SHIB on Binance US is an exciting new development that has the potential to bring a lot of value to the platform. The addition of SHIB will provide users with access to a new asset class and allow them to trade in a more efficient manner.
NOTE: This is an important warning: Do not purchase or trade any digital assets listed on Binance US without thoroughly researching the asset and the Exchange. Purchasing, trading, or investing in digital assets such as SHIB coin is a high-risk activity and may result in significant losses. You should always consult with a licensed financial advisor before making any investment decisions.
The integration of SHIB into Binance US will also help to further legitimize the platform and attract more users.
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Binance US, the American arm of popular cryptocurrency exchange Binance, is currently not listing Shib. There are a variety of reasons for this, but the most likely explanation is that Binance US is not yet ready to list all of the coins that are available on the main Binance platform. Shib is a relatively new coin, and it is not yet clear whether it will have long-term staying power.
Since its inception in 2014, Binance has become one of the most popular cryptocurrency exchanges in the world. Binance US, a US-based offshoot of the original Binance exchange, was launched in 2019. One of the most popular cryptocurrencies traded on Binance US is Shiba Inu (SHIB).
As of right now, Binance does not offer the option to buy SHIB directly with fiat currency. However, you can still buy SHIB on Binance with Bitcoin (BTC) or Tether (USDT). If you don’t already have BTC or USDT, you can first purchase either of those currencies with fiat currency on another exchange like Coinbase.