According to the Shiba Inu news, Binance is soon to list SHIB in its innovation zone, and it will open trading for SHIB/USDT and SHIB/BUSD trading pairs. Now, the users can begin to deposit Shiba Inu coins in preparation for trading.
Let’s learn something about Shiba Inu (SHIB)
SHIB or Shiba Inu is a trial in decentralized society creating another popular meme coin like Dogecoin. It is the local token of Shiba Inu. It will be the first token that is going to be listed. Even, it employed as an inducement for using ShibaSwap (a decentralized crypto exchange).
Risk Warning:
1.Keep in mind that, while writing this post, the top 1, 2, and 5 wallets keep 50.5%, 7.0%, and 3.0% of overall supply, respectively.
2. Shiba Inu is a relatively new token that contains a higher risk. It will expect to be subject to increased price instability following the Binance listing. Please make sure that you do enough risk management. You should do your homework about Shiba Inu basics. Ultimately learn the project before choosing to trade the token.
3. The binance innovation zone is a focused trading platform where people can easily trade innovative, new tokens that are expected to have increased volatility and pose an elevated risk compared to other tokens.
4. Before trading in the Innovation Zone binance, all users should visit the web area of the trading page to cautiously read the terms of use about the Binance and finish a survey as part of the preliminary Disclaimer. Also, remember that there won’t be any limitations trading on trading pairs in Binance’s Innovation Zone
5. Trading in Cryptocurrency is subject to market risks. Hence, it is essential to deal with the trades carefully. Binance platform will do its best to select premium coins, but it will not be accountable for your trading losses.
