Cryptocurrency exchange Gemini now supports dogecoin (DOGE) for trading and custody. According to Tyler Winklevoss, Co-Founder & CEO of Gemini, trading will initially be opened on Gemini's API/FIX and Active Trader applications for US dollar.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.
Later, the exchange will open it on mobile and web applications in addition to the following trading pairs: DOGE/GBP, DOGE/EUR, DOGE/CAD, DOGE/AUD, DOGE/HKD and DOGE/SGD.
"Dogecoin is the people's money. It's organic, irreverent, 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. Wow," wrote Tyler Winklevoss.
Meanwhile, the dogecoin price has surpassed its all-time high at $0.566. The cryptocurrency's market capitalization also reached the $74.2 billion mark. As a result, DOGE has overtaken Tether ($52.1 billion) and XRP ($63.3 billion) on the list of the largest cryptocurrencies in terms of capitalization.
As iHodl earlier reported, Gemini entered into a partnership with Mastercard to issue its own crypto card called the Gemini Credit Card. The exchange added that WebBank, a Utah-based industrial bank, will be the issuing bank for the card.
Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.