Australian Exchange CoinJar Lists Shiba Inu, Lets Users Make Payments With SHIB

Shiba Inu Coin next to CoinJar logo, after the cryptocurrency exchange listed SHIB.


Shiba Inu Coin next to CoinJar logo, after the cryptocurrency exchange listed SHIB.

Australian cryptocurrency exchange CoinJar announced earlier today that it will now support Shiba Inu Coin, adding to the list of exchanges that list SHIB.

“In retrospect, it was inevitable. SHIB is here,” the exchange said in a blog post on December 22. Users can buy, sell and trade SHIB via their CoinJar Wallet from today. Support for trading on the CoinJar Exchange will come at a later date.

However, that’s not all. Some users will even be able to use their SHIB to make in-store and online purchases with the CoinJar Card.

CoinJar Adds SHIB Support

SHIB’s listing came as CoinJar added support for five other new cryptocurrencies, described by the exchange as “some of the most exciting and innovative projects in the crypto space”. These are Fetch.ai (FET), Origin Protocol (OGN), Cartesi (CTSI), Orchid (OXT), Quant Network (QNT), and Audius (AUDIO).

With its CoinJar Card - powered by Mastercard - users can make payments at merchants that accepts Google Pay or Apple Pay. “You can even use SHIB to do some last-minute Christmas shopping,” the exchange said.

The CoinJar Card is currently only available in Australia, with a UK launch coming at some point in the future.

CoinJar is one of the longest-running cryptocurrency exchanges, having formed in 2013. CoinMarketCap ranks it the 96th highest exchange, with a trading volume of $21,189,752 in the past 24 hours.

CoinJar’s listing comes a day after NiceHash Exchange added SHIB support, making it another exchange to support Shiba before Robinhood.

Read More: Shibarium Blockchain: Shiba Inu Coin Layer-2 Is The Next Step For SHIB

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