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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 Editor-in-Chief at AMBCrypto. A domain expert in International Relations (European Politics), he has always been a believer in the unlimited possibilities afforded by blockchain and by extension, cryptocurrencies. As someone who has been watching and writing about this space for over 5 years now, Jibin has closely tracked the emergence of cryptos and digital assets as a separate asset class in portfolios world over. A lawyer by training, he previously contributed to the News and Research desk of Diplomacy & Beyond Plus. Before his stint at D&B, he was Editor at ED Times. Jibin also takes a great interest in politics, especially the corresponding effect political decisions and fiscal policy have on the world of finance, with a special focus on cryptocurrencies.
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