What Is The Best Way to Buy Shiba Inu Coins?
2022-02-11 18:15:48
Shiba Inu Coin, also known as SHIB, was created on Saturday, 1st August 2020 . Though Shiba Inu Coin is a new cryptocurrency, it has increased in popularity across coin circles due to its lower price and the enormous gains to its short and long-term investors.
Starting out at $0.000000001335, SHIB Coin reached an all-time high of $0.000088 on 28th, October, 2021. That means Shiba Inu Coin returned 4,000,000% for investors who bought it in its earliest days as a tradable digital asset, which attracted much more attention from crypto investors. So, buying Shiba Inu Coin became a trending topic for a period of time. This article will tell you what is the best way to buy Shiba Inu Coins.
Factors you Should Think About Before Purchasing SHIB Coins
There are a large number of exchanges where you can purchase Shiba Inu Coins. Which one to choose has become a vexing problem for investors. Here are the features you should take into consideration when you plan to buy Shiba Inu Coin on a particular exchange.
1 Liquidity: Trading volume is not only the determinant of the future price of the cryptocurrency, but also shows the potential of the exchange. The cryptocurrency exchange with a large daily trading volume will help you buy and sell a large number of SHIB Coins at a better price.
2 Payment: In general, bank/wire transfers and Credit Cards are popular choices for investors. Know the available payment methods of exchange in advance before buying SHIB Coins, which will prevent you from shoeing a goose. That is, when you spend much time signing up and finishing all the steps, only to find the available payment methods don't suit your preferences.
3 Security: If you don’t want your assets at risk, you must investigate the security system of the exchange. Choosing a reliable and top exchange may help you avoid the risk to your assets. As the first exchange to invest millions in security and law funds to add extra protection for user's assets, Gate.io is prefered and trusted by 10 million users across 224 countries.
4 Fees: Exchanges differ from each other in transaction fees. If you are looking for the cheapest way to buy Shiba Inu Coin, then shop around for the best deal. Of course, it’s not wise to settle for less quality because of relatively cheaper fees. You must find an exchange with both high quality and low fees that can give you value for money.
What Is The Best Way to Purchase Shiba Inu Coins?
There is one exchange that meets all of the criteria mentioned above, that is, Gate.io, a tier 1 crypto exchange with a 24 hour trading volume of around $1.2 billion. With the lowest fees and simple payments in the industry, Gate.io ranked 4th on CoinGecko with a trust score of 10. Also, 24/7/365 live customer support will help solve inquiries you have while buying, selling and trading Shiba Inu Coins. Also, after purchasing SHIB, you can use it to experience other popular financial products like Leverage, Perpetual Contract, Quantitative trading and Lending.
Starting out at $0.000000001335, SHIB Coin reached an all-time high of $0.000088 on 28th, October, 2021. That means Shiba Inu Coin returned 4,000,000% for investors who bought it in its earliest days as a tradable digital asset, which attracted much more attention from crypto investors. So, buying Shiba Inu Coin became a trending topic for a period of time. This article will tell you what is the best way to buy Shiba Inu Coins.
Factors you Should Think About Before Purchasing SHIB Coins
There are a large number of exchanges where you can purchase Shiba Inu Coins. Which one to choose has become a vexing problem for investors. Here are the features you should take into consideration when you plan to buy Shiba Inu Coin on a particular exchange.
1 Liquidity: Trading volume is not only the determinant of the future price of the cryptocurrency, but also shows the potential of the exchange. The cryptocurrency exchange with a large daily trading volume will help you buy and sell a large number of SHIB Coins at a better price.
2 Payment: In general, bank/wire transfers and Credit Cards are popular choices for investors. Know the available payment methods of exchange in advance before buying SHIB Coins, which will prevent you from shoeing a goose. That is, when you spend much time signing up and finishing all the steps, only to find the available payment methods don't suit your preferences.
3 Security: If you don’t want your assets at risk, you must investigate the security system of the exchange. Choosing a reliable and top exchange may help you avoid the risk to your assets. As the first exchange to invest millions in security and law funds to add extra protection for user's assets, Gate.io is prefered and trusted by 10 million users across 224 countries.
4 Fees: Exchanges differ from each other in transaction fees. If you are looking for the cheapest way to buy Shiba Inu Coin, then shop around for the best deal. Of course, it’s not wise to settle for less quality because of relatively cheaper fees. You must find an exchange with both high quality and low fees that can give you value for money.
What Is The Best Way to Purchase Shiba Inu Coins?
There is one exchange that meets all of the criteria mentioned above, that is, Gate.io, a tier 1 crypto exchange with a 24 hour trading volume of around $1.2 billion. With the lowest fees and simple payments in the industry, Gate.io ranked 4th on CoinGecko with a trust score of 10. Also, 24/7/365 live customer support will help solve inquiries you have while buying, selling and trading Shiba Inu Coins. Also, after purchasing SHIB, you can use it to experience other popular financial products like Leverage, Perpetual Contract, Quantitative trading and Lending.
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