According to a recent statement<\/a> issued by BitTrade, one of Japan\u2019s leading cryptocurrency exchanges, the firm recently announced the beginning of regular recruitment for the lending of two cryptocurrencies as of today, November 21.<\/p>\n As per the statement, the firm plans to start regular recruitment for crypto assets for renting XRP and SHIB.<\/p>\n <\/p>\n The aforementioned decision is much eyed by Japan\u2019s crypto market enthusiasts as the crypto lending landscape within the nation would witness a significant jacking up, further fostering the development of the digital asset realm within Japan.<\/p>\n The statement released by BitTrade showcased data orbiting the lending of two cryptocurrencies<\/a>, XRP and SHIB.<\/p>\n The loan period for XRP, classified by BitTrade, stands at 90 days with an annual rate of 2%. Furthermore, the minimum application quantity set by the firm is 100 XRP, with the maximum being set at 500,000 XRP.<\/p>\n <\/p>\n The loan period of SHIB is also set at 90 days, with an annual rate of 2%. Additionally, the minimum application quantity for SHIB tokens is set at 10 million SHIB, and, the maximum number of applications is valued at 10 billion SHIB.<\/p>\n Apart from this, the rental fee rate for both the tokens, considering the respective rental periods, is valued at 0.49% approximately.<\/p>\n Besides this, users can apply after simulating the lending fee they receive via crypto asset lending simulators.<\/p>\n Also read: Tether\u2019s $1 Billion Deposit in UK Firm Sparks High Court Dispute<\/a><\/strong><\/p>\n <\/p>\n At the time of writing, the XRP price<\/a> noted a marginal fall of 2% over the past twenty-four hours, reaching $0.6114 today. Furthermore, the token witnessed a substantial decrease of 6.05% over the past week.<\/p>\n However, the twenty-four-hour trading volume witnessed a 5.80% upswing, evaluating $1.25 billion.<\/p>\n Interestingly, the price fall witnessed by XRP comes contrary to the surge in whale activities<\/a> orbiting the token.<\/p>\n While writing, the Shiba Inu price<\/a> witnessed a slight decrease of 3.83% over the past twenty-four hours, reaching $0.00000832 today. Subsequently, over the past week, the token noted a downfall of 1.17%.<\/p>\n However, the twenty-four-hour trading volume experienced a significant upsurge of 27.54%, reaching $144.60 million.<\/p>\n The aforementioned SHIB price slump also appears to come contrary to the Shiba community\u2019s constant efforts to jack up the SHIB tokenomics. As reported<\/a> by CoinGape media earlier, the Shiba Inu crypto community has been constantly burning SHIB tokens with hopes of reviving the cryptocurrency.<\/p>\nStock Recruitment Overview<\/h2>\n
XRP<\/h3>\n
SHIB<\/h3>\n
XRP and SHIB Price Report<\/h2>\n
XRP<\/h3>\n
SHIB<\/h3>\n
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