How to Buy Shiba Inu Online in 2024

Shiba Inu (SHIB) is one of the most popular “meme coins” on the crypto market and has been a source of tremendous gains for many investors. It has now evolved into its own ecosystem and is available for purchase on several platforms including eToro, Robinhood, and Eightcap.

In this guide, we will take a look at how to buy Shiba Inu, the best platforms to use to buy the meme token and the top wallets for storing your SHIB safely.

How to Buy Shiba Inu (SHIB): Quick Guide

1. Find an exchange: The first step is to find an exchange or trading platform that supports SHIB. Good option include eToro, Coinbase and Binance.
2. Create an account: After finding a reputable exchange, fill out the registration form to create an account. You will need to rpvodie your personal details as well as proof of ID.
3. Deposit funds into your account: Connect a payment method to your account and deposit enough funds to buy SHIB tokens. It is a good idea to start with the minimum deposit.
4. Search for SHIB: Use the explore feature to search for Shiba Inu or SHIB. Click ‘buy’ when the correct token appears in the search results. You will then be able to view price data and market insight that is relevant to the token.
5. Place an order: Fill out the order form, check the details of the order and then finalise the order by clicking ‘buy’. Your Shiba Inu will appear in your portfolio within minutes.

Once you have purchase SHIB, you will be able to send your tokens to an external wallet, trade your tokens or use your SHIB to access the Shiba Inu ecosystem.

Best Exchanges to Buy Shiba Inu Coin

There are many ways to buy Shiba Inu and so we have created a list of the top cryptocurrency platforms below to get you started in no time.

Coinbase	– User-friendly interface – Native crypto wallet – Earn interest on your crypto – Low account minimum	Beginners looking to trade large-cap coins.
eToro	– Access stocks and crypto in one place – Copy the trades of experts – Regulated by global bodies – Access Bitcoin Spot ETF	Investors who want to buy crypto and stocks.
Kraken	– Cold wallet storage – Trade with leverage up to 5x – Advanced traders can access – Kraken Pro with sophisticated trading tools – Over 200 cryptocurrencies available	Advanced traders who are interested in margin trading.
Crypto.com	– Excellent mobile app  – Users can receive trading discounts by holding CRO – Native decentralized wallet – Over 250 cryptocurrencies available	Traders who want to manage their portfolio on their mobile phones.
Binance	– Over 500 cryptocurrencies available – Extensive range of educational materials – Automated trading	Users who are looking to build a diverse portfolio with lots of different cryptos.

Best Platforms to Buy and Trade Shiba Inu

For those who are looking to trade the Shiba Inu coin, this section is worth reading before getting started.

Buy Shiba Inu Using Cryptocurrency Brokers – the Easiest Way

These platforms can be used to buy or trade SHIB and other cryptocurrencies.

Provider	Fee	Get Started
🥇 eToro	1%	Visit eToro
🥈Robinhood	0% (may vary by trade)	Visit Robinhood
🥉 Eightcap	0.1%	Visit Eightcap

eToro disclaimer: This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

eToro

eToro is a multi-asset brokerage platform that offers stocks, shares, cryptos, and more, including the Shiba Inu coin. There are various different features to take advantage of including social trading, charting tools, and demo accounts. If you’re getting started, eToro is a very good platform for buying Shiba Inu as a beginner.

Read our eToro review to learn more about it.

Robinhood

Robinhood is an online discount brokerage and trading platform that offers services for various financial products including cryptocurrencies. Many of the top cryptos are supported including Bitcoin, Ethereum, and Shiba Inu.

Read our Robinhood review to learn what we found.

Eightcap

Eightcap is a global CFD and forex broker that also offers cryptocurrency services. A number of different cryptocurrencies are available for trading and investment including Bitcoin and Shiba Inu coin.

Use our Eightcap review to make a better decision.

Buy Shiba Inu on Etoro: a step-by-step guide

What can I do with Shiba Inu coin?

Another critical thing to consider when researching how to buy a Shiba Inu coin is where you will hold the coin post-purchase. Since SHIB could be one of the best long-term crypto investments, it’s vital to set up a crypto wallet that can store your holdings safely for an extended period. Store your newly purchased Shiba Inu (SHIB) in your preferred wallet. We created a complete guide on the best Shiba Inu wallets so you can get all the information you may need after purchasing a Shiba Inu coin and find where to store the crypto asset.

