#Dogecoin users can now be part of a rewards program on crypto exchange Binance. The cryptocurrency exchange has announced a rewards program. #Binance, one of the world's largest crypto exchanges, has launched a series of locked stake #TradeStories activities through which users can earn up to 10% APY by depositing Dogecoin. Annual percentage yield (APY) is the return received on the deposited cryptocurrency over a fixed period of time.
Binance made an announcement on the platform and informed about the development. Apart from this, Binance has also announced new incentives for new users signing up for Binance Savings. Even if users do not switch to the exchange's savings products by the end of the rewards program, users can still earn double APY benefits with Dogecoin. In May, Binance released the Dogecoin Proof of Asset Wallet that supports DOGE-BSC supply. Binance released this wallet after heavy demand from the community.
According to Dogecoin-related Twitter account Mishaboar, stock brokerage app Robinhood has done a large amount of Dodgecoin transactions. According to the report, Robinhood has transferred 4.57 trillion Dodgecoins, which are worth around $321 million. In this regard, the DogeWhaleAlert report says that Robinhood has transferred a large number of its holdings of Dodgecoins to a new cold wallet.
The latest data from WhaleStats says that in the last 24 hours, Dogecoin has once again become the most used smart contract by the top 1000 BSC whales. There has been a big increase in the price of Dodgecoin today. In the last 24 hours, the price of Dodgecoin has increased by 1
$DOGE 0.39%.
