Cryptocurrency Shiba Inu will now be available at all Bitcoin of America ATM (BTM) locations. Bitcoin of America is an ATM dispenser where users can liquidate their cryptocurrencies in fiat directly. It has more than 1800 BTMs across 31 states. It should be noted Bitcoin of America also offers Litecoin and Ethereum options. This news comes after their recent addition of Dogecoin in March of this year. It is also registered as a money services business with the United States Department of Treasury.
Bitcoin of America has perceived the developing fame of Shiba Inu and concluded the time had come to remember it for their BTMs. The well-known operator has made many updates to its BTMs and services over the past year. They launched their universal kiosks, which operate as a traditional ATM combined with BTM functions. Their point-of-sale system was created for their tablet program, which has allowed businesses to accept cryptocurrency as a new form of payment.
This development comes as Shiba Inu announced launching its metaverse, with 100,595 plots of virtual lands. Creators of Shiba Inu metaverse have termed it 'SHIB: The Metaverse'. The developers will allow users to buy virtual lands through a series of events. Users will have to visit the official Shiba Inu metaverse website.
The addition comes after the ATM operator added Dogecoin DOGE/USD to its list of supported cryptocurrencies last month. It also supports Bitcoin, Ethereum ETH/USD, and Litecoin LTC/USD in all of its locations. According to Bitcoin Of America, the decision to add support for SHIB was after the firm recognized its growing popularity. Like Dogecoin, Shiba Inu has also seen a number of companies accepting it as a means of payment including AMC Entertainment Holdings Inc. AMC and GameStop Corp. GME.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.