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HomeCryptocurrencyShiba Inu (SHIB) Added on Binance Pay. Here's Why This is Crucial

Shiba Inu (SHIB) Added on Binance Pay. Here’s Why This is Crucial

A few months after Shiba Inu (SHIB) was added to the list of cryptocurrencies supported on the Binance Visa Card, the second-largest decentralized meme token has gained another major boost courtesy of a new Binance service integration.

Per a Tuesday announcement, Binance, the largest blockchain ecosystem and leading digital assets exchange, has shown support for Shiba Inu (SHIB) in a new way by supporting the token on one of its crypto payment services known as Binance Pay. 

Part of the update read, “Binance has added ALPINE, APE, BIDR, BNX, BSW, CAKE, COTI, GALA, HIGH, PORTO, SANTOS, SFP, SHIB, USDT, and XNO to the list of supported cryptocurrencies on Binance Pay.” 

Read Also: Elon Musk Let Buyers Pay for His New “Burnt Hair” Perfume with Shiba Inu (SHIB): Details

SHIB Now Available on Binance Pay

SHIB is now among the 70+ cryptocurrencies supported by Binance Pay. Therefore, users can now send, receive and make payments with Binance-powered crypto payment technology for supporting merchants using Shiba Inu (SHIB) and other supported cryptocurrencies. 

More so, businesses that are available on the Binance marketplace will now accept the decentralized meme token (SHIB) as a payment method. 

The Binance Pay service is a contactless, borderless, and secure cryptocurrency payment technology designed by CZ’s Binance to enhance crypto adoption. According to the top exchange, Binance Pay allows you to pay and get paid in crypto from your friends and family worldwide. 

Read Also: Two Anonymous Shiba Inu Whales Grab 7.3 Trillion SHIB As Price Trend Remains Bullish


Other cryptos supported on Binance Pay alongside the recent addition Shiba Inu (SHIB) include Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), VeChain (VET), XRP, and Dogecoin (DOGE).

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Ndianabasi Tom
Ndianabasi Tom
Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

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