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

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

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”

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Jibin Mathew George

Editor in Chief

Jibin Mathew George is the Editor-in-Chief of AMBCrypto. With over 7 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.

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.