BitPay Enters New Partnership With Ramp To Allow Users Buy And Sell Digital Assets Including Shiba Inu
BitPay, a leading cryptocurrency payment service provider, has announced a new partnership with Ramp Network, a decentralized finance (DeFi) platform that allows users to easily buy and sell digital assets. The partnership will enable BitPay users to purchase Shiba Inu (SHIB) tokens using their BitPay wallets.
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BitPay Partners With Ramp To Boost Shiba Inu Market
The recent partnership will allow customers to purchase over 20 supported cryptocurrencies, including Shiba Inu (SHIB), using Ramp Network checkout.
🎉 We are thrilled to announce our new partnership with @RampNetwork!
Now available, buy #crypto with Ramp. Use the #BitPay App to choose from 20+ cryptocurrencies.
Ramp is the 4th partner we’re adding to the BitPay App (in addition to Simplex, Wyre and MoonPay). pic.twitter.com/OlPIvB0WDR
— BitPay (@BitPay) April 17, 2023
Shiba Inu is a cryptocurrency that has gained significant popularity in recent months. It was created as a “meme coin” in August 2020 and is named after the Shiba Inu dog breed, which is also the mascot of the coin. Despite its playful origin, SHIB has become a serious investment option for many crypto enthusiasts, with a market capitalization of over $11 billion as of April 2023.
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With the new partnership, BitPay users can now easily purchase SHIB tokens using their BitPay wallet. They can do this by exchanging their Bitcoin or other cryptocurrencies for Ramp Network’s stablecoin, rUSD, which can then be used to purchase SHIB tokens. The entire process is seamless and can be completed in just a few clicks.
How To Buy Shiba Inu With Ramp Network
To purchase SHIB with Ramp Network, customers need to follow a simple process:
- Open the BitPay app or head to the official BitPay website
- Click on the “Buy Crypto” option
- Select Shiba Inu as the preferred asset
- Enter the dollar equivalent of the amount of SHIB desired, and confirm the quote
- Enter your Shiba Inu address if you want the assets sent to an external address
- Afterwards, select the preferred payment method, including Ramp Network.
This partnership is significant for BitPay as it expands its offering to include more cryptocurrencies beyond the mainstream ones like Bitcoin and Ethereum. It also allows users to invest in SHIB, which has shown strong potential for growth and has become one of the most talked-about cryptocurrencies in the market.
Stephen Pair, CEO of BitPay, commented on the partnership, saying, “We are excited to partner with Ramp Network to offer our users the ability to purchase SHIB tokens. This partnership further underscores our commitment to providing our users with the most comprehensive crypto payment options available.”
Szymon Sypniewicz, CEO of Ramp Network, also expressed his excitement about the partnership, saying, “We are thrilled to work with BitPay to provide users with a simple and efficient way to buy and sell SHIB tokens. We believe that this partnership will help to drive the adoption of cryptocurrency as a viable investment option.”
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
