DogeCoin Rocket Rolls Out to BlockFi’s Launching Pad

DOGE Army rejoices as crypto exchange BlockFi announced that users can now buy, sell, and trade Dogecoin on the platform.

In a tweet, BlockFi quoted an earlier inquiry, asking for Dogecoin to be available in the crypto exchange.

CLEARED FOR TAKEOFF: $DOGE is now available on #BlockFi 🚀 https://t.co/3ANdbYiAUD

— BlockFi (@BlockFi) March 1, 2022

The affirmation comes with a rocket emoji, a salute to DOGE Army’s (including Elon Musk) mission to bring the famed meme coin “to the moon.” 

In the same thread, BlockFi revealed that multiple clients have previously requested the DOGE to be available in the platform, further citing that it is one of the “leading crypto assets in terms of market capitalization.”

Following this development, BlockFi clients now have instant access to DOGE, which would help them expand and diversify their respective portfolios. BlockFi has enabled its non-US clients to earn crypto interests on this new asset.

For non-US clients to earn crypto interests on DOGE, they simply need to transfer this digital asset into their BlockFi Interest Account (BIA) at BlockFi International. In the exchange platform, DOGE currently has an introductory rate of 2.0%.

At press time, Dogecoin has a market capitalization of over $17 billion, to which BlockFi clients can get exposure in their wallets.

This news comes as positive for Dogecoin creator Billy Markus, who also left his seal of approval in the thread:

CLEARED FOR TAKEOFF: $DOGE is now available on #BlockFi 🚀 https://t.co/3ANdbYiAUD

— BlockFi (@BlockFi) March 1, 2022

BlockFi assured its users that all assets are fully reviewed and traded in a “safeguarded, tested environment with BlockFi Wallet.” Furthermore, the exchange promised to continue reviewing “assets available to US clients and will make more assets available when it comes viable.”