Crypto exchange BITPoint will allow Japanese investors to buy Shiba Inu (SHIB), with millions of tokens on offer
Japan’s leading crypto exchange, BIT Point, reportedly about to start trading Shiba Inu (SHIB) tokens. SHIB will begin listing there on November 30 under its usual ticker symbol. In addition to the news of the quotation of Shiba Inu Token, BITPoint announced a themed giveaway campaign. As part of the promotion, the exchange will offer millions of SHIBs to its old and new clients.
Thus, 1 million SHIB will be distributed to each new registered customer by the end of December, and 100 million SHIB will be refunded for purchases over 10,000 yen within the same period. On top of that, around 230 million additional SHIBs will be distributed via Twitter and a BITPoint quiz, details of which can be found in a press release from the exchange.
SHIB and CEX
SHIB’s listing on BITPoint will be its first on a major Japanese centralized crypto platform, hence the scale of the celebration the exchange decided to throw with a multi-million dollar giveaway. Presumably, if SHIB trading on BITPoint is gaining momentum, one would think that the token would be included in the exchange’s own reserves.
Earlier, U.Today did a detailed breakdown of SHIB reserves from the exchanges that opened this data. Then it turned out that Binance owns more than 10% of the entire Shiba Inu supply.