How to Buy Shiba Inu Coin on Coinbase
Here is a step-by-step guide on how to buy Shiba Inu coin on Coinbase. And we have provided extra information to help you out if you want to use other trusted platforms to buy, hold and sell cryptocurrencies.
Shiba Inu has gathered renown in this new era and is an online cryptocurrency. By knowing how to purchase Shiba Inu in Coinbase, you can earn money on this platform.
Disclosure: There are some affiliate links below and I receive commissions for purchases made through links in this post. You do not pay any extra for this.
Get Started Here: I signed up on Coinbase over 3 years ago and still use it to trade Bitcoin and other cryptocurrencies. Click here to open a free account, and if you spend more than $100 in your first 180 days, you get a $10 bonus!
What is Shiba Inu Coin?
Shiba Inu is the world largest cryptocurrency exchange after Binance. Shiba Inu coin is a token of ERC-20 that uses smart-contract technology. It depends on the Ethereum blockchain that is the world most expensive and popular online currency. Its purpose is to preserve the tenets of cryptocurrency decentralization. It will prevent the exploiting control of authorized banks and hackers. The founder of the Shiba Inu coin is Ryoshi and, he explains that it is a safe and secure blockchain and prevents monopolizing controls. Ethereum has a 50% share of the Shiba Inu blockchain that makes it more authoritative.
This article is for educational purposes only and it is not financial advice. Investments can go down and up so always do your own research before investing money.
Platforms for Buying SHIBA Inu Coin:
Several cryptocurrency exchange platforms are available for buying a SHIB. These platforms are the following;
- Coinbase
- KuCoin
- Klever
- Binance
- UnisWap
- Atomic Wallet
But here, we will discuss only two platforms for buying a SHIB. These platforms are Coinbase and KuCoin.
Method for Buying a Shiba Inu on Coinbase:
By using this online market place you can buy a Shiba Inu coin on Coinbase by the following method –
- First of all, make your trading account and, you have to log in to your Coinbase account.
- You will search your portfolio and click on deposit on the top right corner of your portfolio.
- You will see currency exchange options and exchange your SHIB with other currencies like USD.
- Then you can select two options for funding your Coinbase Pro account.
- These options are Bank transfer and Wire transfer. You have to choose one of them at your convenience and make a deposit by clicking on the Bank account option.
- You have to move on to the withdraw option and give input for buying SHIB. The buying of SHIB depends on your budget.
- You have to select the buy option under the order form and select a trading option. You will choose a trading market and exchange option in SHIB-USD. You will buy SHIB in the amount field.
- You can place a buy order as the last option of your account and, you have to select it for SHIB purchasing.
- After that, you will buy your first SHIB securely and you can see it in the ‘Assets’ tab when the transaction is confirmed.
Get Started Here: I signed up on Coinbase over 3 years ago and still use it to trade Bitcoin and other cryptocurrencies. Click here to open a free account, and if you spend more than $100 in your first 180 days, you get a $10 bonus!
Below is a screenshot of an email that Coinbase sent to me. You can see that they pay me some crypto every 3 days:
Relating To How to Buy Shiba Inu Coin on Coinbase:
- How to Use Coinbase to Make Money
- How to Make Fast Money on Coinbase?
- Coinbase Tax Documents
- Is Coinbase Legitimate?
What is Coinbase?
Coinbase is the largest Cryptocurrency business platform that leads the world to trade without monopolization. This platform has millions of verified users that invest in it for trading. Coinbase has 180-billion-dollar assets and, its trading asset is up to $462.5B. It has 2150 employees to ensure its efficacy across the world. The company has a mission for economic freedom around the globe. In 2012, the only trading on cryptocurrency was Bitcoin. But due to its increased demand, it spreads its network for crypto markets. Now it has become a leading platform for trade all over the world.
Method for Buying SHIBS Inu Coin on KuCoin:
There is an easy way to buy SHIB on KuCoin. This process includes the following steps –
- First of all, log in to your KuCoin account after registration.
- You will see an option at the top-left corner of your portfolio for buying Crypto. You can click on it. Then you will see two more options for debit or credit cards. You have to select one of them.
- You will see an option for spending USD under the I want to spend.
- You have to select the USDT for buying SHIB by clicking on the drop-down menu.
- Then you have to select the payment for purchasing the SHIB and click the confirm button for ending the payment process.
USDT Exchange for Shiba Inu Coin:
After a few moments, you will see your USDT in your portfolio and, you can access it by going to your main account.
After that, you will click on the transfer option to USDT for your trading account.
You have to go to your trading account and confirm your USDT here.
You will click on the market option for exchanging the USDT with the Shiba Inu coin.
You have to search for a trading pair of SHIB-USD into the search bar of your account.
You have to put in a strong password before going to the next.
After that, you will select the market option for trading.
You will see a Buy SHIB portion with a 100% button. You have to select it to ensure that your USDT is exchanging into SHIB. A custom amount preference option is also available in the amount section.
You have to click on the buy button for finishing the process. You will get your SHIB in no time.
Quick Access for Buying Shiba Inu Coin:
Registration on your swapping account.
For this, your personal information and account information are necessary to fulfil the account creation criteria.
Opening of your exchange account.
For this, a personal password and email are necessary for verification of your account.
You can also go to another option of a decentralized exchange instead of a centralized method. In it, your asset base on Ethereum.
Buying of a crypto wallet.
You can buy a crypto wallet according to your need. But it is not necessary at all.
Utilization of method for exchange:
For this, you can choose two options, centralized exchange or decentralized exchange. But your asset base on Binance in a centralized exchange method.
It is an optional opportunity. If you need a crypto wallet, you can buy it. But it is not always necessary for exchange.
Purchasing of a Cryptocurrency.
You can purchase by connecting your bank account to exchangeable cryptocurrency. You have to search for SHIB and select it for booking an order.
Conclusion:
The economic world is under the shade of cryptocurrency in this new epoch. You can use several crypto platforms for exchanging your wallet. Shiba Inu has the same opportunities for exchanging money with other crypto platforms. It will make our business and trade more accessible for everyone. In this way, the world can become a crypto-economic forum for easy access. Shiba Inu exchanging and buying process is simple and easy. But it gives us more protection in the cryptocurrency world.
By reading this article, you can access your trading account and feel more confident about how to buy Shiba Inu coin on Coinbase. Finally, protects yourself and make sure that you do your full research before investing in Shiba Inu.