On Wednesday (December 8), one of the world’s oldest and most popular crypto exchanges announced details about its upcoming support for the following cryptoassets: Shiba Inu ($SHIB), dYdX ($DYDX), Gala ($GALA), and Perpetual Protocol ($PERP).

Bitstamp, which was founded in 2011, got registered in the UK in 2013 and in Luxembourg in 2014. It has “a global team of around 400 people” based in offices in the UK, Luxembourg, USA, Singapore, and Slovenia. It is available to people in over 100 countries and currently has over four million users around the world.

In a blog post published yesterday (December 8), Bitstamp said that deposits and withdrawals had already been enabled for $DYDX, $SHIB, $GALA, and $PERP.

As for being able to place/cancel limit orders, this will happen according to the following schedule:

  • $SHIB: December 9 at 8:00 AM UTC
  • $PERP: December 9 at 8:00 AM UTC
  • $DYDX: December 10 at 8:00 AM UTC
  • $GALA: December 13 at 8:00 AM UTC

Bitstamp says full trading will start as soon as “the order books gather sufficient liquidity.”

According to data by CryptoCompare, currently (as of 10:15 a.m. UTC on December 9), $SHIB, $PERP, $DYDX, and $GALA are trading around $0.00003650 (+1.42%), $10.70 (+2.39%), $9.146 (+1.33%), and $0.5227 (+15.67%) respectively.


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.

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Featured Image by “waldomiguez” via Pixabay