Can I use my Bitcoin wallet to store Shiba Inu?

No. A Bitcoin wallet cannot support SHIB tokens. You can use a Coinbase Wallet or Trust Wallet instead.

SHIB is an ERC-20 token that can only be stored in the wallets supporting ERC-20 tokens.

Buy Shiba Inu Using CFDs – Best for Trading

Contract for Differences or CFDs allows traders to speculate on the price of Shiba Inu coins without owning the underlying asset. They also enable leveraged trading which can increase profits through higher risk.

Provider	Fee	Get Started
🥇 Eightcap	0.1%	Visit Eightcap
🥈 Capital.com	0%	Visit Capital.com

Eightcap

Eightcap is an online brokerage platform that offers crypto CFD trading on a number of different cryptocurrencies including Shiba Inu coin, and other meme coins such as Dogecoin (SHIB vs DOGE).

Capital.com

Capital.com is a popular CFD trading platform thanks to its high-speed technology and intuitive interfaces. As well as cryptocurrency CFDs like Shiba Inu, you’ll be able to trade CFDs on other markets, like shares, commodities, forex, and indices.

Buy Shiba Inu CFD on Eightcap: step-by-step guide

Buy Shiba Inu Using Cryptocurrency Apps – Most Convenient

Many platforms now offer crypto apps that you can download on your smartphone to trade on the go.

Provider	Fee	Get Started
🥇 eToro App	1%	Visit eToro
🥈 Robinhood App	0% (may vary by trade)	Visit Robinhood
🥉 Binance App	0.1%	Visit Binance

eToro disclaimer: This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Buy Shiba Inu on eToro App: a step-by-step guide

Buy Shiba Inu With Exchanges – the Cheapest Way

Crypto exchanges are marketplaces that allow traders to trade cryptocurrencies. Additionally, crypto exchanges allow users to buy digital assets using fiat currencies or other cryptocurrencies. For example, you can buy a Shiba Inu coin by depositing money from your debit card or by exchanging your existing Bitcoin (BTC) holdings. Shiba Inu is available on many major crypto exchanges. You can check out some cryptocurrency exchange options below:

Provider	Fee	Get Started Now
🥇 Binance	0.1%	Visit Binance
🥈 Coinbase	0% – 0.60%	Visit Coinbase
🥉 Gemini	1.49%	Visit Gemini

Buy Shiba Inu on Binance: a step-by-step guide

Buy Shiba Inu Using Decentralised Exchanges – the Non-traditional Way

Decentralized exchanges allow you to swap one cryptocurrency into another without needing to log in to multiple centralised crypto exchanges. You will require some Ethereum (ETH) to get started. This can be sent from an exchange to a wallet that you own.

Provider	Fee
🥇 Uniswap	Depends on network congestion.
🥈 PancakeSwap	Depends on network congestion.
🥉 SushiSwap	Depends on network congestion.
#4 ShibaSwap	Depends on network congestion.

Buy Shiba Inu on Uniswap: a step-by-step guide

Should You Buy Shiba Inu as CFD or Real Cryptocurrency?

Buying a CFD is a preferred method for beginners as it allows users to avoid the technical side of cryptocurrencies. This is because CFDs enable users to speculate on the price of a Shiba Inu coin or another coin price without owning the underlying asset. If you want to know more about CFDs, check our guide on Bitcoin CFDs.

For more advanced traders, crypto exchanges may be a more suitable choice to buy Shiba Inu coins.

How Does This Impact Tax?

You will be required to pay tax on the profits you make from buying Shiba Inu CFDs. Depending on the country of residence, the tax law may vary so please refer to the relevant authorities in your jurisdiction for the most up-to-date information.

Should I Use a CFD Or Buy Real Shiba Inu Tokens to Own?

