Multi-Asset Trading Platform PrimeXBT List Shiba Inu And 23 Other Cryptocurrencies

PrimeXBT lists Shiba Inu and 23 other crypto coins.

Leading multi-asset trading platform, PrimeXBT, has announced that it has listed Shiba Inu (SHIB) alongside 23 other cryptocurrencies. 

According to the company, the move will ensure that crypto traders have a wide range of offerings they can choose from. 

PrimeXBT Offerings

Prior to the announcement, PrimXBT initially supported cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE), and Solana (SOL). 

However, with the addition of 24 new digital currencies, the trading platform has increased its cryptocurrency offerings to more than 30 assets. 

Per the announcement, PrimeXBT said aside from Shiba Inu, the newly listed cryptocurrencies include Binance Coin (BNB), Decentraland (MANA), Klaytn (KLAY), Cosmos (ATOM), Dfinity (ICP), Helium (HNT), Avalanche (AVAX), and Fantom (FTM). 

The other newly listed cryptos include Elrond (EGLD), Polygon (MATIC), Stellar (XLM), Axie Infinity (AXS), NEAR, SAND, Theta, Algorand (ALGO), VeChainThor (VET), TRON (TRX), TEZOS (XTZ), Terra (LUNA), FTX (FTT), FileCoin (FIL), and Monero (MNR). 

PrimeXBT, which also offers Forex, stock, and commodity trading instruments, said its total asset offering has reached 100, following the addition of 24 cryptocurrencies. 

The exchange, which currently ranks as the sixth-largest crypto derivative platform, has a 24-hour trading volume of $435 million, according to data on Coingecko.   

Commenting on the new listing, a PrimXBT spokesperson said: 

“We are proud to offer the trading community a one-stop-shop enabling a diverse trading portfolio of assets. The new listing further presents a range of profitable opportunities all under one roof.” 

PrimeXBT was launched in 2018, with its headquarters located in Seychelles. The popular trading broker offers a wide range of assets, including forex, stocks, commodities, and cryptocurrencies.

Shiba Inu Trading Expansion Continues

The development marks the latest expansion of Shiba Inu across various trading platforms, which is majorly a result of widespread interest in cryptocurrency. 

The dog-themed cryptocurrency, which went live in August 2020 has been integrated across several cryptocurrency exchanges, including Binance, KuCoin, Coinbase, FTX, Huobi Global, etc. 

Following the growing community behind SHIB, it is rare to see crypto trading platforms that do not offer their users access to the cryptocurrency, as not doing so would see the exchange lose out on fees. 

Meanwhile, Crypto Basic reported that a top Brazilian exchange added support for Shiba Inu earlier this year.