Crypto adoption is on the rise as many retailers, states, and countries have adopted crypto in the past and continue to do so in the future as well. Many online retailers have also incorporated crypto as a mode of payment to ease their users into making payments with the crypto they have. Newegg is the latest in line to adopt Shiba Inu for the sake of making payments easier to the users during the holiday season.
There exists this great barrier when it comes to choosing a specific cryptocurrency because not everyone is at home with Bitcoin or ether for that matter, and therefore they are either accepting the most hit crypto at the moment, such as Shiba Inu, or it was Dogecoin a while back. Newegg already supports integration for Bitcoin and Dogecoin, and now it is going to do the same with Shiba Inu. The online electronics retailer store announced recently that it would be accepting Shiba Inu as a part of its holiday promotion because at the moment, there are various active investors with Shiba Inu, and it would be a loss if Newegg didn’t integrate the most popular cryptocurrencies of the time.
The integration would start accepting crypto, and people would be able to pay for whatever they buy from Newegg through either Bitcoin, Dogecoin, or Shiba Inu. Newegg has formulated a partnership with the crypto payment platform known as BitPay. A statement was also released when asked why Newegg chose BitPay over many other conventional crypto exchanges and payment processors.
The statement highlighted the fact that Newegg is more at home going into partnership with BitPay because they can move quickly and offer worldwide flexible payment options to the users in a competitive market. It was also said that Newegg is excited about integrating Shiba Inu for the holidays, and if the rollout is successful, then they will think about making it a permanent addition to other payment methods such as Bitcoin and Dogecoin, which the company has already integrated.