Binance, Exchanges

Can I Buy Shib on Binance?

As of right now, there is no way to directly buy Shib on Binance. However, there is a workaround that allows you to indirectly purchase the token.

First, you will need to buy either Bitcoin (BTC) or Ethereum (ETH) on Binance using whichever fiat currency you have. Once you have purchased either BTC or ETH, you will then need to transfer it to an exchange that supports the direct purchase of Shib.

NOTE: Warning: Buying Shib tokens on Binance is not advised, as the tokens are not currently available for purchase. Investing in digital assets is highly speculative, and investors should be cautious before doing so. Please do your own research and consult a financial advisor before investing in any digital asset.

One such exchange is Uniswap, which can be accessed via the Metamask browser extension. Once you have transferred your BTC or ETH over to Uniswap, you will then be able to use it to directly purchase Shib tokens.

The above process may seem convoluted, but it is currently the only way to indirectly purchase Shib tokens on Binance. Hopefully in the future, Binance will add direct support for the token so that this workaround will no longer be necessary.

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