xPortal, a crypto-based financial app on the MultiversX blockchain, has added Shiba Inu among crypto assets usable via its card service.
In a Friday announcement, xPortal disclosed that it is opening new top-up avenues for its crypto debit card service. Following the update, crypto enthusiasts can now top up their cards with various crypto assets like Shiba Inu and spend them immediately.
Notably, other assets xPortal added as new top-up avenues for its debit card service include Chainlink (LINK), Uniswap (UNI), popular meme coins Dogecoin (DOGE) and PEPE, and stablecoins USDT and USDC.
New top up avenues available! 🗣️
Top up your card with $USDT $USDC $DOGE $SHIB $LINK $UNI or $PEPE and start spending in seconds.
We’re making crypto spending as easy as it should be. pic.twitter.com/a5d9AqNMdK
— xPortal (@xPortalApp) June 28, 2024
xPortal Card Service Supporting Shiba Inu
xPortal is a global payments app and non-custodial crypto wallet built on MultiversX (EGLD). It allows users to exchange and manage their cryptocurrencies directly from their mobile devices. The team takes pride in the wallet’s security features, arguing it is unhackable, given its on-chain 2FA.
Shiba Inu enthusiasts can get xPortal’s debit card solution by downloading the app through the Apple App Store, Google Play Store, and Huawei AppGallery.
The card issuance fee is free. However, a €10 bill applies for physical card delivery while a 1.49% fee applies to crypto purchases. Notably, users can get up to 5% cashback.
Reacting to the announcement, a U.S.-based crypto enthusiast lamented that xPortal’s card service is unavailable to Americans. Replying to the remark, an X user offered solace that once there is a leadership change with the coming elections, the usual crypto-related restrictions on U.S. residents would be relaxed with favorable regulations.
I think we are waiting on a leadership change. Trying to push anything here right now is like shooting in the dark or pissing in the wind … Useless. Once we get better people in leadership it will change imo
— Mack.EGLD (@ShaneMack26) June 28, 2024
Growing List of SHIB Card Payment Services
With this latest development, xPortal joins the growing list of crypto-based financial service providers that have integrated support for Shiba Inu payments through various payment methods.
In 2023, BitPay collaborated with Sardine to enable SHIB card payments in over 180 countries. Additionally, the same year, Gate.io exchange launched a debit card supporting Shiba Inu payments across Europe.
More recently, CryptoCom App expanded its support to accept Shiba Inu for Visa card funding. Furthermore, Binance’s crypto debit card reinstated Shiba Inu payment support this month, building on its initial integration in August 2022.
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.
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