To buy Shiba Inu, you will need to create an account on a crypto platform that offers SHIB. To save you from checking each platform individually, we’ve already shortlisted all the best platforms that offer Shiba Inu in this guide.
Below, you will find reviews of the platforms and a step-by-step guide to buying SHIB. We’ll also discuss what Shiba Inu is, whether it’s a good investment and everything else you need to know before making a purchase, from payment methods to storage options.
You can buy Shiba Inu using an online cryptocurrency exchange. This is the simplest way to buy and sell crypto—all you need is a computer or mobile device. Below are our top recommendations for platforms that offer Shiba Inu and simple step-by-step instructions to buy SHIB.
Start by finding a platform that offers SHIB and meets all your needs. The safest platforms are ones that are regulated and have strong security. The features provided and fees charged will vary from one platform to the next. Click on one of our top recommendations below to get started.
Click on the sign-up button and fill in some personal information on the registration form. Regulated platforms have a KYC process, so you will need to upload an image of your photo ID to prove your identity. Next, head over to the deposit page, choose one of the payment methods available in your country, and follow the instructions provided to make a deposit.
Look for the trading pair for SHIB and your local currency. If there isn’t one, you may have to buy another cryptocurrency first, such as BTC or USDT, which you can trade against SHIB. You can use a limit order if you want to buy SHIB once it reaches a certain price. Otherwise, create a market order, enter the amount, and click the buy button to purchase SHIB instantly.
Let’s take an in-depth look at some of the best and safest platforms that offer Shiba Inu.
eToro is the best platform for beginners and pros alike, as it is easy to navigate, provides a range of tools, and uses strong security features such as encryption and cold storage. You can add Shiba Inu to your watchlist to set up price alerts and analyze them using the data provided in the News, Stats, and Research tabs.
As a multi-asset platform, eToro allows you to do all your trading and investing in one place. You will have access to more than 70 other cryptocurrencies, as well as traditional instruments, like stocks, ETFs, and indices.
eToro stands out from other crypto platforms by virtue of its unique CopyTrader feature. You can view the profit margins and risk appetites of other traders, pick one or more that you want to copy, and automatically replicate their trades.
Due to the extremely low price of SHIB, it is traded on eToro in SHIBxM (1 SHIBxM = 1 million SHIB). You will need to deposit a minimum of $10, and you can use payment methods such as PayPal, Skrill, and Neteller, as well as the more common options. You can buy a minimum of $10 of SHIB for a fee of 1% plus spread.
Easy to use
Regulated and secure
Unique social investing features
Free demo account
Not available in some countries
Fewer cryptocurrencies than some competitors
The trading fees on Binance are some of the lowest available on the market, at just 0.1%—or less for those in a higher loyalty tier. Depending on your currency and payment method, it may also be possible to make deposits for free, while the methods that incur fees are typically under 2%.
Newcomers to crypto will find the simple buying process very accessible, as it enables you to buy SHIB with your balance or card in just a few clicks. What’s more, the Binance Academy provides explainers for all kinds of fundamental crypto, blockchain, and trading topics.
Experienced users will appreciate the advanced spot trading features, where you will find customizable charts, technical indicators, and different order types. You can also trade with margin and earn interest on your coins through flexible savings, staking, and providing liquidity.
Once you’ve created an account, you’ll need to make a minimum deposit of $10, using one of the payment methods available in your country. You can then place a spot order for a minimum of $10 of SHIB.
Very low trading fees
Advanced trading features
350+ other cryptocurrencies
Higher minimum deposit than some competitors
Coinbase is designed to be easy to use, whether you have any investing experience or not. Buying SHIB can be done in just a couple of clicks through the “Buy & Sell” button, and it’s simple to view the past performance of your portfolio in your dashboard.
Those who want to start small are well catered for on Coinbase, as the minimum purchase amount is just $2 worth of SHIB, or any of the 150+ other available coins. What’s more, it couldn’t be easier to set up a dollar cost averaging strategy with the recurring buys feature.
