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.
New Listing on Biconomy Exchange🚀@Shibtoken Listed, pair with USDT is available to trade NOW🔥
— Biconomy Global (@Biconomy_Global) January 25, 2022
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