Where and How to Buy Shiba Inu Coin (SHIB)

Where and How to Buy Shiba Inu Coin (SHIB)
Nov 28, 2021 0
Where and How to Buy Shiba Inu Coin (SHIB)

Shiba Inu is with no doubt one of the most popular meme coins in the crypto market. 

Founded in 2020 and based on Ethereum, this crypto was designed to overtake Dogecoin - that’s why it is also known as the Dogecoin Killer

Even if it is so popular, it is not possible to buy SHIB anywhere: for this reason, we want to provide you with a list of exchanges where you can buy Shiba Inu. 

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We will also give you info about some specific DeFi and CeFi exchanges that allow you to buy SHIB in specific countries. 

At the time of writing, Shiba Inu (SHIB) is traded at almost $0.00004, has a market capitalization of about 21 billion US dollars and it’s the 13th crypto according to CoinMarketCap.

Where and How to Buy Shiba Inu Coin (SHIB)

In this section you will find a list of 15 popular centralized and decentralized cryptocurrency exchanges where you can buy SHIB. 

Even if they can be used in many countries, not all users are allowed.

1. Freewallet

Freewallet is a crypto wallet mainly designed for mobile.

To buy SHIB you can easily sign up - even with your social accounts - and verify your account to comply with KYC regulations.

You can buy your crypto also by using a credit card - with USD or EUR. Please, consider that margin trading is not allowed.

Freewallet is available in 36 countries of the Financial Action Task Force (FAFT), including Australia, Germany, France, Canada, the UK and the US.

2. HitBTC

This crypto exchange focuses on security and low fees. 

Even if it supports hundreds of cryptos and dozens of countries, people located in the US, Sudan, North Korea, Cuba, Ontario or any country that is embargoed by the US can’t use HitBTC’s services. 

The exchange also suspended operations in Japan in 2018. 

But if you’re not located in one of these countries you can easily sign up, verifying your account as for any other CeFi exchange and use the trading platform to buy your SHIB and exchange it for BTC or USDT.

3. Changelly

Changelly allows users to buy SHIB in a very easy way by using the exchange you will find on the homepage of the platform. You just need to choose the pair and rate - you can choose between floating and fixed rate. 

To provide its users with a more complete trading experience the platform added a trading terminal, Changelly Pro, where you can set more complex orders - market, limit, scaled, stop loss. 

You can buy SHIB and exchange it for Bitcoin. 

Changelly accepts users from any part of the world - however, it is not regulated in the United States.

4. Binance

Binance is the most popular crypto exchange in the world. 

Even if it’s mainly a CeFi exchange, it is adding DeFi features to attract users from the decentralized financial world. 

Here you can buy SHIB from the trading terminal of the platform, and you can use it everywhere in the world except for the US, China and some other countries - especially in Europe. 

5. Coinbase

Also Coinbase is extremely popular around the world, especially for its simplicity. 

The platform supports over 100 countries, including the US, Canada, Germany, India, France and Japan. But it is not available in Australia, China, Russia. 

If you want to buy SHIB you can convert or exchange other cryptos or fiat for SHIB:

There is also a more complex terminal, Coinbase PRO, where you can buy SHIB with USD, EUR, GBP and USDT - but there are more restrictions for this terminal:

6. Huobi

According to CoinMarketCap, Huobi Global is the sixth major crypto exchange by trading volume. 

It was born to provide Chinese users with crypto services, but then it spread to over 100 countries, including Australia, the UK, Canada, South Korea. 

It is not available in the US. 

You can buy SHIB and exchange it for USDT by using the spot exchange, or trade SHIB/USD Swap. 

7. Kucoin

Kucoin is a centralized crypto exchange that supports over 500 cryptos - including SHIB. 

It can be used worldwide - but some restrictions apply when it comes to Know-Your-Customer procedures. Among the countries it doesn’t support, there are China and the US (it is not licensed to operate in the US).

Users can buy SHIB and exchange it for USDT or DOGE on the trading terminal of the exchange. 

8. Gate.io

Gate.io is a crypto exchange that also allows users to trade ETFs and to enjoy its copy trading program. 

Users can buy SHIB and exchange it for USD and USDT on the spot trading terminal, or for USDT on the Futures platform. 

Gate.io is used worldwide, but doesn’t support people from Cuba, North Korea, Iran, Syria, Sudan, Venezuela, Crimea, Washington State and New York State. 

9. Uniswap

Uniswap is one of the most famous decentralized crypto exchanges in the market. 

You don’t need to sign up, and SHIB is not among the active tokens on the platform. But if you want to exchange it for any other crypto available, you can easily import it via CoinMarketCap: you can connect your own wallet to the platform and use the cryptos in your wallet to get SHIB, at a rate calculated according to the data provided by CoinMarketCap. 

10. OKEx

OKEx offers both CeFi and DeFi services. 

This crypto exchange has a very short restricted list, but the United States is among the countries not supported by the platform. 

Users can buy SHIB and exchange it for USDT on the spot and futures trading terminals. 

11. Voyager

Voyager is a crypto exchange mobile application available to all US residents - except for those located in the New York State. 

Voyager is working to expand into Europe and Canada, but it’s still not available outside the US. 

To buy SHIB users just need to download the app, create and fund their accounts and buy SHIB with US dollars. 

12. Sushi

Born as a fork of Uniswap, Sushiswap is another extremely famous decentralized crypto exchange. 

