Baby Doge is one of those coins that simply deliver value to every community member without asking for anything in return. To earn off your Baby Doge, you only need to buy some coins and keep them in your wallet. This is why Baby Doge is held by over one and a half million investors which is a truly outstanding number. Thanks to NOWPayments, merchants can benefit from Baby Doge in more than one way. Specifically, NOWPayments lets online stores deployed on WooCommerce accept payments in Baby Doge.
- The BabyDoge crypto is held by over one million users.
- Offering BabyDoge payments can enable businesses to get new clients.
- Deploy BabyDoge payments on WooCommerce via NOWPayments.
What is BabyDoge?
Baby Doge constitutes a cryptocurrency which serves as a currency intended specifically for all doge meme fans on the planet, so it is a truly global endeavor. The fact that over one million people have Baby Doge in their wallets demonstrates its dedication to becoming a people’s coin. The key characteristic of BabyDoge is a 5% fee imposed on all BabyDoge crypto transactions. This fee is distributed among all $BabyDoge holders, thus letting everyone in the community have a passive income. Apart from offering investment opportunities to holders, the BabyDoge coin also focuses on raising awareness about animal adoption.
Pros and cons of accepting BabyDoge crypto on WooCommerce
As mentioned above, BabyDoge’s audience of investors is truly impressive, as there are more than 1 million people holding the coin. At the same time, the Baby Doge crypto has a limited number of use cases, so there are simply not that many places around where holders could spend their money.
By deploying BabyDoge coin payments, businesses can attract a great deal of attention from the BabyDoge community. It is likely that out of hundreds of thousands of BabyDogers who will discover such businesses, some will decide to actually put their coins to use by purchasing products from them.
If we do not take into consideration the mandatory fee charged by Baby Doge, the cost of fees for sending Baby Doge is quite negligible. Since the coin exists on Binance’s blockchain, which is quite efficient and inexpensive, users do not have to pay extortionate fees for making BabyDoge cryptocurrency transactions. Thus, companies can greatly reduce their fee expenses by switching to Baby Doge and using it instead of the mainstream payment solutions.
Another essential element of Baby Doge and any other cryptocurrency is, of course, absolute privacy when it comes to users’ identities. One is not required to share any personal details to send and receive Baby Doge. This is a groundbreaking feature since it lets companies and clients legally conduct anonymous payments without the involvement of third parties such as banks.
Still, there are also certain downsides to using crypto. The main problem with any cryptocurrency and BabyDoge is no exception here is the price fluctuations. Since there is no central authority regulating the coin’s price, it may experience considerable highs and lows. Yet, merchants can fix this problem by utilizing NOWPayments’ auto-conversion feature allowing them to automatically exchange their BabyDoge for fiat.
The 5% fee of BabyDoge is great for every holder, yet it becomes problematic when you begin to actively use the coin. Nevertheless, 5% is not that much compared to the fees charged by the likes of Ethereum and Bitcoin. So, we can safely say that BabyDoge’s fee is quite moderate and will not stand in your way to get paid in BabyDoge.
How to accept BabyDoge on WooCommerce?
WooCommerce merchants can use NOWPayments’ plugin to accept the BabyDoge coin:
- Sign up for a NOWPayments account by pressing this link.
- Specify your DigiByte crypto wallet address and generate an API Key.
- Go to this page to install the latest version of the WooCommerce plugin.
- Next, upload the nowpayments-payment-gateway-for-woocommerce directory to the /wp-content/plugins/directory.
- Activate the plugin through the ‘Plugins’ menu in WordPress.
- In the WooCommerce Settings page, go to the Payment Gateways tab, then click “Enable NOWPayments.”
- Go to the “Manage” section and enter your NOWPayments’ API Key.
- Click “Save changes,” and the gateway will become active.
NOWPayments ensures that BabyDoge holders always have a chance to use their coins to pay for products and services. WooCommerce merchants support our effort and start accepting Baby Doge crypto as a means of payment.