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?