Bitcoin
$42,882.90-3.86%
Ethereum
$2,958.11-5.77%
XRP
$0.948455-3.59%
Cardano
$2.29+1.48%
Polkadot
$31.00-4.50%
Stellar
$0.283780-4.79%
Dogecoin
$0.210120-5.34%
Chainlink
$23.36-7.74%
Uniswap
$19.84-6.66%
Cosmos
$42.98+3.70%
Polygon
$1.14-6.09%
Algorand
$1.80-8.80%
Litecoin
$151.47-6.78%
Bitcoin Cash
$514.98-6.10%
Wrapped Bitcoin
$42,897.14-3.45%
The Graph
$0.702821-2.58%
Filecoin
$63.76-13.53%
Tron
$0.092679-5.34%
Ethereum Classic
$47.93-5.88%
Tezos
$7.02+12.37%
Aave
$282.97-7.20%
Monero
$234.41-4.99%
NEO
$39.96-7.18%
EOS
$4.05-6.50%
IOTA
$1.28-7.59%
BitTorrent
$0.003309-5.12%
Waves
$25.00+5.65%
Bitcoin SV
$136.10-5.97%
Maker
$2,307.90-6.02%
Dash
$166.70-7.94%
Decred
$116.61-2.76%
Decentraland
$0.711149-6.87%
ICON
$1.60-4.43%
NEM
$0.150155-6.28%
Zcash
$111.36-8.30%
OmiseGO
$9.11-5.80%
Paxos Standard
$1.01-0.11%
Ren
$1.11+28.22%
NuCypher
$0.277393-5.23%
Yearn Finance
$28,874.07-6.18%
Qtum
$9.97-6.78%
Bitcoin Gold
$53.01-6.23%
Basic Attention Token
$0.657000-6.24%
Kava.io
$6.37+9.50%
0x
$0.910277-6.02%
Fetch.ai
$0.763233-7.35%
Bancor
$3.47-5.23%
Band Protocol
$7.44-5.63%
Siacoin
$0.015015-7.14%
Nano
$4.78-6.57%
Loopring
$0.381845-6.27%
Civic
$0.475208-8.14%
Storj
$1.10-5.38%
Numeraire
$41.58-2.18%
Lisk
$2.93-4.86%
Orchid
$0.323632-6.39%
PAX Gold
$1,759.95+0.62%
Enzyme
$132.69-7.01%
Augur
$21.12-7.21%
Aragon
$4.77-6.91%
district0x
$0.147875-7.17%
Kyber Network
$1.46-6.44%
SingularDTV
$0.001268-7.77%
Tether
$1.00+0.04%
USD Coin
$1.00+0.03%
Dai
$1.00+0.03%

Coinbase Makes Dogecoin Available to Retail Investors

The exchange will try to boost interest in the meme-based cryptocurrency through a $1.2 million giveaway promotion.

Jun 3, 2021 at 10:57 p.m. UTC
Updated Sep 14, 2021 at 1:06 p.m. UTC

Coinbase retail users can now sell, buy and store dogecoin on the exchange, the company said in a blog post. To stir up interest Coinbase is running a $1.2 million dogecoin giveaway promotion.

  • Investors who opt in and purchase $100 worth of dogecoin will be eligible for the promotion.
  • Coinbase has launched information web pages about dogecoin, and a section that addresses frequent questions about cryptocurrency.
  • On Tuesday, the exchange announced that it was adding the meme-based cryptocurrency to its professional trading platform, Coinbase Pro.
  • The timing of the latest announcement veered from Coinbase precedent in its listing of cryptocurrencies. The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.
  • The Coinbase announcements have failed to re-boost dogecoin's price, which was down nearly 6% to $0.39 at the time of publication.
  • Dogecoin is down from its all-time high of $.72 on May 7 after starting the year at a fraction of a penny.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...