most well-known cryptocurrency One of its exchanges, BitMex, announced that it will soon list six new cryptocurrencies on its platform. The popular meme coin SHIB, among others, will also be available for trading on BitMex.
🚨New arrivals incoming 🚨
We’re about to drop six cryptocurrencies on our platform: $SHIB$WBTC$CRO$MANA$FTT$SAND
Want more? Read on: https://t.co/PmFbK7vOY6
— BitMEX (@BitMEX) October 10, 2022
Thanks to the listing, users will be able to trade with SHIB. BitMex was one of the few major crypto exchanges that did not list the meme coin.
BitPay Support Has Arrived
The Shiba Inu (SHIB) is currently one of the most popular cryptocurrencies on the market. Originally launched as a meme coin, the cryptocurrency has evolved into a digital currency with surprising use cases.
Currently Shiba Inu has a play-to-win game, decentralized exchange, etc. there is. These great projects that make up the Shiba Inu ecosystem have continued to fuel interest in the asset class.
Koinfinans.com As we reported, many investors are looking for ways to have SHIB among crypto assets as the price of the crypto asset is expected to increase soon.
BitPay, a leading cryptocurrency payment provider, recently introduced a solution for people to easily purchase Shiba Inu using their prepaid debit card.
“With a prepaid debit card [SHIB] If you’re looking for a safe and simple way to buy, you’re in luck. There are several flexible and convenient options for adding to your crypto assets using Visa or Mastercard prepaid via BitPay.”
Here are the cryptocurrencies and stablecoins that can be purchased via the BitPay app, with prepaid Mastercard or Visa debit cards:
- Bitcoin (BTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Dogecoin (DOGE)
- Dogecoin (DOGE)
- Litecoin (LTC)
- ApeCoin (APE)
- Dai(DAI)
- Binance USD (BUSD)
- USD Coin (USDC)
- Wrapped Bitcoin (wBTC)
- Pax Dollar (USDP)
- Gemini Dollar (GUSD)
Meme Coin Burn Rate Increased
According to data shared by the Shibburn monitoring platform, in the last 24 hours, the meme coin burn rate has increased by 415% compared to the previous 24-hour period when only 2 million SHIB were burned. A total of 46,247,553 (46 million) meme coins were sent to dead-unused wallets through the joint efforts of the SHIB community.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.