How to Buy Shiba Inu

Buying shiba inu in United States

Buying shiba inu in United StatesThe United States is progressively regulating the crypto sphere. However, there seems to be some split in approach to cryptocurrency. On one hand, some states continue to pass laws which aim to stimulate the economy, attract investment, or encourage tech development, while others have either passed restrictive crypto asset and investment regulations, or have suggested to do so. The state of New York, for example, requires companies to acquire "BitLicenses" in order to operate virtual currency businesses, and even issued a "greenlist" of accepted virtual currencies. On a federal level, there is a large amount of crypto regulation from various bodies, meaning lots of overlapping jurisdictions and different opinions on crypto. Although U.S. crypto banking seems undeveloped, it is making slow progress. A large crypto exchange, Kraken, stated that it became the first U.S. digital asset company with a bank charter, recognized under both federal and state law, in 2020.
As of 20/03/2021

Shiba Inu (SHIB) Key Data
Price $
0.000011
24hr %
-4.10%
Mkt Cap $
6,043.39b
24hr High
0.000012
24hr Low
0.000011
Shiba Inu started off as a meme token and was branded the "Dogecoin killer," since it is named after the dog featured in Dogecoin images. It is now used in a DEX called Shibaswap. The team behind Shiba Inu has also released other dog meme coins, including BONE and LEASH.
Shiba Inu on WebsiteShiba Inu on TwitterShiba Inu on RedditShiba Inu on MediumShiba Inu on Discord

Exchanges Info

These exchanges all accept customers from United States. While they broadly offer the same services and you can buy shiba inu at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Kraken

Kraken has a good reputation for security and protection of your funds and operates across the USA (except NY), Canada, the EU and Japan

Pros
  • It can be used to trade against fiat options
  • Robust security measures
  • Free SEPA deposits in Europe
Cons
  • Not a very beginner-friendly interface.
  • No card deposit options
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