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May 4, 2021

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.

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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.

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