The popularity and adoption of Shiba Inu (SHIB) are on the rise even as the meme coin’s price struggles to regain its bullish momentum.
On January 12, Bitso announced that it had added Shiba Inu to the list of the cryptocurrencies it supports on its platform. It is worth noting that Bitso was the first crypto exchange to be launched in Mexico, in 2014 and has gone ahead to become one of the most popular cryptocurrency exchanges in the country.
🎉¡Bienvenida Shiba Inu ($SHIB) A @Bitso !🎉 @Shibtoken es el token con nombre de raza de perro japonesa 🐕 que fue lanzada en Agosto de 2020 y compite por un lugar entre el top 10 de las criptos con mayor market cap 📊
— Bitso (@Bitso) January 11, 2022
Bitso is also a key partner of the Californian FinTech Firm Ripple.
Bitso listing comes a month after crypto payment processor BitPay announced that its customers would be able to “buy, store, swap and spend SHIB directly on the BitPay app.”
The listing makes Shiba Inu the 6th cryptocurrency to be supported on Bitso and thus making it to the list of the first cryptocurrencies that the crypto exchange has listed.
Crypto exchanges that have recently listed Shiba Inu
In the last few months, Shiba Inu has become listed on several popular crypto exchanges that include Binance, Kraken, Bitstamp, Uniswap (V2), Gemini, Huobi, Coinbase, Gate.io, OKEx, and Mercado Bitcoin.
Besides crypto exchanges, other players within the crypto space are also embracing the meme coin, which has become a major contender within the crypto space.
On Tuesday (December 7, 2021) the crypto-friendly travel website Travala announced the addition of Shiba Inu as one of the acceptable payment methods thus allowing their customer to purchase travel products using SHIB.
In December 2021, Newegg, a retail giant, also announced that it would start accepting SHIB payments. AMC Theater also said that it shall start accepting Shiba Inu in the first quarter of 2022.