You’ll find tips, guides, and tutorials on Coinbase to help you better understand crypto and trading. You can even earn some free crypto while discovering new crypto projects in the Learning Rewards section. If you want to do more complex trading, you’ll find some more advanced trading features in the Trade tab.
With regulatory licenses, offline storage, and crypto-insurance, Coinbase is one of the safest crypto platforms around. You’ll need to deposit a minimum of $50 to get started, and the fees are just 0.6% when using the Trade tab. Instant purchases can incur significantly higher fees, however.
Low minimum trade size
Recurring buys feature
Licensed and secure
Some payment methods carry high fees
Minimum deposit is higher than some competitors
As a multi-asset platform, Bitpanda is a great place to build a diverse investment portfolio. In addition to SHIB, you can buy more than 200 other cryptocurrencies, as well as crypto indices, stocks, ETFs, metals, and commodities. You can even swap SHIB directly for other types of assets.
Bitpanda has acquired all the necessary licenses, is compliant with AML regulations, and keeps users’ assets secure in cold storage, making it a safe place to trade. The platform also has an excellent rating on Trustpilot.
You can set up recurring SHIB purchases with the Bitpanda savings plan, and you can even spend your SHIB with the Bitpanda Card. If you need any help using the platform, you can head over to the Helpdesk. There are also lots of educational materials in the Bitpanda Academy and blog.
The minimum deposit required to start trading is $25, and you can buy as little as €1 or $1.50 worth of SHIB. There is a 1.49% premium included in the quoted prices, and you can withdraw your SHIB to a private wallet for a fee of 750,000 SHIB.
Trade multiple types of assets
Low minimum order size
Variety of payment options
Fees for crypto deposits
Mostly unavailable outside of Europe
Contracts for difference provide a convenient way to profit from changes in the price of SHIB without needing to actually buy it and store it. Capital.com is well-established as one of the top CFD trading platforms.
As well as SHIB, you’ll find CFDs for over 6,000 assets, including 477 crypto pairs, stocks, indices, forex, and commodities. Advanced users will appreciate the opportunity to trade with leverage of up to 30x, as well as access to price alerts, client sentiment, over 70 technical indicators, and AI-powered post-trade analysis.
If you’re new to trading or CFDs, Capital.com provides online courses and trading guides, and you can use the Investmate app for free financial education. The platform also provides useful risk management tools, like negative balance protection, and you can even practice trading risk-free with the demo account.
There are more than 30 payment methods available, and the minimum deposit is $20. Capital.com doesn’t charge any commission or fees for deposits and withdrawals. There are variable overnight fees, and the spread for the SHIB/USD CFD is about 0.0000007.
Advanced trading tools
Demo account and educational resources
Risk management features
0% commission and no deposit/withdrawal fees
CFDs are high-risk instruments
Crypto CFDs aren’t available in the UK
Shiba Inu is an Ethereum-based meme coin inspired by the craze for canine cryptocurrencies such as Dogecoin. The project created ShibaSwap, a decentralized exchange (DEX) where users can SWAP tokens, as well as DIG (provide liquidity) and BURY (stake) them to earn returns. The platform also provides access to portfolio trackers and upcoming non-fungible tokens (NFTs).
Other parts of the project include the Shiba Inu Incubator, which supports artists from the Shiba Inu community, and an Amazon Smile campaign to help rescue Shiba Inu in the real world.
Shiba Inu has three project tokens, the first of which is SHIB. The token was created with a supply of 1 quadrillion, enabling investors to hold billions or even trillions of tokens. SHIB was designed to outpace Dogecoin in terms of growth, even if it never reaches $0.01, which earned it the nickname of the “Dogecoin killer”. SHIB coins can be swapped, staked, and used to provide liquidity on the ShibaSwap DEX.
