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WazirX lists Shiba Inu coin in India at higher than actual price, blames it on misconfiguration

WazirX lists Shiba Inu coin in India at higher than actual price, blames it on misconfiguration

India Today
Friday, May 14, 2021 05:55:48 AM UTC

WazirX became one of the first to allow SHIB token trade in INR in the country. However, Shiba Inu coin was listed at higher price than its actual cost.

Shiba Inu or SHIB coin is the hottest and most talked about cryptocurrency right now. The token is being hailed as a Dogecoin killer and surged soon after being listed earlier this week. Shiba Inu coin is built on Ethereum and is the highest growing cryptocurrency among the top 100 coins in terms of market capitalisation. Till Thursday, it wasn’t listed on any of the Indian trading platforms and WazirX became one of the first to allow trade in INR in the country. As expected, a lot of interested crypto investors pounced on the first chance and bought SHIB tokens which are still very affordable. However, there was a small catch. At the time when WazirX listed the SHIB coin, its value was around $0.0002 which converts to around 0.0015 INR.
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