The Newegg E-Retailer store is the biggest electronic e-commerce store in the California United States Of America. The company made a prominent announcement on their Twitter account recently about accepting the Shiba Inu Token.
However, the rumors about Newegg turns into reality after this tweet. They said that they are now finally accepting the payments in Shiba Inu (cryptocurrency).
Before this month, Coingape reported on an encoded Tweet. They highlighted the inclusion of Shiba Inu, where the e-retailer store had tagged on his Twitter profile the developer Shytoshi Kusama and Shib’s official Twitter portfolio.
Consequently, the Shiba Inu Decentralized community on Twitter moved towards the marketplace with the hypothesis that how this e-commerce store will list the $shib payment.
The record shows that Newegg is the first e-commerce firm that started accepting digital payments in 2014 by its partnership with Bitpay. Afterward, they were the first ones that also accepted Dogecoin in early 2021. However, Newegg will start the process of accepting payment in Shiba Inu from December 2021.
The Newegg E-Retailer Store Strategies For Promoting Crypto:
Newegg manages to implement strategies in support of cryptocurrency. However, the e-retailer store achieved to come in the headlines with their Black Friday offers.
The e-store has announced many other offers on crypto payments recently. Lastly, announced a 20% off on crypto payments by Bitpay. In which U.K., Australi, the U.A.E., etc.
However, Newegg is not the first commercial which used a pro-crypto strategy. Recently, the biggest movie theatre, A.M.C in the United States, also confirmed to accept Shiba Inu payment.
We are always looking for new ways to improve the shopping experience on Newegg.com, and something our customers want is greater flexibility and options, including the ability to pay with a wide range of cryptocurrencies,” said Andrew Choi, Director of Brand Marketing at Newegg.
“Through our partnership with BitPay, we can move quickly and lead the market with flexible cryptocurrency payment options. To that end, we’re excited to offer SHIB as a payment option on Newegg.com.”