XMR to DOGE Swap

Overview

About Monero (XMR)

Among cryptocurrencies, Monero is the most anonymous.

Monero uses the CryptoNote algorithm, which means that, in contrast to public blockchains like Bitcoin, Ethereum, and others, you cannot see who sent it, who received it, or even how much was sent. The use of Stealth Addresses and Ring Signatures technologies makes this possible.

After the exchange, what should you do if you didn't receive Monero?

First, confirm that information about the sent transaction is included in the order. If there isn't any transaction data, try waiting a little while or getting in touch with technical support. Payment delays may occasionally arise because of the protocol-level blocking of funds in the Monero network updates from November 30 until ten network confirmations are received.

Check your  Monero wallet's synchronisation as the second step. The number in the "Blockchain Height" field of the "Network" block on the MoneroHash website should match the last block in the wallet. If not, attempt to restart your wallet.

In order to decrypt the transaction and verify the transfer of funds, contact technical support and request a private viewing key if the order includes the information from the transaction we sent, the wallet is synchronised, but the transaction is not visible in the wallet.

When will I be able to use the final Monero?

As previously stated, funds are blocked until ten network confirmations are obtained in the November 30 Monero network updates at the protocol level. That is, the money received cannot be used until the transaction has ten confirmations. Ten confirmations are typically sent for a transaction in 20 minutes.

Speed of transaction processing

Block releases take around two minutes on average. However, there are occasionally delays, and the block exit time may take ten to twenty minutes.

About Dogecoin (DOGE)

Dogecoin (DOGE) started in 2013 as a fun, playful version of serious cryptocurrencies like Bitcoin. Its name and logo, featuring a Shiba Inu dog, are based on an internet meme. Unlike Bitcoin, which has a limited supply, Dogecoin is made to be plentiful—10,000 new coins are made every minute, and there's no cap on how many can be made.

What is Dogecoin?

Dogecoin (DOGE) is a digital currency inspired by the famous "doge" internet meme, featuring a cute Shiba Inu dog. It was created in 2013 by Billy Markus and Jackson Palmer as a fun and easy-to-use alternative to Bitcoin, meant to appeal to a wider audience. Unlike Bitcoin, which is meant to be rare, Dogecoin is made to be plentiful—10,000 new coins are made every minute, and there's no limit to how many can be made. The creators wanted Dogecoin to be a friendly digital currency, summed up in its unofficial motto: "Do Only Good Everyday." Dogecoin uses blockchain technology, a system where transactions are recorded on a public ledger maintained by a network of computers. For a long time, Dogecoin was seen as a fun "memecoin" with a small following and not much value. But in 2021, its value skyrocketed, making it one of the biggest cryptocurrencies by market cap, even though each coin is worth just a few cents.

How does Dogecoin work?

Dogecoin uses a technology called blockchain, just like many other digital currencies. This blockchain is a decentralized system  where information is recorded on a public ledger maintained by a network of computers called nodes. Dogecoin has a block time of 1 minute, meaning that a new block is added to the blockchain roughly every minute. Additionally, the total supply of Dogecoin is uncapped, meaning that there's no limit to the number of Dogecoins that can be created over time.