In a groundbreaking move, Turkish cryptocurrency exchange Bitcointry has announced its integration with Shibarium, ushering in a new era for the Shiba Inu ecosystem. The move, unveiled on Monday, signifies the first of many steps to welcome the Turkish crypto community into the world of Shiba Inu.
One of the most exciting aspects of this integration is the potential it holds for Bitcointry users. With Shibarium now part of its infrastructure, the exchange can offer a broader range of assets within the SHIB ecosystem. This development reflects Bitcointry’s forward-thinking approach to cryptocurrencies.
To celebrate this integration, Bitcointry has introduced two Shibarium-native assets: BONE, the native token of Shibaswap, and support for Marswap (MSWAPF). These additions provide Bitcointry users with direct access to the Shiba Inu decentralized exchange and the DeFi platform Marswap, known for its impressive Total Value Locked (TVL) of over $212,000.
Bitcointry’s decision to list the BONE/USDT and MSWAPF/USDT pairs suggests a strategic move to promote the Shibarium-based projects, drawing attention to the Shiba Inu ecosystem.
While Bitcointry may not be the largest exchange in Turkey, it boasts a respectable trading volume of approximately $500,000, making it a valuable gateway to the world of SHIB for Turkish traders. With the Shibarium integration, the platform has positioned itself as a bridge between Turkish investors and SHIB’s innovative ecosystem.
Shiba Inu Integration: Catalyst for Blockchain Adoption
This development not only benefits Bitcointry but also marks a significant milestone for Shibarium. Exchange integrations are vital for the adoption of a new blockchain, as they facilitate seamless asset transfer and open up opportunities to tap into the liquidity offered by centralized platforms.
SHIB enthusiasts are optimistic that Bitcointry’s integration is just the beginning. They hope that other exchanges will follow in Bitcointry’s footsteps and integrate the Shibarium chain. Such integration would not only expand the Shiba Inu ecosystem but also bring more users into the rapidly growing layer-2 network.
In conclusion, Bitcointry’s integration with Shibarium is a significant step forward for both the exchange and the Shiba Inu ecosystem. It paves the way for further growth and adoption, and Shiba Inu enthusiasts eagerly await the potential influx of new Turkish users.