thenewsfacts.com
  • Home
  • Latest News
  • Trending News
  • Entertainment
  • Technology
  • Sports
  • Business
  • Health
thenewsfacts.comthenewsfacts.com
Font ResizerAa
Search
  • Home
  • Latest News
  • Trending News
  • Entertainment
  • Technology
  • Sports
  • Business
  • Health
Follow US
© thenewsfacts : All Rights Reserved.

Home » Shiba Inu Cryptocurrency, Robinhood Makes New Crypto Available for Trading

Business

Shiba Inu Cryptocurrency, Robinhood Makes New Crypto Available for Trading

TheNewsFacts
Last updated: April 13, 2022 12:40 pm
TheNewsFacts
Share
Shiba Inu Cryptocurrency, Robinhood Makes New Crypto Available for Trading
SHARE

Shiba Inu cryptocurrency is finally listed on Robinhood App and it is now available to 2 million waitlisted users, after it listed the Shiba Inu in their trading in their list on Tuesday. After which the crypto, Shiba Inu, Solana are having a remarkable run in the platform.

The launch of the meme coin Thursday was part of a larger expansion of the trading app’s crypto offerings. Solana (SOL), Polygon (MATIC) and Compound (COMP) are also now listed on the site. Each of the tokens was up sharply in early trading Tuesday.

After Robinhood made its crypto wallet available to 2 million waitlisted users. With this the users can now directly interact with cryptocurrencies. Also, members can use their wallet to buy NFTs, send crypto to other crypto traders with no withdrawal fees, but it can’t hold NFTs and is limited to cryptos that Robinhood trades.

We dropped new crypto 👀

And we're giving away $100K of it. Quote tweet this tweet with your Robinhood Username (@ included!) to get some 🪙 #RobinhoodCrypto

The first 10K quote tweets will receive $10 of SHIB. pic.twitter.com/0jsBKYfJvw

— Robinhood (@RobinhoodApp) April 12, 2022

This crypto platform will now allow its users to buy and sell Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin.

Today, Bitcoin climbed up over $40,000 amid a broad rally in financial markets, while Shiba Inu surged more than 20%. Bitcoin, one of the world’s largest and most popular cryptocurrency, however, was last down 2.1% at $40,048.

Shiba Inu Cryptocurrency Lists on Robinhood App

Woof day #ShibArmy,

🏹 Shiba Inu $SHIB lists in @RobinhoodApp

🏞️ SHIB : The Metaverse Launches today! (In a few hours)

🐕 Introducing New Utility for $SHIB in SHIB – The Metaverse pic.twitter.com/OBA6LkpVhe

— Shib (@Shibtoken) April 12, 2022

The launch of the coin was one of the most important part of a larger expansion of the trading app’s crypto offerings.

Shiba Inu was up more than 21% as of 10:00 a.m. ET. Solana saw gains of 5%. Compound jumped nearly 7%. And Polygon’s value was nearly 8% higher.

“We’re excited to add more choices for our customers,” said Steve Quirk, chief brokerage officer at Robinhood in a statement. “We have a rigorous framework in place to help us evaluate assets for listing, and we remain committed to providing a safe and educational crypto platform.”

News of the additional offerings comes days after Robinhood made its crypto wallet available to 2 million waitlisted users, allowing them to more directly interact with cryptocurrencies. Members can use the wallet to buy NFTs, send crypto to other crypto traders with no withdrawal fees, but it can’t hold NFTs and is limited to cryptos that Robinhood trades.

In addition to today’s additions, the platform allows users to buy and sell Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin.

Robinhood was resistant to Shiba Inu, in particular, because of the volatility surrounding the crypto, analysts suggest. Year-to-date Shiba Inu is down 19.5%, with several spikes and valleys. Investors have found other ways to invest in the memecoin, though, likely making it inevitable that Robinhood would begin trading.

TAGGED: Robinhood App Crypto Platform, Robinhood App Shiba Inu, Shiba Inu Cryptocurrency
Share This Article
Twitter Email Copy Link Print
Previous Article Runway 34 New Trailer - Ajay Devgn's mid-air tale looks promising Runway 34 New Trailer – Ajay Devgn’s mid-air tale looks promising
Next Article Unmukt Chand Why There is So Much Buzz Now? Unmukt Chand Why There is So Much Buzz Now?

Your Trusted Source for Accurate and Timely Updates!

We're committed to providing accurate and unbiased news as it unfolds, earning the trust of a large audience. Stay informed with our news updates on the latest events and trends, keeping you ahead of the curve.
FacebookLike
TwitterFollow
InstagramFollow

Popular Posts

Adele is the new owner of Sylvester Stallone Beverly Hills Home

Adele is celebrating 2022 in style as she picked up her fourth Beverly Hills Residence…

By TheNewsFacts

iPhone New iOS 15 Big Bug Revealed, be warned

Apple iOS 15 has a big bug, and the fix for this is not in…

By TheNewsFacts

Indian Stock Market Indices Create a New High Today

The India Stock market is on a roar as it opened on 3rd August (…

By TheNewsFacts

You Might Also Like

Rio Tinto
Business

AMG, Rio Tinto Plan 500K TPA Green Aluminium in India

By TheNewsFacts
BluSmart
Business

BluSmart’s EV U-Turn: Platform Out, Fleet In

By TheNewsFacts
GreenLine Mobility Solutions
Business

GreenLine Bets Big on Net-Zero Logistics; Invests $275M

By TheNewsFacts
xAI Elon Musk
Business

Musk’s $33B xAI-X Deal Promises New AI-Social Media Era

By TheNewsFacts
thenewsfacts thenewsfacts

About US


TheNewsFacts: Brings you the interesting facts, news facts and updates from India an the world across politics, tech, entertainment, business, tending, and more. We deliver what you love to read.
Top Categories
  • Latest News
  • Trending News
  • Paris Olympics 2024
  • Sports
  • Entertainment
  • Business
  • Technology
Usefull Links
  • About The News Facts
  • Latest News
  • Privacy Policy
  • Editorial Policy
  • Disclaimer
  • Contact Us
Follow us
Facebook Twitter Instagram

© thenewsfacts. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?