The biggest cryptocurrency exchange in the world, Binance, just revealed additional benefits for Dogecoin (DOGE) customers. The top cryptocurrency exchange now offers a new slate of staking activities that let users stake Dogecoin and earn tons of free stuff.
Binance rewards DOGE to new users.
Currently, one of the best cryptocurrency exchanges is Binance. The exchange, which is well-known worldwide, keeps becoming better despite some controversy. Although Changpeng Zhao’s company is gaining new customers every day, the bitcoin exchange has frequently been accused of not listening to its people. Because to its new activity series, which offers lots of rewards, Binance is making headlines once more.
Dogecoin stakes are now permitted on the exchange, and they can yield up to 10% APY. Users that sign up for Binance Savings can also receive free gifts. They merely need to register prior to the event’s conclusion to accomplish this.
The chance to earn even more double rewards with Dogecoin is now available to those who have never enrolled to a savings product. Binance has a talent for drawing attention, therefore the platform supporting the DOGE-BSC offering gave in to pressure from the public. In fact, the Dogecoin proof-of-asset wallet was introduced in May.
Robinhood has large Dogecoin transactions.
Recently, Dogecoin has seen unexpected popularity. The Binance platform is discussing it once more. Many individuals are now gravitating to the cryptocurrency supported by Tesla CEO Elon Musk because of its incentives structure.
This is apparent given that Dogecoin’s price has increased by more than 6% over the previous week. It appears that Binance is not the only business with an interest in DOGE, though.
In fact, Dogecoin has recently been very popular on the Robinhood stock brokerage app. The site would have sent unknowable amounts of DOGE worth billions of dollars, according to the Mishaboar Twitter account.
It is thought that this transaction may represent a rearrangement of its cold storage wallets even though the motives behind it are unknown. Due to the scale of the operation, DogeWhaleAlert also covered it. Due to the increased interest in Dogecoin, the cryptocurrency has once more made it into the top 1000 BSC whales’ list of the finest smart contracts used in the past 24 hours.
After a relatively gloomy spell, Dogecoin is making a comeback. The cryptocurrency has finally reversed its downward trend and is trading higher as a result of Binance rewarding DOGE users. The primary exchange platform is not the only one with an interest in the cryptocurrency meme, though, as Robinhood has also expressed interest in it. In fact, the stock brokerage software transferred about $321 million from DOGE to a different location.
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