CoinGate integrates the Shiba Inu token into its services

CryptoMode CoinGate Shiba Inu

Shiba Inu (SHIB) has been integrated as CoinGate’s newest cryptocurrency, meaning that every CoinGate user, from merchants to traders or Gift Card shoppers, can now accept, buy, trade, or spend SHIB on the things they want.

Anyone who owns SHIB, will have wider possibilities to spend it and those who want to own this cute meme-coin, will be able to buy it with a 1% rate. 

What does it mean for Shiba Inu community?

First, SHIB’s integration to the CoinGate services might cheer up the already-hyped Shiba Inu community, because now more than 500 CoinGate merchants can accept Shiba Inu payments from their shoppers.

Secondly, Shiba’s integration into our trading system allows you to buy SHIB with 1%

Lastly, with the Shiba Inu token integrated into our gift card store, CoinGate becomes one of the few crypto gift card providers, that allows purchasing everyday-life necessities in bitcoin gift cards with this altcoin.

Dmitrijus Borisenka, CEO of CoinGate, commented on SHIBA INUs integration to CoinGate

“ Every crypto deserve it’s change to become a paying currency, therefore integrating Shiba Inu is a fascinating step for our community, Shiba Inu and Dogecoin have been the most popular meme coins of 2021. They both have huge support from the community, which is built around the tokens, and they both gained their popularity from the hyped-up social media posts. Oh, also, they’re the same breed of dog”

What is Shiba Inu?

Shiba Inu (SHIB) is an Ethereum-based altcoin with a proof-of-stake mechanism. Fungible tokens like Shiba Inu are ERC-20 tokens, powered by Ethereum, therefore this tokens’ ecosystem supports projects, such as the NFT art incubator and the development of a decentralized exchange called Shibaswap.

Shibas’ Inu WoofPaper (a.k.a. White paper) starts with a simple question: What would happen if a cryptocurrency project was 100% run by its community? And we can all witness the answer to this question by following SHIB’s existence.

Shiba Inu is the second most known meme coin and is usually considered as an alternative to Dogecoin. In fact, it is also known as the “Dogecoin killer”.

About CoinGate

CoinGate is an award-winning payment processor for companies that want to accept Bitcoin and other cryptocurrencies as payment methods. Apart from crypto payment processing, CoinGate offers users to buy and sell cryptocurrency, as well as buy more than 1000 gift cards from their platform.

Looking to advertise?
We will gladly help spread the word about your project, company, or service.
CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio.
Contact us if you have any questions: [email protected]

Leave a Reply

Your email address will not be published. Required fields are marked *

Cryptocurrency

BTC ‘likely’ to repeat Q4 2020 move — 5 things to watch in Bitcoin this week

© Reuters. Bitcoin (BTC) starts a new week facing multiple hurdles but with strong internal support — can old resistance below $50,000 finally fall? A correction event now almost in its third month is frustrating many, but conditions may soon be right for a fresh charge against opportunistic bears, an increasing number of analysts are […]

Read More
Cryptocurrency

Pakistani Bank Alfalah Warns Customers Against Crypto

Pakistani Bank Alfalah Warns Customers Against Crypto Pakistan-based Bank Alfalah urged its customers to stop using cryptocurrency. The action came soon after the country’s central bank submitted a report to the Sindh High Court pushing for a complete ban of cryptocurrencies. Multiple banks have blocked customers’ credit cards suspected of using cryptocurrency. Pakistan-based Bank Alfalah […]

Read More
Cryptocurrency

70% of Jamaica population to adopt CBDC in 5 years, prime minister says

Central bank digital currency (CBDC) evolved into a hot topic in Jamaica when the country’s central bank successfully completed the first pilot test in early January. Following the tests, the country\’s prime minister, Andrew Holness, spoke confidently about CBDC adoption in the country. Continue Reading on Coin Telegraph

Read More