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What are the reasons behind Dogecoin's absence from Coinbase?

avatarNabila TasnimDec 18, 2021 · 3 years ago3 answers

Why is Dogecoin not listed on Coinbase? What factors have contributed to its absence from the popular cryptocurrency exchange?

What are the reasons behind Dogecoin's absence from Coinbase?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    There are several reasons why Dogecoin is not listed on Coinbase. One possible reason is that Coinbase has strict listing criteria and only adds cryptocurrencies that meet certain requirements. Dogecoin may not have met these requirements, such as having a certain level of market capitalization or trading volume. Another reason could be that Coinbase has chosen to prioritize other cryptocurrencies over Dogecoin, based on their own market research and analysis. Additionally, Coinbase may have concerns about the regulatory environment surrounding Dogecoin, as it has faced scrutiny and criticism in the past. Overall, the absence of Dogecoin from Coinbase can be attributed to a combination of factors including listing criteria, market prioritization, and regulatory considerations.
  • avatarDec 18, 2021 · 3 years ago
    Well, the absence of Dogecoin on Coinbase is a bit of a bummer for Doge enthusiasts. It seems like Coinbase has its own set of rules when it comes to listing cryptocurrencies, and Dogecoin just didn't make the cut. Maybe they're looking for more established and mainstream coins, or maybe they're just not big fans of the Doge meme. Who knows? But hey, there are plenty of other exchanges where you can trade Dogecoin, so don't sweat it too much!
  • avatarDec 18, 2021 · 3 years ago
    As an expert at BYDFi, I can shed some light on this. The absence of Dogecoin from Coinbase is primarily due to Coinbase's listing process and criteria. Coinbase has a rigorous evaluation process for adding new cryptocurrencies, and not all coins make it through. While Dogecoin has gained popularity and has a dedicated community, it may not have met Coinbase's specific requirements for listing. However, it's important to note that Dogecoin is available on other reputable exchanges, so users still have options to trade this beloved meme-inspired cryptocurrency.