Shiba Inu Coin is a cryptocurrency built on the Ethereum blockchain with Shiba Inu dog image as the logo. It is not mined. You can buy Shiba Inu Coin & can purchase it on exchanges like Mercatox or EtherDelta
What is Shiba Inu Coin?
Shiba Inu Coin is a cryptocurrency that was created with the Dogecoin community in mind. It is a fork of Dogecoin and shares many of its features, including its user-friendly interface and potential for high returns. However, there are some key differences between Shiba Inu Coin and Dogecoin that investors should be aware of before investing. Here’s everything you need to know about Shiba Inu Coin.
Methods of Acquiring Shiba Inu Coin
There are currently three methods of acquiring ShibicCoin. The first is to buy them directly from an exchange, the second is to mine them, and the third is to receive them as a payment for goods or services.
The most common method of acquiring ShibicCoin is to buy them directly from an exchange. The exchanges that list ShibicCoin include Bittrex, Upbit, and Cryptopia. The price of ShibicCoin on these exchanges is currently around $0.02 USD.
Another way of acquiring ShibicCoin is by mining them. Currently, the best way to mine ShibicCoin is by using the CPUMiner software. This software can be downloaded from GitHub. After downloading and installing the software, you will need to join a mining pool in order to start earning rewards for your mining efforts.
Finally, it is also possible to receive ShibicCoin as a payment for goods or services. If you offer goods or services that people are willing to pay for in ShibicCoin, you can easily start accepting payments in this digital currency.
If you’re interested in purchasing Shiba Inu Coin, your best bet is to reach out to the coin’s founder on Telegram. He goes by the name of “Shibe” and is very active in the Shiba Inu community. You can find him @Shibe on Telegram. Once you’ve reached out to him, he’ll be able to help you with the purchase process.
Get your coin tokens off the exchange
If you want to hold onto your Shiba Inu coins for the long term, it’s best to take them off the exchange and store them in a personal wallet. That way, you’ll have full control over your coins and can avoid the risk of losing them if the exchange is hacked.
There are a few different ways to store your Shiba Inu coins. The most popular option is to use a software wallet, which you can download for free. Once you have installed the software, simply transfer your coins from the exchange to your wallet using the address provided.
Another option is to use a hardware wallet, which is a physical device that stores your coins offline. This is considered the most secure way to store your coins, as they cannot be hacked or stolen if they are not connected to the internet. However, hardware wallets can be expensive, so this may not be an option for everyone.
Conclusion
If you’re looking to get your hands on some Shiba Inu Coin, there are a few things you should keep in mind. First, make sure you do your research and understand the risks involved. Secondly, remember to buy from a reputable source. And finally, don’t forget to have fun!