Coinbase International news

Swiss Exchange lists ADA as Coinbase Pro adds support for AVAX

Lykke Wallet, a Switzerland-based digital assets platform, posted a tweet detailing that it was adding Cardano to its list of tradable crypto assets

Swiss exchange Lykke earlier this week announced that Cardano’s native token ADA had been listed on the platform. As the exchange’s press release explained, Lykke Wallet users will be able to trade crypto commission-free. The Swiss FinTech company is offering ADA in trading pairs with BTC, CHF, ETH, EUR, GBP and USD.

The wallets’ users will, however, be required to complete KYC verification before enjoying zero trading fees. CEO of Lykke Richard Olsen reacted to the listing, saying it would help set up even stronger partnerships to serve more users. He further described the decision as being on the path towards gaining better usability of blockchain to redefine the financial space.

“The ADA listing is a major milestone for our community that now can trade ADA for free. We are inspired by Cardano’s commitment to scientific rigor and excellence. The listing sets the foundation for a deeper partnership that can serve the bigger community to unlock the full potential of blockchain…”

Elsewhere, a recent blog post from Coinbase confirmed on Wednesday that Coinbase Pro is allowing users to transact in Avalanche’s AVAX token for inbound AVAX transfers. The exchange is to launch order books across three trading pairs; AVAX-USD, AVAX-USDT and AVAX-EUR, and rollout will be split into post-only, limit-only and full trading phases. The exchange also clarified to users that Coinbase Pro would only have support for C-Chain AVAX tokens.

“Coinbase Pro only supports C-Chain Avalanche (AVAX) tokens. […] Sending Avalanche on P-chain or X-chain or any other assets to a Coinbase Pro wallet will result in permanent loss,” the post read.

The Nasdaq-listed exchange added that it reserved the right to suspend trading if it was felt that the new order books didn’t meet certain healthy market requirements as per Coinbase Pro’s assessment. Even with the announcement, AVAX is yet to feel the Coinbase effect, a breakout effect that sees tokens soar when they are listed by the exchange. Instead, the token has continued changing hands within a tight range.

The listing, which sees Coinbase join Binance and BitPanda among the AVAX-listing exchanges, was lauded by Avalanche. A Twitter post in response to the news revealed that the listing would expand the accessibility of the token to more users.

“AVAX is now available to transfer to Coinbase Pro. Trading is expected to begin tomorrow, Sept. 30, on or after 9 AM PT. This listing increases the accessibility of Avalanche to a broader set of users, including those in the US,” the post read.

The post Swiss Exchange lists ADA as Coinbase Pro adds support for AVAX appeared first on Coin Journal.

Monthly Report: UAE regulators embrace trading of crypto assets, Turkey state leader rejects cryptocurrencies

The debt crisis involving China’s second-largest property developer, the Evergrande Group set off a sell-off across cryptocurrency markets at the beginning of the week. Here is a summary of other top cryptocurrency news:

Dubai World Trade Centre Authority to add support for crypto trading

On Wednesday, the UAE’s Dubai World Trade Centre Authority (DWTCA) and the Securities and Commodities Authority (SCA) reached an agreement to allow the offering, listing, regulation, and trading of crypto-assets in the country. 

Helal Saeed Al Marri, the Director-General of the DWTCA explained that alongside the growth in the industry, the DWTCA needed to establish support for crypto tech products such as NFTs, which are expected to play a huge role in the future finance world. Further, it is expected that the SCA will help provide the necessary regulatory guidance towards the adoption (issuing and listing) of these assets for all the entities seeking to operate crypto assets under the DWTCA’s jurisdiction. 

The FCA would be required to supervise, control and investigate the entities licensed to operate within the free zone. The UAE has previously (July 2021) stated that it plans to launch its CBDC by 2023.

Suex sanctioned over illegal operations

The US Treasury Department took a rather unique step on Tuesday when it said that it was enforcing sanctions against crypto exchange Suex over its connection to money laundering for ransomware offenders. The exchange was sanctioned as it had been identified to have processed ransom amounts for at least eight ransomware variants.

The Czech-based crypto exchange sanctions come at a time when President Biden’s administration grapples with getting a foothold on crypto and the laws around it. Previously, such ransomware activities have been associated with extremist groups, but even nation-states are suspected to be involved in some cases. For instance, earlier in the year, the Treasury Department found out that a Russian intelligence Agency had ties to a ransomware group, Evil Corp–a group that came into the limelight for a ransom attack on Colonial Pipeline.

