CoinGate, a Lithuania-based crypto payment processor, recently revealed that it now supports Dogecoin’s rival Shiba Inu.
CoinGate is one of the most notable crypto enterprises in the Baltic area, having been founded in 2014, just after cryptocurrencies entered the general consciousness for the first time. It now serves over 500 merchants, with a concentration on small and medium-sized enterprises.
CoinGate allows you to purchase and sell cryptocurrencies in addition to processing payments.
Shiba Inu may be purchased for a 1% charge. Additionally, a variety of cryptocurrencies may be used to purchase gift cards.
After enjoying tremendous expansion as a result of the continued bull market, the firm now employs 50 people. At the reporting time, Shiba Inu (SHIB), is presently trading at a price of around $0.00004345 USD, down over 9% for the day.
Shiba Inu Price Chart – Source: CoinMarketCap