Tesla launches Dogecoin payments for merch but there is a catch
Tesla starts accepting Dogecoin payments for company merchandise. However, the firm states that they will not issue refunds for DOGE purchases. Tesla CEO Elon Musk announced that Tesla now accepts Dogecoin (DOGE) as payment for the company’s merchandise. DOGE-eligible products in the Tesla store can be purchased by sending DOGE to Tesla’s Dogecoin wallet. While it's accepting DOGE, the firm also clarified that they are not taking any other crypto. The company states that it cannot detect other assets but DOGE on its website. The business tells customers that "non-Dogecoin digital assets....
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If things work out just as planned by the world’s richest man, Musk might eventually start allowing DOGE payments for Starlink subscriptions. Just four months after EV manufacturer Tesla started accepting Dogecoin (DOGE) for merchandise purchases, Elon Musk announced his plan to extend the payment option for his space exploration company, SpaceX. Musk, the CEO of SpaceX and Tesla, has been a staunch supporter of the DOGE ecosystem since 2019 and has since publicly revealed interest in accepting meme coin payments across his multibillion-dollar enterprises.Tesla merch can be bought with....
DOGE will be the only cryptocurrency that Tesla currently supports once payments begin. Dogecoin (DOGE) saw a sudden price increase on Dec. 14 after Elon Musk announced that Tesla would begin accepting it for some purchases.DOGE/USD 1-hour candle chart (Bittrex). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed DOGE/USD climbing over 25% to become the only major cryptocurrency to deliver gains on the day.The meme-based altcoin had followed Bitcoin (BTC) and other large cap tokens downwards over the course of the week, but the turnaround gave DOGE holders 10%....
Tesla CEO Elon Musk said the electric-car maker will take dogecoin as payment for its merch, causing the cryptocurrency to soar by as much as 33%. Elon Musk’s Revelation Sends Dogecoin Up 30% Prior to Musk’s revelation, the price of Dogecoin was declining, but it immediately soared by as much as 30%. According to cryptocurrency statistics website Coinmarketcap, it was recently up 26% at $0.2092. Musk said in a tweet: “Tesla will make some merch buyable with Doge & see how it goes. The Tesla CEO has long been a backer of dogecoin, a cryptocurrency based on a Japanese Shiba....
Tesla now accepts dogecoin for some merchandise on its website. CEO Elon Musk delivered on the promise he made in December that his electric car company will accept DOGE. Meanwhile, Tesla still has not resumed accepting bitcoin.
Dogecoin Now Accepted for Select Tesla Merchandise
Elon Musk’s electric car company, Tesla, has begun accepting dogecoin payments for some merchandise. CEO Elon Musk announced early Friday morning on Twitter, “Tesla merch buyable with dogecoin.” He first tweeted in December last year that Tesla will accept DOGE.
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Dogecoin has been pushed recently as a payment method for various things. Things like the Dogecoin festival accepting payments for tickets in Dogecoin. And Mark Cuban announcing his basketball team, the Dallas Mavericks, would start accepting payments in Doge. But one that the community had been waiting for was being able to pay for Tesla […]