Further, the treasury said that even though cryptocurrencies may be legal, the technology facilitating payments in these currencies could be easily exploited to allow rogue actors to get away with the money. Several institutions in the US have been victims of ransomware attacks in recent months. The rise of these ransomware attacks has resulted in losses of $400 million in 2020, an over 300% increase from 2019.

FTX to extends presence to the Bahamas and Gibraltar

The crypto exchange FTX has enjoyed good fortune this week as the exchange announced on Monday that it had received the legal go-ahead to operate in the Bahamas through its subsidiary in the country. This added to late last week’s announcement of a similar arrangement in Gibraltar.

FTX, through its Zubr Exchange subsidiary, gained a license from the Gibraltar Financial Services Commission (GFSC) to operate as a DLT provider. However, the approval was contingent on addressing issues raised from the regulatory feedback it had received. At the time, CEO Sam Bankman-Fried had lauded the move as one that would push FTX towards compliance and trust for all users around the world.

In the Bahamas, FTX’s subsidiary, FTX Digital Markets was registered as a digital asset business with the securities commission in the country. With the announcement, it was revealed that Ryan Salame would head the FTX Digital Markets, with headquarters in Nassau, Bahamas.

CEO Bankman-Fried has taken a more positive approach towards regulatory requirements. He has in recent days been pro-regulation, arguing that without the regulations, illegal activity (scams) would cause the regulators to clamp down on the industry further. 

Coinbase calls it quits on Lend program plans

Crypto exchange Coinbase had planned the scheduled release of a new Lend feature for months now, but the SEC intervention may have well led the Lend product to its demise. Coinbase announced at the end of last week that it would halt the planned launch of the lend feature as it seeks to understand the regulatory hurdles put against it. The exchange added that even pre-launch, hundreds of thousands of customers had already signed up to the program. 

The exchange reassured its customers that it would continually find ways to offer its customers ‘innovative, trusted programs and products’. The Coinbase decision comes even as the SEC chair Gary Gensler takes an even firmer approach towards crypto. 

Gensler told the US Senate Banking Committee that the crypto set-up needed to talk to the regulators. He also noted that given the diversity of tokens on these platforms, there was a huge likelihood of some of them being securities, which have to be registered under the law. In the particular case of Lend by Coinbase, the SEC was of the opinion that the feature was a security but Coinbase didn’t think so.

Turkish President declares war on crypto

Bloomberg reported that the President of Turkey, Recep Tayyip Erdogan said on Saturday that the country was at war with cryptocurrencies, with several measures established to streamline their use even as the country plans to test and launch its digital Lira. As he spoke to students from 81 provinces, the Turkish president said he had no standing issues with the spread of digital assets but he insisted that the sovereignty of The Turkish Lira would have to be retained. 

Erdogan explained that the country’s currency was part of its national identity. Turkey has been unfriendly towards crypto. Back in April, the Turkish central bank banned the use of crypto in making payments. 

The bank cited the market volatility, regulatory uncertainty and criminal activity involved with crypto as the main reasons for the ban. A month later, the Turkish government placed all crypto asset providers under existing anti-money laundering and terrorism financing regulations, as instructed by a presidential decree.

The post Monthly Report: UAE regulators embrace trading of crypto assets, Turkey state leader rejects cryptocurrencies appeared first on Coin Journal.

Coinbase backs down on crypto lending program amid SEC row

The cryptocurrency exchange revealed it had ditched the lending product citing regulation issues

Publicly-traded crypto exchange Coinbase has seemingly yielded to pressure following an announcement that it would not be launching its high-yield lending product. The Coinbase team didn’t share the news on Twitter or address the matter in a dedicated blog post. Instead, the exchange discreetly confirmed that the product wouldn’t be hitting the market as planned in a  17 September update to the initial June post.

Coinbase didn’t specify the exact reason for abandoning the programme, but the updated blog post hinted at regulatory difficulties in the path of the exchange and the cryptocurrency sector in general. It could be that the exchange gave in to the threats from the US Securities and Exchange Commission (SEC) and decided to drop the product. The top regulator previously sent a Wells notice to the exchange, warning it would sue if the exchange proceeded to introduce the crypto lending programme into the market.

Coinbase chief executive Brian Armstrong didn’t take the notice lightly and took to social media to lambast the commission, specifically its poor handling of the matter. Many took the exchange’s side, calling out the commission for its antics. The majority of users didn’t see it coming, especially since the company disclosed the cancellation quietly. 

