How to Buy Shiba Inu | Buy SHIB in 4 Steps (September 2023)

Nicknamed the Dogecoin killer, Shiba Inu (SHIB) is an experiment in decentralized spontaneous community building. The token intends to use memes to become a viral sensation, Shibu’s anonymous development team has labeled the platform an “experiment in decentralized spontaneous community building.” They have billed the project as a viable alternative to Dogecoin.

To learn more about this project, visit our Investing in Shiba Inu guide.

We list the top 6 exchanges that offer the ability to buy Shiba Inu (SHIB) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).

1. eToro USA

This is a leading cryptocurrency exchange that has been operating since 2007 and is exclusively recommended for USA residents. They offer an unbeatable trading experience and have become popular for crypto trading.

eToro is registered with FinCEN in the USA as a money services business, which gives it a platform to expand its service offering within the US through its American entity, eToro USA LLC.

As you would expect eToro keeps you protected by using segregated bank accounts within top-tier financial institutions. This ensures that in the very unlikely event, that there were some financial issues at the broker, your funds would be fully protected. eToro also furthers this protection by providing negative balance protection as standard. This stops you from ever losing more money than you deposit in your trading account.

They offer trading opportunities for most USA residents, excluding the states of Hawaii, Minnesota, Nevada, New York, & Puerto Rico.

Read our eToro Review or visit eToro USA.

eToro Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

2. Uphold

Uphold – A top exchange in the United States, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies, including Shiba Inu (SHIB). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.

Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.

Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks, and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.

UK & European residents are prohibited.

Read our Uphold Review or visit Uphold.

Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong..

3. Paybis

Paybis is designed for simplicity and is an extremely trustworthy starting point for buying Shiba Inu (SHIB) and other cryptocurrencies.  This exchange has been operating since 2014 and has assisted numerous traders in beginning their crypto trading journey, offering the convenience of purchasing with just a credit or debit card.  Unlike other exchanges where you buy tokens from other users, with Paybis, you purchase directly from the exchange, making the process much simpler and smoother.

Paybis is a truly global company offering services to residents from 180+ countries, including Canada, Europe, UK, & USA.

The fees you will encounter here are good value and competitive with others in the sector, depending on the payment method you use.

FinCEN Department of the Treasury, United States of America Money Service Business Registration: 31000224635628.

Read our Paybis Review or visit Paybis.

4. KuCoin

KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading.  It now offers a varied range of services, including a P2P exchange capability, and purchasing with credit or debit cards.

KuCoin currently offers Shiba Inu (SHIB) cryptocurrency trading as well as over 300 other popular tokens.  It is often the first to offer buying opportunities for new tokens.

USA residents are prohibited.

Read our KuCoin Review or visit KuCoin.

5. Kraken

Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry, with over 9,000,000 users and over $207 billion in quarterly trading volume.

From humble beginnings, Kraken now offers over 200 digital assets, including Shiba Inu (SHIB). For more sophisticated investors, Kraken also offers futures and margin trading.

Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.

Kraken offers trading access to over 190 countries, including Australia, Canada, Europe, and is our most recommended exchange for USA residents. (Excluding New York & Washington state)

Read our Kraken Review or visit Kraken.

6. Gate.io

Established in 2013, Gate.io has grown into a reputable trading platform.  While it is not the most popular exchange, it provides users with an easy-to-use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins, including Shiba Inu (SHIB), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.

This exchange currently accepts Australian & UK residents.

USA & Canada residents are prohibited.

Read our Gate.io Review or visit Gate.io