How To Buy Shiba Inu Coin In The U.S. In 2021

how to buy shiba inu coin
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Are you a risk-taker? Do you have the confidence that the Shiba Inu coin will fly again?! If yes, I’ll like to show you how to buy Shiba Inu coin in the U.S in 2021.

In addition, we’ll show you how to buy Shiba inu coins on top reputable platforms.

About Shiba Inu Coin

Shiba Inu coin – another coin named after a dog breed, that uses a smart-contract technology network. It is an ERC-20 only token that runs on the Ethereum blockchain and does trading as SHIB. Over time it has transformed from being a fun currency to a decentralized ecosystem. At the initial launch of the Shiba Inu coin, half of its supply was distributed to the wallet of Vitalik Buterin Ethereum, and its price has skyrocketed within eight-month. 

There are various controversies on how to buy Shiba Inu coin, where to buy Shiba Inu coin, Shiba Inu coin wallet, and how to buy Shiba Inu coin in the U.S. in 2021. Read the contents carefully for current information on:

  • What will Shiba Inu coin be worth? 
  • How do you buy a Shiba Inu coin on Binance?
  • Where I can buy Shiba inu coin?
  • How to buy Shiba Inu coin in the U.S. in 2021

What Will Shiba Inu coin Be Worth?

Unlike expensive cryptocurrencies such as Bitcoin, Ethereum, and other coins worth thousands of dollars, the Shiba Inu coin goes for a token of $0.00008082. This meme coin with no underlying significance reflects the nature of a growing cryptocurrency, hence its popularity shouldn’t be ignored. 

Now, let’s proceed to how to buy Shiba Inu coin.

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How do you buy Shiba Inu coin on Binance?

The easiest route on how to buy a Shiba Inu coin is buying through Binance. Binance has a wide array of altcoins selection, hence its popularity. You don’t need any verification for withdrawing up to 2 bitcoins a day,  and there’s a mobile app for Android and iOS devices.

Here is the step-by-step procedure on how to buy Shiba Inu coin on Binance

Step 1: Create a Binance Account 

Step 2: Click on sign-in to sign into Binance Account

Step 3: Click on the navigation bar at the top the click Funds, and then you can click on deposit to make a cryptocurrency deposit.

  • You can conveniently deposit Bitcoin and Ethereum because they have the huge majority of listed crypto, giving the greatest amount of flexibility.
  • After a search bar appears on your screen, you can enter a ticket for the crypto you wish to deposit. For instance, the ticket for Bitcoin is BTC, and the ticket for Ethereum is ETH.
  • The deposit address for your selected cryptocurrency will be provided by the website (the web address is a string of letters and numbers)
  • Copy the address and send money to the copied address.

Step 4: Proceed to check your balance by going to Funds, and click on balance. The coin and amount purchased will appear if your deposit is successful. You can utilize the search bar if you possess numerous coins.

Step 5: Place an order for Shiba Inu coin

  • To order for Shiba Inu coin, you will need to obtain USDT or BUSD.
  • Go to the right angle at the top, and make a selection for BUSD
  • Search for SHIB (SHIB is the ticket for Shiba Inu coin). After placing this command, SHIB/BUSD pair will appear.
  • A price chart will appear in the middle, after clicking the pair. Then, you can place an order under the chart.
  • Utilize the Limit order, if you wish to purchase SHIB when it gets to a certain price.
  • If you had deposited a large sum of money, try not to purchase your Shiba Inu coin at once. Buy at different prices.

Congratulations, you now own a Shiba Inu coin wallet on Binance!

Where I Can Buy Shiba Inu Coin? 

If you are not certain yet on where to buy Shiba Inu coin, you are at the right place.

Despite that Shiba Inu coin is not as popular as Bitcoin and Ethereum, there are various platforms where to buy Shiba Inu coin. Platforms such as Crypto.com, Binance, KuCoin, and  Atomic Wallet.

In addition to where to buy Shiba Inu coin, you can try Uniswap (via Trust Wallet), but you will have to exchange Ethereum for SHIB. And don’t forget, you have to copy your Shiba Inu coin wallet

How To Buy Shiba Inu Coin In The U.S. In 2021

Shiba Inu coin, which came into the market on August 1st, 2020, has enormously increased over time from $0.000000001336 to $0.000388 within 9 months. And thus, it has gained significant attention, and many traders are wanting to ask questions like;  where to buy Shiba Inu coin?; how to buy Shiba Inu coin in the U.S in 2021; what is Shiba Inu coin wallet, and so on.

