![]() The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. Shiba Inu coin is not listed on Binance but still you can buy Shiba Inu and other coins like Safemoon on Binance website. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Recall, the exchange added SHIB to its PoR system in early February. The decentralized meme token ecosystem continues to expand with support from several crypto proponents and trusted entities including Binance. With this hefty addition, Binance’s reserves read over $63 billion in assets. This takes the total number of assets on the top exchange PoR system to 24. ![]() It bears noting that the exchange updated its proof of reserve system on Tuesday to support 11 new altcoins including MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. ![]() It goes further to imply that users’ funds are safe and can be withdrawn at any time as Binance reveals excess liquidity. This justifies the exchange’s claim that user funds are always collateralized at a 1:1 ratio, plus additional reserves. Hence, the SHIB reserve ratio on Binance is 102.36%. Meanwhile, the exchange’s on-chain balance for SHIB reads 78,546,133,520,601.40 (~78.5 trillion) tokens. The total deposited amount of Shiba Inu - Customer Net Balance - on Binance is 76,737,751,676,039.80 (~76.7 trillion SHIB), according to the exchange’s updated PoR sheet. Per the updated proof-of-reserve (PoR) published by Binance, the top exchange showed that SHIB tokens in its reserve are more than the total deposited tokens by customers. This figure tells that the exchange’s reserve contains extra assets to ensure zero liquidity crises. The petition has gathered more than 2,000 signatures at time of publishing.īONE will be a core part of Shibartium and will be used to pay gas fees on all transactions.The reserve ratio of Shiba Inu (SHIB) on Binance, the largest blockchain ecosystem and digital assets exchange by 24-hour trading volume is 102.36%. This month, investors created a petition to get Bone ShibaSwap ( BONE) added to Binance’s network of global crypto exchanges. SHIB started the year at $0.00000814 and has climbed to $0.00001253 at time of publishing, representing a 54% increase. ![]() Shiba Inu has witnessed an explosive start to 2023 as the crypto project prepares to launch its own custom layer-2 blockchain on the Ethereum network called Shibarium. “KSHIB/USD trading pairs delisted and all pending KSHIB spot trade orders will be canceled…Īll customers currently holding KSHIB will receive converted SHIB distributions at a ratio of 1 KSHIB = 1,000 SHIB.” Trading is now available for $SHIB / $USD on are the medium of exchange within the #Shiba Inu ecosystem, which includes ShibaSwap, a #DeFi platform, that features liquidity pools, token swaps, #NFT’s, voting rights within the DAO, and more.Ĭustomers who invested in KSHIB will see their holdings automatically converted. Flash-forward to today, when Binance.US has now officially launched support for SHIB/USD and ended its support of KSHIB/USD.
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