9 months ago
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Canadian cryptocurrency exchange Uphold has expanded its crypto offerings to include a diverse range of tokens it previously delisted in 2023. The crypto exchange announced the relisting of nine new tokens, including some of the most popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE).
Uphold Expands Its Crypto Offerings
On Thursday, January 25, Uphold disclosed in an X (formerly Twitter) post that it had reintroduced several prominent tokens including Cardano (ADA), Casper (CSPR), Dogecoin (DOGE), Hedera (HBAR), Injective (INJ), Kasparov (KAS), Shiba Inu (SHIB), XDC Network (XDC) and Steller (XLM).
Earlier in December 2023, the crypto exchange notified its customers via email about the delisting of 10 tokens, including Vechain (VET) and other cryptocurrencies mentioned above. Uphold revealed that the reason for delisting these tokens was to continually remain compliant with Canada’s cryptocurrency laws and regulations.
Presently, Canada does not view crypto assets as legal tender. However, individuals have the legal option to purchase these digital assets and accept cryptocurrencies at their own risk.
Uphold’s decision to reinstate these cryptocurrencies would effectively allow Canadian users to have a more diverse array of cryptocurrencies to buy, sell, and trade. Additionally, it also opens up opportunities for traders to take advantage of these popular cryptocurrencies during the 2024 bull run cycle.
The crypto exchange stated in its X post that the relisted tokens would be available on its Topper payment system. Additionally, Canadian Topper users can easily access the reinstated tokens through the platform’s widget or any of its partners.
Uphold To List BONE?
Following the announcement of the recently reinstated tokens on Uphold’s Topper platform, many crypto enthusiasts, specifically SHIB community members have inquired about the possibilities of Bone ShibaSwap (BONE), being next in line to be listed on the crypto exchange. BONE is an Ethereum-based token and one of the many native tokens of the Shiba Inu ecosystem, including Shiba Inu (SHIB) and Doge Killer (LEASH).
Shib Kind, one of Shibarium’s X communities, predicted recently in an X post that Uphold is on the verge of announcing another listing to include BONE on its platform. The Shib X handle shared a screenshot of Uphold’s BONE holdings, which currently stand at a staggering 1,041,103.05. This substantial investment in BONE tokens suggests that the crypto exchange is possibly considering listing BONE in the future.
This potential development would actively promote more adoption of the Shiba Inu-based token. Moreover, it would empower Canadian users to leverage the popular token, simultaneously expanding Uphold’s Topper platform to millions of BONE token investors globally.
Featured image from Bitfinanzas, chart from Tradingview.com
