Shiba Inu is now available to trade on one of the oldest crypto exchanges in the world
CoinJar, Australia’s oldest cryptocurrency exchange, has listed the Shiba Inu (SHIB) cryptocurrency, the company announced. in a tweet On Wednesday.
Besides Shiba Inu, it has also added support for six other tokens: Source Protocol (OGN), Audius (AUDIO), Cartesi (CTSI), Fetch.ai (FET), and Quant Network (QNT).
Overall, 48 cryptocurrencies are now available to trade on CoinJar.
The Melbourne-based exchange launched in 2013. It currently has some 400,000 registered users.
The exchange’s list of investors includes Barry Silbert’s Digital Currency Group, Sydney-based Blackbird Ventures, and Australian businessman Chris Hitchen.
In August, CoinJar launched a Mastercard-backed cryptocurrency card that supports 30 different cryptocurrencies.
At the end of September, CoinJar’s UK subsidiary obtained registration from the UK’s Financial Conduct Authority (FCA). It joined 10 other crypto companies that managed to accomplish a similar feat.
CoinJar was named among Australia’s Top 2021 Fintech Startups earlier this month.
Gaining traction in Australia
A recent poll found that Shiba Inu is already more popular in Australia than veterans like XRP and Cardano even though it started making headlines only in May. Seven percent of Australian millennials have heard of the Ethereum-based meme currency.
This November, Shiba Inu Games, a gaming-focused entity within the meme coin ecosystem, announced a partnership with PlaySide Studios, Australia’s largest publicly traded game developer. The two will work on a mobile game inspired by a collection of non-expendable tokens called “Shiboshi.”
CoinSpot, Another Major Australian Crypto Exchange, Added Support for Shiba Inu in May.