Arculus Cold Storage Wallet can now be purchased with Shiba Inu (SHIB).
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 is pleased to announce that we’ve partnered with @BitPay to accept #crypto as payment on https://t.co/dbW2J7mL2Q! 🎉
With BitPay, you can now grab your own Arculus Card using @Bitcoin, @ethereum, @dogecoin, @litecoin, @Shibtoken, and other popular currencies. pic.twitter.com/89mzjRIJGN
— ARCULUS (@thisisarculus) August 30, 2023
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.
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.
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by The Crypto Basic, Ali Martinez, the renowned crypto analyst, revealed that a whopping 2 trillion SHIB tokens were withdrawn from exchanges between August 20 and August 27.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.