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Tesla has added Dogecoin payment in the North American market, which is also the only cryptocurrency currently supported.


Tesla, owned by Elon Musk, once supported cryptocurrency payment for car payments.At that time, the main cryptocurrency that could be used to pay for a car was Bitcoin.But later, for some reasons, Tesla offline Bitcoin and no longer supports cryptocurrency payments.

Last night, Tesla’s North American official website once again launched cryptocurrency payment options. The supported cryptocurrency this time is limited to DogeCoin, and the price of Dogecoin fluctuates in real time, so when you really want to buy it, you need to specify Dogecoin. Quantities also vary.

As for the actual purchase process, it is also very simple. After selecting the model, you can choose to pay with cryptocurrency. At this time, Tesla will pop up a guidance window for Dogecoin and generate a unique address. The user needs to follow the page prompts to transfer the corresponding number of dogs. The coins are transferred to the address generated by Tesla.

Transfers on the Dogecoin blockchain take about 10 to 30 minutes. Users can check the order 30 minutes after completing the payment. It should be noted that Tesla does not support multiple address transfers, and does not support order cancellation after payment. Returns and exchanges, etc., therefore are quite different from conventional payment methods.

Tesla has added Dogecoin payment in the North American market, which is also the only cryptocurrency currently supported.

On the other hand, Dogecoin, as a typical community token, would not have been noticed by too many users in the currency circle if it were not for the promotion of Elon Musk. Now Tesla supports Dogecoin but not Bitcoin payment. , also seems to imply that Elon Musk will continue to support Dogecoin in the future.

During the last bull market, Elon Musk often promoted Dogecoin, which also caused some legal issues. During Dogecoin's subsequent plunge, investors sued Elon Musk, believing that he manipulated the market and profited from it, so In this round of cryptocurrency craze, Musk has rarely promoted Dogecoin.

Of course, after Tesla supported Dogecoin payment, it also had a strong positive effect on Dogecoin, so the price of Dogecoin rose sharply last night, exceeding that of Bitcoin and Ethereum.

Disclaimer: This article is for the purpose of conveying information and should not be used as any investment opinions or suggestions. The cryptocurrency market is extremely risky, so you need to be cautious when entering the market.

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