitPay has decided to partner with Dallas Mavericks being the first merchant to sign on to accept it as payment. Meanwhile, Coinflip has announced Dogecoin (DOGE) is available for purchase at its 1,800 crypto ATMs in the United States.

BitPay to Accept Dogecoin Partners with Dallas Mavericks

Dallas Mavericks is the second NBA team that accepted Bitcoin as a payment method for game tickets and merchandise for almost two years. The team has now partnered with BitPay to accept Dogecoin (DOGE) as a payment.

Like Bitcoin, Dogecoin transactions will be done through the crypto payment processor, BitPay.

READ  Elon Musk Excited About SEC Investigation Over His Dogecoin Tweets

The owner of the Dallas Mavericks, Mark Cuban, commented:

“The Mavericks have decided to accept dogecoin as payment for Mavs tickets and merchandise for one very important, earth-shattering reason because we can. We have chosen to do so because sometimes in business you have to do things that are fun, engaging, and hopefully generate a lot of PR.”

Coinflip ATM Adds Dogecoin Support

Major crypto ATM network, Coinflip announced this week that Dogecoin (DOGE) has now been listed on its 1,800-terminal network. Coinflip is the leading Bitcoin ATM provider in the United States.

Daniel Polotsky, CEO and Co-Founder of Coinflip, said:

“Given its growing popularity and recent mass adoption, we are dedicated to making sure that Dogecoin is a part of our portfolio of coins, and encourage further support of this cryptocurrency in the coming months.”

Dogecoin was started as an internet meme and has grown to a near $10 billion market cap in recent months. Despite the cryptocurrency’s volatility, DOGE has had a steady climb in recent months. It’s up from 825.24% year-to-date.

READ  Robinhood to Provide Crypto Lending and Staking Services

The coin has been pumped many times due to support from celebrities such as Tesla and SpaceX CEO Elon Musk, Snoop Dogg, Gene Simmons, and Kevin Jonas.

#BitPay #Coinflip #Dallas Mavericks #DOGE #Dogecoin
Jafrin Ahmed
Jafrin Ahmed

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.