Australia’s most reputable cryptocurrency exchange, CoinJar, has listed the Shiba Inu as the newest token for its users.
CoinJar, Australia’s longest-running cryptocurrency exchange, has announced the listing of the Shiba Inu (SHIB) in a tweet on Wednesday.
Following the addition of Shiba Inu support, it has also added support for six more tokens: Origin Protocol (OGN), Audius (AUDIO), Cartesi, Fetch.ai, and Quant Network (QNT).
Coinjar was founded in 2013 and allowed users to buy, sell, and use cryptocurrencies. It also has a wallet that has become very popular among Australians interested in investing in cryptocurrencies such as Bitcoin and Ethereum. Its user base also includes people who are looking to make transactions but don’t want banks involved.
CoinJar released a MasterCard-enabled cryptocurrency card earlier this year. The card was compatible with thirty different cryptocurrencies.
In late September, the Financial Conduct Authority of the United Kingdom approved CoinJar’s U.K. subsidiary registration. It joined a club of eleven other cryptocurrency businesses that had achieved the same feat.
CoinJar has been recognized as one of Australia’s most excellent fintech businesses for the year 2021 by the Australian Financial Review.
Shiba Gaining Popularity
According to a recent survey, Shiba Inu has surpassed significant cryptocurrencies such as XRP and Cardano in popularity, despite just making headlines in May. 7% of millennials in Australia are aware of the Ethereum-based meme coin.
Shiba Inu Games, a gaming-focused business inside the meme currency ecosystem, announced a collaboration with PlaySide Studios, Australia’s most prominent publicly-traded game developer. Together, the two will develop a mobile game based on the “Shiboshi” collection of non-fungible tokens.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.