Launched in 2020, Shiba Inu was quite similar to Bitcoin, where the true identity of the creator was never disclosed. But what exactly is a Shiba Inu? To put it simply, it is a direct competitor of Dogecoin as well as its altcoin. The Ethereum-based meme coin was created only to find out what it would be like to run a crypto completely community-driven.
According to the creator of the Shiba Inu, the power of decentralisation when combined with a sense of community can prove to be stronger than anything led by a centralised team.
The crypto space is full of volatility, and therefore, to determine if a coin is safe or not, you need to consider the utility of the given coin. However, SHIB is an altcoin that is run by its community. This translates to the fact that SHIB is solely dependent on the development of that very community. However, since it on ETH, shiba inu surpasses dogecoin in terms of utility.
The power of community has also been seen in the pressing request to add SHIB to the trading app, Robinhood.
If you are willing to know how to purchase shiba inu, you can easily do so by using one of the methods mentioned below. Here are the methods to buy shiba inu instantly:
SHIB can be accessed on various exchanges you can easily buy it with a credit card or debit card. In order to buy SHIB, create an account to verify your identity. Next, enter the funds, choose the method of payment, and purchase SHIB tokens.
It is also possible to purchase SHIB coin from peer-to-peer (P2P) marketplaces or through over-the-counter (OTC) trading. However, it's important to exercise caution when using these platforms, as they often lack the security and regulatory oversight provided by cryptocurrency exchanges.
If you decide to use a P2P marketor Over-the-counter trading platform to buy SHIB coin, be sure to thoroughly research the seller's reputation, read reviews, and only trade with users who have a high rating and good reviews. It's also recommended to use a trusted escrow service to help protect your transaction.
Now that you have an idea where to buy SHIB, let’s get to the part about knowing to buy SHIB with credit card. To buy shiba inu online with credit card, all you need to do is create an account your selected exchange that supports SHIB. Select the pair you want to invest in.
Next, add the crypto wallet address. Select the payment method as credit and simply purchase the coins to receive your SHIB. Following these steps will let you buy shiba inu with credit card instantly, without hassle.
If you are willing to learn how to buy shiba inu with debit card instantly, let me tell you that it is as easy as getting SHIB with credit card. The process is almost identical.
Simply select an exchange where SHIB is accessible to buy and sell and create an account with the necessary details. The next step would be selecting a particular fiat currency and SHIB pair, verifying your account, and choosing the payment method as a debit card. Finally, purchase your SHIB tokens, store it in the exchange account or your wallet. That’s it. That is how you buy SHIB debit card.
Now that you got an idea what SHIB is, whether it is a secure investment or not, and where and how to buy it, it is time to unveil what you can do after purchasing it. After your shiba inu token is in your account, you can either trade it for another crypto or simply stake it to earn profits passively. These are the two ways you can take advantage of your SHIB tokens.