Robinhood Lists Shiba Inu and three More Cryptocurrencies — SHIB Price Soars

Popular buying and selling platform Robinhood has listed shiba inu (SHIB) in addition to three different common cryptocurrencies. Supporters of the meme crypto have petitioned for months for Robinhood to listing SHIB.

Robinhood Finally Lists Shiba Inu Crypto

Popular buying and selling platform Robinhood introduced the itemizing of 4 new cryptocurrencies Tuesday. The firm wrote:

We’re happy to announce that prospects can now purchase and promote 4 extra cryptocurrencies via Robinhood Crypto: compound (COMP), polygon (MATIC), solana (SOL) and shiba inu (SHIB).

Supporters of shiba inu are ecstatic to see that SHIB is now stay on the Robinhood app. The SHIB neighborhood has been petitioning on Change.org for the platform to listing the meme coin since October final 12 months. Nearly 560K signatures have been collected as of Tuesday.

“Over the previous 12 months, our crypto prospects have constantly requested for 2 issues: the power to ship and obtain their tokens, and a broader collection of cryptocurrencies,” the Robinhood announcement famous.

The firm added that it has addressed prospects’ high request by rolling out new crypto wallets to over two million customers.

Steve Quirk, chief brokerage officer at Robinhood, commented:

We’re excited so as to add extra selections for our prospects as we work to make Robinhood the most effective place to spend money on crypto.

He additional opined: “As a safety-first firm, we’ve a rigorous framework in place to assist us consider property for itemizing, and we stay dedicated to offering a secure and academic crypto platform.”

Robinhood famous that whereas the brand new crypto property can now be purchased and bought, “Deposit and withdrawal received’t be obtainable instantly for these property, however that functionality is coming quickly.”

At the time of writing, SHIB is buying and selling at $0.00002799 per coin. It has risen greater than 20% over the previous 24 hours and greater than 5% within the final seven days, primarily based on information from Bitcoin.com Markets.

What do you concentrate on Robinhood lastly itemizing shiba inu? Let us know within the feedback part under.