ZebPay, India’s oldest cryptocurrency exchange, serving more than 4 million users, has announced that it has listed the meme cryptocurrency Shiba Inu (SHIB). Here are the details…
SHIB keeps listing!
ZebPay is listing the meme cryptocurrency Shiba Inu, according to the company’s announcement Wednesday. Dogecoin (DOGE)’s largest concurrent competitor, SHIB, started trading last week on Austrian fintech platform Bitpanda, funded by PayPal co-founder Peter Thiel. The cryptocurrency, which exploded 300% last week, was previously made available for trading on Coinbase Pro. Also listed on Binance in May, SHIB is the largest meme coin, accounting for more than 27% of the exchange’s trading volume.
ZepPay CEO Rahul Pagidipati said in a March interview that the Indian crypto market is very amenable to growth due to its massive investor base:
India owns less than 1% of the world’s cryptocurrencies and its potential investor base is 100 million.
Also, while the future of cryptocurrencies in India remains uncertain due to regulatory uncertainty, Pagidipati believes that India will not go so far as to ban cryptocurrencies as there is huge demand for cryptocurrencies. cryptocoin.com As reported by Morning Consult, a survey showed that 86% of Indians trust cryptocurrencies, despite the government’s hawkish attitude towards them.
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