How to buy SHIB

A Step-by-Step-Guide on how to buy SHIB (SHIBA INU)

Step 1 – Join Kraken


You'll first need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange


Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. SHIBA INU (SHIB) is accessible on Binance, so we will use that as an illustration.


Make sure you have selected the precise coin you want to deposit.


Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate SHIBA INU (SHIB)


Once your deposit has been affirmed, you will directly have access to your assets and you can launch purchasing and trading. To invest in SHIBA INU (SHIB) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”.


To spot SHIBA INU (SHIB), you'll need to insert the shortname of the coin (mpg_coin-short) into the search box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we've marked this too. Click on “mpg_coin-short/BTC” to continue.

Step 4 – Purchase SHIBA INU (SHIB)


Once you've found SHIBA INU (SHIB), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order.


The field with the “Price” tag will be automatically filled with the latest rate SHIBA INU (SHIB) was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of mpg_coin-short you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete amount of mpg_coin-short.

When you are happy, click on “Buy mpg_coin-short”. Your order will be filled as soon as a Vendor sells their mpg_coin-short for the price you offered.

Step 5 – Withdraw SHIBA INU (SHIB)


Unless you're regularly trading, you should never keepyour crypto on an Crypto Exchange for an extensive time period. To take off your SHIBA INU (SHIB), go to the tab called “Funds” and click on “Withdraw”. SHIBA INU (SHIB) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)


Locate SHIBA INU (SHIB) by using the given drop-down box. Enter the volumen of SHIBA INU (SHIB) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.


If you're happy, click “Submit”. You could be asked for email/phone verification ahead of a take off.

Congratulations! You've successfully bought and stored SHIBA INU (SHIB).


That's it!


Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the SHIBA INU (SHIB) is safe in your wallet, you're done.