Looking to buy the Shiba Inu coin in Canada equally it shoots up in cost? Below, I embrace how and where to buy SHIB fast.

Shiba Inu (SHIB) is one of the near popular cryptocurrencies in the world correct now, after rallying over 300% in recent times.

While meme coins like SHIB take very minimal utilize cases to avowal of, crypto traders continue to pile into them, making prices shoot upward (to the moon as the saying goes).

Read on to learn almost how to buy Shiba Inu on Binance, Coinbase, NDAX, Crypto.com, and others.

What is Shiba Inu?

Shiba Inu (SHIB) is an ERC-twenty token built using the Ethereum blockchain.

Often referred to every bit a “Dogecoin killer”, Shiba Inu was established in 2020 past someone pseudonymously named Ryoshi.

Shiba Inu is part of a wider ecosystem that includes LEASH and Os tokens.

Last year, 50% of the bachelor Shiba Inu coins were gifted to Ethereum founder, Vitalik Buterin, who burned a bulk of it and donated the remainder (worth $ane billion) to clemency.

Like Dogecoin, Shiba Inu falls in the ‘memecoin’ category aslope other domestic dog-themed tokens like Akita Inu (AKITA), Kishu Inu (KISHU), LEASH, and more.

How To Buy Shiba Inu (SHIB) in Canada

In order to purchase Shiba Inu in Canada, you lot need to open an business relationship at a cryptocurrency platform that offers the token.

Alternatively, if your current crypto substitution does not offering SHIB, you could buy stablecoins on it (like Tether) and swap them for SHIB on another platform that supports it.

Many of the SHIB platforms listed below offer SHIB-crypto trading pairs, or you lot could also buy directly using fiat.

After buying Shiba Inu, you can shop it in your exchange wallet or an external wallet that accepts SHIB.

Where to Buy Shiba Inu Coin in Canada

The pinnacle places to buy Shiba Inu are noted below.

1. Buy Shiba Inu on CoinSmart

The CoinSmart cryptocurrency exchange supports multiple coins including Shiba Inu. It operates in Canada and Europe.

Coins offered: SHIB, BTC, ETH, DOGE, DOT, LINK, UNI, LTC, EOS, USDC, and many more.
Funding options:
Interac e-Transfer, bank wire, credit card, debit menu, and crypto.
Trading fee: 0.20% trading fee; deposit and withdrawals vary.

CoinSmart Crypto Exchange

Top crypto exchange in Canada

Great for new & advanced traders

0.20% trading fee

Become a $fifty bonus when you lot deposit $200

2. Buy Shiba Inu on Wealthsimple Crypto

Wealthsimple Crypto is a Canadian crypto trading platform offer l+ coins, including Shiba Inu.

Coins offerred: SHIB, 1INCH, ADA, FIL, FTM, BAL, BAT, COMP, and more.
Funding options: Electronic Funds Transfer.
Trading fee:
Up to 2.00% trading fee; gratis deposits and withdrawals.
Offering:
Get a $25 cash bonus when y’all eolith $150 in your new account.

Learn more in this review.

iii. Buy Shiba Inu on VirgoCX

VirgoCX is a total-fledged cryptocurrency exchange offering l+ coins, OTC, and FX services. it was founded in 2018.

Coins offered: SHIB, ENJ, CRV, KNC, PAXG, XLM, and more.
Funding options: Interac e-Transfer, wire, and crypto deposits.
Trading fee:
Upwards to 0.95% price spread, costless deposits, 0.fifty% withdrawal fees.
Visit: Open a VirgoCX business relationship ($thirty bonus after depositing $100) or larn more in this review.

4. Buy Shiba Inu on Newton

Newton is a crypto brokerage that offers 70+ coins directly to its customers, including Shiba Inu, Tether USDT, and USDC.

Coins offered: SHIB, LUNA, OMG, BTC, ETH, FTM, EOS, DOGE, and more.
Funding options: Interac e-Transfer and cryptocurrency.
Trading fee:
Up to 2% price spread; complimentary deposits and withdrawals.
Offer:
Get a $25 bonus later trading your kickoff $100.

Learn more near Newton in this review.

5. Buy Shiba Inu on NDAX

NDAX is a popular cryptocurrency exchange with ane of the lowest trading fees in Canada.

It supports 30+ coins including Tether (USDT) and Shiba Inu.

Coins offered: USDT, BTC, ETH, UNI, FTM, Shiba Inu, USDC, and more than.
Funding options: Interac eastward-Transfer, wire transfer, banking concern draft, and crypto deposits.
Trading fee:
0.20%, free fiat deposits; $25 CAD per fiat withdrawal.
Offering: Go a
$10 bonus
when you deposit your first $100.

