UK-based cryptocurrency exchange BTCC added support for Shiba Inu (SHIB).
BTCC, one of the oldest fiat-crypto exchanges, recently added six new digital assets to its platform. The newly listed cryptocurrencies include Shiba Inu, Conflux (CFX), Alchemy Pay (ACH), Core (CORE), Nvidia (NVDA), and AMD (AMD).
This move has allowed millions of BTCC users to purchase these digital assets using fiat currency. The exchange also provides Shiba Inu trading with up to 50x leverage.
Gm ☕️$SHIB has arrived on BTCC! ?
In this round of new listings, we've also added $CFX, $ACH, $CORE, $NVDA, and $AMD!
⤵️⤵️⤵️https://t.co/QgaS0WtcnG https://t.co/TpbOaqLOzd pic.twitter.com/3asGLmBtph
— BTCC (@YourBTCC) March 3, 2023
BTCC is a fiat-crypto exchange that has been operating since 2011, making it one of the oldest exchanges in the world, with over 6 million users. Based in the UK, the exchange holds crypto licenses in various European countries, Canada, and the United States, making it available to customers worldwide. The exchange supports USD as fiat currency to buy crypto from all over world.
Shiba Inu Progress
Shiba Inu is making progress in gaining more mainstream acceptance through partnerships and new initiatives. One of the most recent developments is the collaboration between KillerPay and SmartTab, allowing customers to use Shiba Inu and other cryptocurrencies to pay at various nightlife merchants in San Francisco.
Additionally, Binance has collaborated with CityPay.io, a prominent crypto payment gateway based in Georgia, to enable Shiba Inu holders to purchase at Wendy’s and over 600 other vendors in Georgia.
Meanwhile, the Shiba Inu team is working on the launch of Shibarium Beta, which aims to provide fast and low-cost transactions to users worldwide, further increasing the token’s utility. However, in a recent Twitter thread, Shiba Inu’s lead developer, Shytoshi Kusama, hinted that he would no longer follow potential Shibarium projects on Twitter. He emphasized that some influencers promoting different projects on Shibariium do not necessarily reflect that the SHIB team is behind those projects. He urged community members to conduct their research before investing in any project.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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