On Monday (November 22), one of Singapore’s oldest crypto trading platforms rolled out the red carpet for the members of the Shib army.

Coinhako, which was founded in 2014 by Singaporean entrepreneurs, was originally created to “create a simple and hassle-free way to access Bitcoin.” It is available in two crypto-hubry markets in Southeast Asia: Singapore and Vietnam. It is available both on the web and on mobile (for Android and iOS).

Earlier today, the Coinhacko team announced that due to popular demand, it was listing $SHIB on their platform.

Coinhako’s blog post started by introducing highly popular dog meme-based cryptocurrency Shiba Inu ($SHIB):

Shiba Inu (SHIB) was created anonymously in August 2020 by its creator known pseudonymously as “Ryoshi… The dog-themed cryptocurrency is fronted by a Shiba Inu, a Japanese hunting dog breed — the same breed that inspired Dogecoin.

Source: Coinhako

It then went to say that users in Singapore would be able to trade $SHIB using the following pairs: SHIB-SGD and SHIB-USD.

Source: Coinhako

As for users in Vietnam, they will be able to Trade $SHIB directly with Tokenized Vietnamese Dong (VNDT) using trading pair SHIB-VNDT.

Source: Coinhako

The blog post also mentioned that Coinhako users would also be able to “trade SHIB with other cryptocurrencies that are supported in their countries” via the Swap function.

One other important piece of news worth mentioning is that yesterday (November 21) the official twitter account for the SHIBA ecosystem issued the following scam alert to $SHIB fans:


The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.