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Therefore, conducting thorough research is essential before making the decision to add DOGE to your crypto portfolio. Binance is not responsible for any losses you may incur. Table of Contents. Hybrid exchanges typically use a decentralized architecture, with trades being executed on a decentralized network. Dogecoin is a decentralized cryptocurrency that was created as a parody of Bitcoin, and has gained significant attention due to its meme-inspired branding and support from Tesla CEO Elon Musk.
