Seychelles based digital assets exchange, Okex on Tuesday, May announced the listing of popular meme coin, Shiba Inu – claiming to be the first major centralized exchange to do so. However, there are a few mainstream crypto exchanges that beat the OK Group owned, crypto asset trading platform to the punch.
On the 11th of May, Victoria, Seychelles headquartered digital currency exchange, OKEx announced the listing of Shiba Inu ($SHIB,) launching the asset with a SHIB/USDT spot trading pair. The token Dogecoin Killer also had the honour of a, Tether paired, Perpetual Swaps derivatives market.
“We are pleased to welcome Shiba Inu to the OKEx platform. I appreciate their experimental spirit, which is exactly what the blockchain and crypto space needs. As an exchange, we are delighted to be able to offer a diverse portfolio of cryptocurrencies, including memetic tokens, to allow a comprehensive investment experience for our valued customers,” commented OKEx CEO, Jay Hao.
“The Shiba Inu community has been gaining strong momentum from the weekend deposits, and we look forward to witnessing its robust development. We are happy to be the first major exchange to offer SHIB to open the crypto gateway to these enthusiasts,” OKEx CEO Jay Hao,” he opined further.
The kicker however, is that OKEx was rather slow on the draw, and was beaten to the punch – over the weekend – by a number of major crypto exchanges. CoinEx, Huobi, and Crypto.com listed Dogecoin’s fiercest rival, while a Binance listing buoyed the asset’s to a +100% rally, following Monday’s price action.
The timing mishap may, very well, be on the PR front. The press release may have been sent out for publishing before news of other exchanges having similar plans reached camp. Either way, the listing makes OKEx the fifth major exchange to list Shiba Inu, since last Friday. $SHIB is up 12% on Huobi (at time of writing,) at a price of $0.00003400.
