Shiba Inu (SHIB) Can Now Be Spent Instantly With Gift Cards at “Best Buy”

19 August 2022

in SHIBA

Reading Time: 2 mins read

BitPay, the leading crypto payment processor, has announced that holders of Shiba Inu (SHIB) and other crypto assets listed on the payment processing platform can now spend their assets with Gift Cards at “Best Buy”, an American multinational consumer electronics retailer.

According to the report shared by BitPay on its official Twitter handle, customers can now shop and pay for electronic devices at Best Buy using gift cards.

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The payment processor added that the new development will make payments in various digital currencies, including Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Litecoin (LTC), and others, seamless.

BitPay announced, “Now available! Spend your crypto at Best Buy with a gift card instantly. Best Buy gift cards now available – spend BTC, ETH, LTC and more easily.”

Now available! Spend your crypto at @BestBuy with a gift card instantly. Best Buy gift cards now available – spend BTC, ETH, LTC and more easily. #crypto pic.twitter.com/lUPy6mwFAZ

— BitPay (@BitPay) August 19, 2022

About Best Buy

Best Buy is a consumer electronics retailer with operators in the United States, Mexico, and Canada. The company sells a wide range of items, including mobile phones, digital cameras, video games, and music, as well as home appliances, such as washing machines and refrigerators.

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As shared by Fortune, Best Buy has both physical and online stores. It also provides repair services for computers and other devices at stores via its Geek Squad brand.

The company also has a huge social media presence with over 1.2 million followers on Twitter alone. This implies that the incorporation of digital assets, such as Shiba Inu (SHIB), will boost the global awareness of cryptocurrency as more people are now open to knowing more about the new asset class via Best Buy gift cards.