Coin Cloud New Noncustodial Mobile Wallet Now Allows To Send And Swap Shiba Inu Across US And Brazil

You Can Now Send And Swap Shiba Inu At Coin Cloud Crypto ATMs Across US And Brazil.

SHIB joins a host of other cryptos now available for sending and swapping at Coin Cloud ATMs In The US and Brazil across 6000 ATMs.

For some time now, Shiba Inu has been touted as the ultimate Doge killer. While it’s yet to achieve this objective, the coin has surely grown to attract a huge following. Shiba Inu is now accepted as means of payment in various business outlets across Europe and the US.

Now, the meme coin can be sent and swapped at crypto ATMs controlled by Coin Cloud after the company launched a new noncustodial mobile wallet. The wallet allows customers to buy, sell, and even store digital assets or cryptocurrencies.

Please remember that Coin Cloud added Shiba Inu to its ATMs in OCT 2021, making SHIB accessible in over 6,000 ATMs. Now the new feature allows “to securely buy, sell and store all digital currencies supported by Coin Cloud.”

According to the press release:

“Whether buying, selling, sending or receiving digital currencies, our mobile wallet delivers all the features needed and more, while ensuring security at the highest levels.”

Buying SHIB Via Coin Cloud

According to a company blog post, buying SHIB at a Coin Cloud crypto ATM doesn’t require much experience or savviness. There are over 4,000 such ATMs in the US. Users can transact at any of them as long as they have a SHIB wallet.

To buy Shiba Inu at an ATM, the user needs to enter their number and then enter a verification code received on their phone to initiate the process. Next, they scan the QR code on their SHIB wallet using the ATMs camera. From there, they insert the cash into the ATM to complete the purchase order. The coins will be credited to their SHIB wallet.

How Does This Affect SHIB?

The new wallet features allowing selling, storing, and swapping of SHIB will boost its popularity and make way for more adoption. For example, back in June, Coin Cloud entered into a partnership with one of the most popular and largest grocery chains spanning three states and running 59 stores. The chain, named Cardenas Markets, operates outlets in California, Nevada, and Arizona.

In addition, Shiba Inu can now transition to a utility token as opposed to its culture as just a meme coin. As more people get exposed to the coin via swapping, the effect will likely reflect its price upwards. At this time, SHIB is trading at around $0.00001 and sits at position 14 in the charts.

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