OKCoinJapan, major cryptocurrency exchange in Japan, has announced that it will extend Polygon chain support for Shiba Inu (SHIB) and DAI starting Sept. 7
The support is scheduled to start on Sept. 7 at 5:00 p.m. JST. Both digital assets are compatible with the Ethereum ERC20 chain.With the introduction of Polygon support, users will have more flexibility for entry and exit transactions of these tokens.The exchange has already been offering multichain support for other prominent cryptocurrencies, including Ethereum , Arbitrum , Avalanche , Polygon and Palette .
By adding Polygon support, OKCoinJapan could potentially reduce transaction costs for its user base, given Polygon's efficiency compared to traditional Ethereum transactions. As of today, the price of SHIB stands at $0.00000814, with a market capitalization of approximately $4.8 billion and a 24-hour trading volume of around $94.7 million.
The move by OKCoinJapan to add Polygon support for SHIB could potentially increase its liquidity and make it more accessible to a broader audience.
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