Coinbase Adds Polkadot Trading to Pro Platform

Trading will begin on or after 9 a.m. PT Wednesday.

Jun 14, 2021 at 8:06 p.m. UTC
Updated Sep 14, 2021 at 1:11 p.m. UTC

Coinbase's professional trading platform has added DOT, the native currency of the Polkadot blockchain, the exchange said in a blog post Monday.

As of Monday, the token is available to transfer into Coinbase Pro accounts. Trading will begin on or after 9 a.m. PT Wednesday.

The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing them on the professional version, although that turned out not to be the case when it added dogecoin. Coinbase Pro currently supports 50 cryptocurrencies.

Trading pairs to be supported include DOT-USD, DOT-BTC, DOT-EUR, DOT-GBP and DOT-USDT.

DOT's price has risen 19% over the last 24 hours, according to CoinDesk 20 data. DOT recently traded at $25.12. Polkadot is a project associated with the Web3 Foundation

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.