Copy the address in its entirety and go to your wallet of choice. The address will be a string of numbers and letters(both lowercase and uppercase). The website will provide you with a deposit address for the cryptocurrency you selected. Enter the ticker ( BTC for Bitcoin, ETH for Ethereum) for the cryptocurrency you wish to deposit and select it from the drop-down menu. In order to make your deposit, go to the navigation bar at the top of the website and click Funds > Deposits.Ī search bar should appear on your screen. Note that only BUSD and USDT can be traded for SHIB on Binance. They both have trading pairs with the vast majority of cryptocurrencies listed on Binance and therefore give you the greatest amount of flexibility. The most convenient cryptocurrencies to deposit are Bitcoin (BTC) and Ethereum (ETH). How to buy Bitcoin (BTC) with a credit card on Binance ? 2. If you don’t own any cryptocurrency, you can get started by purchasing some BTC on Binance with a credit or debit card. No verification is required on Binance for withdrawals below 2 BTC per day, and the exchange also offers a mobile app for both iOS and Android devices. A major reason for Binance's popularity is its extensive selection of altcoins, which continues to grow with frequent additions. Register on Binanceīinance is one of the most widely used cryptocurrency exchanges in the world. Click on "Buy Crypto" on the top-left corner and click on "Credit/Debit Card.In order to buy SHIBA INU (SHIB) on Binance, you first need to open an account. Once you've made a KuCoin account, here's how to buy Shiba Inu.Ģ. I know this may sound complicated, but I can assure you that the process is super easy. Before you can get your hands on Shiba Inu, you'll need to purchase something called USDT (Tether). The easiest way to buy Shiba Inu coin is via the KuCoin exchange. We suggest purchasing Shiba Inu on KuCoin. There are several platforms where you can buy Shiba Inu, including Binance US, Robinhood, Gemini and Coinbase. After a tumultuous week, there's finally hope for Shiba Inu coin - the cryptocurrency dubbed "the Dogecoin killer." Where to buy Shiba Inu Burning tokens increases scarcity, and as a result, the price is likely to go up. On May 16, to SHIB holders' delight, Buterin announced that he burned 90% of his Shiba Inu coins, and planned to donate the remaining 10% to charity. Although Buterin's shocking act was for a good cause, it unnerved SHIB token holders. On May 12, Buterin announced that he sold $1 billion worth of SHIB tokens for charity. The problem with Buterin’s large SHIB ownership is that if he decides to sell his tokens, SHIB’s price will experience a severe plummet - and that's exactly what happened. Benzinga, however, believes Shiba’s team gifted Buterin the coins to make SHIB more scarce. You're probably wondering, "Why the hell would they do that?" The motive behind gifting Buterin Shiba tokens was not mentioned in the woofpaper, but according to Celebrity Net Worth, it was likely a publicity stunt. Interestingly, the woofpaper revealed that 50% of SHIB’s token supply was sent to Vitalik Buterin's wallet (Buterin is Ethereum’s founder). The woofpaper also delves into why SHIB runs on Ethereum, explaining that it is a secure, well-established blockchain that lets SHIB remain independent of moderating forces. "A community-run token is nothing without the united individuals who give it purpose." "We believe through the power of collective decentralization, we can build something stronger than a centralized team could create," SHIB's founder Ryoshi (psuedonym) said. banks and governmental bodies) from monopolizing control. Decentralization prevents authoritative institutions (e.g. How to buy Shiba Inu coin (Image credit: )Īfter perusing through Shiba Inu coin's 22-page white paper (the pun-loving author calls it a "woofpaper"), the meme token's main mission is to preserve one of the main tenets of cryptocurrency: decentralization.
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