Singapore-based Chinese cryptocurrency exchange Huobi has just announced it has added Dogecoin to its trading platform. The crypto was created by Jackson Palmer in 2014 and famous for being a meme of a Shiba Inu dog.
The coin has recently gained great popularity after Tesla founder Elon Musk said on his official Twitter account that his favorite cryptocurrency is Dogecoin.
The crypto exchange has reported that it has added 3 trading pairs for this currency: DOGE/BTC, DOGE/ETH and DOGE/USDT.
According to Huobi, users are allowed to make Dogecoin deposits since April 3, while trading began to be available yesterday. The platform has said it will soon start a campaign to promote the listing of the currency.
Users willing to trade with Dogecoin must first open an account on the exchange and pass a verification process. U.S. users will have to complete the level one verification, while the Chinese must pass the level 2.
It seems that this news has not had any positive impact on the crypto's price, since at press time, Dogecoin is trading at 0.0035 $ (-10.77%).
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.