Buying Shiba Inu with a CFD

Pros

Cons

• Can avoid technical side of crypto when buying SHIB
• Can use leverage to increase profits from trading SHIB tokens
• CFDs are very easy to use
• Can make money even if SHIB price falls

• Do not own Shiba inu token
• May not be able to withdraw SHIB tokens to a private wallet
• Can be liquidated if using leverage
• There may be a mark up on SHIB prices

Buying Real Shiba Inu

Pros

Cons

• Own Shiba Inu coins in your wallet for as long as you want
• Can withdraw SHIB to private wallet
• SHIB price determined by the market, not broker

• Shiba Inu brokers can be complicated for beginners
• Shiba Inu coins can be lost if sent to the wrong wallet
• May have to pay high transaction fees

Best Ways to Buy Shiba Inu

You might want to consider the payment method you use to buy Shiba Inu coins. Different payment methods will have advantages over the others. Here are the most convenient ways to buy Shiba Inu coins.

Buy Shiba Inu Instantly With a Bank Transfer – Fastest Way to Buy SHIB

If your chosen platform offers bank transfer deposits, you can use this method to make quick and easy purchases.

The process will be familiar if you have done online banking before so simply follow the onscreen instructions to get started.

Buy Shiba Inu with PayPal – Safest Way to Buy SHIB

PayPal is a popular online payment platform to buy Shiba Inu coins. If you would like to know how to buy Shiba Inu with PayPal, don’t worry, the process is very easy.

If you have an existing PayPal account, check to see if your brokerage/exchange offers this option in the payment section before buying the Shiba Inu coin.

Buy Shiba Inu Using a Debit Card

You can also use a debit card to buy Shiba Inu coins. This is one of the most convenient ways to buy as you can save your card details to speed up the process in future. What’s more, some platforms have a feature that enables you to make instant debit card purchases without depositing first. However, you should be warned that some platforms charge higher fees for debit card purchases.

Where to buy Shiba Inu with debit card

Debit cards are widely accepted by many brokers and exchanges. Here are some of the best platforms to buy Shiba Inu with debit card.

🥇 eToro	Free	Visit eToro
🥈 Coinbase	3.99%	Visit Coinbase
🥉 Kraken	3.75%	Visit Kraken

How to buy Shiba Inu with debit card

It’s pretty straightforward to buy SHIB with a debit card. Just follow these steps:

1. Click on a link in the table above to sign up to a platform that offers SHIB and accepts debit cards

2. Complete any verification process required by uploading an image of your photo ID

3. Go to the deposit page, choose debit card as the payment method, and enter how much you want to deposit

4. Go to the Shiba Inu page and click “Buy” or “Trade”

5. Enter the amount of SHIB you want to buy and confirm your purchase

Buy Shiba Inu Using a Credit Card

There are plenty of SHIB platforms that support credit cards, so you’ll have some choice in which to use. However, you could incur high fees for using a credit card on some platforms. On the plus side, it’s very easy, and you can even opt for an instant card purchase instead of depositing on some platforms.

Where to buy Shiba Inu with credit card

Credit cards are almost as widely accepted as debit cards. Below are some of the top platforms that enable buying SHIB with your credit cards

🥇 Coinbase	3.99%	Visit Coinbase
🥈 Kraken	3.75%	Visit Kraken
🥉 Binance	1.8%	Visit Binance

How to buy Shiba Inu with credit card

Credit cards are one of the easiest ways to buy SHIB. You can do so by following the steps below

1. Click on a link in the table above to sign up to a platform that offers SHIB and accepts credit cards

2. Complete any verification process required by uploading an image of your photo ID

3. Go to the deposit page, choose credit card as the payment method, and enter how much you want to deposit

4. Go to the Shiba Inu page and click “Buy” or “Trade”

5. Enter the amount of SHIB you want to buy and confirm your purchase

Best Way to Buy Shiba Inu in the UK and USA

Best Platforms to Buy Shiba Inu in the UK

Provider	Fee	Gest Started
🥇 eToro	1%	Visit eToro
🥈 Robinhood	0% (may vary by trade)	Visit Robinhood
🥉 Binance	0.1%	Visit Binance

In the UK, eToro is the best platform overall for beginners and more advanced users alike. eToro comes with beginner-friendly features such as CopyTrader as well as advanced charting tools for professional traders.

eToro disclaimer: This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Best Platforms to Buy Shiba Inu in the USA

Provider	Fee	Get Started
🥇 eToro	1%	Visit eToro
🥈 Robinhood	0% (may vary by trade)	Visit Robinhood
🥉 Binance	0.1%	Visit Binance

In the US, eToro is one of the top platforms to buy SHIB tokens. It is quick to get started with, very easy to use and understand, and is packed with features. If you’re looking for more advanced features, Binance might be a better choice.

eToro disclaimer: This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

What Are the Fees When Buying Shiba Inu?

