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What is the process for Kraken to list Shiba Inu coin?

avatarHussain Ur RahmanDec 18, 2021 · 3 years ago3 answers

Can you explain the process that Kraken follows to list the Shiba Inu coin on their platform? I'm interested in understanding the steps involved and any specific requirements or criteria that need to be met.

What is the process for Kraken to list Shiba Inu coin?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Kraken has a thorough listing process for new coins like Shiba Inu. They evaluate factors such as the coin's market demand, liquidity, security, and compliance with regulations. The team at Kraken carefully reviews the project's whitepaper, development team, and community support before making a decision. It's important for the Shiba Inu coin to meet certain standards to ensure a safe and reliable trading experience for users on Kraken.
  • avatarDec 18, 2021 · 3 years ago
    Listing a coin on Kraken involves several steps. The project team needs to submit an application to Kraken, which includes detailed information about the coin, its purpose, and its technology. Kraken's team then conducts a thorough review and due diligence process to assess the coin's potential. If the coin meets Kraken's criteria, it goes through a technical integration process to ensure seamless trading on the platform. Finally, once the coin is listed, it becomes available for trading on Kraken's exchange.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that listing a coin on Kraken is a significant achievement. Kraken is known for its strict listing standards and thorough evaluation process. By listing the Shiba Inu coin on Kraken, it gains exposure to a large user base and increases its credibility in the market. It's a great opportunity for the Shiba Inu community to access a reputable and secure trading platform.