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Kraken exchange defies competitors’ regulatory concerns with SHIB listing
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United States-based digital asset exchange Kraken has announced it will begin supporting the viral meme coin Shiba Inu (SHIB) as of Nov. 30.
There will be a minimum deposit of 373,000 SHIB ($16 USD), and the minimum trading volume is 50,000 SHIB ($2 USD). SHIB will initially be tradeable against the USD and Euro pairs, however, Kraken Futures and Margin Trading for SHIB won’t be available at launch.
New Listing on Kraken: @Shibtoken $SHIB deposits begin NOW! Trading is live November 30.➡️ Learn more: https://t.co/yUUKaBXKBq pic.twitter.com/L2IUHugyG0
Australian managing director at Kraken Jonathon Miller told Cointelegraph that the crypto marketplace supports projects with a clear demand for trading, including SHIB.
At the time of publishing,
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