Shiba Inu is now available on Netcoins
As stated in a statement, Shiba Inu is now available on Netcoins, an online cryptocurrency brokerage that makes it easy for Canadians to buy, sell and store cryptocurrency. Netcoins boasts of being the first public cryptocurrency trading platform in Canada to be fully regulated.
A subsidiary of BIGG Digital Assets Inc, Netcoins recently received approval for an update to its restricted dealer license, thus enabling a broader offering of coins on the platform. This saw the addition of five new coins on the platform, namely SHIB, DOGE, MATIC, FTM and MANA.
Along with the latest additions, the cryptocurrency brokerage also supports Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), XRP (XRP), and Stellar (XLM). Founded in 2014 and based in Canada, Netcoins currently supports users in Canada, but is currently planning an expansion into the United States.
Mark Binns, Netcoins CEO, stated that SHIB, DOGE, MATIC, FTM and MANA already accounted for 12% of daily revenue shortly after launch.
SHIB and LEASH burns
top fashion brand John Richmond is one step closer to SHIB adoption, introducing SHIB and LEASH burns for its online store. Here, 9% Shib and 1% leash will be burned for each purchase through NOWPayments.
In a March 26 tweet, it says, “More Partnershibs? Here we are coming in hot! We are proud to accept and burn SHIB and LEASH for our online shop at @Johmrichmond. 9% Shib & 1% Leash will be burned for every purchase through @NOWPayments_io.”
Along the same lines, three companies have joined the trend of burning SHIBs through NOWPayments. The aforementioned platform is currently testing a burning portal for SHIB and Doge Killer (LEASH). Italian burger chain Welly’s, fashion brand John Richmond and pizza chain Sorbillo will burn some of their SHIB profits through NOWPayments.
Recently, the @shibburn tracker has shared on its Twitter page that in the last 24 hours, there have been a total of 7,703,474 SHIB tokens burned in six transactions. Over the last seven days, there have been more than 2,604,802,620 SHIB tokens burned and 191 transactions.
