As Dogecoin continues to gain traction in the crypto space, Hong Kong-based cryptocurrency exchange Bikkex has recently announced that it added the meme-based virtual currency to the list of supported coins. At the moment the cryptocurrency can be traded against USDT and Bitcoin, with other cryptocurrency trading pairs to be made available shortly. Both deposits and withdrawals for Dogecoin have been enabled on the exchange.
Inspired by a Shiba Inu dog, Dogecoin was launched in 2013 as a joke on the cryptocurrency frenzy happening at the time. However, the coin proved itself quite useful in such activities as online gambling and short-term trading, mostly because of its low price and extreme volatility. Thanks to this year’s cryptocurrency rally, Dogecoin has turned out to be the most profitable investment on the market in 2021 so far.
Starting as low as $0.00468 on December 31, 2020, it reached an all-time high of $0.7364 per coin on May 8, 2021, surging over 15,000% within a few months and becoming the fourth-biggest virtual currency according to the CoinMarketCap data. Given this development, it comes as no surprise that so many cryptocurrency exchanges have voiced their support for this digital currency.
Further information on Dogecoin can be found at dogecoin.com. Information about Bikkex is available at https://bikkex.com