The other two tokens in the Shiba Inu ecosystem are LEASH, which was originally a rebase token, and BONE, which functions as a governance token.
Find out more about the invention of the Shiba Inu coin and its benefits on our main What is SHIB? page.
The Shiba Inu coin was launched in August 2020 by the pseudonymous “Ryoshi”. The initial supply of SHIB was 1 quadrillion, half of which Ryoshi sent to Ethereum founder Vitalik Buterin. In May 2021, Buterin donated 10% of his SHIB holdings to charity and permanently destroyed the rest.
The LEASH token had been recently created at this point, and this was followed in July by the launch of the ShibaSwap DEX. In September 2021, the BONE token was launched to provide community members with governance rights.
Shiba Inu is expanding into the Metaverse with an NFT-powered virtual reality project. The introductory phase of SHIB: The Metaverse launched in April 2022, when some of the digital lands became available for sale.
The full launch of the Metaverse will be facilitated by the launch of Shibarium, a Layer-2 scaling network that will host the Shiba ecosystem and lower transaction fees for its users.
You can use a variety of different payment methods to purchase SHIB. Some of the most popular options are detailed below.
Cards are one of the most popular payment methods due to their convenience and broad acceptance. All the platforms listed in this guide accept cards, with the main disadvantage being the fees. Binance charges a 1.8% fee for card deposits, and instant card purchases on Coinbase can incur much higher fees. However, you can make card deposits for free on eToro and Capital.com.
Bank transfers are also fairly widely accepted and are often the cheapest deposit method. Bank deposits are free on Binance in a number of currencies and only cost £1 or €1 when depositing pounds or euros, respectively. You can also make free bank deposits on eToro and Capital.com.
Paying online is made quick and easy by digital wallet provider Skrill. It is not as widely accepted as the previous methods—Binance and Coinbase don’t accept Skrill, for example. But you can use Skrill to deposit for free on eToro or Capital.com, while Bitpanda also accepts Skrill for USD, GBP, EUR, and CHF deposits.
Neteller is an e-money transfer service with similar benefits to Skrill. Although you can’t make Neteller deposits on Coinbase or Binance, you can use Neteller to make free deposits on eToro and Capital.com, while Bitpanda accepts Neteller deposits for EUR, GBP, and CHF.
PayPal is a cheap, fast, and convenient way to make payments online, but unfortunately, it isn’t widely accepted by crypto platforms, especially outside of the US. If you want to use PayPal to make a deposit, you will need to sign up for eToro, where you can do so for free.
One of the easiest ways to buy SHIB is to use
, and the steps below will walk you through the process in detail.
Click the “Join Now” button on the eToro website and then complete the registration form by filling in your username, email address, and password. Agree to the terms and conditions by ticking the boxes and then click the “Create Account” button.
You will be emailed a link that you will need to click to verify your email address. The next step is to complete your profile by providing details such as your full name, date of birth, address, and previous investing experience. You may be asked to verify your identity at this point by uploading an image of a photo ID, like a passport or driving licence.
To fund your account, you will need to click on the “Deposit Funds” button and fill in how much you want to deposit. Select your local currency and your preferred payment method from the dropdown lists, and fill in any payment details required. When you’re ready, click the “Deposit” button.
Type SHIB into the search bar at the top and click on SHIBxM (1 SHIBxM is the equivalent of 1 million SHIB). Click the “Trade” button and switch to Order if you want to create a limit order to buy SHIB once it reaches a certain price. If you want to buy SHIB straight away, just enter an amount and click “Open Trade”.
You may decide to buy Shiba Inu just for a short period of time or hold onto it for the long term. Both approaches are popular with buyers, and you will need to consider your own skills and goals when deciding what course of action to take.
As you might have guessed, this strategy simply involves buying SHIB and holding onto it. You won’t have to spend time and effort monitoring the market, as this strategy can be profitable for people with minimal knowledge and skill.
