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Tuesday, June 18, 2024

Bitstamp Lists Four New Cryptocurrency Including Shiba 

Bitstamp added for four more cryptocurrencies, Shiba inu (SHIB), dydx (DYDX), gala (GALA), and perpetual protocol (PERP).

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Bitstamp cryptocurrency exchange based in Luxembourg announced on Wednesday that it has added for four more cryptocurrencies, including the popular meme coin Shiba inu (SHIB), the three other cryptocurrencies are dydx (DYDX), gala (GALA), and perpetual protocol (PERP).

The exchange opened deposits and withdrawals for Shiba inu. Users will be able to place and cancel orders against the U.S. dollar or the euro on Thursday, Bitstamp detailed, adding that “Order matching will start and trades will be executed normally” on the same day.

The exchange clarified:
Once the order books gather sufficient liquidity, we will enable all order types and card purchases for the new trading pairs as well.

However, Bitstamp said that “for the time being, these new crypto assets will not be available to our U.S. and Singapore customers ”.

The adoption of the meme cryptocurrency Shiba inu has been steadily rising. Recently a travel company Travala announced that it has added SHIB as a payment method, allowing users to book 2 millions hotels and flights.

Retail giant Newegg also announced that it will start accepting SHIB for payments on its platform this month while AMC Theaters said it will start accepting Shiba inu in the first quarter of 2022.

In the last week of November, Vegas Auto Gallery luxury and exotic vehicles dealer also started accepting Shiba Inu payment for Its Services.

Supporters also signed a petition on Change.org to list the SHIB in the popular trading platform Robinhood.


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