Some cryptocurrencies, like Baby Doge Coin, can only be purchased with another cryptocurrency on decentralized exchanges . To buy Baby Doge Coin, you’ll need to first purchase Ethereum (ETH) and then use ETH to buy Baby Doge Coin. And to do that, you need what’s called a self-custody wallet.
Read moreDoes baby Doge burn coins?
Baby Doge supply is deflationary, which means that coins are burned to reduce supply . For instance, in July, the cryptocurrency announced the burning of 250 trillion coins. While the total supply of the Crypto is 420 quadrillion, these successive burns reduce the supply significantly.
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