It’s been while that Dogecoin (DOGE) has broken the resistance barrier of the bear market. The price of DOGE has dropped from $0.002 USD to $0.0019 USD. But that’s how the market has reacted since the start of the years. Some coins have taken advantage of this uncertain market and the rest of them have dropped a bit.
About Vertbase, The American Exchange
About a week, Dogecoin was listed on an American Exchange, Vertbase. The exchange operates in full compliance with both the federal and state laws and regulations. The security of the exchange is of a top level, the authorization from higher authorities shows that it is a trustworthy platform.
Vertbase uses anti-money laundering (AML) and KYC methods in order to counter and check possible risks and violations of the rules. At the moment, the crypto exchange does not allow sales for the digital currencies to different states which include, NY, WA, AK, CT, HI, IA, ME, NC, NH, NM, RI, and VT State. So, currently, the Dogecoin (DOGE) users could only trade in the rest of the remaining states of U.S.A.
Vertbase is in the process of reviewing and acquiring money transmitter license and bit-license requirements in those states and hope to be able to serve the users in the near future. The Dogecoin users in the above-mentioned states would have to wait for a while before Vertbase starts its services in the rest of the states.
Dogecoin Listing On Vertbase
The listing of Dogecoin (DOGE) on the American exchange will increase its volume and we can the growing interest of users in Dogecoin across the globe. Especially, for the U.S users, they have a new platform through which they can trade their DOGE’s with ease and full security.
What Dogecoin users have to do is just go to the Vertbase platform, sign up, verify and trade the DOGE directly with fiat currency within 5 minutes. The platform is pretty reliable and easy to use and provide fast services. So, Dogecoin users have yet another place where they could trade their currency.
This listing would help the market of Dogecoin in long-term, such small listings and developments are one of the core reasons for the success in a long-term run.
Dogecoin (DOGE) has just shifted its gears towards the green zone. At the time of press, Dogecoin was rising up at a rate of 1.30% and when compared to BTC, it was surging up at a rate of 2.25%. The price at which DOGE is trading was around $0.001997 USD with a market cap of $236 million and the trading volume was around $15 million.
Dogecoin has dipped its price due to the fall in the entire market in the recent past. The DOGE HODLers do not need to worry it’s just a regular bearish trend of the market. But, the future of the meme coin is bright, the users are showing interest in this asset and it has the potential to come up to the expectations of its users.