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HomeCrypto NewsMarketArculus Developed By Nasdaq Listed Company Now Accepts Shiba Inu as Payment

Arculus Developed By Nasdaq Listed Company Now Accepts Shiba Inu as Payment


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Arculus Cold Storage Wallet can now be purchased with Shiba Inu (SHIB).

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Arculus, a Web3-enabled cold storage wallet, has joined forces with BitPay, the leading crypto payment gateway, to accept crypto as payment on its platform. This move will enable users to purchase Arculus cards with thirteen top cryptocurrencies, including Shiba Inu (SHIB) and Dogecoin (DOGE).

Arculus, developed by renowned fintech company CompoSecure (NASDAQ: CMPO), is a Web3-enabled cold storage wallet solution for securing crypto and NFTs. The Arculus Card and App enables users to buy, swap, send, and receive 66 different cryptocurrencies without incurring any fees for sending or receiving.

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It’s worth mentioning here that Arculus natively supports Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Ripple (XRP) blockchains, ensuring secure and efficient transactions.

Notable SHIB adopters because of Bitpay include Newegg, Nordstrom, GameStop, AMC, and Menufy. Many more are embracing it, and the list keeps growing.

The development comes shortly after Binance Pay expanded its services to Brazil, allowing merchants to accept Shiba Inu payments.

In addition, Seychelles-based cryptocurrency exchange BitMEX has introduced four new perpetual contracts for Shiba Inu (SHIB) and Bone ShibaSwap (BONE), with up to 33x leverage.

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As reported earlier by The Crypto Basic, Ali Martinez, the renowned crypto analyst, revealed that a whopping 2 trillion SHIB tokens were withdrawn from exchanges between August 20 and August 27. This suggests that investors have a long-term holding strategy for Shiba Inu.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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