Cryptocurrency exchange Bitstamp has finally listed Shiba Inu over six months after first pledging to list SHIB.
Let’s take a look at what Bitstamp said about SHIB ahead of its long-awaited listing.
Bitstamp Lists Shiba Inu
In a blog post on June 6, Bitstamp confirmed the listing of Shiba Inu, with an unusual description of SHIB.
“Among all the serious crypto projects with their serious tokens and coins, there are some that represent the dogs of the world,” it said. “Shiba Inu is one such project which started out as utterly light-hearted, boasting a pretty picture of a dog, but now has an incredibly large and vibrant community behind it.”
Citing various Shiba-related projects and quotes from the Shiba founder Ryoshi in his now-deleted SHIB blog, Bitstamp said: “Now you too can help build something remarkable by trading SHIB on Bitstamp.”
SHIB transfers will start on June 6, followed by a limit-only mode on June 7. Bitstamp has not given a date for the full trading release. Instead, it states this will happen “once the order books gather sufficient liquidity”.
Bitstamp will support SHIB/EUR and SHIB/USD trading pairs.
The exchange first said it would list Shiba Inu in December 2021. It then postponed this launch due to technical difficulties, which were never disclosed. In its launch announcement, it also did not explain what the full reasons were for this delay. However, it did re-affirm several times that it would still list SHIB, but never gave a firm date.
First launched in 2011, Bitstamp is one of the oldest cryptocurrency exchanges. In 2015, it lost 19,000 BTC (worth $5 million) in a security incident.
Of course, this won’t be the end of the push for more SHIB listings. The ShibArmy continues to ask more exchanges to list SHIB, alongside the other tokens in its ecosystem, BONE and LEASH.