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Which Exchange Is Suitable for Newbies to Buy SHIB to Get More Benefits?

2022-04-19 15:12:51
Where Can I Buy Shiba Inu Coins?
Nowadays, the Shiba Inu Coin has turned from the once ridiculed MEME cryptocurrency to the 15th largest cryptocurrency token. Its market capitalization is now $13.75 billion. Not only that, many people are bullish and are investing in the Shiba Inu coin, including some celebrities, corporate institutional investors, and some big Whales.

According to Whalestats data, the Shiba Inu coin is now the number one virtual currency in terms of tokens held by Whales, accounting for 15.17% of the total. What's more, many Whales are continuing to invest and buy Shiba Inu coin.

As you can see from the Whales and various celebrities' investments in the Shiba Inu coin, the potential for this token to rise in price is perhaps not insignificant. For newcomers to the cryptocurrency market, it is an investment opportunity that should not be missed. However, there are many digital currency exchanges in the market nowadays, how should you choose? And what are the differences between the exchanges?

Trading Price of Tokens
The trading price of cryptocurrencies also shows us the benefit that investors can get when they sell, and this is one of the most important segments for investors. However, the price is not the same on every exchange. At the time of writing, we can see that the current trading prices for Shiba Inu coins from several of the mainstream exchanges are:
Binance price is $0.00002493;
Gate.io price is $0.0000251;
Coinmarketcap price is $0.00002504.

From this, we can see that Shiba Inu coins are traded at a higher price in the international digital currency exchange Gate.io, which means that the benefits that will be obtained are larger. This is more beneficial for newbies to invest and sell.

Trading Fees
Each exchange incurs a fee when a holder sells or trades, and this fee varies depending on the exchange. The current transaction fees for three of the mainstream exchanges are as follows:
Binance Maker Fees: 0.02%; Taker Fees: 0.04
Gate.io Maker Fees: 0.025%; Taker Fees: 0.03%
Coinmarketcap Maker Fees: 0.50%; Taker Fees: 0.50%

We can thus see that out of three cryptocurrency exchanges, Gate.io has the lowest fees. This is also in the interest of optimizing the holders more fully.

In addition, Gate.io is also a top 10 international digital currency exchange with 1300+ cryptocurrencies, not only mainstream currencies but also more promising virtual currencies waiting to be discovered by you, giving you a step ahead of investment opportunities. A no-brainer for newcomers to investing in cryptocurrencies.
SHIB

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