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Coinbase Makes Dogecoin Available to Retail Investors

  • Posted On - 2021-06-04 06:16:45

The exchange Coinbase will try to boost interest in the meme-based cryptocurrency through a $1.2 million giveaway promotion.

Coinbase retail users can now sell, purchase and hold dogecoin on the exchange, the company said in a blog post, and to stir interest is running a $1.2 million dogecoin giveaway promotion.

Investors who opt in and purchase $100 worth of Dogecoin will be eligible for the promotion.

Exchange has launched information web pages about Dogecoin, and a section that addresses frequent questions about cryptocurrency.

Earlier this week, the company announced that it was adding the meme-based cryptocurrency to its professional trading platform, Coinbase Pro.

The crypto exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.