How to Buy Shiba Inu Coin (SHIB) Fast as Profits Explode Globally

Shiba Inu (SHIB) has become a popular cryptocurrency. Shiba Inu coin has threatened to be the next rival of the meme cryptocurrency, Dogecoin. DOGE is apparently going to the moon, but Shiba Inu could be rocketing to another galaxy. Learn how to buy Shiba Inu coin easily with this guide.

Disclosure: No content in this article should be taken as financial advice. Investing can be risky, so it is recommended that you consult with your accounting, legal, and tax advisors before engaging in any kind of transaction.

What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) is known as the “Dogecoin killer” to many enthusiasts. Founded by a lad named Ryoshi, Shiba Inu is a young cryptocurrency, being less than a year old as of 2021. Shiba has no real tech value and is known as a “meme coin.” The value of Shiba Inu should not be dismissed by this, though. Society is beginning to see a new class of cryptocurrency investors who may not be as impressed by the futuristic technology of coins anymore. We’ve been able to see this through the massive acceleration of Dogecoin (DOGE). Shiba Inu and other meme coins are not to be ignored. 

The rise of DOGE led to the rise in SHIBA. We expect that the increasing popularity of meme coins will lead to a bull market in various altcoins. The meme coin market seems to be here to stay.

How to Buy Shiba Inu coin in the U.S. (On eToro)

Step 1: Create and verify your eToro account

If you live within the U.S. (or even internationally), you can use the link below to sign up for eToro and get $50 free:

The guided process makes it super easy to sign up and get basic verification finished. It takes less than a minute to get up and running. 

Step 2: Deposit Fiat  

Once you’ve completed the short questionnaire, you’ll be able to choose a deposit method to fund your account. You will need to fund your account with USD to buy Shiba Inu coin. You will be required to choose:

• ACH Payment – this links your bank account to eToro. Transfers of funds may take longer, but you will not have to pay fees this way
• Debit Card – the fastest way to pay, but you will be hit with a small fee
• Wire Transfer – the minimum deposit for a wire transfer is $500

Step 3: Buy Shiba Inu Coin

Here’s the fun part! Now that you’ve deposited fiat into your account, you’re ready to buy Shiba Inu coin. Simply search for “SHIB” in the search bar and click on “Trade.” A popup window will appear; this will allow you to buy Shiba Inu coins. Choose how much you’d like to invest, and you’re now the owner of SHIB coin!

How to Buy Shiba Inu coin on Binance (Outside U.S. Only)

If your IP address is located outside of the U.S. you’ll be able to use Binance to buy Shiba Inu.

Step 1: Create and verify an account on Binance.

If you live outside the U.S., use the link below to receive 40% off trading fees:

There will be a few guided steps that will walk you through setting up your account. You will need to complete basic verification to buy Shiba Inu coin. Thankfully, the process is only a few steps and takes less than 5 minutes. 

Step 2: Deposit Fiat Into Your Binance Account

There are a few ways to fund your account to buy Shiba Inu coins. You can connect a bank account or use a debit card to buy SHIB with your local currency. We recommend connecting a bank account, as this has 0 fees. If you use a debit card, be prepared to pay a small fee for using it. 

Once you’re on the homepage of Binance, navigate to “Buy Crypto” on the top menu bar.

A dropdown will appear that will ask for your payment method. Here you will choose how you would like to fund your account. The options for funding your account are as follows:

• Card Deposit (this is a transfer from a bank card or P2P bank transfer and recommended for beginners + lowest fee) – recommended
• Credit/Debit Card (recommended for beginners and smaller purchase amounts) – recommended
• P2P Trading (this is peer-to-peer trading and not recommended for beginners)

After choosing a method to fund your account, simply follow the on-screen instructions to complete the deposit. 

Step 3: Convert Fiat to USDT

Note: If you deposited EUR, TRY, BRL, or RUB you can SKIP this step and go to step 4.

Perfect – you’ve now deposited fiat into your account! You will need to convert your fiat to cryptocurrency. USDT is one of the best choices to purchase with your fiat. USDT is a token that is very close to the U.S. dollar. Many cryptocurrencies and altcoins support USDT as a trading pair, so it makes it simple to purchase currencies like Shiba Inu!

If you transferred EUR or one of the above fiat currencies to your account, you can move ahead to the next step. For everyone else, after you purchase USDT, you’re now ready to buy Shiba Inu!

Step 4: Buy Shiba Inu with USDT or Supported Fiat

Now we are ready to buy Shiba Inu coin. Navigate to the “Markets” option on the top menu bar. In the search box, search for “SHIB.”

You will need to choose the trading pair that you want to trade SHIB with. Simply click on “Trade” and choose either “Advanced” or “Classic” trade. If you are a beginner, we recommend Classic for a more simple interface. You are now ready to buy SHIB. All you need to do is type in your limit order or market order. Mission accomplished! You now have Shiba Inu!

The Bottom Line

Shiba Inu coin can be bought easily from a variety of exchanges. Whether you prefer to use Binance, Coinbase, Coinbase Pro, or eToro, there is an exchange for every type of investor! We recommend Binance or Coinbase Pro to purchase Shiba Inu due to their ease of use and lower fees. Let us know in the comments – what exchange are you currently using to trade SHIB?

Frequently Asked Questions