While you’re holding onto your SHIB, you also have the opportunity to generate some extra income. You can stake your tokens or use them to provide liquidity through ShibaSwap to earn rewards.
Those with more time and skill may choose to trade SHIB, which involves buying and selling over shorter timeframes to take advantage of volatility. You may have to monitor the market more closely to identify the best entry and exit points.
Alternatively, you can trade derivatives of SHIB to potentially make a profit without actually owning SHIB. You can do this by trading CFDs on Capital.com, or by trading futures and options on Binance. Whether these products are available to you will depend on your location.
SHIB holders can also stake their tokens to earn rewards passively. You can do this on the ShibaSwap DEX with the “BURY” tool. You can also use a platform such as
to earn SHIB rewards.
Staking can be combined with a buy-and-hold strategy to generate some extra income from your long-term investment.
The best place to store your SHIB depends on factors such as how much you have and what you plan to do with it. The most popular crypto wallets are described below.
Web wallet: This is the most convenient wallet for small-scale investors and those who make regular trades. It is free to use, but also the most vulnerable to hacking, which is why using a secure and regulated platform is important. eToro, Coinbase, Binance, and Bitpanda all provide free web wallets where you can store SHIB.
Mobile wallet: You can download a mobile wallet for your smartphone, and they provide a convenient way to manage your SHIB from anywhere. The Shiba website recommends downloading a MetaMask wallet for your tokens, while Freewallet and Exodus also provide mobile wallets for SHIB.
Desktop wallet: Desktop wallets are similar to mobile wallets but are downloaded onto a desktop. There are desktop wallet versions of Exodus and Atomic that you can use to store your SHIB.
Hardware wallet: This is the most secure, albeit the most expensive, type of wallet, making it ideal for those who are holding a large amount of SHIB for a long time. Ledger, BitBox, and Trezor all provide hardware wallets that support Shiba Inu.
Paper wallet: You can use an online key generator to create a private and public key, and then write them down to create your paper wallet. However, this isn’t considered a safe way to store your SHIB.
You can use the Ledger hardware wallet in conjunction with the Ledger Live app, making it easy to manage your coins. Also, those who engage in both trading and investing may find it more convenient to use more than one type of wallet simultaneously. For example, you could hold some SHIB for the long term in a hardware wallet, while also keeping some SHIB in a web wallet where it is easier to trade.
This is for you to decide, but we can provide you with some information before you make your decision. Although the starting supply of SHIB was 1 quadrillion, half of this was sent to Ethereum co-founder Vitalik Buterin. He sent 10% of his SHIB holdings to charity, temporarily panicking and depressing the market, and then burned the rest. This huge reduction in supply could make SHIB more valuable.
The fact that SHIB crypto can be used to earn rewards on ShibaSwap creates demand for the token. Some of those rewards are time-locked, incentivizing SHIB holders to stake their tokens or provide liquidity with them for longer periods of time. This results in less SHIB available on the market, which could be good for its price.
The internet and hype are key factors for SHIB’s value. Early investors have seen astronomical returns as the token surged in popularity. Holders spreading the word and social media trends have the power to move the price of SHIB.
The smart contract functionality of the Shiba Inu project has enabled the development of applications such as the ShibaSwap DEX, and the launch of Shiba Inu’s Layer-2 scaling network, Shibarium, will make it much cheaper to build and use projects in the Shiba ecosystem.
One of the exciting projects that will be hosted on Shibarium is SHIB: The Metaverse, a virtual reality game powered by NFTs. SHIB can be used to purchase parcels of digital land in the metaverse, which could create more demand for the token and ultimately increase its value.
Shiba Inu has developed into a vibrant ecosystem with a large community. The utility of SHIB makes it much more than just a meme coin, and the passion of the “ShibArmy” could see Shiba Inu become a long-lasting and valuable project. The big question will be how Shib will hold up against all the other dog-themed cryptocurrencies.
