Connect with us

Shibarmy News

What Is All the Hype About? UPHOLD INC has added SHIBA INU COIN to their

Published

on

(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

Even though the Crypto Market seems to be in disarray this may not be so for the Shiba Inu Coin

SHIBARMY Members are Ecstatic about developments occurring 

So What Exactly happened: Uphold Inc., a regulated online digital wallet and trading platform, has listed Shiba Inu, the exchange announced the news via an announcement tweet on Friday. Shiba Inu isn’t available in all regions in which Uphold operates and the exchange is asking its customers to look through its application for more details.

Congratulations to all who got it right on our blog yesterday! The #Shiba Inu has been released on Uphold!

Get your paws on some here https://t.co/KnjuU18Nj0 $SHIB isn’t available in all regions, please check your app for more information.

-Uphold (@UpholdInc) 21 January 2022

What’s the significance of it: Uphold currently supports 51 cryptocurrency and utility tokens as well as 27 currencies of national origin as well as six stablecoins along with four precious metals. It allows consumers as well as companies to trade between traditional and digital currencies.

The exchange has customers from the world and is represented located in London as well as New York. “Categorizing SHIB as a memecoin glosses over the traction it has gained as a payment coin. Unquestionably, though, the hype has helped SHIB at every twist and turn during its stunning rise,” the exchange that is regulated stated in its web site.

It is undisputed that SHIB is rapidly gaining ground with regard to widespread adoption. The very faithful #SHIB Army, which stands with the meme coin is clamoring for its inclusion in Robinhood Markets, Inc.

Recent reports have suggested that Shiba Inu might be on the platform for retail trading from February.

When reporters asked “when SHIB” in a Bloomberg interview Robinhood’s chief product officer Aparna Chennapragada commended the SHIB community for their devotion to SHIB’s trading system. Though she was reluctant to talk about listing of tokens but she did state that Robinhood is working to put its foundation blocks in place to provide fantastic cryptocurrency products.

“You will see us continue to play in the space, but we are not going to play the crypto bingo,” the Robinhood executive told. A petition for listing Shiba Inu on Robinhood has been able to collect more than half one million signatures.

ADVERTISEMENT

Trending