Trusted

Currency.com Users Can Now Trade Shiba Inu With Upto 10X Leverage

2 mins
Updated by Shilpa Lama
Join our Trading Community on Telegram

High-growth cryptocurrency exchange, Currency.com, has added the popular cryptocurrency, the “meme-coin” Shiba Inu (SHIB), to its trading platform.

The token SHIB is now available for buying and selling with USD.cx and BTC, as well as for trading with leverage up to 10x, which will allow cryptocurrency investors to hedge their risks.

At the time of writing, the SHIB token is worth $0.000068, having dropped from $0.000088 after hitting an all-time high on the night of October 28. The reason for such increased attention to the token was a survey of the popular trading platform Robinhood about which coin to add next. Shiba Inu was included in the list of contenders, which caused a sharp surge in trading volume to $21.5 billion.

Cryptocurrency platform Currency.com, given the popularity of the Shiba Inu project and the high demand from its clients, supported the idea of adding the ability to buy, sell and trade with this token with a leveraged token. SHIB trading started on the cryptocurrency exchange on October 27.

Additionally, each newly registered Currency.com user will receive a 50 USD.cx welcome bonus, which will become available after passing the verification and performing one leverage operation.

About the Shiba Inu project

The Shiba Inu project was launched in August 2020 as an experiment to spontaneously create a decentralized community. Initially, the Shiba Inu token was considered as a kind of analog and even a “killer” of the popular Dogecoin cryptocurrency but eventually grew into a large-scale project. Today Shiba Inu has a complete ecosystem with its own decentralized exchange, the ability to create non-fungible tokens (NFT), and smart contracts.

About cryptocurrency exchange Currency.com

In 2020, Currency.com reported a 374% increase in its customer base. This has made the cryptocurrency platform one of the fastest-growing cryptocurrency exchanges in Europe. Depending on the regulatory perimeters in different countries, Currency.com offers different products around tokenized assets and cryptocurrencies.

Currency Com US LLC is registered with the Financial Crimes Enforcement Network as a Money Services Business. Its parent entity, Currency Com Limited is licensed by the Gibraltar Financial Services Commission as a Distributed Ledger Technology (DLT) Provider. The company has offices located in the US, Belarus, Gibraltar, and Ukraine. 

To find out more, visit the website.

Word of Caution From Currency.com: Attention! An investment carries the risk of losing all investments funds. Past investment success does not mean future success.

🎄Best crypto platforms in Europe | December 2024
eToro eToro Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
Coinbase Coinbase Explore
3Commas 3Commas Explore
🎄Best crypto platforms in Europe | December 2024
eToro eToro Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
Coinbase Coinbase Explore
3Commas 3Commas Explore
🎄Best crypto platforms in Europe | December 2024

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

images-e1706008039676.jpeg
Advertorial
Advertorial is the universal author name for all the sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not align with BeInCrypto views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on...
READ FULL BIO
Sponsored
Sponsored