ShibaInu will start trading on foxbit later this month
The Sao Paulo-based trading platform has over 950,000 registered customers.
Launched back in 2014, it is one of the oldest cryptocurrency exchanges in the Latin American region. The exchange has had to deal with some significant challenges over the past seven years. In March 2018, it went down for almost three days after a bug allowed an unscrupulous user to withdraw their Bitcoin holdings twice. The trading platform quickly shut down hacking rumors back then.
Luis Augusto Schiavon Ramos, one of the exchange's four co-founders, tragically died in a car accident on Christmas Day 2018. He was hit by a cargo truck after losing control of his car.Foxbit's most viral story was a feel-good one. Joao Canhada, another co-founder, made headlines after gifting his newborn daughter a Bitcoin when it was worth roughly $1,000.
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