Meme culture is strong in the crypto community. There are virtually dozens of projects which have adopted memes as the core of their ideology. While there are some meme cryptocurrencies any sane person would absolutely choose to stay away from, there are also many noteworthy and exciting projects delivering real utility to users. One such project is, of course, BabyDoge.
By following in the footsteps of major predecessors such as Dogecoin, BabyDoge has managed to win its own place in the sun in the blockchain industry. Today, with a million people strong community, BabyDoge proves that it has everything it takes to become a top performing meme-crypto. NOWPayments is a BabyDoge gateway via which you can accept BabyDoge payments quickly and at a low cost.
- $BabyDoge is extremely efficient.
- $BabyDoge transactions are quick and protected.
- Use NOWPayments to set up BabyDoge payments.
What is BabyDoge crypto?
BabyDoge is a relatively new crypto released a little over a year ago. It was crate by fans of the Doge meme community. BabyDoge is deployed on the BNB Smart chain, unlike many of its key competitors from the meme-coin segment. This provides the coin with the advantage of faster and lower-cost transactions. Every person holding BabyDoge in their wallet gets a share of a 5% fee imposed on each transaction, thus receiving an extra passive income. Baby Doge’s primary utility is building a fun meme community to spread awareness of animal adoption. So, if you are a dog person, you are sure to love BabyDoge.
Benefits of BabyDoge payments
Zero chargeback fraud
Chargeback fraud may not be the most devastating form of fraud, yet it can easily cause any business a lot of inconveniences. It is also extremely annoying since it is tough to combat.
Cryptocurrencies such as BabyDoge can assist businesses in addressing the issue of chargeback fraud by enabling them to shift to peer-to-peer transactions. Chargebacks are not feasible in the case of blockchain because there are no authorities or intermediaries between parties to BabyDoge transactions. So, no party may reverse a BabyDoge transaction. Essentially, businesses that get paid in BabyDoge can be certain that their money will not leave their wallets without their consent.
Cryptocurrencies tend to have a devoted following. As a result, when the crypto community notices new use cases involving their favorite coins, they work to promote and employ them.
Despite the fact that BabyDoge has been in existence for only a year, it already has built a sizable community of over one million people, at least, judging by the number of addresses holding the coin. This is why companies may draw the BabyDoge community’s attention by accepting BabyDoge coin payments. Because BabyDoge crypto is still in its infancy, there aren’t as many use cases for it as for coins such as bitcoin or Ether. This means businesses can attract more clients and generate more buzz if they incorporate BabyDoge payments today.
Companies that take advantage of this potential may not only get a specific percentage of the community to buy their products once but also convert these people into regular clients.
Most companies avoid featuring cryptocurrencies as payment for a variety of reasons. Some simply lack an intention to get familiar with digital assets, while others are concerned about breaking the laws of their country.
Nevertheless, no matter what reason they choose, one thing remains true, they miss out on a huge opportunity to enter an emerging market early. Moreover, cryptocurrencies like BabyDoge crypto are just impossible to ignore since they provide an excellent package of perks.
BabyDoge’s supply is continuously dwindling since the coin has an embedded deflationary mechanic. This, in turn, may lead to a future increase in the coin’s value. As a result of accepting BabyDoge payments, businesses may grow their BabyDoge coin holdings and then sell it at a profit once the value reaches its new all-time high. Additionally, businesses can benefit from the 5% tax imposed on all BabyDoge transactions by being rewarded for holding coins.
Quick and global transactions
As noted above, BabyDoge’s network, BNB Smart Chain, is far more efficient than its major rival, Ethereum, allowing it to ensure both low-cost and speedier transactions. The BabyDoge coin transactions take only a few minutes. Furthermore, because of its incredible transaction speed, Baby Doge crypto is ideal for conducting cross-border payments.
