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How to buy Shiba Inu in Australia

How to buy Shiba Inu in Australia

Fact Checked
Jan 5, 2023

Summary: CoinSpot is the best crypto exchange to buy Shiba Inu from in Australia. They offer free multiple AUD deposits and fees as low as 0.1% to trade over 370 different cryptocurrencies. CoinSpot is the most secure Australian cryptocurrency investing platform.

Table of Contents

Best Crypto Exchange for Australian Investors

Platform Highlights

  • Free and instant AUD deposits via PayID, POLi & Bank Transfer.
  • Lowest trading fees in Australia starting at a low 0.1%.
  • Buy and sell over 370 Cryptocurrencies and stake over 20 tokens.

Can I buy SHIB in Australia?

Yes, you can buy SHIB in Australia. You can purchase SHIB from a number of crypto exchanges that are based in Australia, including CoinSpot and SwyftX. Before investing in any cryptocurrency, it is important to do your own research on the asset and understand the risks associated with it. Additionally, be sure to only buy digital assets from reputable sources.

The most secure and reliable digital-asset exchange in Australia is CoinSpot. CoinSpot offers trading on over 370 tokens and has staking on over 30 tokens. Additionally, CoinSpot offers Bundles (Crypto ETFs), an NFT Marketplace and a Crypto VISA Card. To learn more about this exchange, visit our detailed CoinSpot Review.

How to buy Shiba Inu (SHIB) Australia

Many investors in Australia believe that Shiba Inu (SHIB) token is on its way to being the next Dogecoin after a big run up in price throughout 2021. However, investors in Australia are still unsure how to purchase Shiba Inu with the Australian bank accounts. We recommend CoinSpot as the safest, cheapest and easiest way to buy SHIB tokens. You can follow our simple guide below to get started.

  1. Create an account on CoinSpot and complete the sign-up process.
  2. Click 'Deposit Funds', pick a method and transfer AUD from Great Southern Bank.
  3. Go to the 'Buy/Sell' tab and find Dogecoin.
  4. Enter the amount of AUD you wish to invest and tap 'Buy BTC'.
How to buy Shiba Inu (SHIB) Australia.
How to buy Shiba Inu (SHIB) Australia.

What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) is a decentralised cryptocurrency that was created with the Dogecoin community in mind. Shiba Inu aims to provide a fun and easy way to get started with cryptocurrency. Unlike other cryptocurrencies, Shiba Inu has no pre-mine, no ICO, and no dev tax. All of the supply has been distributed to the community through various airdrops and giveaways.

Shiba is built on the Ethereum blockchain and utilises the ERC-20 token standard. Shiba Inu has a total supply of 1,000,000,000,000 SHIB. The project is led by an anonymous team of developers. The team's goal is to create a simple and intuitive cryptocurrency that is easy for everyone to use. The token is currently listed on a number of exchanges, including Binance, Huobi, and OKX.

SHIBA Token
Shiba Inu.

Final Thoughts

Shiba Inu (SHIB) is a decentralized cryptocurrency that has been gaining popularity in Australia. The token has no pre-mine, no ICO, and no dev tax - making it an ideal option for those looking to get started investing in cryptocurrency. CoinSpot is the safest, cheapest, and easiest way to buy SHIB tokens with Australian bank accounts.

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Dylan Matthews

Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.

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