Dogecoin-killer, Shiba Inu (SHIB) has obtained a top-tier listing, as the Kraken exchange that SHIB is now live on the U.S.-based exchange. The announcement comes less than a month after Kraken failed to fulfill its initial promise to list SHIB.
On November 29th, Kraken announced that is active on the exchange and will be tradable against the USD and the EUR, starting from November 30th. To deposit SHIB, users will need to complete 20 confirmations, which takes approximately 5 minutes to do.
Once the confirmations have been completed, users can deposit on their Kraken account by navigating to “ Funding,” selecting the asset, and hitting “ Deposit.” Kraken announced that the minimum deposit is 373,000 SHIB, while a minimum of 50,000 SHIB is required for trading.
At launch, users will be able to access SHIB on Kraken and Kraken Terminal. However, Kraken Futures and Margin Trading won’t be available for SHIB traders at launch.
Since the Kraken listing, SHIB’s price has jumped by more than 40%. The price of SHIB rose from $0.00003852, recorded on November 29th, to set a new weekly high of $0.00005361.