What is the Shiba Inu Coin?
Shiba Inu Coins ( SHIB ) is a cryptocurrency alternative to the meme coin DOGE, both inspired by the Shiba Inu dogs. SHIB is a fungible–ERC20–token created and hosted on the Ethereum Blockchain. The coin was made anonymously on August 2020. SHIB is “ an experiment in decentralize ad-lib community building. ” The original available sum was one quadrillion coins. But due to coin burn, mint handiness is reduced. presently, it has a full supply of 589.7 trillion with 549 trillion in circulation.
How to Buy Shiba Inu Coin
The Shiba Inu Coin is available in many decentralized exchanges such as UniSwap. however, in this article, we ’ ra focusing on apps and exchanges that are more accessible to the average investor. Before continuing, it ’ s essential to understand that investing in cryptocurrency is highly fickle. There is a high hazard of losing all of your investments. Due to the volatility, it ’ s not the best option for many. Consider your gamble allowance. With crypto exchanges, you ’ ll unwrap there are fees associated with each trade. however, some popular apps like Webull and Public do not charge a transaction fee, but other fees may apply. Depending on your interest, understanding, and gamble grade, one platform may serve you better than another. Welcome to the phroogal 5, a series of the five best apps. We ’ ve done the work to narrow down the best choices. Want more options ? Check the crypto marketplace .
Where to Buy Shiba Inu Coins? Best Apps
Find where to buy Shiba Inu coins in the United States below. The following are the best apps to buy, sell and hold $ SHIB to grow your crypto investments .
Webull Crypto: Best for active stock traders
Webull is an on-line brokerage house offer users access to the crypto grocery store. Easily buy and sell Shiba Inu coins with zero-commission fees and 24/7 trade handiness .
- Trade stocks, ETFs and cryptos in one place
- Real-time data
- Community chat feature
Minimum : $ 0
Transaction Fee : $ 0 Read the Webull Crypto Review. Bonus : New Crypto Traders Get $5 of SHIB
Public.com: Best for beginners
Public.com allows members to buy and sell Shiba Inu coins along with individual stocks, fractional shares, and ETFs .
- Community of investors to engage and chat
- Trading features like limit orders
- Crypto-focused lives to increase knwoeldge
Minimum : $ 1
Transaction Fees : $ 0 Read the Public.com Crypto review. Bonus : New users get $10 shares of stock
Crypto.com: Best for serious crypto investors
Crypto.com is a crypto exchange accessible via fluid app and on-line platform to buy and sell 90 cryptocurrencies, including Shiba Inu.
- Low fees on crypto trades
- Earn interest
- Use debit and credit card to buy Shiba
Minimum : $ 0
Transaction Fee : volume-based ; per transaction. Read the Crypto.com review .
Coinbase: Best for knowledge seekers
Coinbase is the largest cryptocurrency exchange offering 50+ cryptos to buy, sell, and manage your digital assets .
- Buy Shiba Inu coins by purchasing USD Coin first
- Low fees
- Receive rewards up to 14.5% on crypto assets
Minimum : $ 0
Transaction Fee : Varies Read the Coinbase recapitulation. Bonus : Get $5 of Bitcoin (BTC) for signing up.
Voyager: Best for crypto simplicity
Voyager is a crypto broker to buy and sell 60+ cryptocurrencies with zero-commission trades. The chopine gives you the potent tools you need to gain a competitive edge with advanced market data and interactional charts.
- Low account minimum and no trading fees
- Access to multiple cryptocurrency markets
- Immediate interest accruals
Minimum : $ 10
Transaction Fee : $ 0 Read the Voyager review. Bonus : Download the app and trade $100 to get $25 of free Bitcoin. Use Code : 4B63F075F
Why buy Shiba Inu Coins?
Shiba Inu coins are pretty volatile, and there is a greater hazard of losing all your investments. With that cognition, the hazard may besides lead to higher returns. If you ’ re looking to diversify your investments and have set aside money to make bets in the crypto market, the current SHIB prices may be a estimable entry point .
Is my Shiba Inu Coins insured?
Cryptocurrencies are not legal bid and act more like a store of value. Shiba Inu coins are not insured. additionally, the crypto exchanges do not insure your assets but make every undertake for heightened security in their platform.
Read more: Events Timeline
How high will Shiba Inu Coin grow?
As of this write, SHIB was trading at 0.00007175 after reaching its high of 0.00008845. No one can predict if SHIB will continue to increase in rate or decrease. There is a significant hazard the coin can become worthless. however, the # SHIBARMY is active in social media and forums. possibly, the community will continue to support the coin and foster its continue growth .
How to buy Shiba Inu Coin on Robinhood?
Can you buy Shiba Inu on Robinhood ? No, Robinhood does not offer Shiba Inu coins for trade on its platform. however, the current position may change. There is a prayer signed by over 400,000 people to have SHIB listed by Robinhood .