Shiba Inu (SHIB) Trading Goes Live On Turkey-Based Crypto Exchange Bitexen

Shiba Inu (SHIB), the second-largest meme token in the market, has been experiencing a rapid increase in adoption since the start of the year. It continues to be available on more exchanges for further exposure, which would in turn boost its liquidity.

The latest exchange to list the popular meme token Shiba Inu (SHIB) is a crypto exchange based in Turkey, Bitexen.

Bitexen is an online crypto asset trading platform registered with the Istanbul Chamber of Commerce. Currently, the exchange supports over 150 cryptocurrencies. The exchange operates both on mobile and desktop.

Alongside Shiba Inu (SHIB), five other digital assets were also listed by the exchange, including Sun (SUN), Celo (CELO), JUST (JST), Smooth Love Potion (SLP), and Moonbeam (GLMR).

Bitexen tweeted, “6 new #coins on Bitexen! $SHIB, $SUN, $CELO, $JST, $SLP and $GLMR are listed on Fast Buy/Sell after 15.15 today. The privilege of trading with more than 150 #cryptocurrencies, whether on mobile or on the web, is at #Bitexen!”

According to records, Bitexen is launched as a centralized exchange on 4th May 2018. It has an average daily trading volume of $85 million with over 1 million users.

The crypto exchange provides instant and pro trading features with 24/7 customer support for fiat on-off ramps for Turkish Lira users. For lower fees and related privileges, users are allowed to use the native token of the exchange, EXEN.

It’s important to know that as soon as the exchange announced the listing, the number of Shiba Inu holders surged to reach a record high of 1,155 573, which indicates a steady growth. More of this development is expected to play out as more exchanges and businesses decide to adopt the crypto asset.

At the time of filing this report, Shiba Inu (SHIB) is trading at $0.0000215, with a relatively 1% price drop in the last 24 hours and it’s currently the 15th largest cryptocurrency in the market.

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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.