Major Japanese Exchange Adds Polygon Support for Shiba Inu (SHIB)

OKCoinJapan, major cryptocurrency exchange in Japan, has announced that it will extend Polygon chain support for Shiba Inu (SHIB) and DAI starting Sept. 7

The support is scheduled to start on Sept. 7 at 5:00 p.m. JST. Both digital assets are compatible with the Ethereum ERC20 chain.With the introduction of Polygon support, users will have more flexibility for entry and exit transactions of these tokens.The exchange has already been offering multichain support for other prominent cryptocurrencies, including Ethereum , Arbitrum , Avalanche , Polygon and Palette .

By adding Polygon support, OKCoinJapan could potentially reduce transaction costs for its user base, given Polygon's efficiency compared to traditional Ethereum transactions. As of today, the price of SHIB stands at $0.00000814, with a market capitalization of approximately $4.8 billion and a 24-hour trading volume of around $94.7 million.

The move by OKCoinJapan to add Polygon support for SHIB could potentially increase its liquidity and make it more accessible to a broader audience.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These Shiba Inu (SHIB) and XRP Pairs Eye Delisting From Major ExchangeBinance's 2024 vision spells trouble for these SHIB and XRP pairs
Read more »

Hidden EMA Cross on Shiba Inu (SHIB) Can Cause Some WavesThanks to this signal, Shiba Inu might launch upward...again
Read more »

Shiba Inu (SHIB) Might Surprise You Thanks to This PatternShiba Inu's price performance shows some bullish tendencies
Read more »

Large Shiba Inu (SHIB) Transactions Witness Jaw-Dropping 700% Surge in 2 DaysEpic Shibarium expansion triggers jaw-dropping 700% surge in large transactions with Shiba Inu token
Read more »

Analyst Explains How Shiba Inu (SHIB) Can Chart New All-Time HighThe analyst believes the triple-bottom pattern is key in regards to SHIB's future price movements.
Read more »

SHIB Army Burns Millions of Shiba Inu, Pushing Burn Rate High into GreenLarge SHIB burns continue to happen, while price remains in green and Shibarium metrics show massive rise overnight
Read more »