Cryptocurrency Exchange Gemini OKs Trading In High-Flying Dogecoin – About Your Online Magazine

Dogecoin’s (CRYPTO: DOGE) the mainstream appeal is increasing, as seen with the acceptance cryptocurrency as a payment option by several companies.

The Gemini cryptocurrency exchange became the last company to join the Dogecoin phenomenon.

What happened: Gemini, a regulated encryption, wallet and custody exchange, will provide negotiation and custody support for Dogecoin, the exchange’s co-founder and CEO, Tyler Winklevoss, said in a post.

Winklewoss said deposits are now open for Doge, and negotiations will begin soon.

Trading will initially open on Gemini’s API / FIX and Active Trader applications against the US dollar, followed by its mobile and web applications on an ongoing basis for currencies, including the US dollar, British pound, Euro and Canadian dollars. , Australians, Hong Kong and Singapore.

Related link: How to buy Dogecoin (DOGE)

Along with Doge, Gemini now offers more than 40 cryptocurrencies for trading and custody and another 11 for custody.

“Dogecoin is the people’s money. It is organic, irreverent and fun. It is not imposed on us by a government or other central authority, it is chosen by us, for us – by the people, for the people. Wow,” said Winklevoss in the statement. .

Because it’s important: Doge accelerated on Tuesday, partially in anticipation in Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk mentioned this when he presented “Saturday Night Live” on May 8.

Anticipating the sudden increase, retail investors are strengthening themselves with the meme currency.
At the last check, Doge was rising 33.43% to 54 cents, outside the intraday high of 60.6 cents.

Related link: Dogecoin just climbed over a fence and has room to run

Photo courtesy of Gemini.

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Paula Fonseca