The section above should help inform your decision about whether now is a good time to make a purchase, but there are a few other considerations, which we have detailed below.
When you send SHIB from one wallet to another, you will need to pay a fee. As SHIB is an ERC-20 token, SHIB transactions incur Ethereum gas fees, which can sometimes be quite high during busy periods. However, the launch of the Layer-2 network Shibarium should significantly reduce the fees.
If you buy SHIB on a platform, your platform may charge its own fees. There is often a fee for making deposits and/or withdrawals. You will also likely need to pay a trading fee or commission on each purchase or sale you make. Some platforms may charge other fees for things such as account management, inactivity, and overnight fees.
You should check the crypto regulations for your country before making an investment. In most countries, it is legal to buy cryptocurrencies like SHIB. However, their decentralized nature makes them difficult to regulate, and it is likely that you won’t have any protection or recourse to compensation if you lose money.
The price of SHIB is affected by a variety of factors, many of which we have already touched upon. Hype and social media attention can affect SHIB’s value, such as the spike in price that occurred after Buterin announced he had burned nearly half the supply.
The performance of the rest of the crypto market can also have an impact—SHIB surged to a new all-time high towards the end of 2021, when many other coins were also rallying during a major crypto bull run. Announcements, project developments, and the launch of applications that provide more utility for SHIB are other factors that can affect the token’s value.
SHIB has provided astronomical gains for investors in the past, and ongoing project developments and exciting upcoming projects could point to more price potential in the future. This is why many favor using a buy-and-hold strategy for SHIB. On the other hand, the significant volatility of SHIB’s price could also make it a profitable asset for traders.
Traders and short-term investors may aim to buy SHIB when its price is about to rise. When predicting what the price of SHIB will do next, it can be useful to develop technical analysis skills, such as studying indicators and trends on a price chart.
Understanding crypto market cycles is very important when anticipating price action. With the crypto market as a whole, we have seen a pattern of dramatic price surges followed by huge crashes, which repeat roughly every four years. Looking at the behavior of the rest of the crypto market, especially Bitcoin and Dogecoin, can help with predicting SHIB’s next move.
There are also a variety of events that could lead to a surge in interest and, therefore, price. For example, when Shiba Inu receives attention on social media or in the news due to a celebrity endorsement, an upgrade, or the launch of a new app. See our SHIB price prediction page to learn more about what drives SHIB price.
A regulated platform is the safest way to purchase SHIB, as they tend to have the best security, offering features like offline storage, data encryption, and sometimes insurance. If there are optional extra security steps, like two-factor authentication, you should always enable them.
Set up your account with a strong and unique password, and change it from time to time. You will need to be wary of potential crypto scams, such as phishing emails designed to look like they were sent by your platform. It is important that you never reveal your password to anyone.
Where you keep your SHIB is also crucial, as criminals could attempt to hack into valuable wallets. A hardware wallet is the most secure place to store SHIB, and you should never share your private key with anyone. You should keep your seed phrase somewhere safe in case you ever need to recover access to your wallet.
An alternative to buying SHIB on a regulated platform like the ones in this guide is to use a P2P exchange. This involves buying SHIB directly from another user, and it can be popular with people who want to remain anonymous.
The danger of this is that these platforms tend to be unregulated, and the lack of identity verification can attract criminals. If you get scammed and lose your money, you may not have any recourse to retrieve your funds.
P2P exchanges are sometimes less user-friendly than regulated platforms, and they also have fewer features, as they don’t tend to provide things like charts, asset custody, or staking opportunities. There are no fees for buying SHIB on a P2P exchange, but as the seller sets the price, you could still end up paying more.
Here is a summary of some of the most popular platforms and whether you can use them to purchase SHIB.
Yes. How to buy Shiba Inu on eToro is a straightforward process. Sign up with eToro, then verify your account in order to make a deposit. Once your account is funded, search for Shiba Inu and purchase the amount you would like.
