How To Buy Shiba Inu Online in 2022
Shiba Inu (SHIB) is one of the most popular “memecoins” on the crypto market with and has been a source of tremendous gains for many investors. It has now evolved into its own ecosystem and is available for purchase on several platforms including eToro, Robinhood and Eightcap.
If you would like to learn more about how to buy Shiba Inu then this guide is for you.
Read on to find out all there is to know.
Best Exchanges to Buy Shiba Inu Coin
There are many ways to buy Shiba Inu and so we have created a list of the top cryptocurrency platforms below to get you started in no time.
Overall best way to buy Shiba Inu 2022
In this section we have outlined the best platform overall when it comes to buying Shiba Inu.
eToro is the best way to buy SHIB according to our review
Here’s a breakdown of our analysis.
💰 Trade Values: | CFDs, Cryptocurrencies, Commodities, Forex, Indices, |
📊Platforms: | Website, mobile app |
🏆 Demo Account Available: | Yes |
📺 Ease of use: | Very easy |
⭐ Our rating: | 4.9 / 5.0 |
📱 App Available: | iOS & Android |
🧩 Regulation: | CySec |
💰 Fees: | 0% commission on stocks. 1% on crypto assets. |
🔁 CFDs Available: | Yes |
⚽ Social Trading: | Yes |
Best platforms to buy and trade Shiba Inu
For those who are looking to trade Shiba Inu, this section is worth reading before getting started.
Buy Shiba Inu using cryptocurrency brokers - the easiest way
These platforms can be used to buy or trade SHIB and other cryptocurrencies.
Provider | Fee (1000EUR) | Get Started |
🥇 eToro | 1% | Start with eToro now |
🥈Robinhood | 0% (may vary by trade) | Start with Robinhood now |
🥉 Eightcap | 0.1% | Start with Eightcap now |
eToro
eToro is a multi-asset brokerage platform that offers stocks, shares, cryptos and more, including Shiba Inu coins. There are various different features to take advantage of including social trading, charting tools, demo accounts.
Robinhood
Robinhood is an online discount brokerage and trading platform that offers services for various financial products including cryptocurrencies. Many of the top cryptos are supported including Bitcoin, Ethereum and Shiba Inu.
Eightcap
Eightcap is a global CFD and forex broker that also offers cryptocurrency services. A number of different cryptocurrencies are available for trading and investment including Bitcoin and Shiba Inu.
Buy Shiba Inu on Etoro: step-by-step guide
Register for eToro account
Fund your account to buy SHIB
Find the Shiba Inu markets
Buy SHIB
Additional step: Send Shiba Inu to ERC-20 wallet
Can I use my Bitcoin wallet to store Shiba Inu?
No. A Bitcoin wallet cannot support SHIB tokens. You can use a Coinbase Wallet or Trust Wallet instead.
SHIB is an ERC-20 token which can only be stored in the wallets supporting ERC-20 tokens.
Buy Shiba Inu using CFDs - best for trading
Contract for Differences, or CFDs allow traders to speculate on the price of a coin without owning the underlying asset. They also enable leveraged trading which can increase profits through higher risk.
Provider | Fee (1000EUR) | Get Started |
🥇 eToro | 1% | Start with eToro now |
🥈 Eightcap | 0.1% | Start with Eightcap now |
🥉Capital.com | 0% | Start with Capital.com now |
eToro
eToro is a brokerage platform that offers cryptocurrency CFD trading for various cryptocurrencies including Shiba Inu. Its user-friendly interface makes it a platform of choice for beginners.
Eightcap
Eightcap is an online brokerage platform that offers crypto CFD trading on a number of different cryptocurrencies including Shiba Inu, and other memecoins such as Dogecoin.
Buy Shiba Inu CFD on eToro: step-by-step guide
Register for eToro CFD account
Fund your CFD account
Find the Shiba Inu markets
Buy SHIB CFD
Buy Shiba Inu using cryptocurrency apps - most convenient
Many platforms now offer apps that you can download on your smartphone to trade on the go.
Provider | Fee (1000EUR) | Get Started |
🥇 eToro App | 1% | Download now |
🥈 Robinhood App | 0% (may vary by trade) | Download now |
🥉 Binance App | 0.1% | Download now |
Buy Shiba Inu on eToro App: step-by-step guide
Download the eToro app
Register or sign-in
Find the Shiba Inu markets
Buy SHIB through the app
Buy Shiba Inu with exchanges - the cheapest way
Cryptocurrency exchanges allow users to buy digital assets using fiat currencies or other cryptocurrencies. For example, you can purchase Shiba Inu by depositing money from your debit card or by exchanging your existing Bitcoin (BTC) holdings.
