Robinhood, a popular trading platform has added shiba Inu (SHIB), as well as three more popular cryptos. Robinhood has been requesting SHIB’s listing for many months from supporters of this meme cryptocurrency.
Robinhood finally lists Shiba Inu Crypto
Robinhood, a popular trading platform announced Tuesday the addition of four new cryptos. According to the company:
We’re pleased to announce that customers can now buy and sell four additional cryptocurrencies through Robinhood Crypto: compound (COMP), polygon (MATIC), solana (SOL) and shiba inu (SHIB).
The Robinhood app now has SHIB, which is great news for supporters of the shiba-inu. Since October 2013, the SHIB community petitioned Change.org to have the site list the meme coin. As of Tuesday, nearly 560K signatures had been collected.
“Over the past year, our crypto customers have consistently asked for two things: the ability to send and receive their tokens, and a broader selection of cryptocurrencies,” the Robinhood announcement noted.
The company added that it has addressed customers’ top request by rolling out new crypto wallets to over two million users.
Steve Quirk is chief broker officer at Robinhood.
We’re excited to add more choices for our customers as we work to make Robinhood the best place to invest in crypto.
He further opined: “As a safety-first company, we have a rigorous framework in place to help us evaluate assets for listing, and we remain committed to providing a safe and educational crypto platform.”
Robinhood noted that while the new crypto assets can now be bought and sold, “Deposit and withdrawal won’t be available immediately for these assets, but that capability is coming soon.”
SHIB trades at $0.00002799 each coin as of the writing. Based on data from Bitcoin.com Markets, it has increased more than 20% in 24 hours and more that 5% over seven days.
Robinhood listing the shiba-inu was a big success. Please comment below.
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