Mon, December 23

Cheers for SHIB Owners: Flexa Accepts SHIB as Payment

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  • There’s a good possibility Robinhood will soon include Shiba Inu.
  • Flexa’s SPEDN app users will now be able to pay with their SHIB tokens.

Flexa Network announced that it would promote the SHIB token, the native cryptocurrency of the Shiba Inu breed. Thus, according to the company, SHIB will be accepted at over 40,000 merchants, making it the most popular payment method.

In addition to GameStop and Lowe’s, Flexa has announced that its SPEDN app users will be able to use their SHIB tokens to pay at a number of partner retailers. In 2019, Flexa, a payments network, partnered with Gemini, one of the most well-known cryptocurrency exchanges in the United States.

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SHIB token can now be used to make fast and secure payments anywhere Flexa is accepted, including more than 40,000 venues across the United States. The news also came only a few days after cryptocurrency exchange Kraken announced that it would be supporting the coin.

There’s a good possibility Robinhood will soon include Shiba Inu in its trading platform. Sure, Robinhood management is cautiously introducing additional digital currency. But Shiba Inu are gaining popularity.

Shibarium, a layer-2 blockchain initiative, will debut in 2022 to reduce Shiba Inu transaction costs. A rise in the usage of the decentralized exchange ShibaSwap may further lengthen typical holding durations for SHIB. If so, Shiba Inu might become a top cryptocurrency that isn’t going anywhere.

According to CoinMarketCap, the SHIBA INU price today is $0.000037 USD with a 24-hour trading volume of $1,230,958,440 USD. SHIBA INU is up 7.95% in the last 24 hours. 

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.

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