Here’s Why Bitstamp Listing Shiba Inu is a Huge Deal

Bitstamp announced they’re listing Shiba Inu on their platform and investors can buy and sell SHIB on their app with ease. Along with Shiba Inu, Bitstamp is also listing DYDX, GALA and Perpetual Protocol (PERP) cryptocurrencies. Nonetheless, Bitstamp experienced technical difficulties while listing SHIB and are rectifying the issue. It is expected that Shiba Inu will go fully live on Bitstamp in a few hours from now.

Shiba Inu getting listed on Bitstamp is really a huge deal. It achieved this feat in less than two years of its inception while other coins failed to get listed on exchanges.

Here’s Why Bitstamp Listing Shiba Inu is Great Deal

Bitstamp isn’t just another trading platform out there in the market. For the uninitiated, Bitstamp is the Robinhood of Europe and is the most trusted and user-friendly application that customers rely on.

In fact Bitstamp is the largest exchange in Europe and boasts of 4.4 million users worldwide. It is also expanding its footprint in the United States and will slowly eat up the market share across America. While users in the U.S have some bitter differences in terms of operations with Robinhood, European users are content with Bitstamp.

Though Bitstamp has an overall score of 7.5 as per online ratings, the ground reality is completely different. Users in Europe rely on the platform and is arguably the first exchange they’d want their holdings to be in.

Also, Bitstamp was the first exchange in Europe to allow cryptocurrency trading and knows the trade inside out. Since they’ve allowed investors to transact cryptos since a decade, Bitstamp is the go-to exchange foe users in Europe.

Therefore, Bitstamp listing SHIB is truly a great deal and will open an influx of new investors into the SHIB fold.

“Christmas came early this year! Look at what’s waiting for you under the tree Christmas tree. 4 new #crypto are coming to Bitstamp in the next days: PERP, DYDX, SHIB, GALA,” they tweeted. “Lots of fresh faces around Bitstamp these days – 4 new cryptocurrencies!” their blog read. “This token probably needs no introduction,” the first line on their blog read.

The new listing has thrilled the Shiba Inu community and will introduce many more first-time buyers into SHIB. Though Shiba Inu didn’t make it to Robinhood yet, it has made its way into the European version of Robinhood.

At the time of publishing, Shiba Inu was trading at $0.00003450 and is down -5.27%.