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Bitstamp, one of the leading European cryptocurrency exchanges recently acquired by American trading company Robinhood, has announced the listing of Bonk (BONK).
Customers of the crypto exchange can now trade BONK on Bitstamp, including through iOS and Android mobile apps available on the App Store and Google Play.
Bonk can now be traded on Bitstamp
According to a advertisement, Bitstamp has added support for two trading pairs for BONK: against USD and EUR. Both BONK/USD and BONK/EUR will be available for trading on the centralized exchange for its clients worldwide, except the US and Singapore.
Bonk is a meme coin that rose to prominence in 2023 and exploded when a new surge in meme coins pushed Solana up.
Although originally just another dog-themed memecoin, Bonk has steadily expanded its usefulness to include the integration of decentralized finance (DeFi). The project also integrates with cross-chain messaging protocols and nft marketplaces, among other cryptomarket ecosystems.
Popular exchanges that currently list BONK trading pairs include Binance, Coinbase, and OKX.
Bitstamp previewed a possible WIF list
Today's Bonk listing comes just one day after Bitstamp teased a possible listing of Dogwifhat (WIF), another popular Solana meme coin.
If Bitstamp lists WIF, it will join major crypto exchanges and trading platforms Binance, OKX, Bybit, and Kraken in listing the meme coin. Recent sentiment around WIF included a possible listing on Coinbase, the leading US-based crypto exchange. However, the crypto platform has yet to add trading support for the meme coin.
Amid today's news, both Dogwifhat and Bonk are trading slightly higher. At the time of writing, WIF was trading at $2.01, while BONK was trading at $0.00002131.
Robinhood to acquire Bitstamp
Bitstamp Bitstamp's strategic position as a highly regulated crypto platform in the European Union means that its key token listing is crucial to the underlying projects.
In 2024, Bitstamp is set to gain more traction with Robinhood's bid to acquire the exchange and the upcoming implementation of the EU's MiCA rules.
