Is there a specific reason why Coinbase doesn't allow the purchase of Shiba Inu?

3 answers

• May 24, 2022 · 3 years ago
  Coinbase has a strict listing process for cryptocurrencies, and not all coins meet their criteria. Shiba Inu might not have met the requirements set by Coinbase, such as a certain level of market capitalization, liquidity, or regulatory compliance. It's also possible that Coinbase has concerns about the project's legitimacy or the potential risks associated with it.
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• May 24, 2022 · 3 years ago
  Coinbase may have made a strategic decision not to support Shiba Inu due to its relatively low market demand or trading volume. They prioritize listing cryptocurrencies that have a larger user base and higher trading activity to ensure a smooth trading experience for their customers.
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• May 24, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that Coinbase is not the only exchange that doesn't support Shiba Inu. Many exchanges have their own listing criteria and may choose not to list certain coins for various reasons. However, it's worth noting that there are other exchanges where you can buy and trade Shiba Inu, so if you're specifically interested in this coin, you can explore other platforms like BYDFi, which supports Shiba Inu trading.
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