Buy Shiba Inu (SHIB)

Follow the steps below to easily and securely buy Shiba Inu.

You can securely store your Shiba Inu in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Shiba Inu. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Shiba Inu with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Shiba Inu with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Shiba Inu through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Shiba Inu is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Shiba Inu involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Shiba Inu, it is important to understand the risks.

Volatility: The price of Shiba Inu can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Shiba Inu is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Shiba Inu through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Shiba Inu or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

Yes, you can send your Shiba Inu to an external wallet. With Finst, you can easily send your Shiba Inu to a hardware or a software wallet.

Yes, you can store Shiba Inu (SHIB) on hardware wallets such as Ledger or Trezor.

Shiba Inu is a cryptocurrency that uses the Ethereum blockchain, which means that the crypto uses the advantages and protection of Ethereum. The coin is an ERC-20 token and is a memecoin that, like Dogecoin, is based on the Japanese dog breed, Shiba Inu. When the ERC-20 token was launched in 2020, it quickly managed to build a strong community, mainly due to successful marketing campaigns on X (formerly Twitter). This has led to Shiba Inu becoming the second biggest meme coin after Dogecoin to firmly establish itself in the top 100 in terms of market capitalization.

Shiba Inu works on the Ethereum blockchain, which allows them to use smart contracts and protocols built on this chain, including DeFi platforms and DEXs (decentralized exchanges). This allows you to trade the Shiba Inu token, SHIB, on the Ethereum network.

Although Shiba Inu (SHIB) was originally launched as a meme coin, the developers have significantly expanded the Shiba Inu protocol in recent years with new functionalities and possibilities. As a result, Shiba Inu has grown into a real ecosystem.

Shiba Inu ecosystem

1. SHIB token: SHIB can be called the native token within the ecosystem. Users of the network can carry out transactions with the token. In addition, SHIB is also by far the token with the highest market capitalization within the ecosystem and has a very large supply. You can also stake SHIB on ShibaSwap (their own DEX) in exchange for a reward, paid out in SHIB tokens or other tokens within the ecosystem.

2. LEASH token: Another token within the ecosystem is LEASH. This token has a much smaller supply, making it considerably scarcer than SHIB. LEASH can be used in DeFi projects to stake or as a liquidity provider. Within the community, LEASH is seen as a premium token. Fun fact: LEASH was originally developed to track the price of Dogecoin (1 LEASH ≈ 1,000 DOGE), but this price peg was later abandoned. The value of LEASH is now completely independent of the DOGE rate and is determined by supply and demand.

3. BONE token: The third token within the ecosystem is BONE. Owners of this token can vote on important decisions within the network. That is why BONE is called a governance token.

4. ShibaSwap: ShibaSwap is Shiba Inu's DeFi platform. Within this platform, users can stake SHIB and LEASH tokens or provide liquidity. This secures the network and allows users to participate in liquidity pools and yield farming in exchange for rewards paid out in tokens.

5. Shibarium: Perhaps the most important addition to the ecosystem is Shibarium. This is a layer-2 solution designed to make transactions within the Shiba Inu network faster and cheaper. In practice, thanks to this update, they have become less dependent of the Ethereum mainnet, which benefits speed and lowers transaction costs.

In addition, Shibarium has enabled developers to build protocols within the ecosystem, including dApps, games and NFT projects.

The most famous example of Shiba Inu NFTs is the Shiboshis collection. This is a collection of 10,000 unique NFTs, all Shiba Inus (the dog breed), each with their own characteristics. In the most famous game within the Shiba Inu ecosystem, Shiba Eternity, these NFTs can be used in-game.

Shiba Inu was launched in 2020 by a person or group using the pseudonym 'Ryoshi' as a true meme coin. This means that, as with Bitcoin, it is still unknown who actually developed Shiba Inu. Shiba Inu was inspired by the success of Dogecoin, which also uses a Shiba Inu (a Japanese dog) as its symbol. During the promotion of SHIB, the token was called the 'Dogecoin Killer'.

Shiba Inu was once launched as a simple memecoin that would compete with Dogecoin, but since its launch in 2020, Shiba Inu has grown into an independent ecosystem with a large community and a strong team of developers.

With the introduction of Shibarium, new tokens and ShibaSwap and a large community, Shiba Inu has become a serious project within the crypto sector offering a cheaper and more scalable alternative to Ethereum.