The latest feature will enable users to purchase gift cards directly from their Dogecoin balance on MyDoge Wallet.MyDoge is a top-level self hosted social Dogecoin wallet
The latest feature will enable users to purchase gift cards directly from their Dogecoin balance on MyDoge Wallet.
MyDoge is a top-level self hosted social Dogecoin wallet. It has launched a function that allows users to use their Dogecoin (DOGE) to directly purchase their favorite gift card on the application. After founder Alex Lewis announced last month, developers recently included this feature in their latest application update version 1.6.0.
Last Saturday, MyDoge drew public attention to this development for the first time through its official Twitter account and reiterated this statement on Tuesday. "You can now buy gift cards with Dogecoin," the team revealed in a tweet yesterday, suggesting users update to v.1.6.0.
Many users and DOGE supporters are satisfied with this development, and the comment section is filled with excitement. Some users have started using this feature to purchase gift cards from multiple brands such as PlayStation and Visa.
As of the time of publication, this feature has been launched and is included in the newly introduced "Store" section of the application. The currently available brands depend on the user's location, but notable ones are Hotels.com, PlayStation, Visa, Amazon, Xbox, and Binance. In addition, the team also includes a "earn" function, which can purchase DOGE's cash return with Fiat money rewards.
The increasing popularity of MyDoge
MyDoge was launched exactly a year ago during the testing phase, providing a platform for DOGE supporters to seamlessly self manage their assets. For several months, the application has included multiple features to improve the experience within the application. Some of these features include the social media platform Dogverse, as well as the opportunity to purchase DOGE in fiat currency.
As the situation unfolds, MyDoge has witnessed a recent surge in users, especially after the FTX crash last month, which has put investors' confidence in centralized exchanges to the test. Supporters of Cryptocurrency, including DOGE users, have adopted self preservation solutions to hedge against similar events.
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