Luxembourg-Based Crypto Exchange Adds Shiba Inu (SHIB)


Shiba Inu is one of the most popular cryptocurrencies worldwide. As a result, one of the oldest crypto exchanges, Bitstamp, is ready to feature the memecoin on its platform.

The exchange announced via a blog post today that it has listed two trading pairs for the cryptocurrency, including SHIB/EUR and SHIB/USD.

Bitstamp Lists Shiba Inu

The announcement stated that Bitstamp users can deposit their Shib tokens to the platform today, while users who want to purchase the cryptocurrency can do so beginning tomorrow.

While users will be allowed to place limit orders from tomorrow by 07:00 AM UTC, these orders will not be filled until the exchange has enough liquidity. Within this time, users can cancel their orders before matching orders commence.

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According to the announcement, Bitstamp will begin matching all orders by 11:00 AM UTC tomorrow. Furthermore, the most prominent European exchange noted that once it has gathered enough liquidity, it will start full trading for the memecoin, including card purchases, and add more Shiba Inu trading pairs.

About Bitstamp

Bitstamp is one of the oldest cryptocurrency exchanges that launched in the early days of crypto. The exchange was established in 2011, with its headquarters located in Luxembourg. Additionally, the European exchange stands out among its peers due to its low trading fees and has successfully onboarded millions of users globally.

As Shiba Inu becomes the latest coin to be listed, the cryptocurrency will be available to millions of Bitstamp users worldwide.

According to data on Coingecko, Bitstamp ranks as the 25th-largest exchange with a 24-hour trading volume of $215.8 million.

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