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How come Shiba Inu cannot be bought on Binance?

avatarNyakutkaDec 29, 2021 · 3 years ago3 answers

Why is it not possible to purchase Shiba Inu on Binance? Can anyone explain the reason behind this decision?

How come Shiba Inu cannot be bought on Binance?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    As of now, Shiba Inu is not available for purchase on Binance. The reason for this is that Binance has certain listing criteria and requirements for cryptocurrencies to be listed on their platform. These criteria include factors such as market capitalization, trading volume, and project credibility. Shiba Inu may not have met these criteria at the time of evaluation. However, it's important to note that Binance regularly reviews and updates their listing criteria, so there is a possibility that Shiba Inu may be listed in the future.
  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, Shiba Inu is currently not supported on Binance. Binance has a rigorous listing process and only lists cryptocurrencies that meet their specific requirements. These requirements ensure that the listed cryptocurrencies have a certain level of credibility and market demand. While Shiba Inu may have gained popularity recently, it might not have met the necessary criteria set by Binance. It's worth keeping an eye on future updates from Binance as they may consider listing Shiba Inu if it meets their criteria.
  • avatarDec 29, 2021 · 3 years ago
    Shiba Inu is not available for purchase on Binance. However, there are other platforms like BYDFi where you can buy Shiba Inu. BYDFi is a reputable cryptocurrency exchange that supports a wide range of cryptocurrencies, including Shiba Inu. If you're interested in buying Shiba Inu, you can consider using BYDFi as an alternative to Binance. Just make sure to do your own research and follow the necessary steps to ensure a safe and secure trading experience.