Crypto exchange Gemini has listed Dogecoin on its platform as trading app Robinhood crashed during a surge around DOGE.
Gemini announced support for Dogecoin in a blog post on the 4th of May. The exchange said the platform would initially support deposits, with trading starting not long after.
In addition, Gemini said that trading would commence on its API/FIX and Active Trader applications for USD. The exchange added that DOGE trading on its mobile and web apps would open “on a rolling basis for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs.”
The company’s CEO, Tyler Winklevoss, said in a statement:
“Dogecoin is the people’s money. It’s organic, irrelevant, and fun. It’s not forced on us by a government or some other central authority, it’s chosen by us, for us – by the people, for the people.”
DOGE is currently the fourth-largest crypto asset with a market valuation of $73.92 billion. At press time, the coin is trading at $0.5776 and has gained more than 40% in the last 24 hours. Also, the coin’s 24-hour trading volume has increased 397.64% to over $37 billion.
Image Credits: Pixabay
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