Leading Crypto Exchange Expands BONE Support for Shiba Inu

Shiba Inu Shib

Exciting news for BONE holders! A major cryptocurrency exchange is expanding support for BONE, promising increased exposure for the token.

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This development benefits the Shiba Inu community by offering new trading and investment opportunities. Good news for Shiba Inu enthusiasts!



OKX Africa Expands Support for BONE Token

OKX Africa, a subsidiary of the Seychelles-based cryptocurrency exchange OKX, has recently included BONE in its On-chain Earn program. Lucie, a member of the Shiba Inu team, highlighted this positive development on X.

OKX On-chain Earn provides users with avenues to participate in on-chain earnings. Users can earn incentives through proof-of-stake (PoS) and DeFi protocols.

In PoS staking, users receive rewards from block rewards and transaction fees generated by validators on the blockchain network.

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DeFi protocols offer incentives to users for staking or providing liquidity to lending pools or decentralized exchanges.

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BONE Token and Recent Developments

BONE serves as the gas token for Shibarium and has recently garnered new exchange listings. EarnBIT, a new cryptocurrency exchange, announced the listing of BONE in January.

Shibarium, the ecosystem associated with Shiba Inu, has seen significant growth, surpassing 332 million in total transactions, with total blocks nearing 3 million. As of the latest update, BONE showed a slight increase of 0.35% in the last 24 hours, reaching $0.547.

Warning: Rise in Fake Accounts Targeting SHIB, BONE, and LEASH Holders

As the Shiba Inu and Shibarium ecosystems continue to gain traction, holders of SHIB, BONE, and LEASH are cautioned to remain vigilant against the growing threat of fake accounts.

With the increasing popularity of Shiba Inu, scammers and bad actors have become more sophisticated in their attempts to deceive users. Some have gone to the extent of creating counterfeit accounts that closely resemble legitimate Shiba Inu profiles.

Shibarmy Scam Alerts, a dedicated X handle focused on exposing scams, has highlighted this concerning trend while flagging a fake Shiba Eternity account on X.

In response to these threats, the Shiba Inu community is strongly advised to exercise caution and verify sources before engaging with any content or individuals on social media. It is crucial to connect only with official channels and trusted representatives to avoid falling victim to scams.


Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

 

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  • Asad

    Asad is a dynamic and talented cryptocurrency content author who brings a wealth of knowledge and enthusiasm to every article. With a deep understanding of blockchain technology and a passion for digital assets, Asad's writing is both informative and engaging.

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