CWallet, a crypto wallet that provides both custodial and non-custodial services, has declared that it will now allow users to store and trade Bone (BONE), the governance token used on ShibaSwap, the decentralized exchange for the Shiba Inu cryptocurrency.
CWallet has joined a group of platforms recently announcing their backing for BONE, which has gained attention due to the excitement surrounding Shibarium.
Currently, over 37 million CWallet users can access BONE to send, receive, tip, and earn cryptocurrency assets through their wallet-based services.
Unsurprisingly, the announcement has led to a surge of excitement among supporters of Shiba Inu, who have praised CWallet for joining the growing list of entities that are supporting BONE.
Upon examination of the CWallet platform, it has been observed that the wallet does not currently offer full support for BONE. While the asset is currently available for Bulk Payment functionality, the community expects full integration to be implemented in the near future.
Read article: Shiba Inu: Unexpected Burn of 1.9B SHIB Raises Speculation Ahead of Shibarium Launch
Numerous BONE Adoption
CWallet is one of the many platforms that have recently added BONE to its listing, taking advantage of the excitement around the beta launch of Shibarium. Over the past three weeks, four other platforms have also declared their support for BONE.
Poloniex, which is among the world’s oldest exchanges, has revealed that it will add BONE to its listing on Thursday. In addition, NovaDAX, a Brazilian exchange, announced two days earlier that it had started trading BONE against the Brazilian Real (BRL).
Crypto.com, a famous Singapore-based exchange, also announced its support for BONE on March 2, while Gate.io disclosed its plans to add BONE to its platform last month. As a result of this increasing adoption, BONE has entered the list of the top 100 most important assets on CMC, with over 56,000 users currently tracking it.
Several listings have appeared following the announcement of the upcoming launch of Shibarium’s beta version. It has been previously announced that BONE would be utilized as the gas token for Shibarium. On Wednesday, the official Shibarium Twitter account revealed that the network’s beta phase would finally be launched this week.