how to buy shiba inu coin in malaysia

To purchase Shiba Inu in Malaysia, first choose a reputable crypto exchange like Binance, Huobi, or Crypto.com, create an account, deposit funds, search for "SHIB," place a buy order, and store the SHIB securely in an exchange wallet or personal cryptocurrency wallet.

Oct 16, 2024 at 03:17 am

How to Buy Shiba Inu Coin in Malaysia

Step 1: Choose a Crypto Exchange

• Binance: Largest crypto exchange with a wide selection of cryptocurrencies, including Shiba Inu.
• Huobi: Reputable exchange with a user-friendly interface and competitive fees.
• Crypto.com: Offers a mobile app and various payment methods for easy purchases.

Step 2: Create an Account

• Visit the exchange's website or download the mobile app.
• Register for an account by providing personal information and verification documents.

Step 3: Deposit Funds

• Log in to your account and click on "Deposit."
• Select a deposit method, such as bank transfer, credit card, or Stablecoins.
• Follow the instructions to deposit the desired amount.

Step 4: Find Shiba Inu

• Navigate to the exchange's trading page.
• Search for "Shiba Inu" or "SHIB" in the search bar.

Step 5: Place an Order

• Choose the trading pair (e.g., SHIB/USDT) and enter the amount of SHIB you want to buy.
• Select the order type (e.g., "Market Order" for instant execution or "Limit Order" to set a specific price).
• Click "Buy" to submit your order.

Step 6: Store Your Shiba Inu

• Once the order is executed, the SHIB will be credited to your exchange wallet.
• For long-term storage, it's recommended to transfer the SHIB to a personal cryptocurrency wallet or hardware wallet.

Additional Tips:

• Research different exchanges before choosing one to ensure it supports Shiba Inu and has a good reputation.
• Consider the fees associated with the exchange and payment methods.
• Start with a small investment and gradually increase as you gain more experience and knowledge.
• Always store your cryptocurrency in a secure wallet and enable two-factor authentication for enhanced security.