Shiba Inu can now be traded on CryptoCom thanks to the addition of a BUSD trading pair for the token.
The Shiba Inu enthusiasts can rejoice as a new trading pair is now accessible on crypto.com. Users can trade between the two tokens using the new pair’s SHIB-BUSD trading pair. Users now find it simpler to trade SHIB on the exchange for their preferred stablecoin.
SHIB is currently listed on Crypto.com. The exchange made the announcement about the token’s inclusion in the system back in March of this year, which opened the door for the meme currency to expand its user base and level of adoption.
The Crypto Basic reported that CryptoCom added the Shiba Token to its DeFi wallet, allowing users can earn interest on their Shib holdings.
To be fair, the Shiba Inu community has been working really hard to increase the token’s worth and usefulness. There have been instances where a significant amount of SHIB was burned to balance supply and demand.
The present market downturn has had an impact on Shiba Inu despite efforts to keep the coin afloat. SHIB is currently trading at about $0.000012, down 2% over the past 24 hours and 17.8% over the past week. If the addition of the BUSD trading pair on Crypto.com will have an impact on the coin’s market position, only time will tell.