In a social debacle, Armstrong revealed that the exchange had remained compliant with regulations, and it was a surprise to receive the warning. The bone of contention was the status of the product which the regulator views as a security. The company’s chief legal officer Paul Grewal, however, revealed that the commission did not offer any clarification on how it arrived at the decision. The watchdog only warned that it would file a lawsuit if the exchange proceeded to roll out the product.

The crypto lending programme would have offered a relatively high annual percentage yield on some tokens, including 4% yearly yield returns on deposits of the USDC stablecoin. Coinbase reports that “hundreds of thousands of customers from across the country” were already on the waiting list for the programme at the time of the tussle. The exchange has since discontinued the waitlist but pledged to continue working on better offerings for its customers.

Many platforms have shown interest in bringing crypto yield products into the market in the last few months. Cryptocurrency platform Gemini, secured non-bank lender BlockFi and crypto lending platform Celsius are some of the names that have or are working on lending offerings. The latter is the latest to be restricted by state authorities in Texas and New Jersey.

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Weekly Report: More firms launching crypto trading services

Institutions in the banking and trading sectors are gradually bringing cryptocurrency services to their customers. Here is a look at the top headlines this week

MoneyLion customers to benefit from crypto trading services

US-based banking and investing company MoneyLion announced on Monday that it had added a crypto services option to its financial app. The company also confirmed it remains on schedule to go public later in the month. Users will only be able to trade in Bitcoin and Ethereum, but the firm intends to embrace other crypto coins in the long run.

According to a shared press statement, MoneyLion’s Dee Choubey noted that the new offering would help customers manage their finances better. Choubey argued that these digital assets fell in line with the company’s objective to provide relevant education and tools to guide customer decisions. In what he defined as part of early measures geared towards entry into the decentralised finance (DeFi) market, Choubey added that the firm would start by creating more awareness among its consumers.

He also highlighted that the organisation could explore more crypto products, including non-fungible tokens (NFTs) and yield products. The FinTech company further revealed that it would be sponsoring a $1 million crypto prize pool that would see early members of MoneyLion Crypto bag themselves part of the Bitcoin reward.

MicroStrategy now holds more than 114,000 bitcoins

Via a tweet on Monday, Michael Saylor, one of the most vocal Bitcoin proponents, announced to the crypto community that his company MicroStrategy had bought a new stash of 5,050 bitcoins for $242.9 million. The addition means that the company now owns a total of 114,042 bitcoins acquired at an average price of $27,713 per Bitcoin.

In addition, the company’s filings to the SEC detailed that in Q3 2021, MicroStrategy bought up 8,957 bitcoins for an approximate total of $419.9 million. Saylor, the firm’s chief executive, prioritised getting MicroStrategy into the Bitcoin business in 2020 as a security strategy. Jack Dorsey’s Square and Elon Musk’s Tesla were among the major companies to follow suit and shift part of their reserves into Bitcoin.

Not all the executives seemed impressed with the addition of another significant chunk of crypto into the company’s portfolio. Some reportedly sold their MicroStrategy stock soon afterwards, which did little to instil confidence in the Bitcoin decision. Last week, Saylor made remarks that suggested getting into crypto instead of Gold saved his company from making “a multi-billion dollar mistake”.

AMC Theatres to accept crypto payments

Cryptocurrencies have continued forging a path into mainstream acceptance. AMC CEO and Chairman Adam Aron revealed on Wednesday that the entertainment company would, by the end of the year, enable ticket purchases via Ethereum, Litecoin and Bitcoin Cash.

This announcement followed an initial one made in August, though the previous one only mentioned Bitcoin as the sole digital asset to be accepted. In addition, the initial announcement revealed that AMC would enable Apple Pay and Google Pay services at theatres. It is worth noting that both of these services have recently partnered with publicly traded exchange Coinbase for Coinbase card offerings.

Not all were pleased with the announcement, and the DOGE community particularly stood out as they questioned why the coin had been left out of the payment options. The community claimed that Dogecoin is significantly used — even more than some of the listed cryptocurrencies. It might well be justified to claim the coin has gained popularity as a means of payment, given that Mark Cuban recently revealed that his Dallas Mavericks team received 95% of merchandise sales payments in DOGE.