Provider | Fee (1000EUR) | Get Started |
🥇 Binance | 0.1% | Start with Binance now |
🥈 Coinbase | 0% - 0.40% | Start with Coinbase now |
🥉 Gemini | 1.49% | Start with Gemini now |
Buy Shiba Inu on Binance: step-by-step guide
Register for Binance account
Fund your Binance account
Convert you fiat currency to USDT
Swap into Shiba Inu
Confirm the swap on BSCScan
Buy Shiba Inu using decentralised exchanges - the non-traditional way
Decentralized exchanges allow you to swap one cryptocurrency into another without needing to login to multiple centralised exchanges. You will require some Ethereum (ETH) to get started. This can be sent from an exchange to a wallet that you own.
Provider | Fee (1000EUR) | Get Started |
🥇 Uniswap | Depends on network congestion. | Get started now |
🥈 PancakeSwap | Depends on network congestion. | Get started now |
🥉 SushiSwap | Depends on network congestion. | Get started now |
#4 ShibaSwap | Depends on network congestion. | Get started now |
Buy Shiba Inu on Uniswap: step-by-step guide
Navigate to Uniswap and connect wallet
Choose your wallet, for example MetaMask
Find Shiba Inu Markets
Exchange Ethereum into Shiba Inu
Receive the tokens
Additional Step: Confirm the transaction using the blockchain explorer
Should you Buy Shiba Inu as CFD or real cryptocurrency?
Buying a CFD is a preferred method for beginners as it allows users to avoid the technical side of cryptocurrencies. This is because CFDs enable users to speculate on the price of a coin without owning the underlying asset. If you want to know more on CFDs, check our guide on Bitcoin CFDs.
For more advanced traders, cryptocurrency exchanges may be a more suitable choice.
How does this impact tax?
You will be required to pay tax on the profits you make from buying SHIB CFDs. Depending on the country of residence, the tax law may vary so please refer to the relevant authorities in your jurisdiction for the most up-to-date information.
Should I use a CFD or buy real Shiba Inu tokens to own?
Buying Shiba Inu with a CFD
Pros
Cons
Buying real Shiba Inu
Pros
Cons
Best ways to buy Shiba Inu
You might want to consider the payment method you use to buy Shiba Inu coins. Different payment methods will have advantages over the others. Here are the most convenient ways to buy Shiba Inu.
Buy Shiba Inu instantly with a bank transfer - Fastest way to buy SHIB
If your chosen platform offers bank transfer deposits, you can use this method to make quick and easy purchases.
The process will be familiar if you have done online banking before so simply follow the onscreen instructions to get started.
Buy Shiba Inu with PayPal - Safest Way to Buy SHIB
PayPal is a popular online payment platform.
If you have an existing PayPal account, check to see if your brokerage/exchange offers this option in the payment section.
Buy Shiba Inu using a debit card - Cheapest Way to Buy SHIB
You can also use a debit card to deposit money in your brokerage account.
Just select it on the drop down menu and enter your details.
Buy Shiba Inu using a credit card
Credit cards are among the most accepted payment methods on trading platforms.
Simply follow the onscreen instructions to deposit money into the platform and make your first Shiba Inu purchase.
Best way to buy Shiba Inu in the UK and USA
Best platforms to buy Shiba Inu in UK
Provider | Fee (1000EUR) | Get Started |
🥇 eToro | 1% | Get started now |
🥈 Robinhood | 0% (may vary by trade) | Get started now |
🥉 Binance | 0.1% | Get started now |
In the UK, eToro is the best platform overall for beginners and more advanced users alike. eToro comes with beginner-friendly features such as CopyTrade as well as advanced charting tools for professional traders.
Best platforms to buy Shiba Inu in USA
Provider | Fee (1000EUR) | Get Started |
🥇 eToro | 1% | Get started now |
🥈 Robinhood | 0% (may vary by trade) | Get started now |
🥉 Binance | 0.1% | Get started now |
In the US, eToro is one of the top platforms to buy SHIB tokens. It is quick to get started with, very easy to use and understand and is packed with features. If you’re looking for more advanced features, Binance might be a better choice.
