Buy SHIBA INU (SHIB) in India at ₹0.000657

Live SHIB/INR Price

₹0.000657

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0.76%

Price Changes

₹0

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0.76%

24h Low

₹0.000645

24h High

₹0.000674

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Reasons to Buy SHIBA INU (SHIB)

  • Shiba Inu has returned an unprecedented amount in the last 12 months, amounting to more than 14,000,000% of its original value.
  • Shiba Inu has an interactive and growing community.
  • Billionaire investors like Elon Musk believe in the project and are actively involved.

 

Buy Shiba with as little as 100 INR. CoinSwitch offers a fast and easy way to buy Shiba Inu in India.

What is SHIBA INU (SHIB)?

Shiba Inu is a meme coin created by an anonymous individual or group, Ryoshi, in August 2020. While creators meant for the token to be a joke, it quickly became a social sensation with more than 500,000 loyal community members. Shiba Inu is an ERC20 token based on the Ethereum blockchain.

Shiba Inu’s core white paper answers the question, “What would happen if a cryptocurrency project was 100% run by its community?” According to Ryoshi, the combined decentralisation of an entire network would outperform anything that a centralised team would ever be able to create.

Shiba Inu is also part of a canine ecosystem – one that keeps up the dog theme throughout the network. On ShibaSwap, a decentralised exchange explicitly created to make SHIB and LEASH trading easier, users can “fetch” (exchange) one coin for another, “bury” (stake) coins on the network and even “dig” (provide liquidity) to the exchange.

Things to consider before buying SHIBA INU (SHIB)

  • Shiba Inu is a highly volatile coin, even by the standards of the cryptocurrency market
  • It is a meme coin, meaning that it lacks the fundamental utility present in top coins like Bitcoin and Ethereum.
  • Shiba Inu’s gains are social media-fuelled, which leaves long-term investors vulnerable to market risks.

Highlight

Shiba Inu is a meme coin that features the same Japanese dog breed as Dogecoin (DOGE). While Shiba started as a joke, it is now one of the top #20 cryptocurrencies by market cap.

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Price Statistics

SHIB Price Today

SHIB Price

₹0.000657

Price Change 24h

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0.76%

Price Change 7d

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3.48%

Market Rank

#24

Market Cap

₹38,250 Cr.

Trade Vol 24h

885 Cr

Circulating Supply

5,89,24,426 Cr. SHIB

Trading Activity

75% Buy25% Sell

FAQ's

1. How do I buy Shiba Inu with CoinSwitch?

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To buy Shiba Inu crypto with CoinSwitch, follow these simple steps:

• Log in to the CoinSwitch app on your mobile phone and enter your security PIN

• Head over to the Market section and search for Shiba Inu crypto

• Navigate to the little Buy button at the bottom of your screen and enter the amount you want to invest

• If you already have funds in your account, CoinSwitch will automatically credit your cryptos to your wallet

• If not, you can follow a simple 1-minute process to add funds to your account via UPI, IMPS, or NEFT

2. Where to buy Shiba Inu coin in India?

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You can easily buy Shiba Inu coins at CoinSwitch within no time, using our instant order functionality. Moreover, you can also set a price you’re looking to trade SHIB at with our limit orders. We’re India’s leading cryptocurrency exchange, with more than 20 million registered users. CoinSwitch allows you to buy, sell, and trade in more than 150+ crypto coins. We further offer SIP options making it easy and safe (from volatility) for you to invest. 

3. Why I should choose CoinSwitch to buy cryptos

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• Start trading in Shiba Inu with as little as ₹100!

• No fees or charges on fund transfers to and from your bank account

• Direct crypto investing with INR

• Choose from more than 150+ crypto coins and tokens

• Secure wallet access with withdrawals and deposits available

4. Is Shiba Inu an ERC20 token?

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Yes, Shiba Inu is an ERC20 token based on Ethereum.

5. Can you mine Shiba Inu coins?

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Yes, just like any other ERC20 token, users can also choose to mine Shiba Inu coins.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.