If you want to get your hands on some Shiba Inu (SHIB) tokens, Binance is currently the most popular exchange to do so. Here’s a step-by-step guide on how to buy SHIB on Binance.
Before you can start trading on Binance, you first need to set up an account. To do this, head over to the Binance website and click on the ‘Register’ button in the top right-hand corner.
Enter your email address and create a strong password, then click on the ‘Create Account’ button. You will then be sent an email to verify your account – simply click on the link in the email and you will be taken back to the Binance website where you can log in.
Once you are logged in, click on the ‘Funds’ tab at the top of the screen and then select ‘Deposits’ from the drop-down menu. This will take you to a page where you can see all of the different cryptocurrencies that you can deposit into your Binance account.
Find ‘USDT’ in the list and click on it – this is Tether, a stablecoin that is pegged to the US dollar. You will then be shown your unique Tether deposit address.
Next, log into your Coinbase account (or whichever cryptocurrency exchange you are using) and select ‘Send/Receive’ from the menu. Enter your Tether deposit address into the recipient field and select the amount of USDT that you want to send across to Binance.
NOTE: WARNING: Binance is a cryptocurrency exchange and it is important to understand the risks associated with trading cryptocurrencies. Before buying, selling, or trading Shiba Usdt on Binance, please familiarize yourself with the risks associated with cryptocurrency trading and ensure that you are comfortable taking them. Additionally, be aware that there may be legal restrictions in some countries related to the use of cryptocurrency exchanges. Please ensure that you comply with all applicable laws.
Then click on ‘Send Funds’ – it may take a few minutes for the transaction to be processed.
Once your USDT has arrived in your Binance account, it’s time to start trading! Go back to the ‘Funds’ tab and this time select ‘Exchange’ from the drop-down menu. On the following page, find ‘USDT/ETH’ in the list of trading pairs and click on it.
This will take you to a new page where you can place an order for SHIB tokens using USDT that you deposited earlier. To do this, make sure that ‘Limit’ is selected under ‘Order Type’, then enter how many SHIB tokens you want to buy in either USDT or ETH terms next to ‘Quantity’.
The amount of USDT or ETH that you spend will appear next to ‘Total’.
When you are happy with your order, click on the green ‘Buy SHIB/USDT’ button and your order will be placed! It may take a few minutes for your order to be filled – once it is, your SHIB tokens will appear in your Binance account balance and can be traded for other cryptocurrencies or withdrawn off of the exchange.
Congratulations – you have now bought SHIB tokens on Binance!.
8 Related Question Answers Found
Shiba Inu is a popular cryptocurrency that can be bought and sold on Binance. You can buy Shiba Inu with either fiat currency (USD, EUR, GBP, etc.
) or with another cryptocurrency. If you want to buy Shiba Inu with fiat currency, you will first need to create an account on Binance and deposit funds into your account.
As of March 2021, Binance does not offer the option to purchase Shiba Inu directly with fiat currency. However, Shiba Inu can be purchased with other cryptocurrencies on Binance. Shiba Inu is a popular cryptocurrency that has gained a lot of attention in recent months.
If you’re looking to get your hands on some Shiba Inu (SHIB) tokens, Binance is currently the best place to do so. The popular cryptocurrency exchange offers a variety of benefits for users, including low fees, a wide range of supported coins, and high liquidity. Here’s a step-by-step guide on how to buy SHIB on Binance:
1.
As of right now, Binance does not offer the option to buy SHIB directly with fiat currency. However, you can still buy SHIB on Binance with Bitcoin (BTC) or Tether (USDT). If you don’t already have BTC or USDT, you can first purchase either of those currencies with fiat currency on another exchange like Coinbase.
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.
If you’re looking to get your hands on some free Shiba Inu coin, there’s no better place to do it than Binance. One of the world’s leading cryptocurrency exchanges, Binance is home to a wide variety of digital assets, including Shiba Inu coin. And if you’re new to the world of cryptocurrency, don’t worry – Binance makes it easy to get started.
If you’re looking for a new furry friend, you may be wondering if you can buy a Shiba Inu on Binance US. The short answer is yes! You can purchase a Shiba Inu directly with US dollars on Binance US.
As of now, there is no way to buy Shiba directly on Binance US. However, there are still a few ways that users can get their hands on this relatively new cryptocurrency. The first and most obvious method would be to find a reliable exchange that offers Shiba trading pairs and then transferring your USD or other fiat currency into that account.
