How To Buy Shiba Verse Coin In Six Simple Steps

How To Buy Shiba Verse Coin

Shibaverse is the most recent entry in the Metaverse game. Although the Metaverse platform is not fully launched for the users. However, the demand for the Verse token has increased. Well, if you are looking forward to buying a property or trading in the Shibaverse then here is an article that will tell you “How To Buy Shiba Verse Coins”.

We know that the in-game cryptos are a must in the Metaverse. So, you would require this currency for maintaining the in-game economy. You can use it to buy and sell digital assets on the platform. Shibaverse is still to come so the opportunities to avail with the Shiba Verse coins are uncountable.

Other than these you can also invest in cryptocurrencies to get higher returns in the future. We know you might be having a number of doubts about how to purchase and use the Shiba Verse coin. Well, this post will clear them all.

How To Buy Shiba Verse Coins?

Given below are the simple steps that will help you in buying the Shiba Verse coins from the beginning. If you are totally new to the concept, this guide will surely help you out.

1. Download The Wallet 

The first and foremost thing that you require to buy the Shiba Verse coin is the digital wallet. Digital wallets are required to save the cryptocurrencies, and the NFTs purchased. You can choose from the various wallets available in the market. 

If you like trading in mobile phones, you can go to the Play Store or Apple App Store to download the wallet application. Or, if you are a desktop user, you can save the extension of the wallet and then include it on the platform from where you are planning to buy Shiba Verse coins.

2. Choose A Username On Wallet

After you have downloaded the application or saved the extension. The wallet will ask you to set a username. This username helps the other users on the platform find you and if they want to transfer you the coins. It can be done with the help of a username.

There is also an option on the platform to hide your username. So, if you want to keep your crypto wallet private, you can use this feature. You will be requiring this username every time you sign in to your wallet.

3. Secure Your Recovery Phrase

The most important thing while setting up your crypto wallet is memorizing the recovery phrase provided by the platform.  The recovery phrase consists of 12 words that can be used to recover the wallet if you somehow forget the password.

You have to keep in mind that anyone on the internet with your recovery phrase can have access to your wallet. So, it is strongly recommended that you write your recovery phrase somewhere and then store it securely.

If you lost the phrase, the wallet company will not help you in recovering your account.

Also Read, Will Shiba Inu Reach $1? The Future Prediction Of Shiba Inu Coin!

4. Understand The Network Ethereum Fees

Every transaction that takes place on the Ethereum blockchain requires the users to pay the Network fees. Well, these network fees are not fixed and vary from network to network. If you are on the platform to buy Shiba Verse coins then also you need to pay the Ethereum Network fees. 

Here are a few factors on which the network fees depend,

  • How busy the network is.
  • The complexity of the transaction.
  • If you want the transaction to happen faster, you have to pay more fees.

Consider these factors before choosing the network for the transaction.

5. Buy And Transfer The Ethereum ETH 

After you have got the digital wallet, now it’s time to buy the Ethereum (ETH) to buy Shiba Verse coins. Well, purchasing and transferring the ETH in the wallet is simple. You need to put in the amount of ETH you want or the money that you can spend to buy the ETH and make the purchase.

You might be finding it a bit confusing. So, let us take the example of the Coinbase wallet and how to add ETH to the wallet extension.

  1. Go to the Coinbase Wallet extension and click on  Show Wallet address > Copy this will copy your wallet address.
  2. Next, Sign in to your Coinbase account. 
  3. Navigate to  Send / Receive and click on it. 
  4. On the Send tab, select any crypto and the amount. 
  5. Navigate to the To field, paste your Wallet address, and then, click Continue. 
  6. Next, confirm the transfer details, and click on Send now option 

Also Read, 6 Best NFT Games To Own NFTs For Free

6. Use The ETH To By Shiba Verse Coin

Well, now you have got the ETH in your wallet, you can use it to buy Shiba Verse coins. We will again be using the Coinbase example for better understanding. So, let us first look at the way to buy Shiba Verse coins from the Coinbase Mobile Application.

  1. Navigate to the “Trade” tab, here you will be provided with the option to swap ETH for any token that runs on ERC-20 tokens.
  2. Next, Tap on “choose coin” and select “Shibaverse”. 
  3. Input the amount of ETH you’d like to exchange for Shibaverse. 
  4. Don’t spend all the tokens on the purchase, leave some for the transaction fees.
  5. Next, confirm your purchase and follow the instructions on the screen.
  6. You will be provided with the Shiba Verse coins.

Well, if you are using the Coinbase extension on the 

  1. Click on the “Convert” button. 
  2. Search for Shibaverse and input the amount of ETH you’d like to exchange for Shibaverse.
  3. Don’t spend all the tokens on the purchase, leave some for the transaction fees.
  4. Next, confirm your purchase and follow the instructions on the screen.
  5. You will be provided with the Shiba Verse coins.

Also Read, Maricoin Cryptocurrency: The World’s First LGBTQ Cryptocurrency

Wrapping Up

We hope that our guide on “How To Buy Shiba Verse Coin” was helpful to you and cleared all your doubts. Use the procedure given above to download the Shiba Verse coins and start making purchases in the Shibaverse Metaverse as soon as it is launched. 

If you still have any queries or doubts in your head then feel free to ask us in the comments section below. We will reply to you as soon as possible. If you found this article informative and helpful, share it with your friends. 

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