The developments in the crypto money market continue unabated with mutual agreements. Tokyo-based cryptocurrency exchange Bitbank supports Dogecoin and Polkadot, increasing the number of cryptocurrencies trading on its exchange to 18.
Japanese financial holding company Sumitomo Mitsui Trust Holdings and Bitbank jointly formed a custody company called Japan Digital Asset Trust (JADAT) in May. This company includes FTX Japan, which announced earlier this month that it will support the popular memecoin Doge.
Earlier in the year, Nikkei reported that Japanese cryptocurrency exchanges had begun the process of simplifying listings to catch up with other trading platforms around the world. Into this process; Bitbank, which opened its doors to Dogecoin for the first time with FTX Japan, is involved in its own stock market by including both Dogecoin and Polkadot.
Starting from August 3, Bitbank will have increased the number of cryptocurrencies traded on the exchange to 20 with these two cryptocurrencies. It is also stated that Dogecoin and Polkadot will be supported by the lending service of the Japanese-based exchange.
In March, BTCBOX became the first licensed cryptocurrency exchange to add support for the Shiba Inu-inspired meme cryptocurrency. Earlier this year, Nikkei reported that Japanese cryptocurrency exchanges had begun the process of simplifying listings to catch up with other trading platforms around the world. The Japan Virtual and Crypto Asset Exchange Association (JVCEA) has approved a token list that includes Bitcoin (BTC), XRP, Ethereum (ETH), Stellar (XLM) and some other popular altcoins that no longer need to be subordinated.
According to CoinGecko data; At the time of writing, Polkadot (DOT) price is $0.067 and a 24-hour trading volume is $543,772,042. Polkadot (DOT) price has increased by 4.9% in the last 24 hours. The price of Dogecoin (DOGE) is $8.23 at the time of writing, with a 24-hour trading volume of $370.113.114. Dogecoin (DOGE) price is up 1.9% in the last 24 hours.