Crypto Live News
Author: Mustafa Mulla Aug 4, 2023 13:44
Mustafa Mulla 
Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Binance, a leading cryptocurrency exchange has approved Shiba Inu (SHIB) as a collateral asset, offering its users new avenues to use their tokens. SHIB holders can now use their tokens for borrowing funds and participating in leveraged trading to maximize their potential benefits. The approval of SHIB as collateral is a significant development for the cryptocurrency, which gained substantial popularity earlier this year due to its meme-inspired branding. The move by Binance bolsters SHIB’s credibility and potential for growth in the cryptocurrency market, demonstrating the exchange’s recognition of its value.
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