Why can't i buy dogecoin on coinbase
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Inflation contributes to DOGE’s low price relative to similar projects like Litecoin. Dogecoin increases its supply by 5 billion coins each year. Over a longer period of time, this fixed number of additional coins represents a decreasing inflation rate, but the total supply is not capped. Coinbase dogecoin listing This comes shortly after Coinbase put the memecoin on its experimental phase known as a “roadmap.”When will dogecoin be available on coinbase
On Dec 13, Coinbase took to social media X to announce the listing on the coin on its platform. This listing aims to give traders and investors access to the emerging opportunity, however, the exchange cautioned users against prematurely depositing the assets on other networks to avoid potential loss. TRENDING On Thursday, cryptocurrency trading platform Coinbase held a first quarter earnings report in which it said it was planning to list Dogecoin within the next six to eight weeks, according to reports.
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Dogecoin isn't taken very seriously by loyal bitcoin supporters. It started in 2013 as a joke, inspired by the "Doge" meme, but has since found a growing community online. Dogecoin is now the fourth-largest crypto by market value on CoinMarketCap, worth over $68 billion. Varieties of Cryptocurrencies Coinbase wrote in its blog post about the listing that unlike bitcoin, "which is designed to be scarce, dogecoin is intentionally abundant — 10,000 new coins are mined every minute and there is no maximum supply."Why can't you buy dogecoin on coinbase
Coinbase Pro is a different service offered by Coinbase that lets crypto investors buy and sell a larger collection of digital assets. It also includes other advanced features, such as a better API and more tools for traders. Can You Buy Dogecoin on Fidelity? One possible reason behind the latest surge could be the interaction coming from Coinbase. The leading cryptocurrency exchange added BONK to its list of supported digital assets, warning that the offering might be “restricted in some supported jurisdictions.”
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