Shiba Inu has added another feather to its cap by securing a listing on the esteemed Japanese cryptocurrency exchange, BitTrade. This development marks a crucial feat for the meme token ecosystem and expands SHIB’s foothold in the Japanese market. Set to go live on BitTrade alongside its rival Dogecoin [DOGE], the latest listing amplifies SHIB’s visibility, bringing the exchange’s total handled crypto assets to an impressive count of 34.
Officially announced through a blog post, Shiba Inu’s trading will begin on BitTrade on October 18, 2023, at 3:00 p.m. With this integration, users now have the ability to make deposits and withdrawals and engage in buying and selling activities directly through BitTrade’s website, app, and sales offices. Background of the exchange.
BitTrade, a centralized cryptocurrency exchange established in 2016 and registered in Japan, is recognized for its reputable presence in the crypto industry. This new listing follows a series of strategic moves in the Japanese market by Shiba Inu. Previously, Japanese exchanges like Bitpoint, OkCoin Japan, and Bitflyer embraced SHIB, expanding its accessibility and popularity among Japanese traders.
SBI Group, a significant financial services conglomerate in Japan, further fueled SHIB’s presence by announcing plans to commence SHIB trading on its crypto asset platform, SBI VC Trade, back in June. Additionally, Binance, a global crypto exchange giant, introduced Binance Japan, a regulated platform catering exclusively to the Japanese market. This platform not only supports Shiba Inu but also hosts an array of other assets, reinforcing SHIB’s position in the Japanese crypto landscape.
Shiba Inu To Cook Up Some Delectable Feast
Shiba Inu enthusiasts have more reasons to cheer as the popular meme token sprints its way into mainstream adoption and collaborates with Welly, a prominent fast-food establishment. To bring a unique gastronomic experience to its followers, Welly, in collaboration with Shiba Inu, is all set to reopen its SHIB-themed restaurant, promising an immersive dining adventure.
As reported by TronWeekly, a tantalizing sneak peek was shared via social media showcasing the restaurant’s familiar layout, complete with thoughtfully arranged tables and chairs. Additionally, a designated pickup point has been integrated into the store’s design, ensuring a smooth and convenient dining experience for patrons.
With new listings, partnerships, and unique ventures on the horizon, the Shiba Inu ecosystem continues to flourish and diversify, grabbing the attention of enthusiasts and investors alike.
