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Coinbase makes Dogecoin available to retail investors

Coinbase retail users can now sell, buy and store dogecoin on the exchange, the company said in a blog post, and to stir interest is running a $1.2 million dogecoin giveaway promotion.

  • Investors who opt in and purchase $100 worth of Dogecoin will be eligible for the promotion.
  • Coinbase has launched information web pages about Dogecoin, and a section that addresses frequent questions about cryptocurrency.
  • Earlier this week, the company announced that it was adding the meme-based cryptocurrency to its professional trading platform, Coinbase Pro.
  • The crypto exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.

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CoinDesk Analysis Team

CoinDesk is the media platform for the next generation of investors exploring how cryptocurrencies and digital assets are contributing to the evolution of the global financial system.

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