Coinbase now offers Shiba Inu cryptocurrency to New York residents.

Coinbase, a cryptocurrency exchange, has made shiba inu cryptocurrency available to New York citizens, who can now trade, buy, sell, and store SHIB on Coinbase. This announcement follows the addition of SHIB trading pairs to the exchange.

The shiba inu (SHIB) cryptocurrency is now available to residents of the United States state of New York, according to cryptocurrency exchange Coinbase. Friday, the exchange platform tweeted:

It’s official, SHIB is now available to trade, buy, sell and store on Coinbase for NY residents.

This announcement comes on the heels of Coinbase’s addition of some SHIB trading pairs. Wednesday, Coinbase Pro’s official Twitter account tweeted:

SHIB-EUR & SHIB-GBP order books are now in full-trading mode. Limit, market and stop orders are all now available.

After falling the previous day, the price of SHIB soared on Friday. At the time of writing, SHIB had risen 21% in the previous 24 hours and 261% in the previous 30 days. The coin has dropped nearly 9% in the last week.

SHIB recently surpassed rival dogecoin (DOGE) in market capitalization to become the world’s ninth largest cryptocurrency. At the time of writing, dogecoin had regained its ranking, and SHIB was the tenth largest cryptocurrency by market cap.

On Monday, cryptocurrency exchange Kraken tweeted that SHIB would be available for trading on its platform beginning on Tuesday. The exchange, however, did not take place, and SHIB is still not listed on Kraken. “Community is an important part of our considerations for all listings, and you have clearly shown your support. There’s more work for us to do as we move through our listing review process,” Kraken tweeted after it failed to list SHIB Tuesday.

Patrick

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