How to buy Shiba Inu Coin in UK (2021)

Buy Shiba Inu (SHIB) in UK

Buying Shiba Ink (SHIB) in UK is simple with Hertfordshire-based BC Bitcoin. The second best option is to buy SHIB on Binance with GBP.

Shiba Inu (SHIB) Price in UK

Current Price: £   24hr: %

Shiba Inu (SHIB) is a meme coin, and a competitor to another such coin: Dogecoin. It is easy to dismiss these coins as they have little to no value. But with the success of Dogecoin, investors are paying close attention to the hype and community of memecoins.

Shiba Inu calls itself the “DOGECOIN KILLER.” Unlike DOGE, SHIB does not have its own blockchain platform. Instead, it is an ERC-20 token on the Ethereum blockchain. SHIB was created in August 2020 by an anonymous person who goes under the pseudonym Ryoshi. It quickly gained transaction from internet personalities such as Elon Musk and Vitali Buterin.

Where to buy Shiba Inu (SHIB) in UK

he best way to buy Shiba Inu in UK is to use BC Bitcoin. Other methods include using Binance and Gate.io. Alternatively, you can even buy Bitcoin on any of these exchanges and trade it for SHIB.

Recommended: Buy SHIB with GBP (BC Bitcoin)

This is a great option for anyone looking to buy Shiba Inu (SHIB) with British Pounds or Euros in a simple and safe way.

BC Bitcoin accept debit and credit cards, as well as bank transfers including UK Faster Payments and SEPA transfers.

Here’s how to buy Shiba Inu in UK with BC Bitcoin:

  1. Sign up for an account here
  2. Head to the Buy Coins page and complete the form
  3. You will receive SHIB to your wallet once the order is complete

About BC Bitcoin

BC Bitcoin is a Hertfordshire based Cryptocurrency Brokerage that allows you to Buy, Sell and Exchange a wide variety of Cryptocurrencies including Shiba Inu (SHIB).

They have achieved a 5-star Trustpilot rating, most probably due to their excellent customer service and simple buying process.

Their team can be easily contacted via phone, online chat or email which makes for a great customer experience. You can use their Contact Us page if you have any questions.

Option 2: Buy Shiba Inu (SHIB) on Binance (GBP)

  1. Sign-up for a Binance account.
    Note: Receive discounted trading fees when signing up for a Binance account via our link.
  2. Navigate to Buy Crypto (GBP) -> Deposit
  3. Deposit GBP to your Binance account
  4. Trade GBP for Shiba Inu (SHIB)

Option 3: Other Exchanges in UK for Shiba Inu (SHIB)

Step 1: Buy Bitcoin

You may wish to trade Bitcoin for Shiba Inu (SHIB) on another exchange. This is also a great option if you’re looking to buy other cryptocurrencies, as having Bitcoin makes trading on exchanges easy. In this guide, we will use Binance exchange. Note that you can achieve the same result in an easier manner by depositing GBP to Binance, in accordance with Option 2.

This guide assumes you already have Bitcoin. If you don’t, you can buy Bitcoin at any of the following options:

  • BC Bitcoin (recommended; buy with £GBP or €EUR)
  • CEX.io (recommended; buy with £GBP)
    • Sign up for an account and buy BTC straight away with your debit or credit card, or bank transfer.
  • Local Bitcoins (buy with £GBP)
    • Buy BTC from other Brits using bank transfer.
  • Coinbase (buy with EUR)

or, click here for a detailed guide on buying BTC in the UK

Waiting for a bank transfer or verification? Get a head-start by signing up for your Binance account while you wait…

Step 2: BTC -> Shiba Inu (SHIB)

Now, we will use Binance (the most popular crypto exchange) to buy Shiba Inu (SHIB) with Bitcoin…

  1. Register for a Binance account here
  2. Deposit Bitcoin to your account (your Binance Bitcoin wallet) by heading to Funds -> Deposits in the top menu
    A. Select BTC from the drop-down menu, and copy your BTC Deposit Address
    Send your Bitcoin to this address.
    i.e. if you purchased BTC from CEX.IO, use their ‘withdraw’ page to send BTC to your Binance BTC wallet.
  3. Once Bitcoin has reached your Binance wallet, head to Exchange -> Basic via the top navigation bar.
  4. Use the panel to the right side of the screen (which shows many currency pairs alphabetically, starting AMB/BTC, ARK/BTC, etc.)
    1. Type SHIB in the search bar
    2. Click the SHIB/BTC link to reach the market page
  5. Using the Buy SHIB panel, set your Buy parameters, and click the green buy SHIB button
    1. This places an order, which can be monitored via the Orders tab in the top navigation bar, or directly below the Buy box in the Open Orders pane
    2. When your order is filled, the exchange is complete, and your SHIB will appear in your SHIB wallet under the Funds -> Balances page