Binance has officially announced that it will shortly list Dogecoin (DOGE).
In fact, starting at 12:00 UTC today, Friday, July 5th, 2019, it will be possible to trade DOGE on the famous exchange against Bitcoin (BTC), Binance Coin (BNB), Tether dollar (USDT), USD Coin (USDC) and the stablecoin PAX.
The exchange announces that it is already possible to deposit DOGE in the wallet of the website in preparation for trading.
As it happens for every cryptocurrency listed on Binance, an information sheet with all the data concerning DOGE is now available.
In this section, Dogecoin is defined as a “clone of Bitcoin” that has achieved success through intelligent marketing.
Dogecoin has sponsored numerous high profile events such as the Nascar team and the Winter Olympics, becoming a well-known cryptocurrency even though there are still few uses.
Up to the end of 2014, 100 billion DOGE have been mined, whereas today about 5 billion DOGE are still created every year.
In the announcement, Binance also warns that investments in cryptocurrencies are subject to high market risk, and invites users to make investments with caution.
In short, the exchange applies the maximum effort to choose high-quality currencies although it does not hold itself responsible for any losses.
The Binance pages on fees and rules for trading cryptocurrencies on the exchange, including DOGE, have also been linked.
The news of the listing seems to have been positive for the price of this cryptocurrency, which for now has recorded a +34% compared to yesterday.