Coinbase Pro Adds Support for New Shiba Inu Trading Pairs

Coinbase Pro users can now trade Shiba Inu for Euro and British Pound

Coinbase Pro has announced on Wednesday that its users are now able to trade the high-flying Shiba Inu cryptocurrency against the euro and the British pound.

At the time of publication, the order books for the new trading pairs (SHIB-EUR and SHIB-GBP) are already in full trading mode.

Trading on our SHIB-EUR & SHIB-GBP order books is about to begin. Books will now enter post-only mode. Customers can post limit orders but there will be no matches (completed orders). The books will be in post-only mode for a minimum of 1 min.

— Coinbase Pro (@CoinbasePro) November 3, 2021

The professional arm of America’s top cryptocurrency exchange added support for the Dogecoin rival in early September. Users were initially able to trade the feel of the ‘meme’ coin for the US dollar and Tether stablecoin.

The Shiba Inu-inspired token skyrocketed 825% in October, but it is currently struggling to sustain its mammoth gains.

The largest whale moving its SHIB tokens for the first time since April lowered the price of the same coin by nearly 14% earlier today.

Shiba Inu has now slipped below Dogecoin on CoinMarketCap.