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How To Buy Shiba Inu Coin In India: SHIB Inu Coin 2021

After the hype of the Shiba Inu coin, everyone is racing towards buying this cryptocurrency as this cryptocurrency is growing day by day and investors have really earned a lot from this cryptocurrency.

Shiba Inu Cryptocurrency noticed a high growth recently and yes, that’s great news! This could be considered as one of the unique millennial innovations which are actually governing the finance industry. With such huge growth and potential, it is time to tell you about this coin more, and also a step-by-step guide is mentioned below which will help you to buy this coin with ease. Please keep reading till last and do not miss any step.

How To Buy Shiba Inu Coin In India

Buy Shiba Inu Coin
Shiba Inu Coin

Let’s discuss the Shiba Inu coin, which is also popular as Shiba Tokens. This magical cryptocurrency value increased by 35% in past and when the world started noticing, it was soon added to the Coinbase platform of cryptocurrencies

The token is also understood as the biggest enemy of Dogecoin and is now among the top coins. With such a high jump in such a short span, it becomes vital to understand this coin by diving deep into it and then buying it as fast as possible so that users can earn maximum profits out of it.

What are Shiba Inu coins?

The Shiba tokens are a popular decentralized cryptocurrency earlier created by an unknown magician, who was popularly known as Ryoshi, in August 2020. We are calling him a magician as he brought the world with his innovation.

This coin was named after the Japanese dog breed, known as ‘Shiba Inu’, and the coin’s symbol also resembles the dog. Dogecoin and Shiba Inu coins were created as an act of fun and joke, just for an experiment purpose however it got the world’s attention after a few Elon Musk tweets and his excitement for these coins.

Shiba Inu was developed on the Ethereum Blockchain.

Click here to register or buy Shiba Inu Coins directly on Wazirx

Why Is The Shiba Inu Coin So Popular?

The Shiba tokens have gained popularity this year, with a higher market cap, compared with other many multinational companies and financial markets. The Shiba Inu coin has been doing well because of its millennial concept (FOMO – Fear of missing out) that geared everyone’s attention fast. Many investors missed this coin and they believe they should also have another coin that they can invest in however there are many people who are still buying it and earning profits on a daily or monthly basis.

Steps to buy Shiba Inu Coin in India

Shiba Inu (SHIB) has been growing day by day, caught everyone’s mind in the cryptocurrency world. Ever since such growth, several investors have attracted themselves to the Shibu Inu coin. If you are familiar with cryptocurrencies then you may already have knowledge on how to buy a Coin on popular exchanges. However, if you are completely new to crypto market investment, it is usual that you are not familiar with the process of buying a coin on the exchange.

But that’s a hidden fear and the below steps will help you overcome this fear. Many online crypto exchanges provide less complex and hassle-free transactions of buying and selling the Shibu Inu. One such popular and highly accepted crypto exchange is WazirX. WazirX is a popular India’s Most Trusted exchange that deals in almost all Bitcoins.

However, before buying this coin, you need to sign up / create your account on the website and all steps are very simple and mentioned below. Please follow these steps for a quick and hassle-free process.

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Click here to register or buy Shiba Inu Coins directly on Wazirx

Steps to register/login on Wazir X to buy Shiba Inu coin

  • Go to Official Wazir X site, click Here >>> WazirX site
  • Tap on the ‘Sign Up’ button in the right corner.
  • Enter your email, password, referral code (hzb69), Use this referral code to earn additional discounts and offers.
  • Click on submit button and Verify your account with the verification code sent to your email ID or mobile.

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  • After Verification, now Log into your account.
  • Complete your KYC, it is mandatory step to avoid fraud or illegal transactions.
  • You will have to upload the required documents along with your selfie.
  • You must enable two-factor authentication, and we recommend you to set up this as soon as possible to avoid hacking of your account.
  • Visit your account and click on Funds in Top left corner. (See below screenshot)

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  • Click on the deposit INR button and select your liked deposit method.
  • You can now transfer the funds into your WazirX direct account
  • Once your account is set up is complete, you can buy SHIB (Shiba Coin).

How to buy Shiba Inu coin at WazirX

Here are the steps to buying Shibu Inu at WazirX.

Visit the WazirX official website. You will find the Exchange tab on the left side of your screen; refer to the picture below:

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  • Look for SHIB in the left INR menu. Open the trading window for SHIB.
  • Click on the Buy/ Sell button.
  • Set the order type.
  • You can also choose a limit price at which you wish the order to be executed.
  • Enter the amount of SHIB you wish to buy.
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  • The trading window for SHIB looks like above screengrab.
  • Click on the ‘Buy’ button.
  • Your order will be successfully executed.
  • Post this, all you have to look is, keep a watch on the change value of SHIB you have just bought.

The entire process of creating and setting up your account on WazirX will only consume a few minutes. KYC verification may still take close to 24-48 hours but you can wait for it. You can also trade other currencies on Wazir X.

Conclusion and Future of Shiba Inu Coin in India 

Even though the current situation is grim, there is a positive vibe for the SHIBA coin in the market. Over the next 3 months, the Shiba Inu coin scored a 30% increase in its value, and by the starting next year, the value would be much higher and it is expected. You might be able to gain and earn good money however use your analysis and due diligence when investing in cryptocurrencies.

Conclusion 

Currently, the Shiba Inu coin is providing bulls to everyone who did not invest in the beginning. As mentioned by Fxstreet.com in an analysis, short-term market corrections are usual in such an atmosphere as the price of Shiba Inu is overheated. Investors can use this recent cooldown to hop on the party and leverage the benefits in the upcoming days. As it is clear, the Shiba Inu coin has a lot to give, you should know how to leverage it.

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