What are the fees when buying Shiba Inu?
Different platforms charge different fees for their services.
Here’s a breakdown of what that might look like with an example of a €1,000 position in Shiba Inu.
Platform | eToro | Robinhood | Binance |
Deposit fees | 0% | 0% | 0% |
Purchase fees | 1% | 0% | 0.1% |
Holding fees | 0% | 0% | 0% |
Selling Fees | 1% | 0% | 0.1% |
Payout fees | $5 | 0% | 0% |
Total fees | 1% + $5 | 0% | 0.1% |
Cheapest way to buy SHIB
Here are the cheapest platforms that offer Shiba Inu markets.
Provider | Fee (1000EUR) | Get Started |
🥇 Robinhood | 0% (may vary by trade) | Get started now |
🥈 eToro | 1% | Get started now |
🥉 Binance | 0.1% | Get started now |
If you’re looking to buy SHIB with almost no fees, Robinhood is the best provider to use. However, if you’re looking for the best and simplest user experience with a slightly higher trading fee, we recommend using eToro.
Should you Buy or Sell Shiba Inu? Pros and cons
Before making an investment, it is worth looking at the pros and cons of the coin you are looking to purchase.
Here are some points to consider when it comes to Shiba Inu.
Pros
Cons
Top tips and recommendations to buy Shiba Inu
There are multiple ways to buy Shiba Inu and so it’s important to know which platform is best for your needs. Here are some things to consider:
Choosing between Shiba Inu broker and a CFD:
For beginners: If you’re a beginner and want to buy Shiba Inu coins, then eToro may be the platform for you due to its user-friendly features and intuitive design.
For advanced: If you’re more advanced and looking to trade Shiba Inu and need advanced charting and other trading tools, then a cryptocurrency exchange such as Binacne or KuCoin may be preferred.
Cryptocurrencies are highly volatile and Shiba Inu is no different. Ensure you do your own research and only invest with money you can afford to lose.
Shiba Inu has an incredibly large supply. This means that you can buy many SHIB coins for very little money. It’s worth looking at the exchange rate to get a better understanding of what you are buying.
Do you need to pay tax on profits from Shiba Inu?
Yes, you do need to pay tax on profits from Shiba Inu coins. Cryptocurrencies such as Shiba Inu may be liable for taxes so ensure that you contact the relevant authorities in your jurisdiction to get the latest information.
Shiba Inu price prediction: what is the future of SHIB?
Along with the wider market, SHIB has fallen considerably from its recent highs.
It now seems to be heading to the 0.00001650 level on the SHIB/USDT chart. If it is unable to hold this level, then the next likely level is at 0.00000750.
If the price can consolidate at these levels, then it may soon start trending upwards again.

What impacts Shiba Inu price?
The price of Shiba Inu is impacted by a number of factors.
Firstly, many coins on the market including SHIB are correlated with Bitcoin. As such when Bitcoin goes up, many altcoins follow suit and vice versa. Before trading SHIB, it’s important to have a look at the Bitcoin charts as well.
Secondly, if there is an important update regarding the project, then volatile prices may reflect the level of interest in said news.
It’s useful to follow the official social media channels to keep up to date with the latest information.
Here are the official Shiba Inu pages on Twitter and Reddit.
Historical Shiba Inu course: Important milestones in the history of Shiba Inu
The chart below has outlined important events in the historical price action of SHIB.

Should you hold Shiba Inu for the long term or trade for the short term?
Whether you want to hold Shiba Inu for the long term or short term is your personal preference.
If you’re interested in the Shiba Inu project and would like to be an early adopter, you might want to HODL if you believe there is a future. On the other hand, if you’re after making profits from trading, it might be best to stick to short-term holding and benefit from the price swings.
Regardless of your strategy, it is important to have a strategy in mind before investing, that way you can be better prepared in case something happens.
When is the best time to buy Shiba Inu? Should I buy it now?
Shiba Inu is in a downtrend at the time of writing.
This means that it may continue to fall unless something drastic happens in the markets.
It may be worth building a position gradually, that way you can capitalize on potential price drops.
Other ways to buy Shiba Inu in 2022
The above sections have listed all the ways it is possible to buy Shiba Inu.