Yes, here’s how to buy Shiba Inu on Coinbase. Register for a Coinbase account and verify your details by uploading a photo ID. Next, make a deposit using your preferred payment method, and search for Shiba Inu to buy some SHIB.
Yes. If you want to know how to buy Shiba Inu on Binance, just head over to Binance and sign up for an account. Verify your email address and identity, and then fund your account. Next, find Shiba Inu in the Markets section, and make your first purchase.
If you are in the US, here is how to buy Shiba Inu on Robinhood. Head over to their website and create an account to get started, then navigate to the Shiba Inu page to make a purchase.
Yes. If you want to know how to buy Shiba Inu on Trust Wallet, just download the Trust Wallet app and press the “Buy” button on the homepage. Search for SHIB, and follow the instructions to purchase some tokens.
Yes. If you’re wondering how to buy Shiba Inu on Crypto.com, you can either download the Crypto.com app or sign up for an account and then verify your identity. Next up, make a deposit, then search for the coin and make your first SHIB purchase.
Yes, but this isn’t recommended for beginners. Here’s how to buy Shiba Inu on Uniswap. First, register with eToro and verify your account, and then make a deposit. Next up, buy some ETH and withdraw it to a Web 3.0 wallet like MetaMask. Now, head over to Uniswap and connect your wallet by following the on-screen prompts. Finally, search for SHIB on Uniswap and swap your ETH for Shiba Inu tokens.
Yes. If you want to know how to buy Shiba Inu on MetaMask, you can either connect your wallet to a decentralized exchange or use the built-in swap feature.
Yes. Here is how to buy Shiba Inu on MoonPay. Go to the SHIB page on MoonPay, enter how much you want to buy and your wallet address, verify your basic information and fill in the details for your preferred payment method.
When is the best time to sell your SHIB could be affected by your strategy. Traders may decide when to sell based on signals they receive from technical indicators. Long-term investors, on the other hand, might decide to sell once they reach a certain profit margin.
You should find selling SHIB fairly easy as it doesn’t differ very much from the buying process. For instance, on eToro, go to your portfolio, select SHIBxM, and click the “Close” button. You can sell just some of your SHIB by ticking “Close only part of the trade”.
You may need to create a sell order to sell your SHIB on other platforms. You can use a limit order to set a price that you want to sell at automatically in the future or use a market order to sell immediately at the current price.
There is a very wide variety of NFTs available on Ethereum, from digital artwork to music to gaming items. When it comes to NFTs specific to the Shiba Inu project, the choice is much narrower as they are all Shiba Inu-related, but they likely hold more value for SHIB community members.
For example, the popular Shiboshi NFTs will have a role in the Shiba Metaverse and game, with the project lead suggesting that they could provide passive income for life. What’s more, the launch of the Layer-2 scaling network Shibarium will reduce fees and therefore make it cheaper to create and send NFTs with Shiba Inu.
"Don’t just buy cryptocurrencies that are “Trending” or have a lot of hype - do your own research and look out for coins which also have utility and are connected to upstanding projects."
Yang Lan Founder of Fiat24
There are clearly a lot of things to consider when it comes to buying SHIB, from payment methods and wallets to strategy and price prediction. One of the first decisions you will need to make, though, is where to buy it.
We believe eToro is the answer, as it is user-friendly, affordable, and beats the competition with regard to innovative social investing features. You can find a detailed step-by-step guide on how to use eToro earlier in this guide. Or simply click the button below to get started.
When deciding which platforms should make our list of the best places to buy SHIB, we have strict criteria and a testing process to ensure that we only provide our readers with the best recommendations and accurate information to help them make good investment decisions.
The things we test when evaluating platforms include the sign-up and deposit processes, coins and type of trading offered, user-friendliness, tools and features, speed and interface, fees, security, regulation, and customer support.
You can find out more on our How We Test and Why Trust Us pages.