Can We Buy Shiba Inu on Coinswitch?
Can We Buy Shiba Inu on Coinswitch
Last updated on May 8th, 2023 at 04:13 am
Can we buy Shiba Inu on CoinSwitch? The answer is yes, we can buy Shibu Inu on Coinswitch. Cryptocurrency investing app CoinSwitch Kuber listed Shiba Inu (SHIB) on its trading platform on December 2021.
Table of Contents
What Is Shiba Inu (SHIB) in Cryptocurrency?
In August 2020, an anonymous person or group known as Ryoshi launched the Shiba Inu token (SHIB). It is a decentralized cryptocurrency. It is known or characterized as a meme coin. It is a pump-and-dump scheme. In the early part of October 2021 (market capitalization of $41 billion), its price surged up to 240% and from the beginning of November the price dropped up to 55%. It was created on the Ethereum blockchain network.
It is prevalent that Shiba Inu was made to beat Dogecoin and that is why it is also known as Dogecoin Killer.
Shiba Inu is widely known as the alternative to Dogecoin and it is known as “the Dogecoin Killer. It is an Ethereum-based altcoin and it features the Shiba Inu hunting dog as its mascot.
Shiba Inu can be predicted in 2023, that it could double 2X in the bulls and will take over the market.
| Cryptocurrency | Shiba Inu |
| Crypto Coin | Shiba Inu /Shib |
| Short name | Shib |
| Launch date | August 2020 |
| Name of the founder of the Shiba Inu coin | RYOSHI |
| Official Website | https://shibatoken.com/ |
| Cryptocurrency exchange | WazirX, CoinDCX, Coinswitch Kuber etc. |
From 15 to 20th April 2024, SHIB was at the number one spot among 5 traded coins. Shiba Inu was way ahead of Bitcoin (BTC). Shib at 1st position, Bitcoin at 2nd position, Dogecoin third, Loopring fourth, and Ethereum at 5th position.
What is CoinSwitch?
CoinSwitch is nothing but an advanced trading platform of cryptocurrency, we can say it is an exchange aggregator. It was uploaded on 31 May 2020 on the play store and its Founder, Chief Executive Officer is Ashish Singhal. CoinSwitch connects different cryptocurrency exchanges to find the best exchange rate for their clients and makes it very easy to convert any token. It now become India’s most-used crypto app and it has over 18 million users. This app is very much easier to use and navigate
How To Buy Shiba Inu in Coinswitch?
Shiba or Shibu Inu can be bought by cryptocurrency exchange WazirX but it can be traded on WazirX. It can be also bought from CoinDCX, Binance, and Coinbase. If somebody wants to Buy Shiba Inu they must have a wallet that supports funds of cryptocurrency and it is supported by Ethereum or Bitcoin.
Can I withdraw money from CoinSwitch Kuber?
Yes, you can withdraw from CoinSwitch.
If you want to withdraw your funds from your CoinSwitch wallet, there are some simple steps to follow.
- First Go to the Portfolio page in the app.
- Click on your wallet for checking the total Balance.
- Now press on “Withdraw” button
- Enter the amount that you want to withdraw it must be between INR 100 to INR 2,00,000) and press or click on the “Withdraw” button.
- Then after entering your bank detail, you need to enter your PIN to approve the withdrawal.
- After you will receive the OTP to your registered email ID. And enter the same to confirm the transaction.
- And the withdrawal is completed!
- The said amount will be debited from your CoinSwitch wallet and it is there in your bank account in a few minutes.
Is CoinSwitch Kuber trustworthy?
Yes, the CoinSwitch Kuber app is a trustworthy cryptocurrency exchange. It does not store or hold your funds on the Coin Switch app. Here you can only buy or convert coins in real-time and it minimized any fraud as it is not holding your money.
Will Shiba Inu Coin Reach $1?
Probably No, not in 2023 as it recovers to its all-time high and its current price is $ 0.0000089 per (SHIB / USD) as on 18th December 2022.
Conclusion
In the above mention words, we try to answer the said question, Can We Buy Shiba Inu On Coinswitch. And here we give some info that where it can be bought, and what is CoinSwitch. It is an educational article and we are not asking anyone to buy Shiba Inu coins.
Disclaimer
Cryptocurrency investment is subject to market risks before investing read all the document’s terms and conditions related to the scheme carefully. We do not recommend investing money you cannot afford to lose. The article is purely informational we request you that please do your own research before investing in any fund.
