Dogecoin (DOGE) Gets Listed On Huobi Exchange With 3 New Pairs

It seems like Elon Musk’s favorite cryptocurrency is gaining a momentum as of recently. We are talking about Dogecoin (DOGE) which started off as a meme cryptocurrency inspired by a funny dog photo – to later get accepted as a crypto and today get listed on the veteran cryptocurrency exchange Huobi as part of the latest cryptocurrency news.

What’s important to mention is the recent momentum that Dogecoin experienced. The altcoin has corrected on its BTC peg in the interim. However, this historical surge for the currency is based on a lot of attention as well as it being widely traded and used in many places that also accept Bitcoin, Litecoin and Ethereum such as gambling sites and payment processors.

Facts show that Dogecoin is one of the oldest cryptocurrencies with a reasonable hashrate that has never been offered by Coinbase for sale. As Huobi stated in the announcement introducing the three new pairs:

“In a dedicated effort to provide our customers with carefully vetted and high-quality trading options, we are announcing support for a new addition to the Huobi Marketplace: Dogecoin (DOGE).”

Speaking of, the pairs will include DOGE/BTC, DOGE/ETH, and DOGE/USDT.

For the skeptics out there thinking that this is a joke, it is worth to mention that the team did not announce the news on April fool’s day (when people might have taken them as joke) but actually listed a cryptocurrency which maintains a high degree of liquidity and trading platforms.

Huobi Global (hbg.com) is the eight largest crypto exchange by trading volume at press time. The Dogecoin (DOGE) trading and withdrawals will begin at 7PM PST on April 5 and the first deposits can be made on Huobi.
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com and HBG.com.

However, Huobi is not the only exchange to offer stablecoin pairs for Dogecoin and enable traders to visualize a fiat value for crypto.