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

Bitpay, the crypto-payment firm has expanded its support for the meme currency shiba inu. Following Bitpay’s announcement, retail giant Newegg announced that it too has begun accepting SHIB for payments. AMC Theatres will also soon accept SHIB. A petition to Robinhood for listing shiba-inu crypto on their popular trading platform has received more than 545K signatories.

Bitpay Now Supports Shiba Inu – SHIB

Bitpay, a crypto payment provider, announced that it supports SHIB (the meme cryptocurrency) on Thursday.

“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.

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

Bitpay supports 13 different cryptocurrencies now that shiba Inu has been added. 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 that SHIB is now accepted for payments. AMC Theatres will follow.

Bitpay is accepting two large retailers, Newegg Theatres (AMC Theatres) and Shiba Inu at Bitpay.

“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.

Newegg, however, is not waiting. Soon after Bitpay’s SHIB announcement, Newegg tweeted that its platform now accepts SHIB for payments. Newegg can accept shiba Inu quickly because Bitpay is used to process cryptocurrency payments.

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

AMC Theaters CEO Adam Aron stated that SHIB is being accepted by his company in the first quarter next year.

Petition to Robinhood for SHIB Listing Now has Over 545K Backers petition has been signed to place the shiba-inu coin on Robinhood, a popular trading platform.545,661 signatures were available at the time this article was written.

Robinhood could be looking at 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.

More major cryptocurrency exchanges have begun to list shiba Inu. Bitstamp published SHIB Wednesday. SHIB support was also added by Gemini in November by Kraken and Gemini. Additionally, Travala, a cryptocurrency-friendly travel site started accepting payment in Shiba Inu on this week.

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How do you feel about Bitpay providing support to shiba Inu owners? Is Robinhood likely to list SHIB in the near future? Please leave your thoughts in the comment section.

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