Polkadat (DOT) is listed in the Coinbase exchange

Polkadat (DOT) is listed in the Coinbase exchange

Coinbase, a major US exchange, recently announced that it will list the native cryptocurrency of Polkadat, DOT, on the platform.

According to the announcement, users of this exchange can deposit this currency from Monday, June 14th. If there is enough liquidity, its trading capability will be activated for users at 9:00 AM on Wednesday, June 16, Pacific time.

Users can trade DOT with various Fiat currencies, including the dollar, euro and pound sterling, and cryptocurrencies such as bitcoin and tetra.

Following this move, DOT will be listed in the Coinbase retail trading program, but the exact date is not yet known.

Coinbase has not yet commented on why the currency was chosen. It should be noted that Polkadat, with a market value of $ 23.1 million, is the ninth largest cryptocurrency in the market. Maybe this reason is enough to be on the list of currencies supported by this exchange.

Coinbase referred to Polkadat as a high-performance platform for cross-chain transactions, adding that the DOT token serves as a surveillance token for the Polkadat network, used for networking and security, as well as connecting new chains to the network.

Coinbase's decision to list DOT came weeks after it decided to add Dogecoin (DOGE) to the platform. In addition to these two currencies, Cardano, Sushi Swap, Tetra and several other currencies are also supported in this exchange.

Dogecoin] was [listed on the {Coinbase Pro} exchange

Dogecoin was listed on the Coinbase Pro exchange

The latest reports suggest that the Coinbase Pro trading platform has begun accepting popular Doecoin transfers.

If there is sufficient liquidity, trading in this currency will begin at 4 pm Global Coordinated Time (UTC) on June 3.

Dogecoin currently outperforms all 10 of the market's top 10 cryptocurrencies (according to CoinMarketCap) by 6%.

The listing is largely priced by the market, as Coinbase announced last month that Dogecoin would be traded. Ilan Musk tweeted in March that the largest US exchange had to activate Dogecoin transactions on the platform.

The Gemini Exchange, led by the Winklows brothers, announced its support for DOGE in early May, along with several other platforms.

Coinbase and PayPal are collaborating

Coinbase and PayPal are collaborating

Coinbase  Exchange officially announced its partnership with PayPal in the United States. As a result, users of the Coinbase cryptocurrency exchange in the United States can now purchase their favorite cryptocurrencies through the PayPal payment gateway. This is really good news for all PayPal and Coinbase users.

However, the Coinbase and PayPal merger service is currently only available in the United States. The cryptocurrency exchange is still considering expanding its partnership with PayPal to other parts of the world.

Coinbase stated:

"We now offer millions of users in the United States a quick and easy way to buy cryptocurrencies on Coinbase via credit cards and bank accounts connected to PayPal. "

"It is very easy to buy and pay for cryptocurrencies using the PayPal payment gateway," Coinbase said. "If you have a PayPal account, you can start trading on Coinbase immediately, and you no longer need to add bank accounts or card numbers directly to CoinBase."