Who Accepts SHIB as payment?

Top Companies Accepting SHIB Payments

Gucci

One of the most well-known luxury brands to ever accept cryptocurrency is Gucci. It also made headlines by partnering with virtual platforms to open a virtual store in the metaverse. Around 70% of its retail stores located in the US accept Shiba Inu coin for in-person transactions. Gucci is at the forefront of crypto, blockchain, and metaverse adoption.

NewEgg

Newegg, a reputed online store specializing in computer hardware and consumer goods, seems to be embracing the wave of cryptocurrencies as it has opened its door for SHIBA INU. So, with the store accepting the coin, SHIB holders can purchase a variety of items such as computer components, gaming accessories, household appliances, and more. 

GameStop

GameStop, a big player in the US retail market, also accepts Shiba Inu. The company started its operations in the 1980s turning out to be a one-stop location for video games, gaming consoles, and accessories. While previously the company was sticking to the traditional payment methods, it accepts Bitcoin, Ethereum, other low-cap token payments apart from Shiba Inu. GameStop partnered with Flexa to allow its customers to make SHIB payments. 

Twitch

Yes, even the world’s most popular video streaming platform, Twitch accepts Shiba Inu payments. Twitch viewers can now donate SHIB tokens to their favorite streamers, creating a new avenue for content makers to monetize their channels while interacting with their audience. Twitch also allows viewers to tip their favorite content creators using Bitcoin. 

Hostkey

Hostkey is a prominent hosting company that offers an array of hosting services such as dedicated servers, virtual private servers (VPS), cloud solutions, and more. Along with a bunch of other cryptocurrencies, the company also accepts Shiba Inu with open arms.

Crypto Emporium

Crypto Emporium is a luxury good and high-end product-focused online marketplace. It has a wide range of luxurious items for sale, including luxury watches, jewelry, gadgets, vehicles, and more. Customers can explore the platform’s goods and make purchases with their favorite cryptocurrencies, including Shiba Inu. 

Nordstrom

Nordstrom is a well-known retailer for both men and women. The company’s clothing line comprises both high-end and affordable brands. Nordstrom also has a large selection of shoes, accessories, and home products. Operating at over 350 locations in 40 states, Nordstrom has also taken a step toward the crypto world. The company now accepts Shiba Inu as a payment method. To use Shiba Inu at Nordstrom, users need to create a Flexa account.

David SW

David SW is a semi luxury watch brand that has stores across the globe. It also accepts Shiba Inu payments for buying high-end watches. Using your SHIB tokens, you can purchase fine timepieces online at affordable prices.

APMEX

APMEX is a previous metals dealer that allows customers to buy precious metals such as gold, silver, platinum, and other metals. The platform accepts Shiba Inu, Bitcoin, and other cryptocurrencies to purchase metals. It partnered with BitPay payment gateway to facilitate crypto transactions. A well-liked method of spending cryptocurrency gains and diversifying one’s portfolio is by purchasing gold.

Menufy

Menufy is an e-commerce service platform that accepts Shiba Inu for online food orders. It connected several restaurants in the US and allows customers to order food online from those restaurants and pay eith SHIB tokens. Menufy also accepts other cryptocurrencies such as Bitcoin, Dogecoin, Bitcoin Cash, Litecoin, Ripple, Ethereum, and stablecoins. Similar to other companies that accept Shiba Inu, Menufy also partnered with BitPay to facilitate crypto transactions.

AMC

AMC Theaters is one of the largest movie chains, having movie streaming theaters over 950 locations. It also started accepting SHIB tokens from 2022, apart from other best cyrptocurrencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Dogecoin. AMC also partnered with the popular crypto payment gateway, BitPay, to facilitate crypto transactions.

Jomashop

Jomashop is a seasoned retail and wholesale supplier of high-profile watches. Customers can get watches from top brands like Patek Philipe, Citizen, Breitling, Seiko, Tudor, Omega, Richard Mille, Hamilton, and other using SHIB payments. The platform also offers other accessories such as shoes, handbags, writing instruments, sunglasses and more.

Why are People Picking SHIB to Make Payments?

The advent of meme coin surprised many, but it stayed and climbed the ladder of popularity with time. These coins have now established themselves and are now hundreds in number. Dogecoin and Shiba Inu, however, have maintained their rank right at the top.

If talking about the similarities between Dogecoin and Shib Inu, it ends with the phrase- they both are afew of the top meme coins in the crypto world. Shiba Inu is an Ethereum based coin also called Dogekiller. The coin gained popularity after BitPay announced their support for the newest meme coin in the block back in 2021. The coin has escalated exponentially in no time. Now, there are numerous companies that allow their clients to pay them in SHIBs.

Benefits of Using Shiba Inu as Payment

Shib Inu is among the top cryptocurrencies of 2023. The anticipations of coin to touch Dogecoin in 2025 is ripe. The coin is being accepted at multiple places. The reasons behind accepting Shib payments are numerous. However, here are a few key factors that have the most influence.

• Speed: According to a survey, currency generation favors speed over any other factor. Shib Inu payments are not only quite hasty but also safe. The coin is gaining major popularity because of this. Simply put, the transaction that takes 10 minutes with BTC can be done in 15 seconds with SHIB.
• Privacy: Shiba Inu was Launched in 2021, and since then it has been unstoppable. The reasons behind such popularity could be many things, but above all, privacy. The traditional payments involved banks, which used to leave your information. That is not the case with Shib, which is the most popular cryptocurrency.
• Transaction Fees: Shiba Inu’s transaction fee is the lowest among the popular coin. It is an ERC-20 standard coin that uses Proof-of-Stake (PoS) maintaining the transaction fee as low as possible. According to the Shiba Inu team, gas prices on Shibarium (the upcoming blockchain network) will be comparable to those on the Polygon network, with an average transaction costing just $0.02, by the beginning of 2023.