The world’s “longest running crypto exchange” Bitstamp has listed the meme-inspired cryptocurrency Dogecoin ($DOGE), adding in two trading pairs so its users are able to exchange DOGE for USD or EUR.
According to an announcement from the exchange, the listing was launched with the same policy other assets get on Bitstamp, meaning there are no trading fees for total trading volumes of up to $1,000 over the previous 30-day period.
Bitstamp was founded in 2011, and got registered in the UK in 2013 and in Luxembourg in 2014. It has “a global team of around 400 people” based in offices in the UK, Luxembourg, USA, Singapore, and Slovenia. It is available to people in over 100 countries and currently has over four million users around the world.
Notably, the exchange listed $DOGE months after listing rival meme-inspired cryptocurrency Shiba Inu ($SHIB), which was added back in June. Bitstamp could have been the 100th cryptocurrency trading platform to list the SHIB, but that position ultimately went to Middle Eastern cryptocurrency trading platform Rain.
Bitstamp’s new listing comes at a time in which 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 sitting below $8 billion, while DOGE’s market cap is close to $10 billion.
Earlier this week, the largest whale on Dogecoin’s network moved over $280 million in the cryptocurrency to a new address, that has since become the 5th largest one on the network.
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