Binance exchange lists Dogecoin (DOGE) after months of community requests

by Osiris Team


Posted on July 5, 2019, 12:53 p.m.
Development
Time to read: 2 min
DOGE

Binance is going to be listing Dogecoin and allow users to trade it against Binance Coin (BNB), Tether (USDT), Paxos Standard (PAX), Bitcoin (BTC) and USD Coin (USDC). This would be available on July 5, at 12:00 PM (UTC). Deposits for DOGE are currently opened.

According to the blog post released by Binance, they have not requested any fee for the project. Many other tokens that want to get listed on the exchange have to pay a listing fee that is donated through Binance Charity.

The official blog post reads as follows:

“Binance will list Dogecoin (DOGE) and open trading for DOGE/BNB, DOGE/BTC, DOGE/USDT, DOGE/PAX and DOGE/USDC trading pairs at 2019/07/05 12:00 PM (UTC). Users can now start depositing DOGE in preparation for trading.”

According to Changpeng Zhao, the CEO and founder of the platform, they are doing this not only for the “tech” but also for users. Clearly, Dogecoin had a trading volume of $121 million in the last 24 hours as the 27th largest crypto in the market. However, in terms of volume Dogecoin is the 24th largest.

In the last 24 hours, Dogecoin surged more than 38% after the announcement made by the exchange. According to data provided by CoinMarketCap, Dogecoin is currently being traded around $0.004404 and it has a market capitalization of $521 million.

Doge has been a digital currency embraced by Vitalik Buterin, the co-founder of Ethereum (ETH) and John McAfee. In addition to it, the CEO of Tesla, Elon Musk, changed his Twitter biography and mentioned that he was the CEO of DOGE.

Dogecoin is a cryptocurrency that was created back in 2013 and has been embraced as a parody coin. The virtual currency was launched by Billy Markus, Jackson Palmer and also “Shibetoshi Nakamoto,” which makes reference to Satoshi Nakamoto, the founder of Bitcoin.

The intention was to create a cryptocurrency that would be free from controversies and that would be fun t use.


Related links:
Source
Like and comment it on:

More cryptocurrency news

Latest news

Coinbase Card rolls out DAI as first supported stablecoin

Coinbase Card, a crypto-powered Visa debit card from major crypto exchange Coinbase, now supports Dai, a stablecoin pegged to the United States dollar.


Development
DAI

Dec. 6, 2019, 6:36 p.m.

Microsoft teams up with Enjin to offer crypto collectible rewards

Do good work, earn a "badger" - that's the idea behind a new incentive launched by Microsoft and blockchain gaming project Enjin.


Development
General

Dec. 5, 2019, 2:36 p.m.

Cointelegraph launches Consulting division to drive enterprise blockchain adoption

Cointelegraph has announced the launch of its Cointelegraph Consulting division, which is focused on advancing enterprise blockchain adoption by helping companies understand the potential of blockchain and then matching them with enterprise vendors to implement solutions.


Adoption Development
General

Dec. 4, 2019, 2:20 p.m.

China’s Great Firewall has blocked access to Ethereum block explorer

China's Great Firewall, used by the government to regulate access to foreign internet sites, has blocked one of the most popular sources of Ethereum blockchain data.


Development Regulatory
ETH

Dec. 3, 2019, 5:51 p.m.

Stellar’s Foundation just destroyed half the supply of its Lumens cryptocurrency

The Stellar Development Foundation has burned 55 billion of its XLM tokens, over half the cryptocurrency’s supply, CEO Denelle Dixon announced from the stage of the Stellar Meridian conference Monday.


Alerts Development
XLM

Nov. 6, 2019, 10:09 a.m.

Follow us