Interactive Brokers launches crypto services in the US

Financial services company Interactive Brokers announced at the beginning of the week that it would be partnering with Paxos to bring cryptocurrency trading to its clients. The firm revealed that users would be able to trade in and hold Bitcoin, Litecoin, Ethereum and Bitcoin Cash through the Paxos Trust Company.

The announcement further revealed that the service would be initially limited to customers residing within the US, with the company planning to launch it for international markets in the future. Interactive Brokers becomes just the second major broker after Robinhood to directly invest in crypto.

To make its entry into the market even more appealing, the online brokerage firm said it would charge users low fees. Specifically, the platform will charge between 0.12% and 0.18% of trade value, hinging on monthly volumes, and users would need to stretch to a minimum of $1.75 per order.

Coinbase sells debt offerings worth $2 billion

Rising market interest has pushed Coinbase, one of the world’s largest crypto exchanges, to up its junk-bond offering to about $2 billion from an initially announced $1.5 billion. The sale is facilitated by investment banking institution Goldman Sachs.

Citing an anonymous source, Bloomberg reported on Tuesday that investors offered interest rates that were lower than Coinbase initially wanted. This showed that investors had a much stronger belief in Coinbase’s creditworthiness than the company predicted. It was also reported that bidding of up to $7 billion in total value was seen.

The sale was finally made in equal amounts of seven and ten-year bonds that would receive interest rates of about 3.375% and 3.265%. However, despite being lowered, these rates are still higher than the average 2.86% yield gained on similarly rated debt. Coinbase intends to use the funds gained from the development to enhance its investment in product development and the probable acquisitions of other technologies, companies and products in the future.

The post Weekly Report: More firms launching crypto trading services appeared first on Coin Journal.

SEC blocks Coinbase’s high-interest crypto product

Coinbase’s CEO revealed yesterday that the top regulator had threatened to sue the exchange if it continued working on its crypto lending programme

Coinbase CEO Brian Armstrong had a lot to get off his chest on Tuesday through his Twitter account as he responded to the SEC’s conduct concerning the exchange’s soon-to-be-launched yield product. With several players in the crypto industry increasingly moving towards allowing their customers to lend out crypto assets to earn interest, Coinbase announced earlier this year that it would be introducing its very own yield-generating product dubbed Lend.

The product would be based on USDC, with users able to earn up to 4% annual percentage yield (APY). The now-publicly listed platform marketed the product as one that would see users earn up to 50x the average interest rate — which is at 0.07%. It also revealed that the high interest rates would be without any heightened risk as customer savings would be protected with a guarantee.

The product’s launch was set to be in a few weeks, so Coinbase updated the SEC, and according to Armstrong, the SEC was not welcoming. The agency said that the Lend feature was a security without offering any explanation of this view.

“They refuse to tell us why they think it’s a security, and instead subpoena a bunch of records from us (we comply), demand testimony from our employees (we comply), and then tell us they will be suing us if we proceed to launch, with zero explanation as to why.”

Armstrong, who also doubles up as a co-founder of crypto donation organisation GiveCrypto, was evidently not impressed by the SEC’s antics, noting that while his company had made efforts to do what was right, the SEC had resorted to threats.

The exchange’s CEO was also wary of the SEC’s attitude towards crypto, citing an instance that occurred earlier in the year when SEC Chair Gary Gensler categorically refused to meet with him.

Chief Legal Officer Paul Grewal revealed that Coinbase has been in communication with the financial watchdog for six months and has also been compliant with the regulator’s requests. The exchange remained shocked by the SEC’s intent to sue without a specific explanation – an action he categorised as an unhealthy regulatory relationship.

“A healthy regulatory relationship should never leave the industry in that kind of bind without explanation,” he wrote.

It remains to be seen what the SEC has planned for the crypto industry and its players. Coinbase joins the list of crypto entities under the SEC’s radar, with others such as BlockFi under investigation for illegal offerings.

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Japan’s FSA seeks stricter crypto regulations to protect users

A series of high-profile hacks have seen Japanese regulators ask crypto exchanges to implement strict measures meant to curb illegal activities as well as protect customers

Japan’s Financial Services Agency (FSA) is eyeing stricter regulations related to cryptocurrencies, a local news outlet has reported.

The FSA is said to have initiated broader deliberations on the topic as it seeks to protect Japanese investors. 

As highlighted by the local media outlet, the FSA-established group consists of experts whose primary goal is to come up with oversight for the cryptocurrency and decentralised finance (DeFi) space in the country.

