Shiba Inu is the second largest meme token by market capitalization. Created as a joke coin like Dogecoin, it has evolved to provide use cases that make it more useful in the real world.
Even when the token didn’t have any use cases, speculators have used it to earn massive profits.
Currently, the project has adopted new strategies to make it more valuable, including a token burn program that regularly removes tokens from circulation. There is also the Sbibarium project which is expected to make Shiba Inu a greater project.
The project is a Layer 2 blockchain network built for Shiba Inu on the Ethereum network. This will bring into relevance other crypto tokens for the Shiba Inu project, including BONE, LEASH, and TREAT.
If you’re looking for meme tokens to buy for future profits, SHIB is definitely one you should consider, and the following are the best crypto exchanges you can use to buy.
eToro
eToro allows everyone to gain access to the cryptocurrency world. You can use it to buy SHIB and other crypto assets of your choice without stress because of its simple design. The exchange is also big on security with features such as encryption and cold storage which keeps users’ funds securely offline.
You may choose not to buy SHIB instantly, but add it to a price watchlist so that you can be notified when it reaches the price at which you wish to buy. You can also trade the token for 70 other cryptocurrencies.
eToro is well recognized for its social trading features which allows beginners to copy the trades of pros and profit while perfecting their trading skills in the process. With just $10, you can buy your SHIB on eToro using other cryptocurrencies or fiat.
Binance
There are many options when it comes to buying SHIB, but Binance is one of the best. You will enjoy lower fees than on most platforms, and also enjoy the deep liquidity on the platform that allows you to trade your SHIB for any other asset.
The exchange is easy to use, but also provides advanced tools for pro traders. You can also access it on your mobile phone, not just the web. Deposit methods include bank transfer, debit/credit cards, and you can buy directly with your local currency via peer-to-peer trading.
A minimum of $10 is required to buy SHIB, which is low enough for anyone to start their investing journey right away.
Coinbase
Another excellent platform to use for buying your SHIB is Coinbase. It is one exchange that Beginners find very appealing because of its simple design which makes it easy to navigate and buy assets without any hassle.
There are hundreds of other supported assets on the platform that you can use to swap SHIB with. With as little as $2, you can buy your first SHIB and start profiting from the market. The exchange also has a staking feature that pays users rewards through the Coinbase Earn program.
Coinbase’s fees are however significantly higher than other platforms on this list. If you don’t see a problem with that, it is a great place to start. You can make deposits using bank transfer which is free, or using debit and credit cards.
Bybit
Bybit allows you to easily access the crypto market via its easy to use derivatives trading platform. You can buy SHIB on this platform with nothing but a few clicks. Several options exist for buying SHIB, including the use of debit and credit cards which you can use to buy SHIB instantly.
There are over 700 supported assets on the exchange that you can also buy or trade with SHIB. Bybit’s fees are also low, just like Bainance which charges as low as 0.1%. As it is a global exchange, you can access it from any part of the world.
