Bitstamp Delays SHIB Listing Due To 'Technical Problems'

Europe’s largest crypto exchange Bitstamp has postponed its listing of memecoin Shiba Inu SHIB/USD due to “technical difficulties.”

What Happened: Earlier this month, Bitstamp announced that it would add support for SHIB and three other cryptocurrencies on its trading platform.

The crypto exchange said deposits and withdrawals for SHIB had opened on Dec. 8 while official trading was set to commence the next day.

On Dec. 9, Bitstamp told its Twitter Inc TWTR followers there would be a delay.

After several days without an update, Bitstamp stated it hadn’t changed its mind with respect to the listing.

The exchange said it would list SHIB in 2022 without specifying exactly which quarter of the year the listing would take place.

In the past few months, massive demand for SHIB has seen the popular meme-based crypto listed on the top 10 crypto exchanges across the world including Binance and Coinbase Global Inc COIN.

Only Robinhood Markets Inc HOOD appears to be reluctant to announce plans to list SHIB, despite its memecoin rival Dogecoin DOGE/USD continuing to be a major source of revenue for the trading platform.

Photo by Petr Magera on Unsplash