FTX Japan Will Start Handling Dogecoin In Its Transactions As It Adds Support On It
As stated by the FTX Japan Twitter page, Dogecoin is currently available on FTX Japan. The crypto exchange stated on its website that it will start handling Dogecoin its physical transactions from Tuesday 5th July 2022.
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The translation on their official website stated;
“We plan to start handling DOGE in our physical transactions (sales offices/exchanges) and perpetual transactions from 11:00 am on Tuesday, July 5, 2022. DOGE is a unique coin with a Shiba dog motif and is a crypto asset that has gained a lot of popularity in recent years. It will be possible to easily trade this DOGE, which is often heard in the news, on FTX Japan in the future. FTX Japan is the only domestic exchange that handles perpetual trading of Dogecoin, so please take advantage of it.”
Facts about Dogecoin
The Dogecoin is different from other cryptocurrencies by its inflationary, that is there is no limit on the number of tokens to be generated over time. This is just like the picture of the USD that can be continuously printed.
Its security is quite similar to Litecoin or Bitcoin as the decentralized network via the mining of blocks. Howbeit, Dogecoin is an inflationary asset as the supply grows with time.
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