Robinhood Shiba Inu Listing: Does Robinhood Support SHIB?

Shiba Inu Coin grew quickly towards the back-end of 2021 as it hits the 1 million holders mark, but does Robinhood hold or list SHIB ? After receiving a Coinbase list in September 2021, and subsequent listings on Kraken and CoinDCX, SHIB holders are looking towards Robinhood to complete SHIB ‘s number collection.

here ’ s a look at a potential SHIB listing on Robinhood.

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Does Robinhood Support SHIB?

Robinhood does not support Shiba Inu Coin as of January 2022 and has not confirmed any plans to list SHIB in the future. The substitution presently only supports seven cryptocurrencies. These are Bitcoin ( BTC ), Bitcoin Cash ( BCH ), Bitcoin SV ( BSV ), Dogecoin ( DOGE ), Ethereum ( ETH ), Ethereum Classic ( ETC ) and Litecoin ( LTC ). alternatively, prospective SHIB holders will need to look to the likes of Binance, Coinbase, Gemini, and other exchanges to purchase SHIB .

Shiba Inu Robinhood Latest News And Rumours

Rumours of Robinhood supporting SHIB are constant in the SHIB community. however, most of these are simply that – rumor. The latest rumor comes from rightist political exit Zero Hedge. Posting on Twitter, it claimed that Robinhood would list SHIB in February. however, Zero Hedge provided no evidence of such a list. This is exchangeable to countless other SHIB rumours we ‘ve seen in the past. here ‘s a collection of a few that did n’t pay off.

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Rumours in October were peculiarly strong about a Robinhood list. however, 2021 came and went without a Robinhood list.

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Will Robinhood Add SHIB?

There ’ s no way of knowing what Robinhood ’ randomness plans are for a SHIB list, but the demand is surely there.

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A Change.org request asking Robinhood to list SHIB now has over 550,000 supporters. The request notes the success Robinhood had with its Dogecoin list, noting SHIB has similar electric potential. however, this is just a request, supported by existing SHIB holders who likely hope this could help the price originate. So let ‘s look at the facts about Robinhood. BSV is the most holocene accession to Robinhood ’ s crypto offerings. Robinhood began offering BSV in 2018 – the lapp year it listed Dogecoin. Suggestions that Robinhood needs to list SHIB because of its high gear ranking do not account for this, nor the fact the likes of Cardano, Solana, Polkadot and LUNA are besides not on the platform. The latest official remark from a Robinhood executive on Shiba Inu comes from its CFO, Jason Warnick. When asked about newfangled listings and Shiba Inu at The Wall Street Journal CFO Network Summit, Warnick said :

It’s not lost on us that our customers and others would like to see us add more coins. We’re a highly regulated company in a highly regulated industry, and we think it’s important that we get a bit more clarity from regulators.

Speaking about its list serve in November, Robinhood COO Christine Brown said : “ Our strategy is a short bite different than a lot of the other players out there who are just racing to list as many assets as possible good nowadays. ” however, Brown did besides praise cryptocurrency communities. “ One of my favorite things is seeing the community around these coins actually engage with us and let us know what they want, ” she said.

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There ’ s no intentional when Robinhood will end this dry go of crypto listings ( although it is ramping up its crypto wallet offerings ). even if Robinhood starts to support modern cryptocurrencies, there ’ s no guarantee SHIB will be among the first coins added. We ’ ll keep this page updated with any raw information that comes out from Robinhood. Read More: Shiba Inu Coin Roadmap : Every SHIB Update Coming In The future

source : https://ontopwiki.com
Category : Finance

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