Shiba Inu Gears Up for Merchant Adoption Boost After CoinGate Integration
Lithuania-based crypto payment processor CoinGate has added support for Dogecoin rival Shiba Inu, the company announced on Wednesday.
Founded in 2014, just after cryptocurrencies first entered mainstream consciousness, CoinGate remains one of the most important crypto companies in the Baltic region. It currently supports over 500 merchants, focusing on small and medium-sized businesses.
Besides processing payments, CoinGate also allows you to buy and sell cryptocurrencies. Users can buy Shiba Inu with a 1% fee.
In addition, it is also possible to purchase gift cards with a slew of cryptocurrencies.
The company has a team of 50 after experiencing significant growth due to the ongoing bull run.
As reported by U.Today, ZenGo, a Samsung-invested cryptocurrency wallet, added Shiba Inu on Tuesday.
