Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has been added Dogecoin (DOGE) to its list of supported assets.
This news comes shortly after Binance CEO Changpeng Zhao hinted that the platform might add Dogecoin in the future.
Dogecoin is a decentralized, peer-to-peer digital currency that enables users to send money online with low fees and instant transactions. The currency was created in 2013 as a parody of Bitcoin (BTC) but has since gained a large and passionate community.
NOTE: WARNING: Dogecoin is not currently listed on Binance, and Binance has not announced any plans to list it in the future. Therefore, users should exercise extreme caution when considering any potential sources of information regarding Dogecoin being listed on Binance.
Binance is known for listing a wide variety of cryptocurrency assets, and its support for Dogecoin is likely to boost the visibility and liquidity of the currency.
The addition of Dogecoin to Binance is also significant because the exchange is one of the few major platforms that does not yet support Bitcoin Cash (BCH), another popular cryptocurrency.
Dogecoin currently has a market capitalization of over $600 million, making it one of the 30 largest cryptocurrencies by market cap. With Binance’s backing, that number is likely to grow even larger in the coming months.
Yes, Binance does have Dogecoin listed on their platform.
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