Despite poor market conditions, the Shiba Inu has maintained its adoption streak. The cryptocurrency, the breakout star of 2021, has been included in the top ten cryptocurrencies by market size and is slowly working its way down. This time, the meme coin is available on Bitstamp, the 13th largest cryptocurrency exchange by trading volume.
Shiba Inu Makes Its Bitstamp Debut
Bitstamp announced on its blog on Wednesday that Shiba Inu would be listed among three other digital assets. The listing comes after much anticipation from the meme coin community, which has been lobbying for greater adoption across major cryptocurrency exchanges. The asset is now available to the Bistamp exchange’s approximately 4 million customers.
The Shiba Inu listing followed the exchange’s listing procedures. First, deposits and withdrawals were enabled on the site, but customers could not conduct trades during this period.
The cryptocurrency will be properly listed on the exchange on Thursday, December 9th, allowing users to begin putting orders at 8:00 a.m. UTC. These commands, however, will not be implemented after positing but will provide users with the choice.
Order matching will be enabled for the following step, and posted transactions will be completed only for limited orders. This will start at 12:00 a.m. UTC.
TradingView.com’s Shiba Inu price chart
The listing will conclude with full trade. This will occur when the order books have collected enough liquidity. At that moment, Bitstamp will permit card purchases for all new trading pairs and open all order types.
Robinhood will not budge.
Although the Shiba Inu community has applauded all recent improvements in exchange listings, one platform’s debut that is most awaited is Robinhood. The SHIB community’s petition to encourage the trading app to include the meme coin has received over 540,000 signatures, however, there has been no response from Robinhood on the listing.
When the trading platform carried out a poll asking users which cryptocurrency they purchased the most, Shiba Inu was included on the list. The community saw this as a sign that Robinhood was thinking of listing the meme coin.
Christine Brown, COO of Robinhood, shattered these aspirations when she remarked that the company was not hasted to integrate additional cryptocurrencies for trading. Nonetheless, the community is optimistic that a listing on Robinhood will place Shiba Inu on par with the top joke coin, Dogecoin.