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Shiba Inu

Shiba Inu now supported by CoinGate

Prominent crypto payment services provider CoinGate has integrated support for Shiba Inu (SHIB).

As part of the integration, Shiba Inu holders, popularly referred to as “ShibArmy,” and prospective buyers can now purchase the meme coin on its trading platform at a 1% rate.

“It is our greatest joy to announce that Shiba Inu (SHIB) has been integrated as our newest cryptocurrency!” The Lithuania-based fintech firm said in a blog post on Wednesday.

RELATED: Prominent Indian Crypto firm CoinDCX Lists Shiba Inu on Trading App

NEWSBSC Shiba Inu

Going forward, the over 500 CoinGate merchant partners can now accept Shiba Inu from their customers as a means of payment. CoinGate will also list the token on its crypto gift card store.

“Every CoinGate user, from merchants to traders or Gift Card shoppers, can now accept, buy, trade, or spend this sky-rocking meme coin on the things they want,” CoinGate added.

Shiba Inu has been the best performing meme coin of 2021, earning the nickname “Doge Killer.”

Earlier this month, Binance launched the Shiba Inu and Dogecoin trading pair, becoming the first mainstream crypto exchange offering a trading pair of two meme coins.

NEXT: US Infrastructure Bill with Crypto Broker documentation clause gets Presidential approval

About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

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