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Top Canadian Exchange With $558M Daily Trading Volume Listed Shiba Inu

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Top Canadian Exchange with significant daily trading volume Listed Shiba Inu.



Biconomy is a cryptocurrency exchange registered in Canada and operating since October 1, 2019. The exchange is not keeping behind Coinbase, Binance, Kraken, and other top exchanges in listing Shiba Inu. Shib trading starts on Biconomy with SHIB/USDT trading pair.

 

Biconomy had a 24-hour trading volume of $558 million, according to Coinmarketcap. which shows the significance of the exchange.

New exchange listing makes it possible for the token to attract new investors, as crypto is facing global regulations, it is not feasible for Canadian and American investors to trade any digital coin on any exchange they like. Why do so many exchanges not allow US citizens to open accounts with them? is because US SEC is so scary it does not allow foreign companies to attract US investors unless those foreign companies are registered in the US (with the Securities and Exchange Commission). If foreign companies still attract US investors, the SEC could sue them.

So the presence of Shiba Inu on Coinbase, Kraken, and Biconomy makes it possible for more American, Canadian investors and traders to quickly and securely invest in Shib.

Biconomy, does accept US investors. However, any U.S. investors should do their research before making any decision. Shib team has also announced plans to Launch Its Metaverse (Shiberse) in 2022

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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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