Is Dogecoin on Coinbase now?
Sort of. Coinbase Pro announced Tuesday that Dogecoin is now available on the Coinbase Pro where trading is allowed.
- Trading for Doge will begin at 10 a.m. MT on Thursday.
- Coinbase Pro is a digital assets exchange website where people can exchange, well, digital assets, like cryptocurrency.
Dogecoin and Coinbase rumors
Per MarketWatch, Coinbase CEO Brian Armstrong said Coinbase has to improve its functionality before it can start allowing people to trade Doge.
The move is a big one for Dogecoin. Right now, most people use the Robinhood app for buying and selling Dogecoin. But Coinbase had about 43 million unique users in 2020, with 2.8 million of those users making transactions every month. This now opens Dogecoin up to a wider base of people.