How to buy Shiba Inu

SHIB

Shiba Inu (SHIB) is an ERC-20 token that was designed to be an Ethereum-based competitor to Dogecoin. Its unique traits include a low per-unit price and high circulating supply. SHIB is also the native token for the ShibaSwap decentralized exchange. A major difference from other currencies is that while Bitcoin or Ethereum network-based currencies were designed to be scarce, SHIB is positioned as intentionally abundant. You can buy and sell SHIB for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade SHIB for BTC the same way you trade CAD for USD. You can also trade SHIB to CAD based on the SHIB price. To learn how to buy Shiba Inu / SHIB, scroll down to see how to buy Shiba Inu.

Shiba Inu was founded by an anonymous person or collective named Ryoshi in August 2020. One of its unique qualities include having an intentionally abundant supply (1 quadrillion) to justify a low price per unit and high circulation. Historically, one of the most prominent uses of this Ethereum-backed meme token contender to Dogecoin was for India’s Covid-relief fund. From the 50% that Ryoshi handed over to Ethereum co-founder Vitalik Butalin, SHIB was utilized for the largest crypto donation in history. Butalik then proceeded to burn 40% of its total supply to a dead wallet, ensuring its long-term success and stability. In this sense, it continues to be truly decentralized.

You may want to consider buying SHIB if you would like to:

Diversify your portfolio by introducing a variety of cryptocurrency assets

Provide liquidity, trade and stake your currency on ShibaSwap

Access upcoming NFTs and additional tools, such as portfolio trackers, to make navigating the crypto world simple and intuitive

Exchange it for cryptocurrencies such as Bitcoin to buy and sell goods online

Shiba Inu (SHIB)

All prices are in USD.

How to buy Shiba Inu

SHIB

Shiba Inu (SHIB) is an ERC-20 token that was designed to be an Ethereum-based competitor to Dogecoin. Its unique traits include a low per-unit price and high circulating supply. SHIB is also the native token for the ShibaSwap decentralized exchange. A major difference from other currencies is that while Bitcoin or Ethereum network-based currencies were designed to be scarce, SHIB is positioned as intentionally abundant. You can buy and sell SHIB for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade SHIB for BTC the same way you trade CAD for USD. You can also trade SHIB to CAD based on the SHIB price. To learn how to buy Shiba Inu / SHIB, scroll down to see how to buy Shiba Inu.

Here’s how to buy Shiba Inu on Quick Trade

Buying Shiba Inu is just like foreign exchange of traditional currencies like the Canadian Dollar, US Dollar, or Euro. You trade coins that you have – either a cryptocurrency or a dollar – for Shiba Inu, which trades as SHIB. Based on when you think you can get a good SHIB price, you should be able to trade SHIB to CAD.

To buy Shiba Inu, simply follow these steps:

1

Sign up for a Quick Trade account and verify your identity

This is the first step to buying SHIB. Verifying your identity helps us to properly connect your funds to your account.

2

Fund your account with Canadian Dollars

Funding is like putting gas into a car – it helps you get where you want to go.

3

After funding, select SHIB from the list on the trade section

Quick Trade lets you trade SHIB without leaving the app. You can also check the Shiba Inu stock price and convert SHIB to CAD on the platform.

4

Select a currency you’ve funded and use it to check the SHIB price

In the Quick Trade app, all currencies available to trade can be found in the drop down list.

5

Buy SHIB

Congratulations! You’re now the proud owner of SHIB. You can either HODL or use it to exchange SHIB to CAD. To the moon!

Shiba Inu was founded by an anonymous person or collective named Ryoshi in August 2020. One of its unique qualities include having an intentionally abundant supply (1 quadrillion) to justify a low price per unit and high circulation. Historically, one of the most prominent uses of this Ethereum-backed meme token contender to Dogecoin was for India’s Covid-relief fund. From the 50% that Ryoshi handed over to Ethereum co-founder Vitalik Butalin, SHIB was utilized for the largest crypto donation in history. Butalik then proceeded to burn 40% of its total supply to a dead wallet, ensuring its long-term success and stability. In this sense, it continues to be truly decentralized.

You may want to consider buying SHIB if you would like to:

Diversify your portfolio by introducing a variety of cryptocurrency assets

Provide liquidity, trade and stake your currency on ShibaSwap

Access upcoming NFTs and additional tools, such as portfolio trackers, to make navigating the crypto world simple and intuitive

Exchange it for cryptocurrencies such as Bitcoin to buy and sell goods online

Where do I keep my SHIB?

At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.

Ready to add SHIB to your portfolio?

Create your account, fund it with spare change and get a little bit of SHIB.

Sign Up & Buy SHIB

Prices and percentage changes are for information purposes only and in no way reflect Coinsquare Ltd.’s speculation of market direction. Past performance is not an indicator of future performance. Please find our Risk Disclosure statement here.