Bitpay Adds Shiba Inu Crypto as Petition to List SHIB on Robinhood Exceeds 545K Signers – Altcoins Bitcoin News

Bitcoin.com

Crypto payment firm Bitpay has added support for the meme cryptocurrency shiba inu. Following Bitpay’s announcement, retail giant Newegg announced that it too has begun accepting SHIB for payments. AMC Theatres is also expected to begin accepting SHIB soon. Meanwhile, a petition for the popular trading platform Robinhood to list shiba inu crypto has garnered more than 545K signatures.

Bitpay Now Supports Shiba Inu (SHIB)

Crypto payment service provider Bitpay announced Thursday that it now supports the meme cryptocurrency shiba inu (SHIB).

“Attention Shibarmy,” the company wrote, confirming that shiba inu coins are now available at Bitpay. “Now you can buy, store, swap, and spend with this Ethereum ERC-20 token directly in the Bitpay app,” the platform detailed. “Consumers can now pay and merchants can immediately accept shiba inu (SHIB) for payments,” the official Twitter account for Bitpay tweeted.

How To Get Free Crypto  

With the addition of shiba inu, Bitpay now supports 13 cryptocurrencies, including XRP. 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.”

Newegg Announces SHIB Now Accepted for Payments, AMC Theatres to Follow

Two major retailers have been preparing to accept shiba inu through Bitpay: Newegg and AMC Theatres.

“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.

However, the retail giant Newegg is not waiting. Soon after Bitpay’s SHIB announcement, Newegg tweeted that its platform now accepts SHIB for payments. Newegg is able to accept shiba inu fast because it already uses Bitpay to process cryptocurrency payments.

Coinbase Banner  

As for AMC Theaters, CEO Adam Aron previously said that his company is expected to accept SHIB in the first quarter of next year.

Petition for Trading Platform Robinhood to List SHIB Now Has Over 545K Supporters

A petition on Change.org to list the shiba inu coin on the popular trading platform Robinhood has garnered 545,661 signatures at the time of writing.

There are rumors that Robinhood is considering listing SHIB. 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. “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.

Meanwhile, more major cryptocurrency exchanges are listing shiba inu. Bitstamp listed SHIB Wednesday. Kraken and Gemini added support for SHIB in November. In addition, a crypto-friendly travel website Travala began accepting shiba inu for payments this week.

FreeBitcoin Banner  
Tags in this story
amc theatres shib, amc theatres shiba inu, BitPay, bitpay shib, bitpay shiba inu, newegg bitpay shib, newegg shib, newegg shiba inu, Robinhood, robinhood shib, robinhood shiba inu, robinhood trading platform, shib, shiba inu

What do you think about Bitpay adding support for shiba inu? Do you think Robinhood will list SHIB soon? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Read disclaimer

Go to Source
Author: Kevin Helms


Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.