Leading E-gift cards platform GiftChill has announced its acceptance of Shiba Inu payments. According to the announcement, GiftChill decided to add SHIB payments for their low transaction fees.
Despite its recent market hit, SHIB seems to have established a name for itself as far as digital payments options are concerned. E-gift cards online shop GiftChill may not be Robinhood, the targeted platform Shiba Inu fans want to see their meme coin on, but it is a step in the right direction.
Low Transaction Fees for Shiba Inu Payments
E-gift card platform GiftChill had already added payments in Shiba Inu’s rival Dogecoin also based on the Ethereum platform. The use of an Ethereum-based altcoin allows users to stake tokens and trade without the need of a middleman. The impending launch of Ethereum 2.0 promises to reduce transaction costs even further. E-gift cards online shop GiftChill anticipates that such an advantage would lure more buyers into the platform.
Shiba Inu has earned itself as one of the most notable digital assets of the Ethereum blockchain. Last month, SHIB surpassed its rival Dogecoin in the rank of market capitalization and took the position of the leading meme coin.
The market speculations on Shiba Inu predict more use of the meme token in the coming days. The addition of Dogecoin payments saw a remarkable rise in sales of GiftChill E-gift cards. GiftChill Shiba Inu paymenys has decided to take advantage of this niche and add SHIB payments hoping for a more increase in sales.
GiftChill Shiba Inu Payments to Facilitate International Transfers
Another anticipated outcome is a significant increase in international transfers. Shiba Inu and any other cryptocurrencies are known to surpass the restrictions of geographical borders, unlike traditional currency. Currently, E-gift cards online shop GiftChill conducts international transactions through banks. The system is relatively slow and involves a matter of seconds.
GiftChill Shiba Inu payments, on the other hand, will be completed in a matter of seconds. Adding the no middle-man feature will be a huge upgrade for the platform.
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