Shiba Inu (SHIB) has finally made its place on one of the largest crypto exchanges in the world. Coinbase announced yesterday on June 15, 2021, that SHIB will be listed on its pro app and the trading will begin from tomorrow Thursday, June 17 at 9 AM Pacific Time (PT) assuming liquidity conditions are met. Along with SHIB, CHZ and KEEP coins are also getting listed on the Coinbase pro app.
SHIB will initially be available in two trading pairs: SHIB-USD and SHIB-USDT, and the order books will be available in three stages, starting with post-only, then limit-only, and finally full-trading. Inbound transfers of SHIB to Coinbase Pro have already started and trading will begin on or after 9 AM Pacific Time (PT) tomorrow.
If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.
Coinbase
SHIB is a meme-based cryptocurrency like dogecoin. It was created following the popularity of dogecoin and has an ecosystem of products like LEASH, BONE, and an upcoming SHIBASwap. SHIB made a lot of social buzz after gaining more than 40,000% in value in 30 days before the recent market crash. SHIB is currently traded at $0.00000860 up by 22% after the Coinbase announcement.
On 3rd June this month, Coinbase listed the much-anticipated meme currency dogecoin on its pro app. Crypto investors were eager to see when Coinbase will list Shiba Inu (SHIB) on the platform and finally it happened within few weeks.
Also see - How to mine SHIB and MATIC (Polygon) on Unmineable
In recent times, Coinbase has added trading support for some of the major cryptocurrencies like Gitcoin (GTC), Enzyme Token (MLN), Amp (AMP), Dogecoin (DOGE), Internet Computer (ICP), Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT), Ampleforth Governance Token (FORTH),1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), Origin Token (OGN), Ankr (ANKR) Curve DAO Token (CRV), Storj (STORJ), Cardano (ADA), SushiSwap (SUSHI), Polygon (MATIC), SKALE (SKL) & Polkadot (DOT).
