Polkadot (DOT) Skyrockets 15% Following Coinbase Pro Listing


Coinbase Pro has announced that it will finally allow trading of Polkadot’s DOT token beginning on June 16.

  • According to an announcement from today, Coinbase Pro has listed Polkadot’s DOT token, and users are now able to transfer DOT into their accounts.
  • However, it’s also worth noting that DOT will only begin trading on June 16, Wednesday, if the liquidity conditions are met, which they likely will be.
  • DOT will be available in the jurisdictions which support Coinbase, except Singapore.

Starting immediately, we will begin accepting inbound transfers of DOT to Coinbase Pro. Trading will begin on or after 9am Pacific Time (PT) Wednesday June 16, if liquidity conditions are met. – Reads the announcement.

  • Coinbase is the leading US-based cryptocurrency exchange and also one of the largest in the entire world.
  • Naturally, a listing of this magnitude is a cause for volatility.
  • Since the announcement, the price of DOT has surged by a whopping 15% to touch $25.550 (on KuCoin).
dotusd_chart
DOT/USDT. Source: TradingVIew