How to buy SHIB

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

Step 1 – Join Kraken


You will first need to purchase one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and getting your Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader


Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. SHIBA INU (SHIB) is accessible on Binance, so we're going to use that as an sample.


Make sure you have chosen the correct coin you would like to deposit.


BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate SHIBA INU (SHIB)


Once your deposit has been approved, you will directly have access to your assets and you can commence purchasing and trading. To purchase SHIBA INU (SHIB) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.


To spot SHIBA INU (SHIB), you will need to put the cointype (mpg_coin-short) into the search-box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this also. Click on “mpg_coin-short/BTC” to go on.

Step 4 – Buy SHIBA INU (SHIB)


As soon as you have located SHIBA INU (SHIB), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're creating our Limit Order.


The field with the “Price” tag will be automatically filled with the most recent price SHIBA INU (SHIB) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of mpg_coin-short you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of mpg_coin-short.

When you are satisfied, click on “Buy mpg_coin-short”. Your plan will be filled when a Vendor trades their mpg_coin-short for the price you offered.

Step 5 – Withdraw SHIBA INU (SHIB)


Unless you're frequently trading, never keep your crypto coins on an Exchange for an extensive period of time. To withdraw your SHIBA INU (SHIB), hover over the ”Funds” tab and click on “Withdraw”. SHIBA INU (SHIB) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)


Find SHIBA INU (SHIB) by using the provided drop-down box. Enter the volumen of SHIBA INU (SHIB) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.


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

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


That's it!


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