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

News Feed - 2021-12-10 11:12:45

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


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.



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.



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. 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. Crypto Exchange Bitstamp Lists Shiba Inu as SHIB Adoption Grows ALTCOINS | 1 day ago $11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells ALTCOINS | 2 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleFinancial Adviser Warns Crypto Is ‘One of the Biggest Bubbles Ever’ — Says ‘It’s Going to Be Ugly’ Next articleMicrostrategy Buys More Bitcoin, Now Holds 122,478 BTC — CEO Says Bitcoin Is Taking Gold’s Place 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 disclaimerShow comments More Popular NewsIn Case You Missed ItAnnual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds


With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the ... read more.El Salvador Buys 100 More Bitcoins Amid Crypto Sell-Offs and New Covid-19 Variant Scare "We’ve All Decided Centralized Banking Is Rigged" — South Park Episode Features a Bitcoin-Only Future Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin Nigerian Artist Davido Launches Fan Token That Gives "Power Back to the Fans"

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