Nexo, a leading cryptocurrency exchange, has finally succumbed to the Shiba Inu (SHIB) craze, adding support for the meme token today. This move follows years of campaigning by a passionate SHIB fanbase.
The announcement, made via a social media post, reveals that Nexo users can now buy SHIB using their debit/credit cards, swap it for other supported crypto assets, and even send SHIB to other Nexo users with just phone numbers or emails. Notably, SHIB trading is currently unavailable in the UK.
Minimum $1 SHIB Purchases and Crypto Rewards
Nexo caters to both large and small investors by allowing users to purchase as little as $1 worth of SHIB. To celebrate the listing, Nexo is offering a sweet deal – a 0.5% cashback in crypto rewards for SHIB purchases using cards or bank transfers.
This development comes after years of relentless campaigning by the SHIB Army. A 2021 Change.org petition garnered over 140 votes, and similar efforts on social media platforms like [platform mentioned earlier] urged Nexo to list SHIB. Their persistence has finally paid off.
Nexo Joins the Shiba Inu Listing Spree
Founded in 2018, Nexo now joins a growing legion of exchanges that support SHIB. With over 6 million users and support for 75 cryptocurrencies (including fellow meme-coins DOGE and BONK), Nexo adds another layer of legitimacy to Shiba Inu.
Also Read: Shiba Inu to the Moon (Again?)! Marketing Lead Predicts 247% Rally Before Bitcoin Halving
Nexo’s listing further emphasizes SHIB’s impressive organic growth. As of February 2024, Shiba Inu was already listed on over 130 platforms, including giants like Binance and Coinbase. According to Shiba Inu’s marketing lead, Lucie, this feat was achieved without any listing fees. The credit goes entirely to the vibrant and dedicated SHIB community.
The Shiba Inu story highlights the power of a passionate community. Nexo’s listing, alongside Robinhood’s recent move (prompted by a similar petition), demonstrates the influence these online movements can hold.
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