Shiba Inu Coin is one of the most popular cryptocurrencies in the market. As a meme token, the acceptance rate of SHIB is extremely high. After getting the best performer tag in 2021, Shiba Inu Coin is rising as a community-driven meme token. Many meme enthusiasts can be curious to know if there are businesses or companies that accept SHIB tokens as a payment.
Usually, meme tokens are considered a risky investment due to their volatile nature. However, the use of meme tokens is increasing day by day. Today, meme tokens are not just trading assets but they are evolving as a payment system. Many businesses are cashing out the popularity of the meme tokens by launching new initiaves. Here we have prepared a list of companies that accept SHIB tokens as payment.
Companies that accept SHIB as Payment
BOTS, Inc.
NowPayment
AMC Entertainment
Newegg
Travala
Twitch
Hostkey
Rock’N’Block
CoinHost
StealthEx
KingoFood
Coingate
The acceptance of SHIB as payments completely depends on the subject of the market. Some companies often accept and sometimes they remove the tokens from their payments list. As per our findings, there are at least 10 Companies that currently accept Shiba Inu Coin (SHIB) as Payment.
1. BOTS, Inc.
According to the reports, BOTS, Inc. is the first public company that accepts Shiba Inu Coin as payment. BOTS, Inc. is a global technology conglomerate that provides Blockchain-based solutions. Including decentralized finance applications, cybersecurity, crypto generation, mining equipment repairs, and warranties.
2. NowPayment
Payment gateway platforms NowPayments support SHIB, alongside other cryptocurrencies. According to its website, NowPayments is a crypto payment gateway that accepts Shiba Inu payments and donations in an easy and convenient way. However, there are 100+ cryptocurrencies supported by this platform along with SHIB.
3. AMC Entertainment
AMC Entertainment, the largest movie theater chain in the USA announced that it will start accepting Shiba Inu Coin for online payments. Company CEO Adam Aron told that payment company Bitpay had agreed to support SHIB for purchases of movie tickets and concessions. Aron recently ran a Twitter poll asking if the company should accept SHIB as payment – 81% voted “yes”.
4. Newegg
NASDAQ-listed company Newegg said officially on a grand scale that it will accept SHIB Coin with a massive digital out-of-home (DOOH) campaign displayed on The Reef, North America’s largest DOOH billboard. Newegg Commerce, Inc. is a leading tech-focused North American e-retailer, has announced that it will accept Shiba Inu coin as payment on its platform in time for the holidays.
5. Travala
Famous Travel website ‘Travala announced’ that Shiba Inu crypto has been added to its website as a payment method. The official account for the company tweeted congratulating Shiba Inu supporters for winning the token battle it set up a few days ago, adding that SHIB is now listed as a payment.
6. Twitch
Twitch is the world’s most popular video streaming platform. With a wide range of the community, Twitch is primarily popular for gaming streaming. Twitch accepts payments in multiple cryptocurrencies, including SHIB. Now you can support your favorite streamers on Twitch with the Shiba Inu Coin.
7. Hostkey
The Netherlands-based Hostkey offers a wide range of dedicated servers from entry-level up to high-performance GPU servers and private cloud solutions. Hostkey accepts payments in cryptocurrencies, including Shiba Inu Coin. If you have a plan to buy dedicated server hosting or private web hosting services, you can pay Hostkey with your SHIB tokens.
Some more Companies that accept SHIB as Payment:
Rock’N’Block
CoinHost
StealthEx
KingoFood
Coingate
Does Amazon accept SHIB as Payment?
There are rumors on social media that Amazon is planning to accept four popular cryptocurrencies such as Shiba Inu, Matic, HOKK, and AMP as payment on their E-commerce platform.
The Amazon-SHIB rumor started with Stock and crypto analyst Del Crxpto’s tweet. According to Del, Amazon is in line with considering Shiba Inu and the other 3 coins as a form of payment in 2022.
As per the information gathered from the IBTimes, Amazon CEO Jeff Bezos has reportedly directed the company to accept some popular cryptos as payment by 2022. Seems SHIB holders are accepting the same attention from Bezos as Dogecoin holders received from Elon Musk.
Recently SHIB Coin also got listed by the Robinhood trading platform. In the upcoming months, many more Companies can start to accept Shiba Inu as Payment. The biggest supporter of the SHIB coin is the SHIB Army. The Shib army has also started an online petition addressing Jeff Bezos to accept SHIB as a payment method.
*Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
