SHIBA INU (SHIB) is the memes related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 11 based on market capitalization on CoinMarketCap, with a market capitalization of 13435639567 recorded at the time of writing. SHIB has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in SHIBA INU. They wish to invest or purchase SHIBA INU (SHIB), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing SHIBA INU. Regardless of your location, Bitrue can provide you with a simple and secure way to buy SHIB.
Where and how to buy SHIBA INU
When it comes to purchasing SHIBA INU (SHIB), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy SHIBA INU in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased SHIB will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy SHIBA INU (SHIB) through Bitrue.
Alternative methods to acquire SHIBA INU
Apart from directly buying SHIBA INU (SHIB), what are the alternative methods to acquire SHIBA INU ?
Fixed Auto-Investment in SHIB
Regularly invest a fixed amount at scheduled intervals in SHIBA INU (SHIB) digital assets, enjoying both short-term returns and long-term benefits.
Staking SHIB
Flexible staking of SHIBA INU (SHIB) digital assets to earn interest or high returns in other cryptocurrencies.
Get SHIBA INU (SHIB) for free
If you have enough time, you can obtain SHIBA INU for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free SHIBA INU (SHIB).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free SHIBA INU.
- All cryptocurrency airdrops and rewards can be exchanged for SHIB through coin-to-coin exchange or spot trading.
How to keep your SHIBA INU safe and secure
Once you have purchased SHIBA INU, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store SHIBA INU and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain SHIBA INU wallets, you also have the option to store SHIBA INU (SHIB) separately in a personal encrypted wallet. This wallet serves to keep your SHIBA INU secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your SHIBA INU, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your SHIBA INU encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
How many SHIBA INU are there in total?
The total supply of SHIBA INU is 589,534,086,491,242 and the Circulating Supply is 589,289,410,812,691 .
Why are people buying SHIBA INU?
People buy SHIBA INU for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, SHIBA INU serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing SHIBA INU include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy SHIBA INU?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase SHIB.
Should I buy SHIBA INU?
Deciding whether to buy SHIBA INU depends on individual financial goals, risk tolerance, and understanding of the digital asset market. SHIBA INU investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying SHIBA INU (SHIB) may be a suitable investment choice. However, remember that all investments come with risks.
What are the fees for buying SHIBA INU?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies
here.
How to use Apple Pay to buy SHIB?
Currently, Bitrue does not support purchasing SHIB or adding fiat currency using Apple Pay.
How to use Google Pay to buy SHIB?
Currently, Bitrue does not support purchasing SHIB or adding fiat currency using Google Pay.
How to use Paypal to buy SHIB?
Currently, Bitrue does not support purchasing SHIB or adding fiat currency using Paypal.
What can I do with SHIBA INU?
You can use SHIBA INU to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my SHIBA INU?
If your Bitrue wallet does not hold SHIBA INU, you need to deposit SHIB into your Bitrue account. If you already have SHIB, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of SHIB you want to sell, select the selling price, confirm the sell order, and once your SHIB is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.