Some firms struggle to complete orders from international clients due to significant delays in their payments caused by banks. BabyDoge transactions are entirely borderless and are free from any boundaries. As a result, nothing can interfere with them and cause them to get processed slowly. Regardless of where the recipient and the sender reside, the transaction speed of Baby Doge coin stays consistent. This is fantastic news for companies with an international clientele.
Financial privacy is crucial to customers. However, traditional financial services are unable to deliver it because they need too much personal information from their consumers. BabyDoge takes an entirely different approach. Users of BabyDoge do not divulge their personal information.
To begin transferring and receiving Baby Doge crypto, all that is required is a crypto address, which can be created anonymously and in a matter of seconds. That’s why the Baby Doge coin may be used as a confidential way of making payments by companies.
Companies that can benefit from accepting BabyDoge the most
Starbucks has flirted with the idea of accepting crypto payments on several occasions. At some point, Starbucks went as far as to enable clients to pay for their coffee with Bitcoin. It is unclear how successful those experiments were, but it is 100% true that the BabyDoge community will definitely show its love back to the company if it makes a decision to accept BabyDoge payments.
Elon Musk is an important person to the community. The mighty billionaire even once referred to BabyDoge on his Twitter. If Musk finally makes a decision to order Tesla to accept crypto payments, there is a good chance that BabyDoge will be one of the payment options.
Considering Musk has already tweeted about the coin, there are no barriers stopping him from taking another step towards the wider adoption of BabyDoge.
McDonald’s does not need an introduction since it is by far the largest chain of fast-food restaurants in the world known to billions of people. Rumors about the company’s desire to feature crypto payments have been circulating for over a decade now. Yet, nowadays, the recent growth of the crypto sphere makes it harder for businesses to lose an opportunity to jump on the crypto bandwagon. So, perhaps, we will be able to pay for our Big Macs with BabyDoge in the near future.
Most cryptocurrency users are familiar with Travala. It is a platform that sells airplane tickets as well as offers a huge range of accommodations. Travala allows you to book flights to 230 countries and territories. It accepts dozens of cryptocurrencies but BabyDoge still has not made it to the list.
Yet, hopefully, with the help of NOWPayments, the situation will change and BabyDoge fans will finally be able to book a flight or a hotel with their favorite coin.
Newegg is a famous website for purchasing computer hardware, accessories, and other types of consumer goods. Newegg has been accepting Bitcoin as a viable form of payment for several years now. It is high time for the company to expand its line of crypto payment methods and BabyDoge definitely deserves a spot there.
After all, the massive community of BabyDoge needs a place to buy their computer hardware from and Newegg seems like the best fit here.
Coinsbee is a service that many crypto investors simply cannot live normally. It presents people with an easy way of exchanging their crypto for gift cards. The service features thousands of gift cards from thousands of countries.
Coinsbee has not yet added BabyDoge, but it is possible that if the community kindly asks the service to set up BabyDoge payments, Coinsbee may discover that there is a demand for such an activity, and actually satisfy the need of the fans.
PetSmart is one of the largest pet supplies stores in the United States. It is more than likely that some of PetSmart’s clients use BabyDoge. Why not give them a faster way of paying for their products?
BabyDoge is also named after everyone’s favorite pet dog, so the collaboration between the coin and PetSmart has the potential to become the greatest one ever.
How to accept BabyDoge payments
NOWPayments facilitates BabyDoge payment process for businesses and their clients. The service features several tools for deploying BabyDoge payments. Here is the list of options available to you:
- eCommerce plugins: These plugins are compatible with PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware.
- Crypto Link and a PoS terminal: Businesses can use a crypto link and a virtual Point-of-Sale terminal.
- Subscriptions: Some companies may deploy special subscription-based payments.
- API: NOWPayments’ versatile API enables businesses to create custom crypto payment solutions.
- Payouts: You can send mass payouts as a salary, bonus, reward, or rebate automatically to as many addresses as you wish.
NOWPayments enables businesses to accept BabyDoge payments.