On June 3, the cryptocurrency exchange Coinbase Pro will add the Ilon Musk-backed meme token Dogecoin (DOGE) to its listing.
Starting today, inbound transfers for DOGE are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9AM PT on Thursday June 3, if liquidity conditions are met. https://t.co/sFYODy4Xma
— Coinbase Pro (@CoinbasePro) June 1, 2021
DOGE trading will begin when the necessary liquidity criteria are met. Asset transfers to the platform will be available from June 1.
Customers will be offered token pairs against the U.S. dollar, euro, pound sterling, USDT and bitcoin.
On May 13, during a conference call with investors, Coinbase CEO Brian Armstrong promised to add Dogecoin to the listing "within six to eight weeks."
The token price reacted with an 18.2% increase overnight. Ilon Musk's new tweet could also provide support. At the time of writing, DOGE is trading at $0.39, according to CoinGecko. The cryptocurrency ranks sixth in terms of capitalization at $51.2 billion.
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