The canine-inspired cryptocurrency, Shiba Inu (SHIB), has added another feather to its cap with a new listing on the Japanese crypto exchange BitTrade. BitTrade announced this development via a tweet, stating that the Shiba Inu (SHIB) Listing would take effect from Wednesday, October 18, with the resumption of deposits, withdrawals, and trading of Shiba Inu (SHIB).
Shiba Inu’s Journey in the Japanese Market
Shiba Inu (SHIB) has been making inroads into the Japanese market. Following its initial listing by Bitpoint, another Japanese cryptocurrency exchange, in November 2022, it has seen a steady rise in its presence. Other Japanese crypto exchanges like OkCoin Japan and Bitflyer have also announced the listing of SHIB. This expansion trend was further boosted when SBI Group, a significant financial services conglomerate in Japan, revealed plans in June to commence trading Shiba Inu (SHIB) on its crypto asset platform, SBI VC Trade.
Shiba Inu Alongside Dogecoin on BitTrade
On BitTrade, Shiba Inu was listed alongside another dog-themed cryptocurrency, Dogecoin (DOGE), taking the total number of crypto assets handled by the platform to 34. As mentioned in an official blog post, the services targeted include deposits and withdrawals on its website and app, as well as purchases and sales at its sales offices, with the Shiba Inu handling start date set for Oct. 18, 2023, at 3:00 p.m.
Shiba Inu’s Status on Other Platforms
Shiba Inu’s presence isn’t limited to Japanese platforms. In August, Binance launched Binance Japan, a platform tailored specifically for the Japanese market, which supports Shiba Inu, among several other assets. Additionally, OKCoinJapan, a leading cryptocurrency exchange in Japan, announced in September that it would extend Polygon chain support for Shiba Inu (SHIB).
As of the time of writing, Shiba Inu’s value had risen by 1.18% in the last 24 hours, reaching $0.00000709.
With the ever-evolving crypto market, keeping up with the latest updates can be challenging. However, applications like cryptoview.io can simplify this process, providing real-time updates and comprehensive crypto market analysis.
Discover more with cryptoview.io
