.BinanceUS will list a new pair with the SHIB cryptocurrency
that it will delist Kilo Shiba Inu and list Shiba Inu against the U.S. Dollar on Feb. 24 at 7:00 a.m. EST.
The KSHIB/USD trading pair will be removed, and all pending KSHIB spot trade orders will be canceled on Feb. 20 at 10:00 p.m. EST. Customers currently holding KSHIB will receive converted SHIB distributions at a ratio of 1 KSHIB to 1,000 SHIB by Feb. 24. The SHIB/USDT trading pair will remain available during this transition. Binance.US has also listed KSHIB and added the KSHIB/USD trading pair, which joins the existing SHIB/USDT and SHIB/BUSD pairs.Kilo Shiba Inu is a metric prefix of Shiba Inu and is equivalent to 1,000 SHIB tokens. By removing a few decimal places from SHIB, KSHIB allows customers to more conveniently trade SHIB for USD via the KSHIB/USD trading pair, once customers have converted their SHIB to KSHIB.
Binance.US's decision to delist KSHIB and replace it with SHIB/USD is expected to provide an improved trading experience for its customers. Shiba Inu is currently the 16th biggest cryptocurrency by market capitalization, according to CoinMarketCap.
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