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Buy Shiba Inu (SHIB) Australia

$0.00

0.00%

AUD

SHIB

We charge a trading fee of 0.6% on all trades along with the spread

Global Rank

Current global rank based on market cap.

Market Cap

The total value based on current price x supply.

24Volume

The total value traded in the past 24hrs.

All Time High (ATH)

The highest dollar value 1 has sold for.

Trade Activity

The % of buy and sell on Swyftx within past 24hrs.

Global Rank

#0

Market Cap

$0.00

24hr Volume

$0.00

24hr Change

0.00%

What is Shiba Inu?

Shiba Inu (SHIB) is a meme coin that aspires to be an Ethereum-based alternative to Dogecoin. Created in August 2020, Shiba Inu was Colloquially nicknamed, ‘the Dogecoin killer.’

During the initial launch, 50% of the supply of SHIB was allocated to Ethereum co-founder Vitalik Buterin. This was one of the reasons that caused the price of SHIB (AUD) to soar. Following this, Buterin donated 10% of all SHIB in existence to the Indian COVID-19 relief effort. This donation was worth about $1 billion at the time. The other 40% of SHIB that Buterin owned was burned forever.

Shiba Inu is looking to break into the NFT space, speculatively once the Shiba Swap Decentralised exchange has been finalised and launched.

Check out our deep dive on Shiba Inu on Swyftx Learn.

You can buy Shiba Inu coin on the Swyftx cryptocurrency exchange in Australia.

How to buy Shiba Inu in Australia?

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.

Shiba Inu vs Dogecoin: What’s the difference?

Dogecoin was cast into the limelight after Elon Musk tweeted his fondness for the meme coin. Following this, other meme coins like Shiba Inu have benefited significantly. Dogecoin uses the same 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 are over 100 Billion DOGE in circulation and over 300,000 billion SHIB. 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.

Frequently Asked Questions

How do I store Shiba Inu coin?

Shiba Inu and other units of cryptocurrency are stored in digital wallets. These wallets are unlike the wallet you keep in your pocket. Instead, these are software systems that allow for the sending, receiving and storing of cryptocurrencies.

When you buy SHIB on the Swyftx trading platform, the asset will be immediately stored in your own personal wallet. This wallet is automatically installed in your account when you sign up. If you would like to withdraw your SHIB and transfer it to an external wallet, you can do so by navigating to the withdraw tab in your app.

Can I buy Shiba Inu with a debit card?

Swyftx supports deposits made with debit cards. To do this, navigate to the deposit tab in your Swyftx app. You’ll be redirected to the Banxa website, which is one of our payment providers. Here you can process your debit card deposit. Once your deposit has been received you can start buying Shiba Inu coin and other listed cryptocurrencies. Swyftx also supports deposits made via bank transfer, POLi and PayID.

Why use Swyftx to Buy SHIB?

How to buy
Shiba Inu (SHIB)

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Low Fees

Swyftx has extremely low fees and minimal spreads when you buy, sell and trade Shiba Inu in Australia.

Instant Verification

Verify your account in minutes and then deposit funds instantly to start trading SHIB.

Secure Accounts

Security features like Two Factor Authentication (2FA) and breached password detection protect your account against scammers.

want to trial our platform?

Risk free demo mode

Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.

Rated 4.8 out of 5 based on 1960 reviews

Excellent

3970 Reviews

Ash
Really easy to follow online with trailered support when you need it
Saffa Stacker
Easy to use app, low fees and in my opinion very secure.
Amanda Quartermaine
The site is easy to use, even for the novice, there are real people to talk to if you run into any problems and it's an Australian site.
Scott Hunter
Simple to use, and because I was new to crypto the live chat was and is invaluable
Mathew Lindner
Great customer service, very easy to deal with. Easy to use platform, and everything is clearly shown so you know what to expect.
Craig Wright
Good stuff. Very fast online help. available on both web browser and mobile app. you can see all fees up front. Bad Stuff. web browser logs you out very, very often. I have to sign in maybe 20-50 times a day :( browser wont let m...
Paul
Easy to use, intuitive UI
Song
I have been with swyftx for a number of years and I like that it is a reliable crypto exchange. I have had recent queries and when I contacted them, they had gotten back to me promptly and was very helpful
Mads
Kurt's quality of customer service is always very prompt, thorough and I always recommend Swyftfx in any relevant conversation due to the quality of customer serviced I received when dealing with Kurt... And Malek! Super thorough!
Nicholas Howitt-Steven
Simole to use and support is great. Issues dealt with in a more then timely fasion. Love Swyftx and their team.

OUR TOP FEATURES

Why choose Swyftx?

AUD Deposit and Withdrawals

Deposit and Withdraw AUD via PayID, OSKO, Bank Transfer & POLi

Recurring Orders

Automate your crypto investments.Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.

Stop, On Trigger & Market Orders

Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.

Advanced 2FA & Password Security

Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.

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