Adam Aron, CEO of AMC Theaters, said in a tweet that BitPay-based Dogecoin and Shiba Inu payments will first be rolled out for the web platform and then on the app from April 16. BitPay did not support Shiba Inu when AMC Theaters announced it would accept payments in DodgeCoin and Shiba Inu in November last year. The company’s CEO at the time, Aaron, claimed that upon his request, Bitpay had decided to support the Shiba Inu.
This might rev up the Cryptocurrency fans amongst you. AMC IT says that BitPay will be live for AMC online payments on our web site by March 19, and live on our mobile apps by April 16. Possibly a few days earlier. BitPay, and therefore soon AMC, accepts Doge Coin and Shiba Inu. pic.twitter.com/M8lM3Rz2vY
— Adam Aron (@CEOAdam) February 28, 2022
Currently the price of Dogecoin and Shiba Inu is $0.14 (approx Rs 10.40) and $0.002018 (approx Rs 0.15) respectively. Tesla owner Elon Musk is very enthusiastic about DodgeCoin and is known to be a staunch supporter of it. He has often promoted this digital coin as ‘People’s Coin’.
Musk believes that DodgeCoin’s transaction fees should be lower so that it can reach even the average customer in everyday purchases. The fees charged on crypto transactions are also called gas fees. This is a charge that crypto users pay to miners so that customer transactions can be included in the blockchain protocol.
Robinhood announcing wallets, AMC CEO not only talking about accepting Dogecoin but saying it was the single most interacted with tweet he has ever made, the crypto market finally seeing some green.
I gotta say… pic.twitter.com/3bWIU54keB
— Shibetoshi Nakamoto (@BillyM2k) September 22, 2021
According to research platform BitInfoCharts, the average gas fee for DodgeCoin is around $0.386 (approximately Rs.29). Earlier, AMC Theaters also included the option to pay for tickets online via PayPal in Bitcoin, Ether, Litecoin and Bitcoin Cash.<!–
–>
For the latest tech news, smartphone reviews and exclusive offers on popular mobiles, download the Gadgets 360 Android app and follow us on Google News.
Related news
,