Bitstamp lists Shiba Inu (SHIB)

Thu 09 Dec 2021 ▪ 13h04 ▪ 2 min read — by Susan McCormack

Huge crypto exchange Bitstamp has listed Shiba Inu (SHIB). Now the platform’s clients can trade SHIB against EUR and USD. The exchange took this step due to the coin’s growing popularity.

Expanding the list of available assets

Yesterday, it became known that Bitstamp added support for four digital assets, including Shiba Inu (SHIB). Other three coins added were DYDX, GALA and Perpetual Protocol (PERP), as reported by Bitcoin.com.

The exchange’s clients can buy and sell new assets for the euros or the US dollars. Newly added cryptos are not yet available to users from Singapore and the USA.

SHIB is gaining supporters

Surprisingly enough, SHIB’s popularity is constantly growing.

On Tuesday, 8th December, a travel-oriented website Travala added the token as a means of payment. Now Travala’s customers can use the coin to pay for a trip or buy a ticket to any event.

Recently, retail giant Newegg has announced that it will start accepting SHIB as payment by the end of the year.

Cinema fans will be able to pay for a trip to AMC Theaters with the ‘dog coin’ in the first quarter of 2022.

Two major crypto exchanges, Kraken and Gemini, added support for SHIB back in November 2021. Robinhood, in turn, is in no hurry to expand the list of available crypto assets, despite the users’ requests.

Considering all the news surrounding SHIB, it’s possible that in the near future its cost will soar up to thousands of dollars. Until that happens, you still get the chance to add the coin to your investment portfolio.

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Susan McCormack

How many crypto nerds does it take to fork an altcoin? I may be a failed comedian, but crypto is no joke! I want to share my knowledge and help others to see the bright future ahead. #buybitcoin

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

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