How To Buy Shiba Inu Coin On Coinbase?

If you want to buy the meme cryptocurrency Shiba Inu through the popular crypto-buying platform Coinbase but don’t know how to buy Shiba Inu coin on coinbase. You are searching all over the internet but can’t find the perfect solution to buy Shiba Inu on coinbase?

Do not worry here in this article, I’ll show you how you can buy SHIB on Coinbase and why people choose coinbase to buy Shiba Inu coins. Also, tells you the chart of Shiba Inu coin future price prediction. So, without wasting any more time let’s get started. 

What Is The Shiba Inu Coin (SHIB)?

Before learning how to buy Shiba Inu coin on coinbase you need to understand what is SHIB (Shiba Inu). This is basically a meme cryptocurrency based on the blockchain network and compatible with Ethereum. You can easily exchange ETH to SHIB.

Ryoshi and Shytoshi Kusama are the inventors of Shiba Inu meme crypto. They build a secure currency based on the meme dog name “Doge”. This crypto started as a meme and just for fun but surprisingly people love it and it grows in the blockchain network. Now currently Shiba Inu price is $0.00000678 per SHIB token.

How To Buy Shiba Inu Coin On Coinbase?

Now I’ll tell you How To Buy Shiba Inu Coin On Coinbase. So just follow these steps very carefully to buy SHIB coin easily. Don’t forget to research or take advice from a financial export before investing SHIB on Coinbase. 

Step 1

First, download the application from the Play Store/App Store (If you already installed and created an account on the Coinbase wallet then you can skip to Step 3.) Once you installed the application simply tap on the Sign-Up option and enter your Username, email, and password or you can directly sign up using your Google Account. 

Step 2

After that, enter all necessary details of your. Shortly Coinbase send you an email for verification. Simply verify your account through that email and open your Coinbase wallet to buy SHIB. 

Step 3

After creating an account on Coinbase, simply add some amounts to your coinbase account to buy SHIB coins. You can select your preferred payment method. Coinbase almost supports all popular payment methods. 

Step 4

Now you can start a trade for the SHIB in order to buy Shiba Inu coins. This is the most important step in learning how to buy Shiba Inu coin on coinbase. In the search bar of the Coinbase app enter SHIB. then click on the Shiba Inu trade option. Then wait to analyze the trading chart for a better position to buy and hold the Shiba inui coins.

Step 5

After finding a better position to buy the Shiba Inu coins, Just tap on the ‘Buy’ option. Then select your amount and the price target. Then simply pay with the amount that you add to your coinbase wallet in step 3.

Step 6

Once you have completed the payment, you’ll receive your Shiba Inu coins in your coinbase wallet. So, now you have successfully learned how to buy Shiba Inu coin on coinbase. 

Why Choose Coinbase To Buy SHIB (Shiba Inu)?

You got your answer to how to buy Shiba Inu coin on coinbase but why coinbase? Is the coinbase a legitimate platform to buy cryptocurrencies like Shiba Inu? So, here I’ll show you some top perks of Coinbase wallet to buy cryptocurrencies.

1. Massive Selection Of Cryptos

In coinbase, you are able to choose a variety of cryptocurrencies to buy. In the U.S. most crypto investors love Coinbase for its extensive selection of crypto. Coinbase has 240+ cryptocurrencies.

2. Easy-To-Use Interface

Undoubtedly it is a beginner-friendly crypto-investing platform. The simple features and easy-to-navigate interface are just amazing. However, there are many advanced tools that will help you to analyze a stock or while you take a trade on a crypto/stock.

3. Security

The security of the Coinbase wallet is out of the world. In this wallet application, they offer you a 2-factor authentication option and security keys (U2F). So, you can rely on its security do worry-free investing. 

4. Support All Platforms

You can use Coinbase on Android, IOS, and Windows devices. The app is super compatible with all mobile devices. Also, the sign-in process is very smooth and you can manage the security keys of your wallet on different devices.

Will Shiba Inu Coin Reach $1? Shiba Inu Price Prediction

You have learned how to buy Shiba Inu coin on coinbase, but do you think that it will reach $1 in the future? This meme coin was launched in 2020 and unexpectedly blew up. In 2021 the SHIB touched a $44 billion market cap. 

However, crypto investing firms are in a bearish position and have decreased their holding in crypto due to the government’s new laws and other economic factors. According to big crypto investors’ predictions here is the table of Shiba Inu coin’s future growth.

Conclusion

In the end, you got the answer to the question of how to buy Shiba Inu coin on coinbase, also I have shown some perks of using coinbase to buy Shiba Inu coins. However, it is not financial advice or promoting articles, so first consult with a financial expert or research and analyze the risk before buying or investing in any cryptocurrencies. If you have any questions regarding this article, you can ask me in the comment section.

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