My opinion on Shiba Inu Coin
Shiba Inu Coin: Who doesn’t like this crypto currency? If I speak my mind, I like Shiba Inu Coin very much. I have a lot of reasons to like it, it’s a very low price. I like the pictures of the logo very much.
Images shiba inu coin.
Perhaps I liked the wrong crypto coins. Because there are many things which we should pay attention to. Whenever we buy crypto currency. If we want to buy crypto currency then we need an exchange through which we can buy.
Shiba Inu Coin Details
| Category | Payments |
| Launched | August 2020 |
| Usage | Meme Entertainment |
| Founder | Ryoshi (Anonymous) |
| Blockchain Protocol | Ethereum |
| Market Cap | $18,805,293,583 (volatile) |
| Total Supply | 589,534,086,491,242 |
| Consensus Method | Proof of Stake |
How to buy shiba inu coin from any exchange step by step
Open an account
Just like we have to open an account to become a member or partner of any website, the same happens on cryptocurrency exchanges too. We must Sign up for an account on the chosen exchange. You can easily give the referral code given below on the signup form.
You may need to provide some personal information. Your name, mail and password. If you have been successful in signing up then you can login now.
Complete your KYC
It is very important to complete KYC you or ReKYC. Every exchange same KYC process.
PAN Card
PAN Card – Permanent Account Number . This is the first and most important thing, if you want to buy any cryptocurrency, along with Shiba Inu Coin, you will have to have a PAN card. Exchange confirm your identity and ensure a secure transaction experience helps with PAN Card. Crypto exchanges ask for your PAN card for many reasons.
Address Proof
You can provide either your Aadhaar Card or any others. Address proof helps the exchange to verify your current address. If you want that nothing goes wrong then you will have to provide the correct details document. Otherwise your KYC verify may get rejected.
Latest Selfie
Finally you will have to take a selfie, as per the exchange rules. This is a quick and easy step that adds an extra layer of security.
Connect your bank details
You must be link your bank details. You have to provide such bank account details so that in future you can easily buy and sell crypto. If you do it from another bank account, you will be charged for the exchange.
Finally you can buy easily Shiba inu coin from crypto exchanges .
Deposit Funds
Before buying, you have to keep the amount you want to buy in your crypto exchanges. Now you have to deposit your money on crypto exchange. You can usually deposit funds using bank transfers, UPI (Right now, many crypto exchanges unavailable UPI) , or other cryptocurrencies.
Search SHIB
Once your account is funded, look for the Shiba Inu coin trading pair. It is commonly traded INR or other money exchange format like USDT.
Swipe to Buy
Decide on the amount of Shiba Inu coin you want to buy and place an order on the exchange. Now you can see Instant order or limit order. Enter your INR amount or Shib coin amount . Remember minimum recommended to Buy Rs100.
After your purchase
After your order gets executed, the Shiba Inu coins will be credited to your exchange wallet. I will suggest you please add 2FA or Pass Code. It helps secure your crypto from unauthorized selling.
Here is a list of some Indian exchanges.
Be Aware
You can go and try out for yourself. You can buy your favorite crypto currency by paying just Rs 100. Before creating your account with any exchange, you have to read its terms and conditions, disclaimer and other policies carefully. You must be read . Look for a reputable most secure cryptocurrency exchange that supports Shiba Inu coin. Here is a some popular exchanges where you can buy Shiba Inu coin.
Coindcx
You can easily purchase this app which I liked the most.
| Relased Year | 9 Dec , 2020 |
| Total Review | 3.8 (2L) |
| Total Downloads | 1 Cr+ |
Another interesting thing is that Coindcx keeps giving you offer from time to time. Right Now, here is a exclusive offers with limited period.
Hey, I will inviting you to ride the crypto wave and trade on CoinDCX, make your first trade worth at least ₹2500 and we will both win a mystery box worth up to ₹10,000! You can trade on Spot with 500+ tokens & Futures with up to 20x leverage on over 130+ pairs ! Code – oEie
Wazirx
To me, this seems to be the most secure because it is Wazirx own token.
| Release Year | 7 March 2018 |
| Total Review | 4.0 (6 Lakh) |
| Total Download | 1 Cr+ |
Must be remembered Wazrix provide lowest withdrawal fee in india. Currency option WRX, USDT, and BTC Crypto Markets. Peer to peer p2p crypto engine with high liquidity.
Coinswitch
By downloading Coinswitch you will get some crypto amount for free. This is the best thing to download Coinswitch.
| Relased Year | 31 May, 2020 |
| Total Review | 4.3 (5 Lakh) |
| Total Download | 1 Cr+ |
You will get FREE BITCOIN worth Rs. 50 on downloading the CoinSwitch app using my referral link. Join me and 2 Crores+ traders who are trading in 100s of crypto. Hurry, maybe this offers limited period. Code – epKF
Some things before investing
Research before Investing. Consider the fees charged by the exchang.Including market volatility and regulatory changes.Attachments with Highly Risk.
Some thoughts about Shiba Inu Coin
Shiba Inu coin is a decentralized cryptocurrency inspired by the Shiba Inu dog breed and popularized as the “Dogecoin Killer.” The coin operates on the Ethereum blockchain, utilizing the ERC-20 token standard. The price and value of Shiba Inu coin are highly volatile, subject to market speculation and sentiment. Means if you one Shiba inu coin today Rs 0.0000001 maybe tomorrow Rs 0.01 or maybe after some 2 years value Rs 0.000000001 .
Again i will say, always Remember before investing – cryptocurrency investments come with highly risks, including market volatility and regulatory changes. Make sure you understand these risks before investing.
Read more blog – How much monthly installment will you have to pay in a 1 lakh.
Thank you for reading. Hope we will learn something valuable .