Blockchain News

Dogecoin ($DOGE) Listed on ‘World’s Longest Running Crypto Exchange’ Bitstamp

Bitstamp, the world’s “longest running crypto exchange,” has listed the meme-inspired cryptocurrency Dogecoin ($DOGE), adding two trading pairs that allow users to exchange DOGE for USD or EUR.

According to the exchange’s announcement, the listing was launched with the same policy as other assets on Bitstamp, which means there are no trading fees for total trading volumes of up to $1,000 in the previous 30-day period.

Bitstamp was established in 2011, and it was registered in the United Kingdom in 2013 and in Luxembourg in 2014. It has a “global team of around 400 people” based in offices in the United Kingdom, Luxembourg, the United States, Singapore, and Slovenia. It is available in over 100 countries and currently has over four million users worldwide.

Notably, the exchange added $DOGE months after adding rival meme-inspired cryptocurrency Shiba Inu ($SHIB) in June. The SHIB could have been listed on Bitstamp as the 100th cryptocurrency trading platform, but that honor ultimately went to Middle Eastern cryptocurrency trading platform Rain.

Bitstamp’s new listing comes as the market capitalization of Nasdaq-listed cryptocurrency exchange Coinbase (NASDAQ: COIN) has now fallen below that of DOGE, as the exchange’s market capitalization is now less than $8 billion, while DOGE’s market capitalization is close to $10 billion.

Earlier this week, the largest whale on Dogecoin’s network transferred over $280 million in cryptocurrency to a new address, which has since become the network’s fifth largest.


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