- Shiba Inu and other cryptos can now be accepted by 40 percent of existing websites, thanks to Binance Pay.
- Trading bots might be hitting the Shibarium mainnet after it officially goes live.
Shiba Inu is widening its reach with every passing day. The memecoin is attempting to sustain its bullish position, despite the rise of other rival coins springing up. According to a recent announcement, Shiba Inu will now be accessible to an even wider audience.
In an official blogspot shared by Binance, the leading cryptocurrency exchange revealed that a whopping 40 percent of existing websites across the globe can now accept payments in the form of cryptocurrencies like Shiba Inu.
All of this is possible, thanks to the launch of the Binance Pay WooCommerce plugin. Using this feature, merchants across the world can receive Shiba Inu payments directly on their WordPress websites.
We’re making paying with crypto even more accessible! #Binance Pay’s new plugin with @WooCommerce allows over 40% of the world’s websites to accept more than 70 cryptocurrencies as payment.
Learn more ⤵️ https://t.co/b5vLjsAAxF
— Binance (@binance) May 5, 2023
The Binance Pay WooCommerce plugin, now available for all WordPress stores, allows merchants to accept more than 70 cryptocurrencies as payment, unlocking a whole new world of possibilities. In this article, we’ll explore the benefits of using Binance Pay and provide a guide to integrating the plugin with your WordPress store.
The Binance Pay feature is a contactless, borderless, and secure crypto payment feature made available on the Binance App. Using the feature, users and merchants can easily send, and receive crypto payments across the globe, without paying any additional charges. Using Binance Pay, businesses can cut transaction costs while expanding their customer base.
Binance further explains why it chose WooCommerce, the free and open-source e-commerce plugin which is utilized by 25 percent of the world’s top million online stores for the new move.
The integration of Binance Pay with WooCommerce stores allows users to reach a wider customer base, reduce transaction fees, offer seamless shopping experiences to their customer base, and enhance security all at once, Binance reveals.
The exchange disclosed that Binance Pay is committed to increasing its options and reach. Crypto users will also benefit from the many opportunities that will spring up in the future, as many more merchants join the program. Additionally, Binance assures merchants willing to join the program that the Binance Pay feature will open the doors to more than 22 million users, who could potentially join their customer base.
The Binance Pay plugin is an excellent solution for e-commerce merchants looking to accept crypto and expand their customer base. By integrating Binance Pay with your WooCommerce store, you can offer your customers a seamless shopping experience while benefiting from reduced transaction fees and increased security.
The future of e-commerce is widening, As digital currencies are becoming widely adopted, Binance observed. As such, integrating into Binance Pay plugin into any WordPress and e-WooCommerce store is a promising long-term investment, Binance added.
Trading bots might finally get to the Shiba Inu ecosystem via Shibarium mainnet
In a recent tweet from NowNodes, Shibarium was repeatedly highlighted, hinting that trading bots might eventually hit the Shibarium mainnet after its launch.
We asked our community in Telegram chat what next #Shibarium guide you’d like to see next. The majority voted for a Trading Bot 🤖
Take it away – #NOWDev x @ShibariumNet is back with a new exclusive tutorial 😎
Let’s #BUIDL together – we’re going to help you.… pic.twitter.com/f6Z1KxdaaP
— NOWNodes ⛓️ (@NOWNodes) May 5, 2023
NowNodes took to Twitter to reveal that its Telegram community members were longing for a new Shibarium guide. Voters majorly pushed for a trading bot and NowNodes delivered a new exclusive tutorial.
In the tutorial, NowNodes, a blockchain-as-a-service solution that lets users get access to full Nodes and blockbook Explorers via API, provided investors with the methods that can be used to create a unique trading bot on the network.
It is worth noting that the trading bots will initially have limited functionality. NowNodes explains that this is due to the fact that trading comes with its own sets of risks and that the safety of Shiba Inu community members is a top priority. However, users will still have the capability to expand the script in the ways that they choose.
Define the strategy – what price is good for buying, when do you need to receive price change notifications, what actions you’d like to perform. Tools and Shibarium configuration – remember that Shibarium Chain ID is 719, so remember to access the right network.
NowNodes outlined the tutorial in the popular Python programming language, which it branded as the easiest and most convenient for Bot dApp development.
Users are then advised to install a series of libraries in order to gain access to ShibaroumBeta’s on-chain data using a series of scripts.
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Receiving important data on the price of a Shibarium coin can be achieved in two ways. Users can either achieve that by extracting from a DEX or an Oracle; whichever they think is most trustworthy.
For the next and most important step, users must define the logic and structure of their Shibarium trading bot. Users can do this by looping to check for Shib’s price and sending alerts, which will be directly transferred to their notifications.
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