The world’s largest cryptocurrency exchange, Binance, recently announced the addition of 22 new tradable assets and new collateral assets to its Flexible Credit and VIP Credit services. The cryptocurrency exchange’s announcement that it has added several altcoins, including Compound (COMP), Theta Network (THETA), and Shiba Inu (SHIB), as new collateral assets, has sparked speculation that it will list ShibaSwap (BONE) in the midst of Shibarium’s Layer-2 Blockchain launch planned for this month.
Shiba Inu Added as a Collateral Asset
Binance, in its official announcement on August 4th, revealed that 22 altcoins have been added as tradable assets and collateral assets in its Flexible Credit and VIP Credit services.
Accordingly, Binance added 8 new tradable assets and 8 new collateral assets to its Flexible Credit service. The newly added tradable assets are AUCTION, PYR, ILV, KNC, YGG, GAS, CELO, and IRIS, while the newly added collateral assets are SHIB, COMP, IOTA, RLC, HOT, ENJ, THETA, and IOST.
Binance also added NKN, FARM, DIA, YGG, OGN, and ACA as tradable assets to its VIP Credit service. The major cryptocurrency exchange also announced the addition of XEM as a new borrowable asset to Cross Margin and the introduction of the new trading pair XEM/USDT.
Is Binance Getting Ready to List ShibaSwap (BONE)?
Several leading cryptocurrency exchanges, such as OKX, Huobi, and Crypto.com, have listed BONE after the launch of Shibarium’s testnet PuppyNet. With Shibarium reaching new milestones demonstrating demand for its testnet and BONE, preparations for a major mainnet launch are now underway.
Binance, as listing a new altcoin is one of its main requirements, is potentially waiting for the Shibarium mainnet launch to list BONE. The announcement by the lead developer, Shytoshi Kusama, that Shibarium’s launch will take place this month multiple times in the past, suggests that the much-anticipated launch will happen soon and Binance will be able to list the altcoin shortly.
