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BitPay Announces Increased Limits and Broader Payment Options for Crypto Purchases in the U.K. and EU, Including Shiba Inu (SHIB)

Good news for Shiba Inu (SHIB) holders in the U.K. and EU! BitPay, a leading cryptocurrency payment processor, has partnered with Transak to offer higher purchase limits, additional payment methods, and increased crypto availability for customers in these regions.

Key Points:

  • SHIB Purchase Limit Increased to $75,000:A significant jump from previous limits, allowing for larger SHIB purchases in a single transaction.
  • S. vs. U.K. and EU Limits: Interestingly, the limit for U.S. customers remains at $6,000 per transaction for SHIB.
  • A minimum Purchase of $ 5 makes SHIB more accessible to new investors by lowering the entry barrier.
  • Multiple Payment Methods: Customers can now leverage various payment options on Transak, including GrabPay and GCash.
  • Over 175 Cryptos Supported: The new features apply to a wide range of cryptocurrencies on BitPay, not just SHIB.

Read Also: XRP Lags Behind Crypto Rally, But Analysts Remain Bullish

Benefits for SHIB Holders

  • Easier accumulation of SHIB tokens.
  • Increased accessibility for new investors.
  • Potential boost for SHIB adoption and utility.

BitPay’s Growing Support for SHIB

  • Since adding SHIB in December 2021, BitPay has continuously improved SHIB’s usability.
  • Users can now pay bills and purchase luxury goods using SHIB.
  • Multiple payment methods are available for SHIB purchases through BitPay.

Read Also: Cardano (ADA) Sees Surge in Network Activity and DApp Engagement Amid Crypto Market Resurgence

This news comes amidst positive momentum for SHIB

  • Recent price surge of over 250% within a week.
  • Continued growth over monthly, bi-weekly, and weekly charts.

SHIB is trading at $0.00003360, reflecting a 3% increase in the last 24 hours.

This partnership between BitPay and Transak opens up exciting possibilities for SHIB enthusiasts in the U.K. and EU, offering greater flexibility and accessibility for buying and holding SHIB.

 


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