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How to Buy Shiba Inu Coin – Invest with Low Fees Today

Learn how to buy Shiba Inu coin (SHIB), the so-called 'Dogecoin killer.'
Buy SHIB Coin
Buy SHIB Coin

Shiba Inu coin has been called the ‘Dogecoin killer.’ It’s based on the same meme, but offers the advantage of using the Ethereum network and offering decentralized finance.

In this guide, we’ll show you how to buy Shiba Inu coin and where to buy Shiba Inu coin in 2022.

The easiest method is to use regulated, beginner-friendly cryptocurrency exchange eToro which allows you to buy Shiba Inu under the ticker SHIBxM.

Best Places to Buy Shiba Inu Coin in May 2022

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for $1000 you get78309210.1811 SHIB
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for $1000 you get78309210.1811 SHIB
68% of retail CFD accounts lose money.
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How to Buy Shiba Inu Coin – Quick Guide

Want to buy Shiba Inu coin without reading our full guide? You can get started right away with these 3 quick steps.

  1. Step 1: Open an account with eToro We recommend using trusted cryptocurrency broker eToro to buy the Shiba Inu coin. The regulated platform offers super-low fees, fund safety, multiple deposit methods, and a full library of investments to choose from. To begin, head over to the eToro website and click on ‘Join Now.’
  2. Step 2: Upload ID – eToro is a regulated broker, which means you will need to submit a form of identification. A copy of your driver’s license or official ID card and a recent copy of your utility bill or bank statement should be uploaded.
  3. Step 3: Deposit Funds – You can fund your account with the minimum deposit in relation to the region you reside. Simply head over to ‘Deposit Funds’ and select any of your preferred deposit methods.
  4. Step 4: Buy Shiba Inu Coin – You can now buy Shiba Inu coin by typing ‘SHIB1xM’ into the search bar. Click ‘Trade’ on the first result and input the amount you want to use to invest in the Shiba Inu coin.

68% of retail investor accounts lose money when trading CFDs with this provider.

How to Buy Shiba Inu Coin Tutorial

Ready to buy Shiba Inu coin? We’ll show you how to get started using eToro, which offers trading on Shiba Inu and more than 500 other cryptocurrencies.

Step 1: Register on eToro

Navigate to the eToro official website and click on ‘Join Now’ to be taken to the signup page. Here you will need to fill in your full name, password, mobile number, email, and username. To fast-track the process, eToro lets you register with your Google or Facebook account.

Step 2: Upload ID

eToro is regulated by top tier-1 global bodies, and this requires you to complete the know-your-customer (KYC) process. To complete KYC, you need to upload a snapshot of your driver’s license or government-issued ID card for identification. Also, a copy of your recent utility bill or bank statement would be required for proof of residence. Once you submit this, your account will be verified within minutes.

Step 3: Deposit Funds

eToro has different minimum deposits depending on the region a user is signing in from. However, if you are registering from the US, you will need to meet a minimum deposit peg of only $50. To deposit, you can choose between using a bank wire transfer, international bank transfer, credit/debit card, PayPal, Skrill, Neteller, Trustly, Sofort, and several others.

Step 4: Buy Shiba Inu coin

Shiba Inu Trade eToro

68% of retail investor accounts lose money when trading CFDs with this provider.

Once your deposit is confirmed, you can proceed to buy Shiba Inu. To do this quickly, click on the search bar and type in ‘SHIB1xM’ and click on the ‘Trade.’ You will be redirected to the order page, where you can insert the amount of Shiba Inu coin you want to buy. Once you are done, click on ‘Open Trade’ to complete the transaction.

Where to Buy Shiba Inu Coin

In order to buy Shiba Inu coin, you’ll need a cryptocurrency exchange. It’s important to pick an exchange that’s not only highly trustworthy but also makes it easy to go from fiat currency to digital currency. The best cryptocurrency exchanges also offer cutting-edge trading tools and a wide selection of tokens.

With that in mind, let’s take a look at where to buy Shiba Inu coin.

Compare Shiba Inu Coin Exchanges

68% of retail CFD accounts lose money.
As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.
74% of retail investor accounts lose money when trading CFDs with this provider.
The price and value of any investment in digital asset products can fluctuate.
The traded price of digital tokens can fluctuate greatly within a short period of time.
Market prices for digital tokens can be volatile and highly unpredictable.
As with any asset, the values of digital currencies may fluctuate significantly.
The value of digital currencies can go up or down frequently.
71% of retail CFD accounts lose money.
Rating
5.0
4.9
4.7
4.7
4.6
4.5
4.4
4.3
4.1
Mobile App Rating
10/10
10/10
9/10
9/10
8/10
8/10
9/10
9/10
9/10
Mobile App
Wallet
Number of Coins
13410859223412465215
Trading Fees
Spreads0.2%Spreads0.1%0.1%0.1%0.1%0.50%Spreads
Deposit Fees
N/AN/AN/AN/AN/AN/AN/AN/AN/A
Withdrawal Fees
$5N/AN/A0.0005 BTCN/AN/AN/AN/AN/A
Regulated
ASIC, CySEC, FCAN/ACySECN/AN/AN/AFCAFCACBI, MiFID
Min. Deposit
$50N/A100 EURN/AN/A$10$10$2$100
Leveraged Trading
N/A1-200xN/A1 - 100x1 - 100x1 - 10x1 - 100xN/A1 - 30x
Bitcoin
$30374.69$40377.55$30493.14$30394.43$40391.88$40393.04$40404.41$40416.27$30477.95
Ethereum
$2107.65$2795.54$2082.83$2069.90$2796.11$2795.55$2797.45$2796.59$2075.59
XRP
$0.44$0.78$0.43N/A$0.23N/A$0.78$0.30$0.43
Tether
$1.00N/AN/A$1.00$1.00N/AN/A$1.00N/A
Litecoin
$71.45$108.99$70.47N/A$109.04N/A$109.10$109.04$70.54
Bitcoin Cash
$207.36$294.96$206.14N/A$506.41N/A$295.12$295.07$206.03
Chainlink
$7.70$14.68$7.72N/A$14.26N/A$14.68$14.67$7.82
Cardano
$0.59$0.83$0.59N/A$0.83N/A$0.83$0.83N/A
IOTA
$0.40$0.70$0.39$0.39N/A$0.70$1.91$1.91$0.39
Binance Coin