Advertisement
AD

Main navigation

SHIB Wrapped on BNB Chain Can Now Be Used for Payments via This Company: Report

Advertisement
Tue, 31/05/2022 - 12:54
SHIB Wrapped on BNB Chain Can Now Be Used for Payments via This Company: Report
Cover image via unsplash.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

In a recent blog post, NOWPayments has spread the word that it is now helping businesses to accept SHIB wrapped on the BNB Chain (formerly, Binance Smart Chain, BSC) with fees lower and speeds higher than Ethereum. This makes SHIB BSC a cheaper alternative to the original Shiba Inu token.

Advertisement

NOWPayments is now enabling businesses to set up a payment gateway for SHIB BSC.

However, the company warns that SHIB BSC being less popular than the original SHIB meme coin can raise certain difficulties for businesses, which are, however, quite solvable.

The first one is that SHIB BSC is traded not on as many exchanges as Ethereum-based Shiba Inu. However, NOWPayments offers ways to directly convert SHIBSC into fiat - via NOWPayments, for example.

Besides, installing plugins that are compatible with Shopify, WooCommerce, Zen Cart, etc., will allow receiving payments in wrapped SHIB directly.

As for charities and crypto bloggers, they can add donation widgets to their websites or otherwise buttons or links to accept donations in wrapped Shiba Inu.

Related
Mirror Protocol Being Attacked as $2 Million Already Drained by Hacker

Recently, U.Today reported that NOWPayments had announced a brand new partnership with Switchere, a service that helps businesses and merchants accept and withdraw cryptocurrencies.

Thanks to this partnership, numerous companies in the sphere of e-commerce, gambling and mass retail shopping can start accepting the meme coin loved by a large number of crypto users. Buyers will be spending their crypto, while sellers will receive fiat immediately.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles