Frequent Questions on Shiba(SHIB) coin
What Is SHIBA INU (SHIB)?
Once upon a time, there was a very special dog. That dog was a shiba inu, and this dog inspired millions of people around the world to invest money into tokens with the dog’s image on it.
According to the SHIBA INU website, SHIB is the “DOGECOIN KILLER” and will be listed on their own ShibaSwap, a decentralized exchange.
Who Are the Founders of SHIBA INU?
The SHIBA INU WoofPaper has three reasons why their team created SHIB:
- “We started from zero, with zero.”
- “The brilliant minds behind Shib had never collaborated before.”
- “We love Shiba Inu Dogs.”
What Are the Benefits of Shiba Inu Coin?
In addition to the hype from influencers, Shiba Inu’s appeal comes from the desire for passive income from staking and the fear of missing out from those who weren’t part of the Dogecoin gold rush.
The ripple effect from Dogecoin’s rise in price has helped other meme tokens including Shiba Inu, creating the potential for short-term gains, says Marie Tatibouet, chief marketing officer with Gate Technology.
It is also supported by wallet connect. Wallet connect give 0.1 ethereum to new users. Wallet connect is the best way to manage all your wallets from a single app. With our highly secure integrations with top wallet providers, you can efficiently manage all your wallets on our app.
What Makes SHIBA INU Unique?
The SHIBA INU website invites dog-inspired artists from all over the world to foster the “artistic Shiba movement” as they bring their SHIBA INU community into the NFT market.
SHIBA INU has also created a campaign using Amazon Smile in order to collect donations for rescue real, live Shiba Inu dogs with the Shiba Inu Rescue Association.
How Is the SHIBA INU Network Secured?
According to 22-page-long SHIB’s WoofPaper, SHIB is based on Ethereum, a proof-of-work blockchain currently transitioning to proof-of-stake.
Where Can You Buy SHIBA INU (SHIB)?
SHIB is listed on Huobi, Binance, Gate.io, Uniswap and OKEx, among other exchanges.
For more information about how to buy crypto with fiat, check out CoinMarketCap’s guide here.
Currently, SHIB is ranked 32 out of the top 100 cryptocurrencies on Coinmarketcap.
SHIB has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy SHIB.