Robinhood Lists Shiba Inu and three Other Cryptocurrencies

After months of remaining encouraged by customers to record Shiba Inu, on Tuesday, Robinhood Cryptocurrency Exchange listed Shiba Inu (SHIB) along with three other cryptocurrencies on its platform.

Robinhood Finally Lists Shiba Inu Crypto

Popular trading platform Robinhood announced a record of 4 new cryptocurrencies on Tuesday. Company wrote:

We are pleased to announce that consumers can now obtain and promote 4 further cryptocurrencies by means of Robinhood Crypto: Compound (COMP), Polygon (MATIC), Solana (SOL) and Shiba Inu (SHIB).

Shiba inu supporters are delighted to see that SHIB is now reside on the Robinhood app. The SHIB local community has been petitioning on Change.org for the platform to record this coin meme due to the fact final October. Nearly 560 thousand signatures have been collected as of Tuesday.

“Over the past year, our crypto customers have consistently asked for two things: the ability to send and receive their tokens as well as a wider selection of cryptocurrencies,” the Robinhood announcement mentioned.

The firm additional that it has addressed a top rated purchaser request by launching a new crypto wallet to more than two million customers.

Steve Quirk, director of brokerage at Robinhood, commented:

We’re energized to include extra selections for our consumers as we function to make Robinhood the finest location to invest in crypto.

He more emphasized: “As a company that prioritizes safety, we have a rigorous framework in place to help us evaluate assets for listing, and we remain committed to providing a secure crypto platform. and educational.”

Robinhood notes that even though new crypto assets can presently be purchased and offered, “Deposits and withdrawals will not be immediately available for these assets, but that capability will be available soon.” “.

At the time of creating, SHIB is trading at $.00002799 per coin. It has acquired extra than twenty% in the final 24 hrs and extra than five% in the previous 7 days.