How to buy SHIB

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

Step 1 – Signup to Kraken


You'll first need to buy units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and getting your Ethereum or Bitcoin.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader


Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. SHIBA INU (SHIB) is available on Binance, so we will use that as an example.


Make sure you've selected the exact coin you want to deposit.


BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate SHIBA INU (SHIB)


As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can commence purchasing and trading. To purchase SHIBA INU (SHIB) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.


In order to find SHIBA INU (SHIB), you will need to put the short name of the asset (mpg_coin-short) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we have marked this also. Click on “mpg_coin-short/BTC” to continue.

Step 4 – Purchasing SHIBA INU (SHIB)


After you have found SHIBA INU (SHIB), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to make our Limit Order.


The field with the “Price” tag will be filled with the most up-to-date valuation SHIBA INU (SHIB) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of mpg_coin-short you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of mpg_coin-short.

If you're happy, make a mouse click on “Buy mpg_coin-short”. Your order will be filled when a Vendor sells their mpg_coin-short for the price you submitted.

Step 5 – Withdraw SHIBA INU (SHIB)


Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an longer time frame. In order to withdraw your SHIBA INU (SHIB), hover over the ”Funds” tab and click on “Withdraw”. SHIBA INU (SHIB) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)


Locate SHIBA INU (SHIB) by using the provided drop-down box. Drop in the amount of SHIBA INU (SHIB) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address.


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

Kudos! You've successfully purchased and safed SHIBA INU (SHIB).


That's it!


Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off with Etherscan.io or Ethplorer.io and the SHIBA INU (SHIB) is stored inside your wallet, you are finished.