Indian cryptocurrency exchange ZebPay has announced that its newly launched QuickTrade feature is currently supporting the Shiba Inu cryptocurrency.
QuickTrade allows instant buying and selling of cryptocurrencies without paying any transaction fees.
Users don't have to wait for their order to be matched for their request to be fulfilled.
One has to place an instant order on the exchange with the help of the ZebPay feature by clicking on the QuickBuy button and entering one's security PIN. The user's personal details will then be validated by the trading platform. After a quick verification process, user orders are automatically executed. The user must place the order again if the old price expires.
At launch, this feature was only available for Bitcoin, Ethereum, and Polygon (MATIC).
ZebPay has added a number of other cryptocurrencies, which include the FTX Token (FTT), the native token of cryptocurrency exchange FTX, and the cryptocurrency meme Dogecoin (DOGE).
ZebPay, India's oldest cryptocurrency trading platform, added support for Shiba Inu trading in early October, which comes before the meme coin's massive price rally that occurred later that month. Competitor Dogecoin ended up being one of the most traded cryptocurrencies last year, alongside Polygon (MATIC), according to data provided by local exchanges.
The cryptocurrency meme so far, in a disappointing 2022, with its price dropping by more than 29%.
ZebPay closed its doors in late September 2018 after the country's central bank banned banks from doing business with crypto companies. However, he managed to find a new life after the crippling crypto ban was overturned in March 2020