The announcement comes two months after the exchange confirmed that they would onboard the asset.
OKCoin Japan, a Tokyo-based exchange and the Japanese subsidiary of blockchain services conglomerate OK Group, has disclosed that it will list Shiba Inu (SHIB) on February 28. The disclosure, which has triggered a wave of elation among Japanese SHIB proponents, comes two months after the crypto exchange confirmed plans to onboard the asset.
The platform made the recent announcement in a tweet loosely translated from Japanese today. Once listed, Shiba Inu will join 22 other assets onboarded on the platform.
OKCoinJapanでは新たに#シバイヌ $SHIB の取扱いを開始します。
2月28日（火）17:00https://t.co/eADXdXCjKg#SHIB #ShibaInu pic.twitter.com/7myqMR8Hfh
— OKCoinJapan（オーケーコイン・ジャパン） (@OKCoinJapan) February 17, 2023
According to an official press release, the platform will be listing SHIB on February 28 at 17:00 (UTC), upon which trading for the asset will open. However, it has been noted that only users with app v.1.3.8 or higher will have access to trade the asset, imploring users to update to the app’s latest version.
Recall that OKCoin Japan confirmed in an announcement last December that it plans to onboard Shiba Inu in February this year without specifying an exact date. Before this confirmation, OKCoin Japan hinted at the listing on December 6, as it acknowledged tireless efforts from an anonymous SHIB proponent who had been campaigning for Japanese exchanges to list the asset.
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Cheggy, one of Shiba’s lovers, continues to advocate for listing the asset on other Japanese exchanges. Recently, he directed a tweet toward BitBank, one of Japan’s largest digital asset exchanges, as part of their ongoing campaign.
Day 🌟204🌟 Petition Requesting Japanese Exchanges To List #SHIB Home Of Shiba Inu 🥷💎@Shibtoken: Layer 2 #Shibarium WORLDWIDE INVITE. Welcome Onboard #SHIBTrain 2023@bitbank_inc @kuro_9696_9696 @Blue_escape77@SeYXDwfD95uuFbj @doubutunante @rinshibarmy @ShytoshiKusama pic.twitter.com/u8IJ5HgGxq
— cheggy (@cheggy19) February 16, 2023
As SHIB continues to attract attention from Japanese exchanges, the asset’s listing on these platforms would further drive adoption within Japan’s local cryptocurrency scene. Last November, top Japanese exchange BitPoint became the first leading crypto platform in Japan to list SHIB, setting up a trail for others to follow.
Japan stands out as a leading adopter of digital assets, with more than 5 million individuals, equivalent to 4% of its population, holding cryptocurrencies. As a result, an increase in the visibility of Shiba Inu is expected to further promote the adoption of the asset, given the notably high rate of crypto adoption in the East Asian country.
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