Coinbase, Exchanges

Is Shiba Inu Available on Coinbase?

Coinbase, one of the largest cryptocurrency exchanges in the US, announced that it would be adding support for Shiba Inu (SHIB) to its platform. This news sent SHIB prices soaring, with the token gaining over 50% in value in just a few hours.

However, it seems that Coinbase will not be offering SHIB to its users after all. The exchange has since removed all mention of SHIB from its website and app, and has not given any further updates on the matter.

This is a disappointing turn of events for SHIB holders, but it is not entirely surprising. Coinbase has been known to add and then remove cryptocurrencies from its platform with little notice or explanation.

NOTE: Warning: Shiba Inu (SHIB) is not available on Coinbase. Any website or service claiming to offer Shiba Inu on Coinbase is likely a scam. Be wary of any offers that appear too good to be true, and do your own research before investing in any cryptocurrency.

Just last month, the exchange delisted Ethereum Classic (ETC) after years of listing it.

It is unclear why Coinbase has changed its mind about listing SHIB, but it is likely due to regulatory concerns. The US Securities and Exchange Commission (SEC) has been cracking down on unregistered securities, and SHIB may fall into this category.

Until Coinbase gives a more definitive answer, we won’t know for sure why SHIB is no longer being listed on the exchange. However, this does not look like good news for the token’s future prospects.

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