Coincheck starts handling Shiba Inu coins | CoinDesk JAPAN

Crypto asset (virtual currency) exchange Coincheck will start handling Shiba Inu Coin (SHIB) from December 14th.

The outline of Shiba Inu Coin is as follows, according to the release.

Shiba Inu (SHIB) is a crypto asset issued by an anonymous developer in August 2020 (Japan time). A crypto asset derived from DOGE) and issued on the Ethereum blockchain.

Although it was originally developed as a “joke currency” and is not a crypto asset developed with a clear purpose, it has become more well-known and there are communities all over the world, and now NFTs and DEX (decentralized The use cases for currency are expanding as developments such as currency exchanges are progressing.

[Reference]Coincheck reputation/reviews

｜Text/Editing: CoinDesk JAPAN Editorial Department
｜Top image: From the release