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Binance US Adds Shiba Inu, Doge, And Floki Gifting Options

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Binance.US, a leading cryptocurrency exchange in the United States, has announced the launch of a new feature that allows users to gift a wide range of cryptocurrencies, including Shiba Inu (SHIB), Dogecoin (DOGE), and Floki Inu (FLOKI). The innovative feature, known as Crypto Box, offers users the chance to surprise their people with the gift of digital assets, without incurring any transaction fees.

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About Crypto Box Feature

The introduction of the Crypto Box feature is significant for several reasons. Firstly, it highlights the growing interest in digital assets among the wider population and the potential for cryptocurrencies to be used as a means of gifting.

Secondly, it offers an easy way for users to introduce their family and friends to the world of cryptocurrencies, without having to go through the hassle of setting up an account on an exchange.

Users can choose the cryptocurrency they wish to gift and the amount they want to send, and then enter the recipient’s email address with a personalized message. Once the recipient receives the gift, they can redeem it by setting up an account on Binance.US and claiming their digital assets.

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Binance.US Latest Moves

The Crypto Box feature is the latest move by Binance.US to cater to the growing interest in dog-themed cryptocurrencies. The exchange recently introduced a dollar-cost averaging (DCA) feature for SHIB, allowing investors to purchase digital assets on a predetermined schedule of their preference.

LunarCrush, a leading trading platform, has also added support for SHIB, enabling users to easily swap the digital asset with over 1400 other cryptocurrencies on the platform.

At the same time, Nuxgame, a leading iGaming software provider, has partnered with CoinPayments, to accept payments in Shiba Inu despite bearish market.

 

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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