Crypto payment platform CoinGate integrates Shiba (SHIB) token
CoinGate, a crypto payment service platform, has announced that Shiba Inu (SHIB) has now been integrated as its newest cryptocurrency. Every CoinGate user, from merchants to traders or purchasers of crypto, can now accep...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
CoinGate, a crypto payment service platform, has announced that Shiba Inu (SHIB) has now been integrated as its newest cryptocurrency. Every CoinGate user, from merchants to traders or purchasers of crypto, can now accept, trade, buy, and spend the meme coin.
Firstly, SHIB token’s integration into CoinGate services means that more than 500 CoinGate merchants can accept Shiba (SHIB) payments from their shoppers. Secondly, Shiba’s integration into CoinGate’s trading system allows users to buy SHIB at a 1% rate.
Lastly, with the Shiba (SHIB) token integrated into GoinGate’s gift card store, CoinGate becomes one of the few crypto gift card portals, who allows purchasing everyday items directly with this altcoin.
What is Shiba Inu?Shiba Inu (SHIB) is an Ethereum-based ERC-20 altcoin. The Shiba Inu token ecosystem supports projects including an NFT art incubator and the development of a decentralized exchange called Shibaswap. Shibas’ Inu WoofPaper (a.k.a. Whitepaper) starts with a simple question: What would happen if a cryptocurrency project was 100% run by its community?
The post Crypto payment platform CoinGate integrates Shiba (SHIB) token appeared first on CryptoNinjas.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoNinjasRelated market context
StablecoinX shares go tokenized on Binance’s bStocks platform
Tokenized trading on bStocks enhances market accessibility but raises concerns about price alignment and interconnected financial...
OKX Eyes 63 U.S. Stocks in Major Tokenized Trading Expansion
Key Takeaways: OKXICE informed the SEC about its plan to establish an online platform called “Tokenized Securities Venue” that wou...
Cardano’s Programmable Token Standard Goes Live With Built-In KYC and Freeze Controls
The Cardano Foundation announced on Wednesday at TOKEN2049 that CIP-0113, Cardano’s programmable token standard, is live on Cardan...
Trust Wallet integrates MoonPay so US users can buy crypto without leaving the app
The integration enhances user convenience and self-custody appeal but raises concerns about dependency on a single provider's stab...
Coinbase Pro Returns With Deribit, Unlocking $30B Bitcoin Options Liquidity
Key Takeaways: Coinbase Pro returns with Spot, Futures, Perpetuals, Options, and Equities by the end of the year. Deribit is upgra...
OKX Secures Circle, Ripple and Standard Chartered Backing at $25B Valuation
Key Takeaways: OKX raised funding with Circle, Ripple, QRT, and SC Ventures with a valuation of $25B. The deal is a continuation o...