Dogecoin Killer Shiba Inu listed by Tim Draper-Backed Crypto Exchange

Dogecoin Killer Shiba Inu listed by Tim Draper-Backed Crypto Exchange

Coinhako, a Singapore-based cryptocurrency exchange, has added support for Shiba Inu, the company announced Monday.Its users are now able to trade the so-called "Dogecoin killer" against the Singapore dollar (SGD), the U.S. dollar (USD) and the Vietnamese dong (VND).Coinhako also operates a wallet, which now allows safely storing Shiba Inu.Last week, the company managed to obtain an in-principle approval letter from Singapore's financial regulatory authority, in order to legally provide digital token services, becoming one of the first local cryptocurrency companies to achieve such a feat.Co-founder Yusho Liu told Yahoo Finance Singapore that trading volume on the exchange has grown 1,000% since the start of the year.

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