Shiba Inu Coin

Shiba Inu Gets Listed On Gemini Exchange.

The Shiba Inu (SHIB) cryptocurrency has been introduced to Gemini, a renowned cryptocurrency exchange founded by Cameron and Tyler Winklevoss in 2015.

Apart from the second-largest meme coin, the New York-based trading platform includes a number of decentralized finance tokens on its platforms, such as Quant (QNT), Fetch AI (FET), and Radicle (RAD).

In May, the Winklevii-owned exchange, which is recognized for its regulatory compliance, adopted Dogecoin, making it one of the most recent large exchanges to join the canine craze. Binance and Coinbase are two of the most popular cryptocurrency exchanges. Shiba Inu was listed in the United States in October.

SHIB was also made available on the retail-friendly app of India’s first cryptocurrency startup earlier this week.

Kraken and Robinhood are still on the bench.

In the meanwhile, Kraken has not stated whether or not it intends to list the Shiba Inu coin.

According to U.Today, the exchange stated that Shiba Inu will be added in early November, but then backtracked, enraging the so-called “SHIB Army.”

Despite the fact that a petition to list the canine cryptocurrency has garnered 531,000 signatures, Robinhood is still hesitant to do so.

While applauding the Shiba Inu community, Robinhood Crypto COO Christine Brown stated that the short-term benefit of introducing such meme currencies may not be worth it in the long run:

We believe that the short-term benefit we may receive is not worth the long-term cost to our users. From a regulatory standpoint, we want to make sure we’re working and assessing everything. We are also a “safety first” organization. That’s how we’re going to approach the situation.

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