Crypto Exchange Bitstamp Lists Shiba Inu as SHIB Adoption Grows

Crypto Exchange Bitstamp Lists Shiba Inu as SHIB Adoption Grows – Altcoins Bitcoin News

Another major cryptocurrency exchange, Bitstamp, has listed shiba inu cryptocurrency. Bitstamp users will be able to tre SHIB against the U.S. dollar and the euro. The announcement came as more tring platforms are listing shiba inu and more stores are accepting the meme crypto for payments.

Bitstamp Adds Support for Shiba Inu Crypto

Cryptocurrency exchange Bitstamp announced Wednesday that it has ded support for four more cryptocurrencies, including the popular meme coin shiba inu (SHIB).

Besides SHIB, the three other cryptocurrencies ded to the Bitstamp platform are dydx (DYDX), gala (GALA), and perpetual protocol (PERP). Users will be able to tre them against the U.S. dollar or the euro.

The London-hequartered exchange opened deposits and withdrawals for shiba inu Wednesday. Users “will be able to place and cancel limit orders” on Thursday, Bitstamp detailed, ding that “Order matching will start and tres will be executed normally” on the same day. The exchange clarified:

Once the order books gather sufficient liquidity, we will enable all order types and card purchases for the new tring pairs as well.

However, Bitstamp noted that “for the time being, these assets will not be available to our U.S. and Singapore customers. ”

Shiba Inu Crypto Adoption Rises

The option of the meme cryptocurrency shiba inu has been steily rising. On Tuesday, the crypto-friendly travel website Travala announced that it has ded SHIB as a payment method, allowing users to purchase over 3 million travel products with the meme crypto.

Retail giant Newegg recently announced that it will start accepting SHIB for payments on its platform this month while AMC Theaters said it will start accepting shiba inu in the first quarter. In November, two major crypto exchanges, Kraken and Gemini, ded support for SHIB.

Supporters of the meme crypto have been petitioning on for the popular tring platform Robinhood to list SHIB but the company recently said that it is in no hurry to d another cryptocurrency to its platform.

What do you think about Bitstamp listing the shiba inu crypto? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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ARTICLE: Crypto Exchange Bitstamp Lists Shiba Inu as SHIB Adoption Grows – Altcoins Bitcoin News
PUBLISHED: 2021-12-09 03:00:06 
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