Buy Shiba Inu

The most popular way to buy and sell Shiba Inu coin and other cryptocurrencies in Australia is through a cryptocurrency exchange. Our trading platform allows you to buy, sell and swap hundreds of different crypto assets with low trading fees.

To Buy SHIB, you'll first need to create an account by providing your name, email address and phone number. Once your account is created, you'll then need to verify your identity by providing a few key details. This typically takes no longer than a few minutes to complete. The last step before you can trade SHIB tokens is to deposit funds into your account. Swyftx allows users to make deposits via bank transfer, POLI, PayID or debit card. Once your deposit has landed, you can buy Shiba Inu and other listed digital assets on the Swyftx exchange.

Dogecoin was cast into the limelight after Elon Musk tweeted his fondness for the meme coin, although it has been around for over a decade. But the new interest in such assets caused a rush of new memecoins, with Shiba Inu leading the charge.

Dogecoin uses the same consensus technology as Bitcoin meaning it is a proof-of-work blockchain. On the other hand, Shiba Inu is an ERC-20 token that runs on the Ethereum network, meaning it can leverage smart contracts.

Both DOGE and SHIB have a far more abundant token supply when compared to other cryptocurrencies. There is over 100 billion DOGE and over 500 trillion SHIB in circulation. These extremely abundant token supplies have made the Dogecoin and Shiba Inu prices very low. Despite this, both cryptocurrencies have a market cap of over $1 billion.

The best place to buy Shiba Inu is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Shiba Inu and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

The price of Shiba Inu is determined by the forces of supply and demand in the market. Similar to other assets, the price of Shiba Inu is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Shiba Inu are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Swyftx does not allow you to directly buy Shiba Inu with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Shiba Inu instantly.