In addition, Japan’s regulator is also keen on keeping tabs on the central bank digital currency (CBDC) project, even as the broader crypto sector sees significant developments. Concerns that exchanges have not fully implemented measures meant to curb price manipulation and money laundering are also the reason behind the new push.

According to the report, the FSA expects to have new policies in operation by mid-2022.

Japan was among the first countries to recognise cryptocurrencies in their financial system, helping to catalyse the 2017 bull market. However, the country has recently sought to adopt a stricter stance on crypto, especially on cryptocurrency exchanges in the aftermath of a massive hack on Coincheck in January 2018.

The security breach, and the resultant loss of over $500 million worth of digital assets, saw the FSA toughen up against cryptocurrency exchanges as it sought better user protection.

In 2019, the regulator introduced new rules that demanded crypto exchanges be registered and to ensure they implement measures that put customer safety first. While the market regulator now looks to augment those efforts, recent setbacks such as that seen with the hack at Liquid exchange means a tougher stance from the watchdog is likely.

The Japan Times notes that about 31 platforms, including one of the largest in the world, namely Coinbase, have registered to provide crypto trading activities in the country. This week, major US crypto exchange Coinbase officially entered the Japanese market, partnering financial giant Mitsubishi UFJ Financial Group (MUFG) to allow customers to easily buy and hold cryptocurrencies.

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Coinbase launches in Japan and partners with MUFG

Coinbase is looking to maintain the same simple approach to customer integration that makes it the most popular US-based crypto exchange

Coinbase, the leading US-based cryptocurrency exchange platform, is now live in Japan, the company said in an announcement made earlier today.

According to Coinbase, Japan is a key crypto market, with the country already highly recognised in crypto circles as one of the earliest to allow cryptocurrency trading. However, it also notes the stringent regulatory requirements in place.

“In line with our global strategy, we will aim to be the easiest to use and most trusted exchange in Japan that’s fully compliant with local regulations,” the firm said in the blog post.

The firm plans to start with a suite of retail products, including a listing of the top five digital assets as per trading volume. The company will then unveil more assets and add other products as market demand grows.

The exchange also plans to introduce “more localized versions” of some of the most popular crypto-related services, including advanced trading and Coinbase for Institutions.

The exchange has revealed that its unveiling in Japan is in partnership with one of the country’s leading financial giants, the Mitsubishi UFJ Financial Group (MUFG). MUFG serves over 40 million customers and Coinbase says their partnership is going to help millions of customers with bank accounts to easily and quickly access fiat on/off ramps through the bank’s Quick Deposit. 

The official launch into Japan follows Coinbase’s registration with the Financial Services Agency (FSA), Japan’s financial regulator, in mid-June. The approval had earmarked the entry of the exchange into the Japanese market, putting on the table five cryptocurrencies that the exchange could list, namely, Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Stellar (XLM) and Litecoin (LTC).

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Gemini “playing the long game” as Binance faces more hurdles

Image of Lady Justice holding Bitcoin

As payments provider Clear Junction pulls support for Binance, more compliant exchanges could experience growth

The regulatory troubles continue for Binance. After the UK’s Financial Conduct Authority ordered Binance to stop all regulated activity in June, both Barclays and Santander blocked payments to the exchange last week.

Things didn’t get any better this week when one of Binance’s key payments partners, Clear Junction, pulled out, saying it had “decided to suspend both GBP and EUR payments and will no longer be facilitating deposits or withdrawals” for the platform.

However, not all centralised exchanges are being targeted by regulators. In recent years, Binance quickly grew to become the largest crypto exchange by both volume and weekly visitors, but Gemini’s embrace of regulation could stand it in good stead to climb up the rankings.

Binance’s daily spot trading volume is currently about 100 times that of Gemini, but Binance is under scrutiny in the US by the Internal Revenue Service, Department of Justice and Commodity Futures Trading Commission.

As major exchanges lose business in leading economies like the US and the UK through warnings and lawsuits from authorities, the compliant platforms that are left face less competition in those jurisdictions.

As Gemini Co-founder Cameron Winklevoss told Bloomberg yesterday, “We’re playing the long game. We’re trying to be the fastest tortoise in the race. The long game pays off over time.”

Back in 2018, Gemini helped found the Virtual Commodity Association to act as a self-regulatory organisation. Gemini isn’t the only exchange to embrace regulation. Kraken received a bank charter in Wyoming and Coinbase expanded its compliance team by hiring Stripe’s Melissa Strait and Goldman Sachs’ Faryar Shirzad, as well as publishing audited financials.

