Dogecoin on coinbase

Try logging in or creating an account here to get back to browsing. Does coinbase sell dogecoin The popular crypto exchange Coinbase recently made Dogecoin (DOGE) available for trading on its platform. Users can now buy, sell, convert, send, receive, or store Dogecoin on Coinbase.com and through the Coinbase and Coinbase Pro apps.

The price of dogecoin jumped 21% from its Tuesday 5 p.m. ET level to trade near 41 U.S. cents, its highest in about two weeks, according to CoinDesk. That gives the cryptocurrency, which was designed to serve no real purpose, a market value of about $53 billion. Still, it has lost almost half its value from its May peak. Dogecoin Whale Transfers $5M In DOGE To Coinbase, Bearish Signal? "As just a person who looks at markets that does concern me," he said. "What makes up a good investment is never just that one piece of the mosaic. Taking one of those pieces and amplifying it without updating the rest of the picture –that's not something that should be encouraged."

Some crypto exchanges also let you use your credit card to buy cryptocurrency, but be aware of the risks. The bank will treat the transaction as a cash advance, the same as if you borrowed cash from your credit card via an ATM and,. Because that kind of transaction carries a hefty interest rate, you could end up paying a lot more for your dogecoins than what they’re worth. And if dogecoin’s value goes down, you’re left with high-interest credit card debt and no crypto profits to pay it off. Navigation menu The success of Dogecoin is closely intertwined with Elon Musk's passion for it. Musk began tweeting about Dogecoin in early 2021, sharing a Lion King DOGE meme. That kickstarted a furious DOGE rally — with temporary dips — that culminated in Musk's appearance on Saturday Night Live.

Coinbase is the easiest and most trusted place to buy, sell, and manage your digital currency. This update includes bug fixes and performance improvements. Should you invest in dogecoin? Dogecoin has since mid-this week spiked incredibly, allowing bulls to regain some of the ground lost in May’s massive cryptocurrency crash. Dogecoin dropped to $0.21 before making a brief recovery, stepping above $0.4. However, it retreated and remained relatively consolidated between $0.28 and $0.35.