Meanwhile, more major cryptocurrency exchanges are listing shiba inu. “Our strategy is a little bit different than a lot of other players out there who are just racing the list as many assets as possible right now,” she stressed. However, the platform has not made an announcement regarding shiba inu and the company’s chief operating officer said in November that the platform is in no hurry to add another crypto. There are rumors that Robinhood is considering listing SHIB. Petition for Trading Platform Robinhood to List SHIB Now Has Over 545K SupportersĪ petition on to list the shiba inu coin on the popular trading platform Robinhood has garnered 545,661 signatures at the time of writing. Newegg is able to accept shiba inu fast because it already uses Bitpay to process cryptocurrency payments.Īs for AMC Theaters, CEO Adam Aron previously said that his company is expected to accept SHIB in the first quarter of next year. Soon after Bitpay’s SHIB announcement, Newegg tweeted that its platform now accepts SHIB for payments. However, the retail giant Newegg is not waiting. “Newegg and AMC Theaters have announced that they will be accepting shiba inu as a form of payment using Bitpay in the upcoming months,” Bitpay’s Thursday announcement notes. Two major retailers have been preparing to accept shiba inu through Bitpay: Newegg and AMC Theatres. Newegg Announces SHIB Now Accepted for Payments, AMC Theatres to Follow However, its website details that the cryptos that can be used to pay a Bitpay invoice are “bitcoin ( BTC ), bitcoin cash ( BCH ), ethereum ( ETH ), wrapped bitcoin (WBTC), dogecoin (DOGE), litecoin ( LTC ), shiba inu coin (SHIB), and 5 USD-pegged stablecoins (GUSD, USDC, USDP, DAI, and BUSD).” Bitpay stressed, “We only accept ERC-20 coins on the ETH network.” With the addition of shiba inu, Bitpay now supports 13 cryptocurrencies, including XRP. “Consumers can now pay and merchants can immediately accept shiba inu (SHIB) for payments,” the official Twitter account for Bitpay tweeted. “Now you can buy, store, swap, and spend with this Ethereum ERC-20 token directly in the Bitpay app,” the platform detailed. “Attention Shibarmy,” the company wrote, confirming that shiba inu coins are now available at Bitpay. Meanwhile, a petition for the popular trading platform Robinhood to list shiba inu crypto has garnered more than 545K signatures.Ĭrypto payment service provider Bitpay announced Thursday that it now supports the meme cryptocurrency shiba inu (SHIB). AMC Theatres is also expected to begin accepting SHIB soon. Following Bitpay’s announcement, retail giant Newegg announced that it too has begun accepting SHIB for payments. Shiba Inu received a ton of attention after the long-awaited listing on the Robinhood trading platform earlier in April and is trading at $0.0000245 at the time of publication.Crypto payment firm Bitpay has added support for the meme cryptocurrency shiba inu. Other cryptocurrencies, such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), DogeCoin (DOGE), Litecoin (LTC), Wrapped Bitcoin (WBTC) and USD-pegged stablecoins (BUSD, DAI, GUSD, USDC and USDP) are also supported via Bitpay.Īs previously covered by U.Today, Porsche Towson, Baltimore's only exclusive Porsche center, has partnered with cryptocurrency payment processor BitPay to accept digital assets, Shiba Inu inclusive. SlingTV, American Cancer Society, Newegg, Menufy, Carolina Hurricanes and Twitch are among the major companies accepting SHIB via BitPay at the moment. Since its debut, Bitpay has processed over $5 billion in payments for tens of thousands of businesses all around the world.īitPay officially began supporting the Shiba Inu coin in late 2021, which allowed for spending SHIB at hundreds of BitPay merchants where Shiba Inu is accepted. BitPay's Payment Protocol is also automatically enabled for in-store and online purchases at Verifone's 600,000 merchants, with a footprint of 35 million devices.īusinesses may now accept cryptocurrency through BitPay and receive payments from over 200 million cryptocurrency users. In addition to the new partners, the BitPay Protocol has already been adopted by Blockchain Wallet, the world's largest self-custody wallet. Crypto payments processor BitPay has announced two new exchanges, and two new wallets are adopting its accurate payment protocol, including top crypto providers Bitso, Bitstamp, Edge and Guarda.īitso and Bitstamp, two leading cryptocurrency exchanges established in Mexico and Luxembourg, respectively, each have more than four million customers globally. Shiba Inu payments might expand to millions of users globally as BitPay adds four new partners.
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