Shiba Inu Goes Live on Kraken Exchange

Another win for Shiba Inu Community, Kraken, one of the world’s leading exchange platforms, has started accepting SHIB trading and deposit, the exchange platform disclosed in a blog post released on its website.

“We’re thrilled to announce that Kraken now supports Shiba Inu (SHIB)! ” the company affirmed.

Investors can now deposit Shib on the platform, according to Kraken. Funding was enabled on Monday while trading will commence on Tuesday.

“Funding is live, and we anticipate trading will begin tomorrow, November 30 — at which point Kraken will enable order entry and execution. Keep an eye on the status page for updates.”

Kraken pegged the minimum deposit per investor at 373,000 SHIB and trading was capped at 50,000 SHIB.

“Deposits require 20 confirmations (~5 minutes). You can add SHIB to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. The minimum deposit is 373,000 SHIB. 

“SHIB will be tradeable against USD and EUR, with a trading minimum of 50,000 SHIB, a price precision of 8 decimal places and a quantity precision of 5 decimal places.”

This new support for Shiba Inu on Kraken Exchange is another positive signal for Shiba Inu and it’s community.

The Shiba Community is now waiting for Robinhood to follow Kraken and list Shiba Inu on its crypto trading platform.

At press time Shiba Inu is trading at $0.00004885, 23 Percent up in the last 24 trading hours.