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Coinbase Commerce (Merchant Account) To Now Enable Businesses To Accept Shiba Inu As Payment

Published

2 years ago

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Coinbase Commerce Shiba INu
(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

What may have gone under the radar for some is that Coinbase Commerce is growing at a rapid pace with almost instant crypto transactions for many online and offline businesses. One of the updates they have made to their platform recently is that they now are accepting the Shiba Inu Token as a form of payment. Currently, they accept Bitcoin, Ethereum, DOGE, and others.

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According to the announcement on their blog, they are now offering no fees on instant payments. They are trying to reach out to more businesses to offer the easiest crypto transactions for any business interested in their platform. Many have been saying that Coinbase is close to losing its base but from our research, we can see they are just moving around the pieces to become the best platform for both consumers and merchants. For starters, one of the features they are testing is unlimited trading with no fees for just 29.95. This is great for day traders.

One of the largest targets seems to be those that use SHIB. We have seen the holders growing on DEX lately but what you may not know is the number of holders is guestimated to be in the 3-5 million range on central exchanges. The teams that are behind COINBASE are also seeing this as the recent inclusion of the Shiba Inu Token shows that is part of their overall future development.

Many things are coming from the Shiba Inu Ecosystem with the most prominent being the launch of Shibarium. People have been questioning when Shibarium will launch as there have been some delays but the truth is that the team of developers is working to ensure that the launch is 100% successful. Many other coins have rushed projects to only fail in the end and the brainpower behind Shib understands that a successful launch is crucial for all coins including SHIB, Bone, and Leash.

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We expect that in late Summer things will really start to heat up with SHIB and SHIBARIUM which could help launch the entire crypto market closer to a comeback and possible bull run.

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