Shiba Inu (SHIB), the hottest meme token in the market, has continued to gain popularity across the crypto industry and beyond since its rise into prominence in terms of value.
A lot of top crypto exchanges have incorporated the cryptocurrency on their trading platforms due to the vast increase in its user-base. Binance.US is the latest exchange to start allowing the direct purchase of SHIB tokens on its platform.
The new development was announced by Binance.US a couple of hours ago, via its official Twitter handle. According to the report, users on the exchange can now buy Shiba Inu (SHIB) directly with US Dollars (USD).
Binance.US tweeted, “SHIB is now available for purchase directly with USD on our Buy Crypto portal. Buy Crypto portal allows for easy one-time or reoccurring purchases.”
$SHIB is now available for purchase directly with $USD on our Buy Crypto portal. Buy Crypto portal allows for easy one-time or reoccurring purchases: https://t.co/5zoJl7AlYO pic.twitter.com/5mhhakbuIA
— Binance.US 🇺🇸 (@BinanceUS) November 20, 2021
Shiba Inu (SHIB) Rumored to Be Accepted by Electronics Retailer Newegg
A couple of hours ago, online electronics retailer, Newegg, ignited Shiba Inu (SHIB) acceptance rumor.
In a cryptic tweet posted by the company, it tagged lead developer Shytoshi Kusama and the official Twitter handle of the second-largest meme coin Shiba Inu (SHIB) in order to come for an undisclosed discussion.
Newegg tweeted, “Shytoshi Kusama @Shibtoken DM us. Got a question for ya.”
— Newegg (@Newegg) November 20, 2021
The Shiba Inu community immediately started to speculate that Newegg might add SHIB as a new payment option soonest.
Aside from Bitcoin (BTC) and Dogecoin (DOGE), the electronic retailer also accepts Bitcoin Cash (BCH), Ethereum (ETH), Wrapped BTC (WBTC), DAI, and four stablecoins such as Binance USD (BUSD), USD Coin (USDC), Gemini Dollar (GUSD), and PAX.