BitoEX crypto exchange adds support for Shiba inu

39

Taiwan-based crypto exchange listed Shiba inu coin at their platform on the demand of users. 

We know very well how Shiba Inu caught the hand of Dogecoin’s popularity because of Tesla CEO Elon Musk’s shout-out. But the journey of the Shiba inu coin was not easy to make a better position and rank the crypto space. Many times many crypto influencers appreciated the trend of the Shiba inu coin and also invested in Shiba. For example, Pac Protocol founder joined the trend of Shiba but besides the support of Pac protocol co-founder, there were crypto influencers like Anthony Pompliao, who criticized Shiba inu as dog poop. But still, besides all these things, Shiba is getting better support from crypto-inclined services. Almost all the crypto exchanges added support for the Shiba inu coin. 

In the latest, Taiwan-based crypto exchange BitoEX announced that the Trading of Shiba inu meme coin is now available for its users. 

However, the deposit and withdrawal of the Shiba inu coin were enabled by the exchange in the last week. So it was almost sure that the exchange was in the full plan to make the trading of Shiba inu available. 

BitoEX crypto exchange is a very old exchange. This exchange was launched in 2014 and at that time it was one of the most popular crypto exchanges. In the same year of launching the exchange, it joined FamilyMart, an East Asian convenience store operator, to facilitate Bitcoin payment with the use of digital Kiosks. 

The popularity and trust of this exchange can be seen by an example of an ICO, that was held by the exchange in 2018. Within a few minutes, the exchange raised around $10 million, which was a very big amount in that time.

Unocoin, Bit2Me Bitstamp added support for Shiba 

In the 7 days, many crypto exchanges added support for the Shiba inu coin. 

The popular Indian exchange Unocoin added Doge and Shiba coins to allow the Indian crypto users to trade with these two popular meme coins. Besides the Unocoin exchange, Spanish crypto exchange Bit2Me and also popular crypto exchange Bitstamp listed Shiba inu. 

*Bitstamp is facing some kind of technical issues to integrate Shiba inu coin but it will successfully add in the first week of January, as per reports. 

Read also: Billionaire Ray Dalio: Bitcoin is an alternative to Gold for Young Generation