How to buy Shiba Inu | Buy Shiba Inu in 3 easy steps | KoinX

how to buy shiba inu
Our step-by-step guide on how to buy Shiba Inu (SHIB)

Ryoshi, a nondescript creator, came up with the Shiba Inu coin in August 2020. Shiba Coin runs on Ethereum and has a symbol based on the Japanese hunting dog breed Shiba Inu. Despite its volatility, Shiba Inu has managed to stay afloat for a long time – and made quite a name for itself among crypto enthusiasts.

How to buy Shiba Inu in 3 easy steps?

Step 1: Select a cryptocurrency exchange

Step 2: Buy SHIB coins

Step 3: Store the SHIB coins

Step 1: Select a cryptocurrency exchange

Choosing a crypto exchange is the first step in buying Shiba Inu. In essence, these exchanges let you purchase and sell cryptocurrencies. Many of them are easier to use and cater to novice investors, while others are more intricate and offer cutting-edge trading options like margin accounts and futures trades. Make sure your cryptocurrency exchange is secure, reliable, and affordable.

Step 2: Buy SHIB coins

You must now create an account and fund it to purchase SHIB coins. Create your account on the cryptocurrency exchange and enter the amount you wish to invest. After purchasing the coin at any exchange, you can directly place your order.

Step 3: Store the SHIB coins

After buying, you can save your SHIB coins in hardware wallets, offline storage, and software wallets.

Popular video guides on buying Shiba Inu (SHIB)

Where to buy Shiba Inu (SHIB)?

1. Coinbase
coinbase crypto exchange

Coinbase is the ideal marketplace to buy Shiba Inu. It is one of the few cryptocurrency exchanges that allow customers to withdraw cryptocurrency right away after accepting it with fiat money instead of waiting a few days for the transaction to clear.

Header 1Header 1
Operational SinceJune 2012
Deposit MethodsInstant Cash, Debit Cards, Wire Transfers, Bank Accounts, Paypal, Apple Pay, Google Pay
Deposit Fees0.00% to 4%
Cryptos ListedBitcoin, Tether, USD Coin, BNB, Ethereum 2
Trading Fees1%
Fiat Currencies SupportedUSD, GBP, EUR
2. Binance
binance crypto exchange

Binance is known to be one of the best exchanges with the lowest costs and high-end security. It is known for providing a flexible and generally safer way to trade and invest in cryptocurrencies. Novice and seasoned investors collectively find Binance easy to use.

Header 1Header 1
Operational SinceSeptember 2017
Deposit MethodsBank Deposit, Cash Balance, Credit/Debit Card, P2P Trading
Deposit FeesFree
Cryptos Listed600
Trading Fees0.1%
Fiat Currencies Supported27
3. eToro
etoro crypto exchange

eToro is practically the best trading platform to buy SHIB. From here, you may buy SHIB coins with ease by utilizing cutting-edge technologies like social trading. Additionally, it is constantly introducing additional cryptocurrencies for users to trade in. The eToro trading app doesn't have any extra costs.

Header 1Header 1
Operational Since2007
Deposit MethodseToro Money, Credit/Debit Cards, PAYPAL, NETELLER, RAPID TRANSFER, SKRILL
Deposit FeesNone
Cryptos Listed30+
Trading Fees1%
Fiat Currencies SupportedAustralian Dollar, Swiss Franc, Canadian Dollar, Czech Koruna, Danish Krone, Pound Sterling, etc.(17+)

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Frequently Asked Questions

Where can you buy Shiba Inu with a credit or debit card?

You can buy SHIB coins using a credit/debit card from any trustworthy exchange like Binance or Coinbase.

What will you need to buy Shiba Inu?

To buy Shiba Inu, you must create an account in any exchange and deposit the amount you want to invest.

What is the easiest way to buy Shiba Inu?

The easiest way to buy Shiba Inu is from crypto exchanges like Binance or eToro and then storing the coins in your wallets.

Best wallets to store your Shiba Inu (SHIB)

The best wallets to store Shiba Inu(SHIB) coins are hardware wallets like Ellipal.

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