Different platforms charge different fees for their services.

Here’s a breakdown of what that might look like with an example of a $1,000 position in the Shiba Inu coin.

Platform	eToro	Robinhood	Binance
Deposit fees	0%	0%	0%
Purchase fees	$10	0%	$1
Holding fees	0%	0%	0%
Selling Fees	$10	0%	$1
Payout fees	$5	0%	0%
Total fees	$25	0	$2

Cheapest Way to Buy SHIB

Here are the cheapest platforms that offer Shiba Inu markets.

Provider	Fee	Get Started
🥇 Robinhood	0% (may vary by trade)	Visit Robinhood
🥈 eToro	1%	Visit eToro
🥉 Binance	0.1%	Visit Binance

If you’re looking to buy SHIB with almost no fees, Robinhood is the best provider to use. However, if you’re looking for the best and simplest user experience with a slightly higher trading fee, we recommend using eToro.

eToro disclaimer: This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Should You Buy or Sell Shiba Inu? Pros and Cons

Before making an investment, it is worth looking at the pros and cons of the coin you are looking to purchase.

Here are some points to consider when it comes to buying or selling Shiba Inu coins.

Pros

Cons

• Well-known name and brand
• Can own many coins for low price
• Available on many different platforms

• Memecoins have a lot of competition
• Has limited utility
• May be too big to return huge returns now

Top Tips and Recommendations to Buy Shiba Inu Today

There are multiple ways to buy Shiba Inu coins and so it’s important to know which platform is best for your needs. Here are some things to consider:

Choosing the right Shiba Inu platform:

For Beginners: If you’re a beginner and want to buy a Shiba Inu coin, then eToro may be the platform for you due to its user-friendly features and intuitive design.

For Advanced: If you’re more advanced and looking to trade Shiba Inu and need advanced charting and other trading tools, then a cryptocurrency exchange such as Binance or KuCoin may be preferred.

Cryptocurrencies are Highly Volatile and the Shiba Inu Coin is no Different: Ensure you do your own research and only invest with money you can afford to lose.

Shiba Inu Has an Incredibly Large Supply: This means that you can buy many SHIB coins for very little money. It’s worth looking at the exchange rate to get a better understanding of what you are buying.

Do You Need to Pay Tax on Profits From Shiba Inu?

Yes, you do need to pay tax on profits from Shiba Inu coin. Cryptocurrencies such as Shiba Inu may be liable for taxes so ensure that you contact the relevant authorities in your jurisdiction to get the latest information.

Shiba Inu Price Prediction: What is the Future of SHIB?

Along with the wider market, SHIB has fallen considerably from its recent highs.

It now seems to be heading to the 0.00001650 level on the SHIB/USDT chart. If it is unable to hold this level, then the next likely level is at 0.00000750.

If the price of the Shiba Inu coin can consolidate at these levels, then it may soon start trending upwards again.

What Impacts the Price of Shiba Inu?

The price of the Shiba Inu coin is impacted by a number of factors.

Firstly, many coins on the market including SHIB are correlated with Bitcoin. As such when Bitcoin goes up, many altcoins follow suit and vice versa. Before trading SHIB, it’s important to have a look at the Bitcoin charts as well.

Secondly, if there is an important update regarding the project, then volatile prices may reflect the level of interest in said news.

It’s useful to follow official social media channels to keep up to date with the latest information.

Here are the official Shiba Inu pages on Twitter and Reddit.

Historical Shiba Inu Course: Important Milestones in the History of Shiba Inu

The chart below has outlined important events in the historical price action of SHIB.

Should You Hold Shiba Inu for the Long Term or Trade for the Short Term?

Whether you want to hold a Shiba Inu coin for the long term or short term is your personal preference.

If you’re interested in the Shiba Inu project and would like to be an early adopter, you might want to HODL if you believe there is a future. On the other hand, if you’re after making profits from trading, it might be best to stick to short-term holding and benefit from the price swings.

