The integration of SHIB support for Polygon and Binance Smart Chain (BSC) by Lithuanian fintech business CoinGate is an interesting step that might lead to the widespread use of SHIB payments in regular transactions.
This action not only strengthens SHIB’s standing in the market but also expands its usefulness by giving SHIB holders access to well-known companies like Airbnb and Nike.
A cryptocurrency payment gateway called CoinGate acts as a link between regular companies and cryptocurrencies, allowing retailers to take digital assets as payment for products and services.
CoinGate has made SHIB more accessible and has opened up more avenues for SHIB holders to transact in the real world by integrating support for SHIB on Polygon and Binance Smart Chain.
https://x.com/CoinGatecom/status/1788932273435255295
The SHIB support for Binance Smart Chain and Polygon has been implemented. CoinGate tweeted, “Shibarmy, use your SHIB to book Airbnb, grab the newest games from Steam & PS5, update your wardrobe with Nike & Zalando, and more.”
With Airbnb, Nike, Zalando, Steam, and the PS5 now accessible, SHIB holders may take advantage of their holdings to make hotel reservations, buy clothes, get the newest games, and enjoy a wide range of products from these multinational behemoths.
This integration demonstrates SHIB’s adaptability as a means of exchange beyond speculative trading, while also highlighting the increasing acceptability of cryptocurrencies.
The choice to continue supporting SHIB on Binance Smart Chain and Polygon is important since it increases SHIB’s visibility. Polygon’s minimal costs create the perfect setting for SHIB payments, improving user experience and reducing transactional friction. Comparably, the strong infrastructure and thriving ecosystem of Binance Smart Chain increase SHIB’s accessibility, enhancing its usefulness and attracting a wide variety of users.
