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Robinhood Crypto Now Offers Commission-Free Trading for Dogecoin

July 18, 2018

Robinhood Crypto now supports Dogecoin on its popular commission-free trading app, increasing its offerings to a total of five cryptocurrencies.

Bitcoin (BTC)Bitcoin Cash (BCH)Dogecoin (DOGE)Ethereum (ETH)Litecoin (LTC)

Robinhood Crypto also supports real-time market data for 11 coins.

Bitcoin Gold (BTG)Dash (DASH)Ethereum Classic (ETC)Lisk (LSK)Monero (XMR)NEO (NEO)OmiseGO (OMG)Qtum (QTUM)Ripple (XRP)Stellar (XLM)Zcash (ZEC)

Dogecoin is an ERC20 token that started in 2013 as a joke – a riff on the “Doge” internet meme. Like Bitcoin, it can be mined and traded, and used to make purchases. It quickly gained steam and attracted a devoted online community that turned the Doge into a $2 billion powerhouse cryptocurrency when it exploded in January, before falling to a current valuation of roughly $380 million.

The parody project went on to fuel the Colorado-based Dogecoin Foundation which raised $50,000 in January 2014 to help send the Jamaican bobsled team to the 2014 Sochi Olympics, and $30,000 to help Kenyans build water wells, among other philanthropic efforts.

From laughing stock to multi-million dollar digital currency, Dogecoin made it clear that cryptos count and that the water crisis in Kenya is no joke.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.