Last Updated on 2 months by Shubham Attri
Shiba Inu is one of the trending coins in the cryptocurrency market. Ever wonder how to buy Shiba Inu? When it comes to buying Shiba Inu you’ve got a lot of options. Many exchanges allow you to buy Shiba Inu and the best part is Coinbase is also one of these platforms that allows you to buy Shiba Inu. How? Here is a post covering how to buy Shiba Inu on Coinbase.
Shiba Inu has been tremendously popular since last year. It is the spinoff and main market competitor of meme-coin known as Dogecoin. Shiba Inu coins have an extremely large supply and are bought by various investors worldwide. Coinbase is among the top exchanges that offer Shiba Inu on its platform.
How to buy Shiba Inu on Coinbase is a popular question crypto investors ask nowadays. The process is quite simple. You just need to follow certain steps and you’ll learn how to buy Shiba Inu on Coinbase. Create an account >> Add a payment method >> Start the trade >> Choose Shiba Inu >> Enter amount >> Finalize the purchase.
Curious to learn these steps in detail? This post includes the detailed procedure on how to buy Shiba Inu on Coinbase. You’ll get all your answers and understand how to buy Shiba Inu on Coinbase by the end of the post. So, let’s not delay much and find out how to buy Shiba Inu on Coinbase. We will begin by shedding some light on What Shiba Inu is.
What Is Shiba Inu?
Shiba Inu is a cryptocurrency sharing some theme-related similarities with Dogecoin. Shiba Inu coin is an ERC-20 token that uses the smart-contract technology of the Ethereum network. Shiba Inu led to the creation of a DeFi ecosystem allowing ShibaSwap to run it. ShibaSwap is Shiba Inu’s decentralized exchange. Shiba Inu tokens can be used on the ShibaSwap platform. SHIB or Shiba Inu is the only token used on the platform.
BONE and LEASH can also be used. ShibaSwap is also planning to integrate Non-Fungible tokens into their platform. The dog, Shiba Inu, has inspired various people worldwide to invest in the tokens with the dog’s image on them. Coinbase, one of the largest crypto exchanges, listed the coin on its platform in 2021. We’ll learn how to buy Shiba Inu on Coinbase but before that let’s check out the current price and other details about the Shiba Inu token.
What Is The Current Position Of Shiba Inu?
Here are the details related to Shiba Inu’s price, market cap, etc. Let’s quickly walk through these details and move further to learn how to buy Shiba Inu on Coinbase.
- Price- $0.000024
- 24h Trading Volume: $72,66,74,889
- Market cap: $12,93,10,56,175
- Coinmarketcap ranking: 15
- Circulating supply: 54,90,63,27,88,76,302 SHIB
- Total supply: 58,97,35,03,04,08,323 SHIB
- ROI: 1459956.06%
- All-time low: $0.000000000082
- All-time high: $0.00008845
Before understanding how to buy Shiba Inu on Coinbase, it is important to know why to invest in Shiba Inu. So, let’s quickly find it out.
Why Invest In Shiba Inu?
Shiba Inu is among the popular cryptocurrencies. If you are a crypto enthusiast, you might choose Shiba Inu to invest in. Shiba Inu is a popular meme coin whose prices have risen by a whopping amount. The price of Shiba Inu has skyrocketed. You can choose to invest in Shiba Inu and hold them for a long time. You can sell these coins whenever the price of the coin rises. The coin also has a limited supply which is another attractive reason to invest in Shiba Inu. Let’s find out how to invest in Shiba Inu and how to buy Shiba Inu on Coinbase.
How To Invest In Shiba Inu?
Once you’ve made your decision to invest in Shiba Inu, the next question that hits your mind is how to invest in Shiba Inu. The answer is by buying Shiba Inu. Yes, you can invest by buying Shiba Inu. You can enjoy various benefits of buying these coins. Well, you might now wonder where to buy these. You’ll get an answer by reading further as we will discuss what exchanges allow you to invest and buy Shiba Inu. We will further discuss how to buy Shiba Inu on Coinbase.
Where To Buy Shiba Inu?
Before understanding how to buy Shiba Inu on Coinbase, let’s find out what exchanges offer you the cryptocurrency. With the mainstream popularity of meme coins, you can find Shiba Inu on various cryptocurrency exchanges. Some of the popular ones are:
- Huobi Global
These are some of the popular platforms allowing you to buy Shiba Inu. Let us now find out how to buy Shiba Inu on Coinbase.
How To Buy Shiba Inu On Coinbase?
The simple answer to how to buy Shiba Inu on Coinbase is by following an easy procedure. Here are the steps to follow to understand how to buy Shiba Inu on Coinbase. Let’s quickly check them out.
1. Create An Account
The first step is to download the Coinbase application and start the process to Sign in. You need to enter details like your email address. You’ll also need an address proof. So, keep it ready with you. Verification may take some time depending on your location.
2. Add The Payment Method
The next step is to hit the Payment method box and connect a payment method to buy Shiba Inu. You can choose any option like a bank transfer, credit card, debit card, or initiate a wire.
3. Start The Trade
After this, click on the two horizontal lines in blue color. Choose Buy from the list of the available options. Type in Shiba Inu in the search box and when you find it just click on it.
4. Enter Amount
You now need to enter the Amount by using the number pad that you’d like to spend in your fiat currency. Coinbase will convert it automatically to the Shiba Inu amount. Hit the Preview Buy option to see all the details. Confirm the transaction when everyone looks good.
That is it! You have completed your transaction and learned how to buy Shiba Inu on Coinbase.
This post is all about Shiba Inu and how to buy Shiba Inu on Coinbase. Shiba Inu is among the popular coins that can prove to be a great investment at a low price. There isn’t any guarantee if Shiba Inu will continue to be profitable just like in the past or not. However, it seems to have some longevity with a strong community and real utility.
You can also try buying these coins. We have provided a detailed procedure to understand how to buy Shiba Inu on Coinbase. You can follow the steps to buy Shiba Inu for yourself. You can use the Coinbase platform for purchasing Shiba Inu. However, don’t forget to do some research and analysis before buying these Shiba Inu coins.
Frequently Asked Questions
Q1. What Is The Best Site To Buy Shiba Inu?
A. Many platforms allow you to buy Shiba Inu like Coinbase, Crypto.com, Binance, eToro, etc.
Q2. How Much Is Shiba Inu Right Now?
A. Shiba Inu is currently trading at $0.00002355 with a live market capitalization of $12,93,10,56,175.
Q3. Can I Buy Shiba Inu On Binance?
A. Yes, Shiba Inu can be purchased from various exchanges. Binance allows you to easily buy Shiba Inu on its platform.
Q4. How Can I Buy Shiba Inu?
A. You can choose a platform that allows you to buy Shiba Inu like Binance, Coinbase, etc. and after signing in and depositing funds, you can easily buy Shiba Inu.