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BitPoint Becomes Japan’s First Top Exchange to List Shiba Inu

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thecryptobasic.com 24 November 2022 10:07, UTC
  
Reading time: ~2 m

BitPoint Japan to list Shiba Inu on November 30, 2022.

Japan’s cryptocurrency exchange BitPoint Japan said it would add support for Shiba Inu (SHIB) by month’s end. BitPoint Japan announced today that it would list the popular dog-themed cryptocurrency on November 30, 2022.

“We would like to inform you that from November 30, 2022, we will start handling the new crypto asset SHIB (Shiba Inu, ticker code SHIB),” BitPoint Japan said in a statement.

The exchange noted that after it officially lists Shiba Inu for trading on November 30, it would become the first cryptocurrency exchange in Japan to support the canine-themed cryptocurrency.

At the time of writing, BitPoint did not specify which Shiba Inu trading pairs will be available when the token is officially listed.

According to Crunchbase, BitPoint Japan was launched on March 3, 2016, and is currently one of the top exchanges in the country. Aside from operating in Japan, BitPoint is also present in Thailand, the Philippines, Hong Kong, and Latin America.

BitPoint Japan Announces 4 Campaigns to Celebrate SHIB Listing

BitPoint has announced 4 campaigns to celebrate the upcoming Shiba Inu listing. The exchange said it will reward new users with 1 million Shiba Inu tokens (approximately $9) for opening an account on the platform from November 30, 2022, to December 29, 2022.

Secondly, BitPoint Japan will also launch a trading contest, where users will be required to purchase over 10,000 yen ($72) worth of SHIB to partake in sharing 100 million Shiba Inu tokens. In this category, 11 users who purchase over 10,000 yen ($72) worth of Shiba Inu will be selected by lottery to share 100 million SHIB, worth $903 at the current exchange rate.

Thirdly, BitPoint Japan also added a social media campaign to celebrate its listing of Shiba Inu tokens. The campaign period will run from November 30, 2022, to December 29, 2022. During the campaign period, Twitter users who follow BitPoint’s account, retweet, and like the campaign tweet will qualify to be selected among the list of winners.

Here, BitPoint will reward one user with 100 million SHIB, while 11 other users will share 11.11 million Shiba Inu tokens.

The fourth campaign will require participants to correctly answer the question “How many Shiba Inu tokens are written on the top page of BitPoint Japan?” Answers will be submitted here from November 30, 2022, to December 29, 2022. BitPoint Japan will select 11 people from those who correctly answer the question by lottery, and they will each receive 1.11 million SHIB.


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