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SHIB has started trading
SHIB has started trading on the Kraken exchange

SHIB has started trading on the Kraken exchange, deposits and trading live now

SHIB has started trading on the Kraken exchange. The deposits and trading are live now and the price of the token has surged by 13%. The token will be tradeable against USD and EUR on the Kraken exchange.

The news of SHIB getting listed on the Kraken has been circulating for over a month now. The token saw a price rally due to this rumor but the token was not listed so SHIB price started to fall. There was news of another exchange named, Robinhood, which was supposed to list the token but never did it. Finally, SHIB has started trading on the Kraken exchange as of today. The confirmation from the firm came on Monday.

SHIB has started trading on the Kraken exchange:

Yesterday, the crypto exchange, Kraken, announced that the deposits of the SHIB are live now and the trading will start tomorrow. The firm said:

We’re thrilled to announce that Kraken now supports Shiba inu (SHIB). Funding is live, and we anticipate trading will begin tomorrow, November 30 — at which point Kraken will enable order entry and execution.

The firm has explained that margin and future trading of the token will not be available at the launch. SHIB has started trading on the Kraken exchange and the token will be tradeable against USD & EUR on the firm. The minimum deposit is 373k SHIB. SHIB deposits require 20 confirmations which will take about 5 minutes.

SHIB-has-started-trading
Price chart of SHIB showing how news got it excited
Source: Tradingview

The price of the SHIB took this news positively and saw a surge of 13% in a single trading day. The SHIB’s army is celebrating the news of token getting listed on the firm.

Read more here.

About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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