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6 Best Platforms To Buy Shiba Inu (SHIB) in 2024

13 mins
Fact Checked
by Maria Petrova
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Memecoins have carved out a significant niche in the crypto market, symbolizing investment opportunities and a vibrant community culture. Shiba Inu (SHIB) is a fan favorite, drawing investors and enthusiasts into the “Shib Army.”  Potential investors are searching for the best platforms to buy Shiba Inu in 2024 as interest surges. This guide meticulously curates the top six platforms for acquiring SHIB, ensuring investors are well-informed to make their investment journey smooth and successful.

Methodology

6 best platforms to buy Shiba Inu (SHIB)

Platform
Broker
Availability
100+ countries
Fees
$0.99-$4.19
Payment methods
Bank transfer, debit/credit, and 4+
Platform
Payment processor
Availability
130+ countries
Fees
0%
Payment methods
Bank transfer, debit/credit, and crypto
Platform
Exchange
Availability
100+ countries
Fees
0.16% (taker) | 0.26% (maker) for Kraken Pro
Payment methods
Debit/credit, Apple/Google Pay, and 2+
Platform
Exchange
Availability
100+ countries
Fees
0.08% (maker) | 0.1% (taker)
Payment methods
Crypto and third-party providers
Platform
Exchange
Availability
100+ countries
Fees
0.1%
Payment methods
Debit/credit, crypto, bank transfer, and 2+
Platform
Exchange
Availability
200+ countries
Fees
0.1%
Payment methods
Crypto and third-party providers

What to look for when buying SHIB

PlatformFeesPayment MethodsSecurityAvailability
Coinbase$0.99-$4.19Bank transfer, debit/credit, and 4+Publicly traded and regulated in multiple countries, including the U.S.100+ countries
Wirex0%Bank transfer, debit/credit, and cryptoMoney transmitter licenses in multiple regions130+ countries
Kraken0.16% (taker) | 0.26% (maker) for Kraken ProDebit/credit, Apple/Google Pay, and 2+Regulated by FinCEN, FINTRAC, FAC, and holds multiple licenses100+ countries
OKX0.08% (maker) | 0.1% (taker)Crypto and third-party providersOKX Risk shield and Insurance funds100+ countries
Bitget0.1%Debit/credit, crypto, bank transfer, and 2+Regulated by FCA, AUSTRAC, and ASIC100+ countries
KuCoin0.1%Crypto and third-party providersKuCoin Insurance fund and proof of reserves200+ countries

When buying Shiba Inu (SHIB), there are several factors to keep in mind. 

The platform’s security, liquidity, fees, and user interface are crucial. Security ensures your investment is protected, while liquidity allows you to buy and sell SHIB without significantly affecting its price. Low exchange fees are essential as they can accumulate, impacting your overall investment return. 

Additionally, a platform that is easy to use can significantly enhance your trading experience. Flexibility in payment options for depositing fiat currency is also a significant advantage.

Which is the best Shiba Inu wallet?

Regarding the best wallet for Shiba Inu, choosing one that supports ERC-20 tokens is essential since SHIB is an Ethereum-based asset. Hardware wallets like Ledger or Trezor offer the highest security by storing your tokens offline. 

Software wallets, including MetaMask or Trust Wallet, provide convenience and ease of use, with MetaMask being particularly advantageous for those engaging in decentralized finance (DeFi) activities within the SHIB ecosystem

Choose the best platform for you

If you’re looking to buy Shiba Inu, most major cryptocurrency exchanges now list the coin, offering various options for potential investors. Kraken stands out for its low trading fees, high liquidity, and volume, ensuring you can trade SHIB efficiently. KuCoin and OKX are also notable for their user-friendly interfaces and competitive fees, making them excellent choices for new and seasoned investors. 

However, Coinbase, despite higher fees, is praised for its exceptional user experience, making it a preferred option for beginners. For those deeply integrated into the SHIB ecosystem, ShibaSwap, the decentralized exchange of the Shiba Inu ecosystem, offers direct support and benefits to the community. However, it might need more liquidity found on more prominent exchanges.

Frequently asked questions

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Ali Martinez has been at the forefront of content creation and market analysis in the cryptocurrency industry since its early days. His journey began with reporting on market trends and price movements, and he quickly established himself as an authority in the field. Ali has covered significant developments in the cryptocurrency market, including market booms, regulatory changes, and major technological advancements. His deep understanding of blockchain technology and market trends has...
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