Coinbase Wallet now supports Elon Musk’s favorite Cryptocurrency Dogecoin
Coinbase Wallet is now providing support for Tesla founder, Elon Musk’s favorite Cryptocurrency, Dogecoin (DOGE).
Coinbase highlighted the wallets’ main features by stating,”Coinbase Wallet is a software product that gives you access to a wide spectrum of decentralized innovation – buy and store ERC-20 tokens, participate in airdrops and ICOs, collect rare digital art and other collectibles, browse decentralized apps (DApps), shop at stores that accept cryptocurrency, and send crypto to anyone around the world.”
Previously, Coinbase Wallet supported multiple crypto assets, including Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, XRP, and Stellar Lumens. Even though Dogecoin is one of the oldest Cryptocurrencies with an active community, Coinbase has still not added the token to its exchange platform.
To access the wallet, users can download the app on either Android or iOS systems during the next week. To locate the DOGE wallet, users will only need to tap “Receive” on the main wallet tab, and then choose DOGE as the token to accept.
Along with holding DOGE tokens, the Wallet allows users and developers to access the DOGE Testnet, which users can do from the Advanced Settings section. The company is working to add support for other cryptocurrencies as well, which is shown by their addition of KIN and XYO to Coinbase Custody this week.
According to Coinmarketcap, Dogecoin is valued at $0.0026 at the time of writing.
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