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The World’s Third Largest Exchange, Kraken, Launches Futures Trading for Shiba Inu (SHIB).
Kraken, the Francisco-based cryptocurrency exchange, has expanded its offerings for Shiba Inu on its advanced crypto trading platform, Kraken Pro.
In today’s announcement, Kraken Pro disclosed adding a new perpetual futures trading pair, SHIB/USD, with up to 10x leverage.
New perpetual live: $SHIB @Shibtoken
Explore futures in Kraken Pro
👉 https://t.co/WIx2mvFv7Q*Geographic restrictions apply pic.twitter.com/3VOyrmZ2qu
— Kraken Pro (@krakenpro) May 30, 2023
However, Kraken has implemented certain geographic restrictions to this service. Hence, interested individuals are urged to familiarize themselves with the specific regions where this feature is available.
Recall that Kraken added support for SHIB back on November 29th, 2021.
According to CoinMarketCap, Kraken is the world’s third-largest exchange in daily trading volume.
On the other hand, Binance has removed one of Shiba Inu’s trading pairs, SHIB/AUD, from its platform. This decision comes as part of Binance’s routine evaluation of trading pairs. Despite this change, Binance users can trade Shiba Inu through other active trading pairs available on the exchange.
In addition, Tangem, the Swiss-based hardware wallet manufacturer, has opened pre-orders for their much-awaited SHIB cold wallets. As reported by The Crypto Basic, Tangem will start delivering the pre-ordered wallets in early July.