Wednesday, November 30, 2022
HomeCrypto NewsMarketNewegg An Online Retail Giant Started Accepting Dogecoin As Payment Method

Newegg An Online Retail Giant Started Accepting Dogecoin As Payment Method

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Newegg, an online electronics retailer, has started accepting Dogecoin (DOGE) as the official payment method with BitPay.

Before the official announcement, the company began teasing the news on Twitter, asking Tesla CEO Elon Musk if he would shop with them if they added his favorite cryptocurrency.

The online retailer from the US claims that this ad is intended to celebrate Doge’s Day, a fictional holiday that is celebrated on April 20, as it is assumed that the Doge will reach the $1 mark.


 

Sr. Brand Manager, Andrew Choi, 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 said further:

“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.”

Prior to Newegg, Mark Cuban of the Dallas Mavericks stated that the NBA team would allow people to pay Dogecoin (DOGE) to purchase tickets and merchandise through a partnership with BitPay.

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Ammara
Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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