Coinbase Android and iOS platforms announce support for Dogecoin (DOGE)

  • Dogecoin (DOGE) available on both the Android and the iOS versions of the app as from next week.
  • Coinbase Wallet app can be downloaded from anywhere in the world.

The leading cryptocurrency exchange in the United States, Coinbase will be adding support for Dogecoin (DOGE) on “Coinbase wallet.” This means that DOGE will be available on both the Android and the iOS versions of the application. Coinbase also took time to differentiate between Coinbase.com and Coinbase wallet:

 “Coinbase.com a.k.a Coinbase Consumer is a digital currency brokerage - you use it to buy or sell cryptocurrency in exchange for fiat currency (i.e. USD or your local currency). Coinbase Consumer can also act as a custodian, storing your digital currency for you after you purchase it. Coinbase Consumer is available in 32 countries.

 Wallet is a user-custodied digital currency wallet and DApp browser. This means that with Wallet, the private keys (that represent ownership of the cryptocurrency) are stored directly on your device and not with a centralized exchange like Coinbase Consumer. You do not need a Coinbase Consumer account to use Wallet and you can download Wallet from anywhere in the world."

Additional details in a blog post said that users will be able to start using the Coinbase Wallet app store Dogecoin as from next week. The Product Lead at Coinbase Siddharth Coelho-Prabhu explains to users on how to start using the wallet:

"To find your DOGE wallet, all you need to do is tap ‘Receive’ on the main wallet tab and select DOGE."

 

BEST BROKERS TO TRADE CRYPTO

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.