This section will provide you with enough pieces of information on how to buy Shiba Inu coin in the U.S. in 2021.

Here’s a list of the best platforms where you can buy shiba inu coin:

  • Binance
  • eToro
  • Coinbase
  • OKEX
  • Honorable mention

1. Binance

By trading proportion, Binance still holds the largest Cryptocurrency exchange. And is one of the most popular trading platforms to purchase Shiba inu coin. Unlike other cryptocurrency exchange platforms that  Shiba Inu coin SHIB, Shiba Inu coin is known as Shiba Inu on Binance. If you are looking for where to buy Shiba Inu coin, give Binance a try!.

READ ALSO: 21 Most Stable Cryptocurrency In The World Right Now

Benefits

  • Its mobile app is rated one of the best trading apps.
  • More than 150 cryptocurrencies are traded on Binance.
  • Traders and investors wouldn’t have to worry about liquidity challenges.

Drawbacks

  • Deposit using Paypal, Skrill is not permitted on Binance.
  • It seems to be difficult to operate, especially for beginners.

2. eToro

This trading platform was created in 2006, and on the 30th of Friday, 2021 eToro listed the Shiba Inu coin to their trading platform. It is one of the best platforms you can consider if searching for where to buy Shiba Inu coin.

Benefits

  • It has a mobile pool and a website that is easy to operate.
  • There provide a wide array of deposit methods.
  • Their customer service is top-notch.
  • Its financial service is organized and adequately established.

Drawbacks

  • Traders from Hawaii Canada, United States, Japan, Turkey, and American Samoa can not use this trading platform due to local regulations.

3. Coinbase

This trading platform was created in 2012 and has a record of 56,000,000 users in 2021. It is available in more than one hundred countries.

Coinbase has a record of daily transactions worth billions of dollars, making it one of the best platforms to purchase Shiba Inu coin.

Benefit

  • Offers more than fifty choices of altcoins for traders.
  • Traders and investors wouldn’t have to worry about liquidity challenges.
  • The user interface is easy to navigate.

Drawbacks

  • Payment using a debit card is not available in all countries.
  • Coinbase is centralized, so users are not able to control their wallet keys.

4. OKEX

OKEX is one of the biggest Crypto exchanges, that is used in more than a hundred countries, serving millions of users. It was established in Seychelles in the year 2017. In 2021, the announcement of the Shiba Inu coin by OKEX was made.

OKEX is the fourth daily largest cryptocurrency exchange,  and investors have deemed it to be a place to purchase Shiba Inu coins. It is one of the best platforms you can consider if searching for where to buy Shiba Inu coin.

Benefits

  • Its dashboard is easy to use and could be used by nonprofessionals and professionals.
  • It has a chatbot, and a technical team to support you and give answers to all questions, that concern trading and investing.
  • You have the advantage of utilizing various flat rates as your deposit method. And if you want to buy Shiba Inu coin with some of your crypto holdings, you can conveniently do so.

Drawbacks

  • It is not open to Americans and some other countries.
  • Its fee structure is complex.
  • In 2020, users experienced delays in withdrawal, thereby questioning their reputation and security.

 5. Honorable Mentions 

You can check on Deevendor, FTX, Gate io, for more ideas on how to buy Shiba coin

Frequently Asked Questions (FAQs)

How much Shiba Inu should I purchase?

This is based on your savings and investment strategy.

When should I buy the Shiba Inu coin?

This is entirely up to you. If you want to follow a strategy, you can analyze the price of SHIB on the price chart.

Is the Shiba Inu coin a reasonable investment?

Possibly, Its current listing might indicate that it isn’t as much of a joke coin as some people think.

Is Shiba Inu called doge killer?

Shiba Inu coin is nicknamed ‘doge killer’ because SHIB technology is more “community-driven” than its equivalents.

Can I buy a Shiba Inu coin in my friend’s account?

No, you must be the holder of the account you purchase your coin.

Conclusion

Shiba Inu coin (know as Doge killer), is a fast-growing coin, that is taking the eyes of the market. 

References

  • coincodex.comHow to buy SHIBA INU (SHIB) on Binance?
  • laptopmag.com – How to buy Shiba Inu coin — the easiest way to buy the “Dogecoin killer”
  • finance.yahoo.com – Is the Shiba Inu Coin the Cryptocurrency You Should Be Watching?
  • nj.com How to buy Shiba Inu coin in the U.S.

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