(Rejected) Kraken Lists Shiba Inu

The cryptocurrency exchange announced in a blog post on Monday that it now supports the Ethereum based meme coin Shiba Inu (SHIB) and that trading related to this token on their exchange will officially kick off from 30th November 2021.

On this note, the minimum SHIB deposit that can be made at the moment is 373,000SHIB and for every deposit made,20 confirmations will have to be filled to complete the transaction and that will take approximately 5 minutes to complete.

Also, SHIB will be tradable against USD and EUR with a required trading minimum of 50,000 SHIB.

This announcement has brought so much delight to the SHIB community especially after the failure of Kraken to list SHIB despite its promise at the early part of this month.

At launch, the Kraken and Kraken terminal will be available for SHIB trading however, the futures and margin trading will not be available until further notice. Since this announcement was made, SHIB has seen a 16% increase in price, and as of the time of writing, it trades at $0.00004373.