Robinhood Lists Shiba Inu and 3 More Cryptocurrencies — SHIB Price Soars – Altcoins Bitcoin News

Robinhood Lists Shiba Inu and 3 Other Cryptocurrencies — SHIB Price Soars

Popular trading platform Robinhood lists Shiba Inu (SHIB) along with three other popular cryptocurrencies. For months, proponents of the meme cryptocurrency have been petitioning Robinhood to list SHIB.

Robinhood Finally Lists Shiba Inu Crypto

Popular trading platform Robinhood announced four new cryptocurrency listings on Tuesday. The company wrote:

We are pleased to announce that customers can now buy and sell four additional cryptocurrencies through Robinhood Crypto: Compound (COMP), Polygon (MATIC), solana (SOL) and shiba inu (SHIB).

shiba inu supporters are ecstatic to see SHIB now running on the Robinhood app. The SHIB community has been requesting the platform to list meme coins on since last October. As of Tuesday, nearly 560,000 signatures had been collected.

“Over the past year, our crypto customers have been asking for two things: the ability to send and receive their tokens, and a wider choice of cryptocurrencies,” the Robinhood announcement noted.


The company added that it met the highest demands of its customers by rolling out the new crypto wallet to more than 2 million users.

Robinhood Chief Brokerage Officer Steve Quirk commented:

We’re excited to add more options to our clients as we strive to make Robinhood the best place to invest in cryptocurrencies.

He further believes: “As a security-first company, we have a rigorous framework in place to help us evaluate listed assets, and we remain committed to providing a safe and educational crypto platform.”

Robinhood noted that while new crypto assets can now be bought and sold, “deposits and withdrawals for these assets will not be immediately available, but the ability will come soon.”

At the time of writing, SHIB is trading at $0.00002799 per coin. It is up more than 20% in the past 24 hours and more than 5% in the past seven days, according to Markets.

What do you think of Robinhood finally listing Shiba Inu? Let us know in the comments section below.

Kevin Helms

As an Austrian economics student, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects, and the intersection between economics and cryptography.

Image credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or an invitation to buy or sell, nor is it a recommendation or endorsement of any product, service or company. does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned herein.

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