To recap, these include:
Best SHIB brokers - eToro
Top Shiba Inu exchanges - Binance
Decentralized exchanges - UniSwap
The most convenient way for beginners to get started is through eToro.
Buy Shiba Inu shares & stocks
Can you Buy Shiba Inu offline?
Can you mine Shiba Inu?
Use a Shiba Inu faucet
Stake Shiba Inu
Shiba Inu DEX - ShibaSwap
Can I Receive Shiba Inu as a tip or a gift (same as with Dogecoin)?
Can I spend Shiba Inu?
How to buy Shiba Inu anonymously?
It is not possible to buy Shiba Inu anonymously as your ID is required during the signing process.
How to buy Shiba Inu without registration?
Registration is a requirement before purchasing Shiba Inu. There are a fe DEXs that would allow you to buy SHIB without registration, however you could still be identified via your wallet address.
How to buy Shiba Inu without verification?
Same here, your ID is needed during the registration process. However, even though you don't need to register on many decentralized exchanges, you still need to connect your wallet which can be easily traced and identified.
How to sell Shiba Inu in 2022? Step-by-step guide using eToro.
When you are ready to close your position in Shiba Inu, these are the steps to follow:
Click on portfolio in the top right corner and here you will see all your open positions
Scroll down to find your positon in Shiba Inu.
Click on the small cross and confirm that you want to close your trade
Once completed, the fiat currency you used to purchase such as USD or GBP will be returned to your account balance along with any profits you may have earned.
Key information about the Shiba Inu?
Shiba Inu is one of the top "memecoins", and is currently very popular amongst investors.
Coin name | Shiba Inu |
Coin symbol | SHIB |
Coin supply | 549,146,987,315,505 |
Market cap | $11,094,664,619 |
Supply cap | 1,000,000,000,000,000 |
Type of the coin | Meme Token |
Is Shiba Inu is a risky or safe investment
Any investment carries risk and Shiba Inu is no different. Cryptocurrencies are volatile assets and SHIB is prone to wide price fluctuations in both directions.
Since Shiba Inu is a meme token, it has limited utility compared to other cryptocurrencies and its important to know these facts before investing.
What are the Shiba Inu coin alternatives?
Shiba Inu is not the only meme token on the market, here are some others to keep in mind.
Coin | Symbol | Learn how to buy |
Dogecoin | DOGE | Buy DOGE |
Floki Inu | FLOKI | Buy FLOKI |
Dogelon Mars | ELON | Buy ELON |
SafeMoon | SAFEMOON | Buy SAFEMOON |
Is it still worth investing in Shiba Inu or not? Reasons to buy SHIB in 2022
Shiba Inu is one of the most popular cryptocurrency meme tokens on the market.
It started out as a clone of Dogecoin but has now grown to become an ecosystem of different platforms.
The SHIB token has fallen considerably from its peak in 2021 along with the wider global markets. It has remained in a downtrend ever since and now seems to be consolidating just above a support level.
With a current market capitalization of around $11 billion, it will take substantial amounts of money to push this coin back up to the highs.
However, cryptocurrencies are unpredictable and no one knows exactly what will happen.
As always, do your own research and only invest with money you can afford to lose.
FAQs
Can I buy and sell Shiba Inu coin in any country?
Is there a limit to how many Shiba Inu coins I can buy?
Where can I buy and sell Shiba Inu without an ID in 2022?
Can I buy and sell Shiba Inu Instantly?
What Is Shiba Inu (SHIB)?
How does Shiba Inu (SHIB) work?
What is the best platform to buy Shiba Inu?
Will Shiba Inu go to the moon in 2022?
Can Shiba Inu reach 1 Cent, 1 Dollar or 1 Euro?
Is it worth investing in Shiba Inu right now in 2022?
Will Shiba Inu continue to increase in value?
Do I need a Shiba Inu wallet?
Can you store Shiba Inu on Metamask?
How many Shiba Inu coins are there?
Can you buy Shiba Inu on Binance? Is it worth it?
Can I buy Shiba Inu on Crypto.com? Is it worth it?
Can I pay with Shiba inu?
How do I find Shiba Inu on an exchange?
Can you mine Shiba Inu using an app?
Does Shiba Inu have its own blockchain?
Is Shiba Inu ERC20 token?
What is a meme coin?
What caused the Shiba Inu price to skyrocket?
Where can I find more Shiba Inu news?
Has SHIB been audited?
