Frequently Asked Questions

General

What is Dogecoin?

Dogecoin is a decentralized, peer-to-peer digital currency that enables fast and low-cost payments worldwide.

Is Dogecoin legal in Texas?

Yes, Dogecoin is legal to own and use in Texas, but users and businesses should be aware of applicable state and federal regulations.

How do I buy Dogecoin?

You can purchase Dogecoin through reputable cryptocurrency exchanges. See our Resources page for more information.

How do I keep my Dogecoin safe?

Use secure wallets, enable two-factor authentication, and never share your private keys or recovery phrases. See our Best Practices page for more tips.

How can I contact the Commission?

Visit our Contact page or email info@texasdogecoincommission.com.

Security & Protection

What should I do if I suspect a scam?

Contact the TDC immediately and report the incident to the FTC and FBI IC3. Provide as much detail as possible, including transaction IDs and communications.

What is a recovery phrase?

A recovery phrase (or seed phrase) is a series of words that allows you to restore your wallet. Keep it offline and never share it with anyone.

Can Dogecoin transactions be reversed?

No. All Dogecoin transactions are irreversible. Always double-check recipient addresses before sending funds.

Legal & Tax

Do I have to pay taxes on Dogecoin?

Yes. The IRS treats Dogecoin as property, so you must report capital gains and losses on your tax return. Keep detailed records of all transactions.

Can I use Dogecoin for business?

Yes, but you may need to register as a money transmitter and comply with state and federal regulations. Consult a legal professional for guidance.

Technical

What is a Dogecoin wallet?

A wallet is software or hardware that stores your Dogecoin and allows you to send and receive payments.

What is a public address?

Your public address is what you share to receive Dogecoin. It is safe to share, unlike your private key.