PayPal works to prevent unauthorized transfers of cryptocurrency, and you may be eligible for reimbursement up to an equivalent of $50,0002 in the event of an unauthorized transfer. Crypto exchanges founded and based in the US are required to register with the Financial Crimes Enforcement Network FinCEN, a division of the US Department of the Treasury. This bureau safeguards the US financial system by working to prevent money laundering, terrorist-financing activity and other financial crimes. Yes. The Dogecoin network charges network fees each time a payment is made in Dogecoin. Consult your Dogecoin wallet provider for information regarding additional fees. The purchaser is responsible for any fees associated with a Dogecoin transaction. Dogecoin is listed on Robinhood, making it easily accessible to retail investors. You can think about Dogecoin in a similar way to Gamestop: while it isn’t a scam, it’s appreciated solely due to speculation.