Regardless of your strategy, it is important to have a strategy in mind before investing, that way you can be better prepared in case something happens.

When is the Best Time to Buy Shiba Inu? Should I Buy It Now?

Shiba Inu is in a downtrend at the time of writing.

This means that it may continue to fall unless something drastic happens in the markets.

It may be worth building a position gradually, that way you can capitalize on potential price drops.

Shiba Inu Price Prediction 2024?

Shiba Inu’s future prediction offers interesting insights into the coin’s price trajectory. Forecasts indicate that Shiba Inu might reach a high price of $0.000017 by 2024.

Will Shiba Inu Reach $1 Cent by 2025?

Achieving a value of 1 cent would necessitate Shiba Inu to undergo a price increase by a factor of 1111. Considering a 50% burn rate and adhering to the current development strategies, it is projected that SHIB could reach $1 in 31 years. So, no, the Shiba Inu will not become a dime in value by 2025

Can Shib Reach $1 by 2030?

No, Shiba Inu will not be able to reach $1 by 2030. The circulating supply of Tokens is substantial, and no matter how many use cases are proposed, it is unlikely to sustain a price of $1.

Other Ways to Buy Shiba Inu in 2024

The above sections have listed all the ways it is possible to buy a Shiba Inu coin.

To recap, these include:

• Best SHIB brokers – eToro

• Top Shiba Inu exchanges – Binance

  
  

• Decentralized exchanges – UniSwap

The most convenient way for beginners to get started is through eToro.

How to Buy Shiba Inu Anonymously?

It is not possible to buy Shiba Inu anonymously as your ID is required during the signing process.

How to Buy Shiba Inu Without Registration?

Registration is a requirement before purchasing a Shiba Inu coin. There are a few DEXs that would allow you to buy SHIB without registration, however, you could still be identified via your wallet address.

How to Buy Shiba Inu Without Verification?

Same here, your ID is needed during the registration process. However, even though you don’t need to register on many decentralized exchanges, you still need to connect your wallet which can be easily traced and identified.

Key Information About the Shiba Inu?

Shiba Inu coin is one of the top “memecoins”, and is currently very popular amongst investors.

Coin name	Shiba Inu
Coin symbol	SHIB
Coin supply	549,146,987,315,505
Market cap	$11,094,664,619
Supply cap	1,000,000,000,000,000
Type of the coin	Meme Token

Is Shiba Inu a Risky or Safe Investment

Any investment carries risk and the Shiba Inu coin is no different. Cryptocurrencies are volatile assets and SHIB is prone to wide price fluctuations in both directions.

Since the Shiba Inu coin is a meme token, it has limited utility compared to other cryptocurrencies, and it’s important to know these facts before investing.

What Are the Shiba Inu Coin Alternatives?

Shiba Inu coin is not the only meme coin on the market, here are some others to keep in mind.

Is It Still Worth Investing in Shiba Inu or Not? Reasons to Buy SHIB in 2024

Shiba Inu coin is one of the most popular cryptocurrency meme tokens on the market. It started out as a clone of Dogecoin but has now grown to become an ecosystem of different platforms.

Before considering buying the Shiba Inu coin, it must be known that the SHIB token has fallen considerably from its peak in 2021 along with the wider global markets. It has remained in a downtrend ever since and now seems to be consolidating just above a support level.

With a current market capitalization of around $11 billion, it will take substantial amounts of money to push SHIB back up to the highs.

However, cryptocurrencies are unpredictable and no one knows exactly what will happen. So before considering buying the Shiba Inu coin, you should keep informed and read the most recent news and market trends.

As always, do your own research and only invest with money you can afford to lose.

Which Crypto Will Boom in 2024?

Bitcoin, the pioneering cryptocurrency, remains the most prominent and broadly embraced digital currency. With a robust expansion history, it is anticipated to sustain its growth trajectory in the foreseeable future. Some experts speculate that Bitcoin might achieve a value of $100,000 by 2024.

Which Crypto Can Give 1000X in 2024?

One of the top coins worth considering for a potential 10x to 1000x return in 2024 is Solana (SOL). Solana stands out as a rapid and scalable blockchain platform that has experienced notable expansion in recent months.

Related Content on Shiba Inu, Altcoins & Memecoins