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Coinbase Adds Polkadot Trading to Pro Platform

Cameron Thompson
Updated ·1-min read

Coinbase’s professional trading platform has added DOT, the native currency of the Polkadot blockchain, the exchange said in a blog post Monday.

As of Monday, the token is available to transfer into Coinbase Pro accounts. Trading will begin on or after 9 a.m. PT Wednesday.

The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing them on the professional version, although that turned out not to be the case when it added dogecoin. Coinbase Pro currently supports 50 cryptocurrencies.

Related: Coinbase Hires Former SEC Alum to Lead Exchange’s Capital Markets Legal Work

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Trading pairs to be supported include DOT-USD, DOT-BTC, DOT-EUR, DOT-GBP and DOT-USDT.

Read more: Lending Startup Parallel Finance Raises $2M to Bring More DeFi to Polkadot, Kusama

DOT’s price has risen 19% over the last 24 hours, according to CoinDesk 20 data. DOT recently traded at $25.12. Polkadot is a project associated with the Web3 Foundation.

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