To buy SHIB, the process is similar to Uniswap: you need to connect your wallet to the platform to exchange cryptos for SHIB, but you need to import Shiba Inu from CoinGecko. 

13. Crypto.com

Crypto.com is maybe the fastest growing crypto app, with over 10 million users so far. 

The exchange allows you to buy, sell and exchange cryptos both via the wallet and trading terminal, where you can exchange SHIB for USDT.

The exchange also offers an NFT marketplace, DeFi services, loans, a debit card and there is the possibility to trade also derivatives. 

14. Gemini

Gemini is particularly appreciated around the world: traders and investors appreciate its focus on security and insurance, but anyone knows and appreciates the blog of Gemini, source of knowledge for millions of crypto beginners and pros. 

Gemini exchange is available in 61 countries - but France, Germany, China and Japan are not among them. 

To buy and trade SHIB, users will need to sign up and verify their accounts first. 

SHIB can be bought and exchanged on the trading terminal for USD, AUD, CAD, EUR, GBP, HKD and SGD.

15. FTX

FTX is an interesting exchange, because it doesn’t only support cryptos, but also forex, stocks, futures. 

It can be used worldwide, but there are a few countries whose citizens can’t have access to the platform - including the US, Japan, India and Canada for specific markets. 

Users can buy SHIB and exchange it for UDSC on the trading terminal: 

Where and How to Buy Shiba Inu Coin (SHIB) in the United States

As you can see from our list, it is not always easy to buy SHIB in the United States because of the regulations of the country for what concerns cryptocurrencies. 

For this reason we want to provide you with some info about the exchanges you can use if you are located in the US - and we will do the same for the countries you will find in the next sections. 

If you are a US citizen or resident, you can’t buy SHIB on Changelly, Binance, Kucoin, OKEx or FTX, but you can use - as an alternative - the Binance version for the United States. 

Binance US was in fact created to fill this gap: the platform offers over 60 cryptos, and SHIB is among them. You can buy and exchange Shiba Inu coin for USDT.

Where and How to Buy Shiba Inu Coin (SHIB) in India

If you are located in India you might have a hard time with cryptos. 

The government wants to ban “private cryptos” - like Monero or Dash - and it is still not clear if these restrictions will influence the services provided by international exchanges - right now, it is not possible to use exchanges like FTX or Voyager in India. 

Nevertheless, there are Indian exchanges that comply with all national regulations. One of these is BuyUcoin: here you can also buy and sell SHIB.

Where and How to Buy Shiba Inu Coin (SHIB) in Canada

Canada has not as many restrictions as the US when it comes to cryptos, but if you’re located in Canada you can’t use exchanges like FTX and Voyager. 

If you want to have the possibility to buy and sell SHIB and use other crypto services, one of the best exchanges is Coinsmart: if you’re in Canada you will be able to sell and buy Shiba Inu with Canadian dollars.

Where and How to Buy Shiba Inu Coin (SHIB) in Australia

Even if you can’t use an exchange like Voyager, if you’re located in Australia you still have many alternatives. 

One of these alternatives - apart from those listed above - is Swyftx: here you can buy SHIB with Australian dollars, and the platform offers very low fees and even a demo version. 

Where and How to Buy Shiba Inu Coin (SHIB) in Germany

European countries do not have many restrictions when it comes to cryptos, but it is also true that the largest crypto exchange by volume - Binance - is experiencing various restrictions in the EU, especially for what concerns crypto derivatives. 

Germany is no exception. Besides Binance, Gemini is not available in Germany, but if you’re in this country you have many alternatives. 

SpectroCoin is one of these alternatives that you can use to buy and sell SHIB.

Where and How to Buy Shiba Inu Coin (SHIB) in France

France is an exception for Binance: the exchange and the country are cooperating to create a €100 million development hub - and this may be a good way for Binance to get the digital asset service provider status. 

However, if you are located in France you can’t use exchanges like Voyager and Gemini. 

A good alternative is Kuna: here you can buy and exchange SHIB for USDT.

Where and How to Buy Shiba Inu Coin (SHIB) in Japan

If you are located in Japan, you will not be able to use crypto exchanges like Voyager, HitBTC, Gemini and FTX.

But a good alternative to buy Shiba Inu coin is Digifinex, where you can buy and sell SHIB, and exchange it for USDT.

Where and How to Buy Shiba Inu Coin (SHIB) in China

Also in China cryptocurrencies are having a hard time, since the country has formally banned cryptocurrencies. 

In fact, Chinese people can’t use many crypto exchanges - to name a few, Freewallet, Coinbase, Kucoin, Gemini, Voyager and Binance are non available. 

Nevertheless, if you want to buy SHIB you still have some alternatives, and one of these is ZenGo, which has recently added Shiba Inu coin and allows users to buy, sell, send and receive it thanks to its wallet. 

Conclusions

Regulators and countries seem still pretty uncertain about cryptocurrencies. This is evident when we observe that not everyone can use the same exchange, that in some countries some cryptos are allowed, and that some countries are considering to ban - or formally banned - cryptos. 
Nevertheless, crypto enthusiasts, traders and investors want to be able to choose, to follow crypto markets and to understand the latest trends. 

SHIB seems to be one of these trends: no one knows the future of this project, but Shiba Inu coin proved to be an interesting crypto and soon became a very popular one. 

So, with this article we just wanted to show you where you can buy this coin - if you want to - also considering different areas.

The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.


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