On October 19, Shiba Inu (SHIB) trading against the euro revealed significant differences in bid-ask spreads across exchanges, with Kraken and Bit2Me showing tight spreads around 0.022%, while WhiteBIT had a much wider spread of 0.670%. This large variation means traders using the same currency pair could face very different costs depending on the exchange. SHIB euro pairs accounted for a small portion of total SHIB trading volume, with Tether pairs dominating. The data highlights the importance of exchange choice for traders due to liquidity and pricing differences, though spreads and turnover reflect different aspects of market activity.
Shiba Inu (SHIB) euro pairs show a wide spread gap across venues, contrasting Kraken and Bit2Me's tight spreads near 0.022% with WhiteBIT's much wider 0.670%. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Oct 20, 2026 08:21 WIB: among 50 major cryptocurrencies, 16 rose and 33 fell. Notable movers include CRV at Rp6.589 (+2.38%) with 99% sell orders, XNO at Rp6.016 (-2.24%) with balanced buy-sell activity, and ALGO at Rp1.970 (-2.18%) with predominantly sell orders and the longest typical hold time of 130 days on Pluang.
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