How to buy Shiba Inu in Australia

How to buy Shiba Inu in Australia

The fastest and cheapest way to buy Shiba Inu in Australia is through the eToro Australia trading platform. They are the only cryptocurrency exchange in Australia that offers no trading fees on digital assets including Bitcoin, Ethereum and Shiba Inu.

Fortunately, AUD deposits onto the eToro exchange are also free when you deposit via Bank Transfer or PayID/Osko. This ultimately makes buying Shiba Inu on Australia completely free.

Follow the guide below to get started.

1. Open an account with eToro Australia.
2. Deposit Australian Dollars from any Australian Bank account. Deposit methods include Bank Transfer, PayID/Osko, Cash, BPAY, PayID and more.
3. Type in Shiba Inu in the navigation bar at the top.
4. Then select 'Trade' and input the amount of Shiba Inu units you want to buy.

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What is Shiba Inu

The Shiba Inu crypto is a popular 'meme' coin, which was developed by a decentralised team following the explosive growth of Dogecoin. Since its creation in late 2020, the project has grown to be worth over $8 billion dollars and has even been listed on major exchanges like Coinbase.

The Shiba Inu community have recently developed a decentralised exchange called ShibaSwap, which is meant to enable Shiba Inu holders to earn fees from trades made on the platform.

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How to Stake Shiba Inu

The best way to stake Shiba Inu is through their decentralised exchange called ShibaSwap. This platform allows you to provide liquidity to the SHIB/ETH or SHIB/USDC pair on UniSwap to earn up to 41.5% annual interest (APY%).

The total value locked in Shiba Inu staking farms is currently over $42 million, which highlights that the platform is trusted by high-net worth liquidity providers.

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Shiba Inu Price AUD

The live price of Shiba Inu in Australian Dollars (AUD).