Robinhood Crypto Adds Support For Dogecoin Transfers

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Robinhood Crypto has supported DOGE token transfers
Robinhood Crypto has supported DOGE token transfers from

Robinhood Crypto Adds Support for Dogecoin Transfers

What is Dogecoin?

Launched in December 2013, Dogecoin is a peer-to-peer, decentralized cryptocurrency and open-source software that was created as a joke currency based on a popular Internet meme of a Shiba Inu dog. Its creators, Billy Markus and Jackson Palmer, have described Dogecoin as a "fun and friendly" internet currency, contrasting it with the "serious" Bitcoin.

Robinhood Crypto Supports DOGE Transfers

Robinhood Crypto announced on July 20, 2022 that it has added support for Dogecoin (DOGE) transfers. This means that Robinhood Crypto users can now send and receive DOGE from other wallets and exchanges. Robinhood also plans to roll out the ability to buy and sell DOGE "in the coming weeks."

How to Transfer DOGE to Robinhood Crypto

Here are the steps to initiate a transfer of Dogecoin to your Robinhood Crypto account:

How to Transfer DOGE From Robinhood Crypto

To initiate a transfer of Dogecoin out of your Robinhood Crypto account:

Conclusion

Robinhood Crypto's support for Dogecoin transfers is a significant development that will make it easier for users to buy, sell, and trade DOGE. This is a positive development for the Dogecoin community.