The price of DOT has surged by 15% immediately after the announcement of the upcoming Coinbase Pro listing.
Coinbase Pro has announced that it will finally allow trading of Polkadot’s DOT token beginning on June 16.
According to an announcement from today, Coinbase Pro has listed Polkadot’s DOT token, and users are now able to transfer DOT into their accounts.
However, it’s also worth noting that DOT will only begin trading on June 16, Wednesday, if the liquidity conditions are met, which they likely will be.
DOT will be available in the jurisdictions which support Coinbase, except Singapore.
Starting immediately, we will begin accepting inbound transfers of DOT to Coinbase Pro. Trading will begin on or after 9am Pacific Time (PT) Wednesday June 16, if liquidity conditions are met. – Reads the announcement.
Coinbase is the leading US-based cryptocurrency exchange and also one of the largest in the entire world.
Naturally, a listing of this magnitude is a cause for volatility.
Since the announcement, the price of DOT has surged by a whopping 15% to touch $25.550 (on KuCoin).
Georgi Georgiev is CryptoPotato's editor-in-chief and seasoned writer with over four years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn
