However, note that SHIB is a part of the WazirX Rapid Listing Initiative. This means you can trade SHIB but for now, you will not be able to deposit and withdraw SHIB directly. What that means is -
- Deposits — You won’t be able to deposit SHIB from another wallet to WazirX
- Trading — You will be able to buy, sell, trade SHIB in our INR and USDT market. When you buy SHIB, it will appear in your “Funds”
- Withdrawals — You won’t be able to withdraw SHIB from your WazirX wallet. You can, however, sell it in the INR and USDT market
This move by WazirX will bring some relief to Indian crypto investors who were looking to buy Shiba Inu (SHIB) coin in India. At the time of press SHIB is trading at ₹0.002410 at WazirX.