What is Dogecoin (DOGE)?
Dogecoin is a meme cryptocurrency based on the once-popular “doge” meme featuring a Shiba Inu dog. The original purpose of Dogecoin was to be a faster alternative to Bitcoin, purely for fun reasons on internet forums. Eventually, the meme grew larger than life once billionaires Elon Musk and Mark Cuban began promoting it. There is no real vision for Dogecoin and it has an unlimited supply. There is no hard cap with dogecoin and an inflation schedule that sees millions of additional Dogecoin printed every year. Regardless of that, Dogecoin won the hearts of the world in 2020 and remains a fun (albeit extremely volatile) investment.
How to earn interest on DOGE
If HODLing Dogecoin isn’t enough for you, then deposit DOGE on YouHodler to earn some additional interest. It’s simple to deposit DOGe and start earning 3% APR immediately. Here’s how to get started:
- Head to the YouHodler app or web version to sign in.
- Deposit DOGE to your personal DOGE wallet.
- Site back and watch as your DOGE earns interest (3.04% APY).
Why choose YouHodler to earn DOGE?
There are countless DeFi and CeFi platforms out there to choose from but not all are the same. YouHodler offers a nice mix of transparency, security, and convenience to ensure users get her most out of their crypto. If you want to earn DOGE more creatively, here are just a few reasons why you should choose YouHodler.
- Friendly team and transparent fee structure
- Top-level security practices with monthly audits
- Quick deposits and withdrawals
- 3% APR on DOGE deposits
- 2FA and 3FA for additional security features
- Crime insurance issued by the reputable Ledger Vault
- Both hot and cold wallet storage managed by the YouHodler team
- And more!
Dogecoin saving wallet App that pays interest
YouHodler wallet app is the only application where you can store your Dogecoin (DOGE) just like you would in a regular wallet but in addition, earn interest on that DOGE wallet balance every week.
How does DOGE interest work
You can earn interest on DOGE just like you would with a traditional bank savings account but with one key difference. Instead of near to zero interest rates at banks, we offer you 3.04% interest on Dogecoin.
How to Earn Free DOGE
It’s easy! Just deposit DOGE to your YouHodler wallet and you’ll earn free DOGE every week.
How to Get Free DOGE
Interest payments occur every seven days. So you’ll get your free DOGE a week after your first deposit.
Cumulative Interest Dogecoin
Yes, you have cumulative interest if you HODL DOGE in the wallet. We calculate compound interest rates every week.
DOGE APY & Yield
Compared to other platforms, we offer APY instead of APR. APR gives you interest payments without the compounding effect. Hence, with APY at YouHodler, you get more DOGE at the end of the year due to this cumulative interest.
DOGE Savings Calculator
Just use our DOGE Savings Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.