“Dogecoin Killer” meme cryptocurrency Shiba Inu, India’s first crypto unicorn It will take place in the application (represents initiatives worth more than 1 billion dollars). According to CoinDCX’s announcement, the Shiba Inu will be available on the company’s retail-friendly app later this week.
Cryptocurrency exchange CoinDCX launched Friday on its retail investor-friendly CoinDCX Go app. Shiba Inu (SHIB) announced that it will list the cryptocurrency and will be the last major trading platform to embrace the leading meme coin.
“We heard you.
We will list SHIB on the CoinDCX App by Friday.
SHIBArmy help us spread the word.”
We heard you 🤗
We will be listing $SHIB by Friday on CoinDCX App 🤩🥳🥳#SHIBArmy help us spread the news.⁰⁰
👇 👇 👇
⁰💬 🔁 ♥️— CoinDCX: Making Crypto Accessible to Indians (@CoinDCX) November 11, 2021
SHIB was previously only available in trading mode on the platform’s professional investor focused service CoinDCX Pro.
CoinDCX became India’s first cryptocurrency company to achieve unicorn status in August after raising $90 million in a funding round led by B Capital, a venture capital fund founded by Facebook co-founder Eduardo Saverin.
The company, which is known to have reported 3.5 million customers three months ago, aims to recruit 50 million users.
As previously reported by KoinFinans, ZebPay, the oldest crypto exchange in the country, also added support for Shiba Inu about a month ago.
Despite its rapid growth, India’s cryptocurrency sector continues to be beset by regulatory clarity shortfalls.
Yesterday, Reserve Bank of India Governor Shaktikanta Das reiterated his concerns about the cryptocurrency industry, along with that, the Indian government is expected to pass an amended cryptocurrency law at the beginning of the winter session.