Bitstamp will launch Shiba Inu trading in 2022
Bitstamp, the largest cryptocurrency exchange in Europe, provided an update on the Shiba Inu (SHIB) list in a recent tweet, confirming that it has not changed its plans regarding the token meme.
The best-performing cryptocurrency of this year will start trading on the exchange in 2022.
As reported by U.Today, Bitstamp announced the list a week ago with great fanfare.
Shiba Inu was supposed to begin trading on the exchange on Dec. 9, but the launch has been delayed due to technical difficulties. It is not clear how long it will take for Bitstamp to resolve these issues, but the community now has a confirmation that SHIB won’t launch on Bitstamp this December.
The Luxembourg-headquartered stock exchange also allowed trading for the perpetual protocol (PERP), gala (GALA) and dydx (DYDX) in limit mode only.
European users already have plenty of other Shiba Inu trading options, with major U.S. exchanges of the likes of Kraken, Gemini and Coinbase Pro recently launching euro-based pairs for the hottest meme token.
Shiba Inu is also becoming more popular with local traders. Bit2Me, Spain’s leading crypto trading platform, announced the listing of the Ethereum-based token on Tuesday.
The token is also available on Dutch cryptocurrency exchange Bitvavo and Austrian crypto trading platform Bitpanda Pro.
Struggling to catch a bid
The price of Shiba Inu is down 10% this week, trading online with the rest of the crypto market.
SHIB is down 62.06% from the all-time peak.
Rival Dogecoin managed to reverse the downtrend on Tuesday thanks to Elon Musk’s announcement that Tesla is testing Dogecoin payments for commodities.
