Cryptocurrency

Shiba Inu (SHIB) Can Now Be Spent Instantly With Gift Cards at “Best Buy”

BitPay, the leading crypto payment processor, has announced that holders of Shiba Inu (SHIB) and other crypto assets listed on the payment processing platform can now spend their assets with Gift Cards at “Best Buy”, an American multinational consumer electronics retailer.

According to the report shared by BitPay on its official Twitter handle, customers can now shop and pay for electronic devices at Best Buy using gift cards.

Read Also: Shiba Inu Lead Developer’s Response to a User Who Wants SHIB Price to Go Up

The payment processor added that the new development will make payments in various digital currencies, including Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Litecoin (LTC), and others, seamless.

BitPay announced, “Now available! Spend your crypto at Best Buy with a gift card instantly. Best Buy gift cards now available – spend BTC, ETH, LTC and more easily.”

About Best Buy

Best Buy is a consumer electronics retailer with operators in the United States, Mexico, and Canada. The company sells a wide range of items, including mobile phones, digital cameras, video games, and music, as well as home appliances, such as washing machines and refrigerators.

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As shared by Fortune, Best Buy has both physical and online stores. It also provides repair services for computers and other devices at stores via its Geek Squad brand.

The company also has a huge social media presence with over 1.2 million followers on Twitter alone. This implies that the incorporation of digital assets, such as Shiba Inu (SHIB), will boost the global awareness of cryptocurrency as more people are now open to knowing more about the new asset class via Best Buy gift cards.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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