Learn more in this NDAX review.

six. Purchase Shiba Inu on Binance

Binance is the largest cryptocurrency exchange in the world. It supports Shiba Inu and hundreds of other tokens and altcoins.

SHIB pairs on Binance include SHIB/USDT, SHIB/BUSD, SHIB/EUR, SHIB/TRY, SHIB/AUD, and SHIB/BRL.

Coins offered:
SHIB, BTC, ETH, DOGE, and 300+ coins.
Funding options: Credit card, debit carte, crypto deposits, and P2P payment options.
Trading fee: Varies based on business relationship tier (up to 0.x%).
Offer:
Get up to a 25% discount
on trading commissions.

Binance is one of the cheapest places to buy SHIB.
Note that it is not available to residents of Ontario.

7. Purchase Shiba Inu on Crypto.com

Crypto.com is i of the most pop cryptocurrency exchanges in the world with more than ten million users.

The platform supports SHIB coin trading using credit cards, fiat bank transfers, or cryptocurrency.

In add-on to cryptocurrency trading, Crypto.com also offers some of the best crypto credit cards in Canada.

Coins offered:
150+ coins including Shiba Inu.
Funding options: Credit card, depository financial institution transfer, and crypto.
Trading fee:
Varies with your account level (upwardly to 0.40%).
Offer:
Get a $25 CRO bonus
after staking for a Crypto.com Visa card.

Larn more near Crypto.com in this review.

8. Buy Shiba Inu on Coinbase

Coinbase is an American cryptocurrency exchange that is also available in Canada and several other countries (100+).

It has nigh 68 million users and offers 60+ cryptocurrencies.

Coinbase is publicly traded on the Nasdaq stock exchange under the ticker “Money”.

Coins offered:
sixty+ including the Shiba Inu token.
Funding options: Debit card, depository financial institution wire, and crypto.
Trading fee: Upwardly to 0.50% trading fee; up to iii.99% fee when you eolith or withdraw.

9. BitMart

BitMart was established in 2017 and has over 5 one thousand thousand users.

It supports 200+ currencies and 400 trading pairs of popular coins and newer altcoins (east.g. Safemoon).

If y’all are looking to buy Shiba Inu, you lot tin do and then on BitMart via the SHIB-USDT pair.

Coins offered:
200+
Funding options: Credit card, debit menu, cryptocurrency deposits.
Trading fee: Varies depending on your account level (upwardly to 0.25%); crypto fee withdrawals vary.

Other Means To Buy Shiba Inu

Depending on the platform yous stop upwards using, it may exist easier to purchase Shiba Inu (SHIB) in Canada if y’all already have a stablecoin like USDT or USDC.

Platforms that offer USDT in Canada include NDAX, Newton, and CoinSmart.

How To Sell Shiba Inu Coin in Canada

To sell SHIB, visit your crypto exchange account to place a sell trade.

You tin withdraw your fiat into your bank account, or in the case of a SHIB-Stablecoin pair, move the USDC or USDT into your hardware wallet.

Is Shiba Inu a Expert Investment?

Shiba Inu is a meme coin created to compete with Dogecoin and enable “decentralization”. Like Dogecoin, Shiba Inu currently has limited utilize cases, however, its ecosystem is a lot more robust.

Is the Shiba Inu coin a good investment?
That remains to be seen.

Memecoin values suffer farthermost volatility and you could lose your entire investment if you are unfortunate to buy or sell at the wrong time.

While Shiba Inu has performed well in recent times, past performance is not indicative of time to come success.

Shiba Inu Canada FAQs

Tin can I buy Shiba Inu money in Canada?

Aye, Shiba Inu is available on several crypto exchanges that service Canadian customers including NDAX, Binance, Coinbase, and Crypto.com.

Can I buy Shiba Inu in the U.S?

Yes, U.South. residents can purchase the Shiba Inu coin on Coinbase and Crypto.com.

Will Shiba Inu accomplish one cent?

No one knows how Shiba Inu will perform in the hereafter. If it ends upwards seeing a similar success as Dogecoin, there’s a take chances it could accomplish i cent at some point in the hereafter.

Will Shiba Inu achieve $1?

It is unlikely that a meme money like SHIB volition attain $one unless it develops some everyday uses that elevate it from its current ‘memecoin’ status.

Related:

How To Buy Cardano in Canada
How To Purchase Bitcoin Greenbacks
The All-time Crypto ETFs in Canada
Best Crypto Trading Platforms
How To Purchase Ripple XRP
How To Purchase Tether in Canada

Disclaimer: Cryptocurrency is a volatile and speculative investment. If y’all decide to invest, we recommend you practise your own research and just commit funds yous can afford to lose. The writer may own one or more of the crypto assets mentioned in this article.