Wisebitcoin, a cryptocurrency exchange focused on savvy traders, listed SHIB yesterday as an aggregate trading pair with USDT. The cryptocurrency, named after the Shiba Inu dog breed, is a part of a current trend in meme tokens. The exchange noted that deposits and withdrawals will not be supported for SHIB/USDT.
As an aggregate trading pair, SHIB/USDT makes use of Wisebitcoin’s cloud integrations which connect the platform to 280 other exchanges around the world. Traders on the platform will be able to buy or sell the token simultaneously on other exchanges.
“Our user base of professional traders are ready to ride the meme token wave. We’re happy to provide them with tools such as aggregate trading that will help them make the most of their SHIB trades and any others. They can expect to see more of these listings with aggregate trading in the near future,” said Wisebitcoin Senior Advisor Sangwook Lee.
Aggregate trading is part of Wisebitcoin’s effort to provide users with the best access to new and popular assets. The system implemented by the exchange relies on an order matching mechanism with user experience and transaction speeds that are similar to that of regular listings.
Wisebitcoin is a decentralized global exchange for professional traders with a multicultural team of over 50 specialists. It’s part of a cloud ecosystem with $6 billion in daily trading volume and over 2.3 million transactions per second on single trading pairs. The platform provides unparalleled services such as 100x leverage on contract trading, 24/7 live phone support, cloud infrastructure, affiliate programs, and deep liquidity. Other important features include a user-friendly interface, a mobile app, and an insurance fund for asset protection.
SHIB is an experiment in decentralized spontaneous community building. Nicknamed the “Dogecoin Killer,” the ERC-20 token is designed to remain well under a penny and still outpace Dogecoin. It is the first cryptocurrency token to be listed and incentivized on ShibaSwap, the project’s own decentralized exchange.
For more information visit https://www.shibatoken.com.