After teasing it earlier this month, Coinbase announced Tuesday it has officially listed dogecoin on Coinbase Pro
that it will “immediately” begin accepting inbound transfers of dogecoin to Coinbase Pro in regions where trading is supported.Coinbase will stagger the crypto’s rollout, it said, announcing it will only allow post-only orders and then limit-only orders before moving to full trading., Coinbase said it will only move through each phase of the rollout when its assessment “for a healthy and orderly market” has been met.
“DOGE is not yet available on Coinbase.com or via our Consumer mobile apps,” the blog highlighted, noting there will be a “separate announcement if and when this support is added.” Coinbase CEO Brian Armstrong teased the platform’s then-impending launch of dogecoin during a May 15 investor call, his intention to “accelerate asset addition into the future.” “There are more and more assets being created in the crypto economy,” Armstrong said. “One of those is doge ... which has been getting a lot of attention recently.”The Coinbase listing—which has generated excitement as a facilitator of more trading activity—is the latest in a series of momentum-inducing boosts for dogecoin, which was launched in 2013 as a jokey alternative to more mainstream cryptocurrencies like Bitcoin.
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