But not everyone sees the move towards regulation as a good thing. As finance professor John Griffin told Bloomberg: “The Catch-22 is that the crypto system was set up to avoid big banks, [but] rather than having this autonomous universe free of government regulation, we have crypto exchanges playing the role that traditional exchanges and governments play in traditional markets.”

According to Glassnode’s latest newsletter, centralised exchanges have seen a daily outflow of about 2,000 BTC over the last two weeks, while decentralised finance (DeFi) protocols saw a higher inflow of capital during the same period. This could signal traders and investors turning to decentralised exchanges to escape the increasing regulation they face on centralised exchanges.

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KEEP coin is on the up: here is where to buy the cryptocurrency

The Keep Network is attracting an increased level of interest from retail investors across the crypto space. 

This article details the Keep Network, explaining what it is and whether or not you should invest. Scroll down the page to find this key information along with a list of the two best places to buy KEEP crypto online.

Where to buy KEEP coin today

The best place to buy cryptocurrencies like KEEP is a cryptocurrency exchange. While some crypto investors like to source their coins through a decentralised exchange (DEX), crypto brokers offer low fees and clean interfaces that are hard to match.

Here are our two top picks for your convenience:


ForexTB offers over 300 desirable financial assets to choose from. At ForexTB, you can dive into global markets, and trade CFDs on Forex assets, such as EUR/USD, GBP/USD, or trade CFDs on Commodities such as gold, silver and crude oil.

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We offer over 270 desirable financial assets to choose from. At OBRinvest, you can dive into global markets, and trade CFDs on Forex assets, such as EUR/USD, GBP/USD, or trade CFDs on Commodities such as gold, silver and crude oil.

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What is Keep Network?

Having been founded in 2017 by crypto industry veterans, the Keep Network is an incentivised platform that allows users to store and encrypt private data on the public blockchain. In addition, users who stake KEEP coin on the platform can earn rewards.

Should I buy KEEP crypto?

The technology of the Keep Network is mightily impressive, and it was perhaps a shame that its recent listing on Coinbase Pro was overshadowed by a meme coin with few fundamentals, Shiba Inu coin.

In the long run, we feel this will turn out to be a great, profitable project, and tokenholders will be rewarded. However, there is always a significant risk attached to investing in early-stage altcoins. Make sure you conduct your own extensive due diligence and never invest money you can’t afford to completely lose.

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Where to buy Sanshu Inu coin after it surges in value

Sanshu Inu coin has been one of the most popularly discussed cryptocurrencies of the last 24 hours.

Sanshu Inu is the latest dog-themed cryptocurrency to take the market by storm. This article explains the key things you need to know before investing in the project, including its purpose and investment potential.

In addition, below, we have listed the two best places to buy Sanshu Inu coin to make your life a little easier.

Where to buy SANSHU crypto online

Some investors choose to buy their altcoins through a decentralised exchange, though our team of analysts feel that crypto brokers offer the best outcomes for most investors in the majority of circumstances.

We have sifted through many of the options and ranked them based on their fee structures, user interface and general ease of use. Here are our two top picks:


ForexTB offers over 300 desirable financial assets to choose from. At ForexTB, you can dive into global markets, and trade CFDs on Forex assets, such as EUR/USD, GBP/USD, or trade CFDs on Commodities such as gold, silver and crude oil.

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We offer over 270 desirable financial assets to choose from. At OBRinvest, you can dive into global markets, and trade CFDs on Forex assets, such as EUR/USD, GBP/USD, or trade CFDs on Commodities such as gold, silver and crude oil.

Register with OBRinvest instantly

What is Sanshu Inu crypto?

Sanshu Inu is a decentralised transaction network where the community takes action and decides. It has managed to tap into the ‘meme coin’ craze that has been occurring throughout 2021, securing a marked rise in its value and even a Coin Gecko listing.

Should I buy SANSHU coin?

If you want to make a highly speculative investment with plenty of risk and the potential of massive rewards, it could be a good idea to invest in SANSHU tokens. The coin’s growth shows no signs of slowing down and the project’s community appears loyal and committed.

There are some question marks against the fundamental value of this project in the long run, as some investors feel it offers little in the way of technical innovation, though for the time being, it could be a good short-term play and a lottery ticket worth buying.

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