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Another win for Dogecoin, as this retail giant will now accept Doge as payment

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Another win for Dogecoin, as this retail giant will now accept Doge as payment
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In celebration of #DogeDay, a leading tech-focused e-retailer in North America, Newegg announced that the company will now accept Dogecoin as an official payment method.

Andrew Choi, Sr. Brand Manager of Newegg said :

“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,”

He added:

  “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.”

Newegg has been crypto-friendly in the past as well. In 2014, the company began to accept Bitcoin for purchases. Prior to the official announcement, the company’s Twitter handle pushed out teasers on the social media platform:

Prior to Newegg, Dallas Mavericks’ Mark Cuban had declared that the NBA team will allow people to pay Dogecoin (DOGE) to buy tickets and merchandise, through a partnership with BitPay.

Speaking to DealBook, Cuban had revealed that he decided to accept payments in DOGE “because we can.” He had previously stated that sometimes in business, “you have to do things that are fun”

 

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Jibin Mathew George is the Editor-in-Chief of AMBCrypto, one of the world's top 5 cryptocurrency news publications. With over five years of dedicated experience in the blockchain and digital asset sector, Jibin possesses a deep and nuanced understanding of the market's complexities. His expertise lies at the intersection of cryptocurrency and global macroeconomics, with a particular focus on the influence of political and fiscal policies on the burgeoning crypto landscape. A post-graduate in International Relations with a focus on European Politics, Jibin brings a unique and analytical perspective to the world of digital finance. This background enables him to dissect and report on the intricate legal and political frameworks shaping the future of cryptocurrencies and blockchain technology. Since the early days of the crypto boom, Jibin has been a keen observer and a prolific writer, meticulously tracking the evolution of digital assets into a distinct and significant asset class. His work is characterized by its in-depth analysis of market trends, regulatory developments, and the long-term implications for investors and the broader financial system.
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