Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has announced it will support Shiba Inu (SHIB) – a meme-based cryptocurrency – on its platform.
This means that Binance users will be able to trade SHIB against other cryptocurrencies listed on the exchange, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and Tether (USDT).
NOTE: WARNING: Binance does not currently support Shiba Inu (SHIB) as a trading pair. Any claims to the contrary are false, and trading SHIB on Binance may be considered a violation of the Terms of Service. We advise users to exercise caution when dealing with any digital asset and to only trade with funds they can afford to lose.
The announcement comes just days after SHIB’s price surged by over 1,000% following a successful “airdrop” campaign that saw the cryptocurrency distributed to holders of Ethereum’s native token, ETH.
SHIB is now the sixth-largest cryptocurrency by market capitalization with a value of over $6 billion. It remains to be seen if Binance’s listing will provide further momentum for the altcoin’s price.
Binance has been one of the most active cryptocurrency exchanges when it comes to listing new assets in recent months. In addition to SHIB, the exchange has also announced support for a number of other altcoins, including Aave (AAVE), Uniswap (UNI), and Synthetix (SNX).
6 Related Question Answers Found
Binance US, the American division of the world’s largest cryptocurrency exchange, does not currently offer trading in Shiba Inu (SHIB). However, this may change in the future as the exchange continues to list new assets. Shiba Inu is a “joke” cryptocurrency that was created in early 2020.
Binance, one of the world’s largest digital currency exchanges by trading volume, does not have Shiba. The reason for this is that Binance was created after Shiba Inu’s ICO (Initial Coin Offering) had already taken place. Shiba Inu is a decentralized application (DApp) built on the Ethereum blockchain that allows users to earn rewards for participating in its community.
Binance Chain is a public blockchain platform developed by Binance and its community. The mainnet was launched in April 2019. Binance Chain is powered by the native Binance Coin (BNB) token.
Shiba Inu, the popular Dogecoin fork, has been gaining a lot of traction lately. With the recent surge in the price of Dogecoin, many investors are looking for alternative investments in the cryptocurrency space. One such alternative is Shiba Inu, which has been making waves on social media and has even been dubbed the “Dogecoin killer” by some.
Shiba Inu is a decentralized cryptocurrency with a focus on privacy, security and interoperability. It is an ERC-20 token built on the Ethereum blockchain. Shiba Inu was created with the aim of becoming a “meme coin” similar to Dogecoin, but with a few key differences.
Shiba Inu Coin is a new cryptocurrency that has taken the world by storm. Created in early 2020, this meme-based digital asset has seen explosive growth and is now one of the top 10 cryptos by market capitalization. With its unique approach to marketing and strong community support, Shiba Inu Coin has quickly become one of the most talked-about cryptos in the space.
