Payment platform of the first public crypto exchange added Dogecoin

Coinbase Commerce serves 8,000 retail outlets worldwide, including one of the world’s oldest auction houses, Sotheby’s.

Crypto exchange Coinbase announced the addition of Dogecoin to its Coinbase Commerce payment platform.

The company claims that the service serves over 8,000 retail outlets around the world.

In May, one of the world’s oldest auction houses, Sotheby’s, began accepting Bitcoin and Ethereum through the platform.

The service also supports Bitcoin Cash, Litecoin and USDC stablecoin.

much payment. very commerce. 🐕

Just a quick blast to let you know we’re now accepting commerce payments in Dogecoin (DOGE)!

— Coinbase Commerce (@CommerceCB) July 21, 2021

Dogecoin was added to the professional trading platform Coinbase Pro in early June.

Against the background of the listing, cryptocurrency quotes rose by 34%. At the same time, altcoin has not yet been presented on the main crypto exchange Coinbase.

Dogecoin ranks eighth in the list of the largest cryptocurrencies in terms of capitalization. Over the past 24 hours, the price of the asset has risen by 10%, to $ 0.19, according to CoinGecko.

In the spring, Coinbase went public on the NASDAQ exchange, bypassing the IPO procedure, through a direct listing.

At the peak, the value of the company’s shares reached $ 429.5, but then they entered the stage of decline.

As of July 22, the price of securities of the first public crypto exchange is $ 231 at the premarket. 

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