Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Shiba Inu (SHIB) in 3 Steps

Buy SHIB, the "Dogecoin killer", on the world's most popular cryptocurrency exchanges

Crypto.com App

Crypto.com App logo
  • Buy crypto at true cost with the lowest fees
  • Buy, sell, and manage 100+ cryptoassets, and track 200+ coins
  • Earn up to 14.5% p.a. on interest, paid weekly. T&Cs apply
Go to site

Shiba Inu (SHIB) is a dog-based memecoin listed on many popular cryptocurrency exchanges.

How to buy SHIB

Due to Shiba Inu's massive popularity in 2021, it is simple to buy Shiba Inu on several of the world's most popular cryptocurrency exchanges. Exchanges such as Coinbase, Binance and Crypto.com each offer the ability to buy SHIB. The process to buy SHIB on any one of these exchanges is more or less the same, and can be broken down into 3 steps.

Step 1: Choose where to buy SHIB

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

156
cryptocurrencies

Buy 100+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, POLi, Osko, PayID
AUD, NZD

276
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Binance Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 20+ more

314
cryptocurrencies

New users earn up to USD $500 in bonus rewards on qualified deposits and trades. Valid till 31 December 2021. T&Cs apply.
Finder Exclusive: Get 10% discount on your fees when signing up through Finder.
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: As of September 2019, US-based users can only trade USD on the American dollar onramp of Binance, Binance.US.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

453
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gemini Cryptocurrency Exchange
Bank transfer (ACH), Debit card, Wire transfer
USD, AUD, CAD, EUR, GBP, SGD, HKD, COP

63
cryptocurrencies

Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

863
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Paybis Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Neteller, Skrill, Apple Pay
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

32
cryptocurrencies

Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
AAX Cryptocurrency Exchange
AAX Cryptocurrency Exchange
Alipay, Bank transfer, Cash, Neteller, PayPal, Qiwi, SWIFT, WeChat, Western Union, UPI, IMPS, Paytm, Faster Payments (FPS), PayNow, Swish, Payme
AUD, CAD, CNH, CHF, EUR, GBP, HKD, NZD, SGD, USD

110
cryptocurrencies

Make fast transactions including spot, futures and P2P trading with this cryptocurrency exchange.
Coinbase Digital Currency Exchange
Bank transfer (ACH)
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN & 10+ more

75
cryptocurrencies

Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
loading

Compare up to 4 providers

Note: Most exchanges require you to complete a Know Your Customer (KYC) process in order to purchase any cryptocurrency. This is typically the case with regulated exchanges.

Step 2: Fund your account

Cryptocurrency exchanges will allow you to fund your account with fiat currencies such as EUR, AUD, USD and CAD. After your account has been funded, you will be able to purchase Shiba Inu (SHIB). Additionally, exchanges provide multiple ways to fund your account with fiat currency. Methods range from wire transfer to SWIFT and credit card purchases. Check out the deposit methods for the exchange that you decide to use to buy SHIB.

Note: Purchases using credit cards have higher fees than other deposit methods. Double-checking the fees associated with the deposit method can save you money when you decide to fund your account to purchase SHIB.

Step 3: Buy SHIB

The process for buying SHIB is similar to buying any other cryptocurrency listed on exchanges. You will either be given an "instant buy" option or an exchange interface for trading currencies. The instant buy option is much easier for newcomers to understand, as it simply requires you to enter the amount of fiat currency you wish to spend and the currency you wish to buy. The exchange interface gives you much more control over orders and will typically charge you less fees than the instant buy option.

Note: Be sure to double-check the transaction details. Details worth checking are the amount of SHIB you will be buying and the fees associated with the transaction.

The risks of buying SHIB:

  1. Shiba Inu (SHIB) is an ERC20 token created on the Ethereum network. In order to use Shiba Inu for its intended use case (transactions, currency, charity, DeFi), fees must be paid in ETH. While fees are still high for transacting on Ethereum, sending ERC20 tokens such as SHIB is relatively expensive (USD$15+ for a single transaction).
  2. Shiba Inu was created in August 2020, so it is a relatively young coin. Because of this, early investors have had the opportunity to become quite rich due to their ability to acquire large percentages of the total supply. This skewed coin distribution creates an ideal set-up for a "rug pull". Large bag holders may dump their tokens on the market, leaving later market participants to hold their coins at a loss.
  3. Shiba Inu falls into the category of being a memecoin. The price of SHIB is only as resilient as the hype and the attention it is getting on social media. When the hype and attention goes away, so does the price momentum.

Keeping SHIB safe in a wallet

After purchasing any cryptocurrency, you may want to move it into a wallet you control for long-term safekeeping. Since SHIB is an ERC20 token, it can be stored in any wallet capable of storing ETH, such as MetaMask (browser wallet) or Trezor (hardware wallet). Check out our page on Shiba Inu wallets for more information on how to keep your SHIB safe in a cryptocurrency wallet.

Frequently asked questions about buying SHIB

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

More guides on Finder

  • Best Shiba Inu (SHIB) wallets

    Shiba Inu (SHIB) is an ERC20 token that can be stored in any Ethereum wallet. Pick a SHIB wallet for long-term storage, short-term trading, or both.

  • Dogecoin vs Shiba Inu

    We dive into the two most prominent meme coins to understand their similarities and differences, and to compare them on supply and other features.

  • Bitcoin ETFs guide

    Bitcoin ETFs sound simple, but come in many different forms. We unpack how they work, what makes them different and compare exchanges that let you trade them.

  • Solana (SOL) price prediction 2021

    Your guide to what to expect for the price of Solana (SOL) in the weeks and months ahead.

  • How to stake Tron

    Find out how to stake your TRX tokens and how Tron’s delegated proof-of-stake consensus mechanism works.

  • How to buy Illuvium (ILV) in New Zealand

    This guide will show you step-by-step instructions on how to buy the Illuvium (ILV) token as well as a list of exchanges you can trade it on.

  • How to stake and earn AAVE

    Find out how to leverage AAVE token holdings to earn interest. Stake in the Aave safety module or provide liquidity to a DeFi protocol.

  • How to stake NEO

    NEO staking involves locking up NEO tokens to earn rewards.

  • How to stake and earn Tezos (XTZ)

    Find out how to leverage XTZ token holdings to earn interest. Stake in the Tezos blockchain or provide liquidity to a DeFi protocol.

  • How to stake Avalanche

    Learn how to stake AVAX tokens and earn rewards by supporting the Avalanche blockchain.

Go to site