Media Outlets & Twitter Claim Revolut Users Can Trade Shiba Inu – But Revolut is Silent

Shiba Inu has reportedly been added to Revolut’s crypto exchange – but not confirmed by Revolut itself.

On Saturday, various crypto media outlets reported that the digital banking app Revolut had added the dog-themed meme coin Shiba Inu (SHIB) to the list of crypto assets on its exchange platform. The Revolut app currently boasts a user base that numbers 18 million different individuals.

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Not only did other media outlets run with the original story, but several Twitter users posted tweets asserting that the Shiba Inu addition to Revolut had occurred, such as this message from last Tuesday.

Conversely, the company Revolut was strangely silent on the topic with no official announcement of any kind about a possible Shiba listing. The only thing even remotely close to an allusion to SHIB was when Revolut recently changed the cover image on its Twitter account page to an image of a Shiba Inu dog with the words “NEVER SETTLE,” as pictured below.

Source: Twitter

Using the customer support feature on the Revolut app, we inquired about whether Shiba Inu was available for crypto trading but did not hear back by the time of this writing. Shiba Inu is available on various centralized and decentralized crypto exchanges, including Binance, Huobi, Coinbase, Gate.io, Uniswap, and OKX.

As of this writing, SHIB is priced at $0.00002394, down almost 10% over the past 24 hours, according to CoinMarketCap, and down 73% since it hit a record high of $ 0.00008845 in October 2021.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tor Constantino

Tor Constantino is a former journalist, consultant and current corporate comms executive with an MBA degree and 25+ years of experience - writing about cryptocurrencies and blockchain since 2017. His writing has appeared across the web on Entrepreneur, Forbes, Fortune, CEOWorld and Yahoo!. Tor's views are his own and do not reflect those of his current employer.