Share this article
Coinbase Adds Polkadot Trading to Pro Platform
Trading will begin on or after 9 a.m. PT Wednesday.
Updated Nov 12, 2024, 5:48 p.m. Published Jun 14, 2021, 8:06 p.m.
Coinbase's professional trading platform has added DOT, the native currency of the Polkadot blockchain, the exchange said in a blog post Monday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
As of Monday, the token is available to transfer into Coinbase Pro accounts. Trading will begin on or after 9 a.m. PT Wednesday.
The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing them on the professional version, although that turned out not to be the case when it added dogecoin. Coinbase Pro currently supports 50 cryptocurrencies.
Trading pairs to be supported include DOT-USD, DOT-BTC, DOT-EUR, DOT-GBP and DOT-USDT.
Read more: Lending Startup Parallel Finance Raises $2M to Bring More DeFi to Polkadot, Kusama
DOT's price has risen 19% over the last 24 hours, according to CoinDesk 20 data. DOT recently traded at $25.12. Polkadot is a project associated with the Web3 Foundation.
More For You
More For You
Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
What to know:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
Top Stories
