Sophia's Blog

Sophia's Blog

Coinbase Pro announced to List Shiba Inu

Coinbase Pro, the advanced trading marketplace of publicly listed American cryptocurrency exchange Coinbase Global Inc has announced plans to list Shiba Inu. According to the crypto brokerage, the inbound transfers for the Shiba Inu tokens are now open ahead of the commencement of active trading on Thursday, September 9, at 9 AM PT.

“Inbound transfers for SHIB are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9 AM PT on Thursday, September 9, if liquidity conditions are met,” the Coinbase Pro announcement reads, “Once sufficient supply of SHIB is on the platform, our SHIB-USD and SHIB-USDT order books will launch in 3 phases. If order books do not meet our assessment for a healthy and orderly market, we may keep the book in one state or suspend trading as per our Trading Rules.”

Shiba Inu is a meme coin designed to trail the dominance of Dogecoin, whose popularity has skyrocketed in the past years. This listing of Shiba Inu is the second attempt by Coinbase Pro to list the token as it announced back in June. The first trial was marred by technical difficulties, forcing the trading platform to postpone the listing until now.

According to the exchange, the Shiba Inu token is not yet available on the official Coinbase website as well as on the exchange’s mobile application. A separate announcement has been promised by the firm as to when the coin will be made available across all of its channels.

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