Canada–based Crypto Exchange Biconomy Global Adds SHIB/USDT Perpetual Future Trading Pair With Up to 50x Margin.
Biconomy Global, a leading crypto derivatives exchange, has taken its support for the Shiba Inu Ecosystem further by announcing the launch of futures trading for Shiba Inu. The exchange recently added a new SHIB/USDT perpetual future trading pair to its platform with leverage of up to 50x.
? #Biconomy Futures New Listing – #SHIB?#BiconomyFutures listed @Shibtoken with SHIB/USDT pair up to 50x margin!?
✅Trade now in our website: https://t.co/KWvLrxtHu6
✅Or in our APP:https://t.co/PAI7SOVa7G
Full Details? https://t.co/oLjBHA7dv8#BiconomyExchange #BIT… pic.twitter.com/l7QU225aBR
— Biconomy ? (@BiconomyCom) April 19, 2023
This is the third-time Biconomy Global has demonstrated its backing for Shiba Inu. The first was in January 2022, when the exchange first added SHIB for spot trading, followed by support for Shiba Inu’s governance token, Bone ShibaSwap (BONE), in July 2022.
Biconomy Global is the world’s 23rd-largest cryptocurrency exchange by daily trading volume, headquartered in Canada. Its secure and efficient platform allows users to buy, sell, and trade over 50 digital currencies. The exchange currently serves over 100 countries and has more than 350K registered users.
Shiba Inu Progressing
At the same time, Binance, the world’s leading cryptocurrency exchange, has joined forces with CoinGate, a Lithuanian fintech company, to boost the adoption of Shiba Inu as a payment method. This partnership will enable Binance Pay users to make payments at over 200 CoinGate-powered merchants using more than 70 cryptocurrencies, including the popular Shiba Inu token.
Other than that BitPay has teamed up with the London-based FinTech Company to allow customers to purchase over 20 cryptocurrencies, including Shiba Inu (SHIB), using Ramp Network checkout.
These recent developments have propelled Shiba Inu to become the seventh top asset by social engagements. As per LunarCrush, Shiba Inu has a total social engagement of 123.58 million and up to 33.8K social mentions in the last 24 hours.
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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