Coinbase, Exchanges

Why Can’t I Buy Shiba Inu on Coinbase Pro?

As of September 2019, Coinbase does not offer the option to buy Shiba Inu on their Pro platform. There are a few potential reasons for this. First, Coinbase Pro is geared more towards professional traders and investors, while Shiba Inu is still a relatively new and unknown cryptocurrency. This means that there is less demand for Shiba Inu on Coinbase Pro than there is on other exchanges.

NOTE: WARNING: Coinbase Pro does not offer Shiba Inu as a trading option. Any offers to purchase Shiba Inu on Coinbase Pro should be viewed as fraudulent and reported immediately. Additionally, any attempts to purchase Shiba Inu on Coinbase Pro may result in the termination of your account without notice.

Second, Coinbase may be waiting to list Shiba Inu on their Pro platform until it becomes more established and there is more trading volume. Lastly, it’s possible that Coinbase simply doesn’t have the resources to list every single cryptocurrency on their Pro platform, and they have to prioritize which ones to add.

In conclusion, the lack of Shiba Inu on Coinbase Pro is likely due to a combination of factors, including the relatively new and unknown status of the currency, low trading volume, and Coinbase’s priorities when it comes to listing new assets.

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