Polkadot (DOT) Surge 15% After Coinbase Pro Listing News
The price of Polkadot (DOT) has jumped up by 15% immediately after the announcement of the upcoming Coinbase Pro listing.
Coinbase Pro announced earlier today that it will finally include trading of Polkadot’s DOT token starting on June 16.
According to the announcement, Coinbase Pro has listed Polkadot’s DOT token, and users are already able to transfer DOT into their accounts, but DOT trading will only begin on June 16, Wednesday, if the liquidity conditions are met, which they most likely will be.
DOT will be available in all the jurisdictions that support Coinbase, except Singapore.
The announcement stated:
“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.“
Coinbase is the leading US-based cryptocurrency exchange and also one of the largest in the entire world. A listing of this size is a likely cause for volatility: Since the announcement, the price of DOT has surged by a whopping 15% to touch $25.550 according to CoinMarketCap.
