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How and Where to Buy Shiba Inu(SHIB)

2021-05-11 02:48:05Read:118800

If you are looking for the next Dogecoin while it is still less than 1 cent USD, Shiba Inu coin may be right for your needs. You better jump in soon! Read below to find out how!

What is Shiba Inu?
According to SHIBA INU, the reasoning behind the creation of SHIBA is that Shibas constantly forget where they bury their treasure. The website proclaims "Many doggie wars have been waged over precious treasure and delicious goodies."

Key question
What’s the financial draw of Shiba Inu?
Shiba Inu is a fraction of a penny per coin and has already grown thousands of percent. The Shiba Token creators are advertising that SHIB can outpace DOGE in a short amount of time. In fact, they are so confident in the success of SHIB that they are readying another meme crypto called BONE.
Currently, SHIB is being ranked #14 on Coinmarketcap and has surged almost 183% in the last 24 hours.

Today’s SHIBA price

Where can I buy SHIBA coin?
As of 2021, Gate.io is the very first mainstream blockchain asset trading platform that offers audited proof of 100% collateral, and it's also SHIB's third-largest trading platform in the world.

Unlike other main cryptocurrencies, SHIB cannot be directly purchased with fiat money. However, You can still easily buy this coin by first buying Bitcoin or USDT and then transfer to Gate.io exchange.

How to buy SHIBA coin on gate.io

1.Create an account on Gate.io
Get instantly verified with Gate.io’s streamlined verification process

First, you will need to fund your Gate.io with the mainstream cryptocurrency of your choice account. Once your account is funded, you can head over to the exchange and purchase SHIBA, that's it. After you start trading on Gate.io, automatic VIP discounts, based on your trading volumes will reduce the fees to the lowest in the industry.
Check our fee schedule

3.Invest in SHIBA
On Gate.io you may trade SHIBA with Margin accounts and Quantitative strategies. You may also deal with SHIBA derivatives such as Perpetual contracts.

ps:If you are new to this you need to understand that cryptocurrency trading is risky and it is your responsibility to manage your risk accordingly. We will request personal information when signing up as part of our KYC process, much the same way that a bank would ask when you open an account with them.

What can I do with SHIB?

Gate.io provides a leveraged service that enables you to get a much larger exposure to the market. Leveraged products, such as SHIB up to 3X leverage magnify your potential profit but also your potential loss.

2.Quantitative trading
Gate.io offers a quantitative trading platform that allows investors to trade SHIB or any other cryptocurrency with mathematical tools. Besides using built-in strategies, you can also design your own quantitative trading strategies.

3.Perpetual contract
SHIB Perpetual contracts are available on Gate.io now. A perpetual contract is a futures contract without an expiration date or settlement. A perpetual contract is an ideal tool for hedging the risk of the underlying asset while making profits with the right expectations.

As a trader, you can borrow SHIB, to short it, or borrow USDT to long it. For holders, you can lend your SHIB, to margin traders to earn interest on your holdings.
The Gate.io lending market is a peer-to-peer market where all the loans and borrowings are made between users. Gate.io does not participate in lending or borrowing.

You can also
1.Use as a Store of Value: Investors are using SHIB as a store of value
2.Pay for Goods and Services: Use it as a currency to buy and sell goods and services on Tpay and other platforms
3.Tipping users on social media: Reward content creators for their great online creations
4.Better understand cryptocurrencies: Experiment with cryptocurrency without taking a large financial risk

Store/Hold SHIBA
Do you view cryptocurrency investments as a long-term type of a deal? If that’s the case, you can buy SHIBA and then store it securely at gate.io exchange or Gate.io Hardware Wallet S1. Doing so, you will be rest assured that your coins are safe, and will be waiting for you once you decide to sell or trade them.
Check our security solutions
Start trading SHIBA!

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.

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Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.

Gate.io Team
May 11, 2021

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