Shiba Inu Brokers & Exchanges

Shiba Inu trading is relatively new in the cryptocurrency world, with the coin only being created in mid-2020. However, the Ethereum-based crypto has surged rapidly in recent months, spurred on by Dogecoin’s popularity. Sharing the same lofty ambitions, Shiba Inu has recently been added to Coinbase Pro’s trading platforms. This article will explain what Shiba Inu trading is and discuss its pros and cons alongside outlining where you can buy and trade the token.

Shiba Inu Brokers & Exchanges

#1 - Webull

Webull offers trading on popular cryptos such as Bitcoin against the US Dollar.

  • Crypto Spread: Floating
  • Crypto Lending: No
  • Platforms: Own
  • Crypto Staking: No
  • Minimum Deposit: $0
  • Regulator: SEC, FINRA

Webull Crypto Coins

Webull offers trading on a large number of coins, at least 43 coins. For example: ADA DASH, ALGO, ATOM, AVAX, BAT, BCH, BTC, CRV, DOGE, EOS, ETC, ETH, FTM, GRT, LINK, LRC, LTC, LUNA, MANA, MATIC, REM, SHIB, SISHI, SOL, TRX, UNI, XLM, XMR, XTZ, ZEC

Forex Trading

Webull offers FX trading with tight floating spreads

Stocks Trading

Webull offers trading on 2,000 US stocks and shares via a powerful mobile app.

About Webull

Webull offers a popular online stock trading app with low fees and generous bonuses.

#2 - Uphold

Uphold offers trading on more than 100 crypto assets including via crypto-only pairs and crypto-fiat cross pairs.

  • Crypto Spread: 0.5% to 1% average
  • Crypto Lending: No
  • Platforms: Own
  • Crypto Staking: Yes
  • Minimum Deposit: $0
  • Regulator: FCA, FinCEN

Uphold Crypto Coins

Uphold offers trading on a large number of coins, at least 96 coins. For example: AAVE, ADA, ALCX, ALGO, API3, ATOM, AUDIO, AVAX, AXS, BAL, BAT, BCH, BTC, BTCO, CAKE, CHR, DAO, DYDX, ETH, GHST, GLMR, GODS, INH, LSK, NMR, REQ, ROOK, TRB, XRP, XYO

Stocks Trading

Speculate on large US stocks including Tesla, Amazon, Alibaba and Apple

About Uphold

Trading in the Uphold environment offers a one-stop-shop for all your crypto requirements.

#3 - Firstrade

Take positions on 35+ cryptocurrencies with low fees and 24/7 investing.

  • Crypto Spread: Variable
  • Crypto Lending: No
  • Platforms: Own
  • Crypto Staking: No
  • Minimum Deposit: $0
  • Regulator: SEC, FINRA

Firstrade Crypto Coins

Firstrade offers trading on at least 26 crypto coins: ADA, ALGO, ATOM, AVAX, BAT, BCH, BTC, CRO, CRV, DOGE, ETC, ETH, FTM, GRT, LINK, LRC, LTC, MANA, MATIC, REN, SHIB, SOL, SUSHI, UNI, XLM, YFI

Stocks Trading

Trade stocks commission-free with access to major exchanges in the US and abroad.

About Firstrade

Firstrade is a US-headquartered discount broker-dealer. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular online brokerage.


  • Good execution speed
  • Strong regulatory oversight
  • Low minimum deposit


  • Narrow range of investments
  • No copy trading
  • No demo account

#4 - Pionex

Pionex is an automated crypto trading platform with built-in bots and a wide range of tokens.

  • Crypto Spread: Market
  • Crypto Lending: No
  • Platforms: Own
  • Crypto Staking: No
  • Minimum Deposit: $0
  • Regulator: FinCEN

Pionex Crypto Coins

Pionex offers trading on a large number of coins, at least 229 coins. For example: AAVE, ADA, ALICE, AXS, BAKE, BCH, BTC, BTT, BUSD, CAKE, DOGE, DOT, EOS, ETC, ETH, FIL, HT, ICP, JST, LINK, LTC, NFT, PUNDIX, SNX, SUN, TFUEL, TRX, UNI, WIN, XRP

About Pionex

Pionex is a cryptocurrency exchange with impressive automated trading tools and bots.

#5 - Binance

Binance is one of the world's leading crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace.

Binance is good for active crypto investors looking to trade big tokens like Bitcoin plus niche coins with low fees.

- DayTrading Review Team
  • Crypto Spread: Variable fees with account tiers
  • Crypto Lending: Yes
  • Platforms: AlgoTrader
  • Crypto Staking: Yes
  • Minimum Deposit: $0
  • Regulator: FCA

Binance Crypto Coins

Binance offers trading on a large number of coins, at least 56 coins. For example: ADA, ALGO, BCH, BNB, BTC, BUSD, DAI, DOGE, EGLD, ENJ, EOS, ETH, HBAR, HNT, IOTA, LINK, LTC, MANA, MATIC, NANO, NEO, ONE, QTUM, RVN, SOL, USDT, VET, VTHO, XLM, ZIL

About Binance

Binance is one of the best-known crypto exchanges. The company is available in more than 180 countries with over 120 million registered customers. The platform offers a suite of crypto trading products, from staking and NFTs to derivatives.


  • Trade popular cryptos with high leverage up to 1:125
  • The account opening process is straightforward
  • Binance Academy is a great resource for beginners


  • The crypto exchange has been hacked
  • Some regulatory investigations
  • No contact support number

What Is Shiba Inu?

Shiba Inu (SHIB) is an ERC-20 token, which means that it runs on the Ethereum blockchain and uses the network’s smart-contract technology. The advantage of running on Ethereum is that it is a secure, well-established blockchain that allows SHIB to remain decentralized and independent of moderating forces.

The Shiba Inu token plans to become a new DeFi ecosystem with its platform, ‘ShibaSwap’. This decentralized exchange will feature three native tokens, Shiba Inu (SHIB), Leash (LEASH) and Bone (BONE). There are also plans for the exchange to integrate non-fungible tokens (NFTs) into the platform, with the website encouraging artists to begin a Shiba Inu dog-inspired artistic movement.

Shiba Inu TradingView Ideas

The History Of Shiba Inu

Shiba Inu has a brief but interesting trading history. Created by an anonymous person/group going by the name Ryoshi, Shiba Inu was launched in August 2020. Ryoshi started with a supply of 1 quadrillion crypto-tokens, of which they gave 50% to Ethereum founder Vitalik Buterin. The other 50% were put onto the decentralized exchange UniSwap, at a starting price of around $0.000000000056.

Buterin intriguingly then donated 50 trillion Shiba Inu tokens, worth an estimated $1 billion, to the India Covid Crypto Relief Fund. He then proceeded to burn the rest of the coins, bringing delight to traders who had bought the token on various trading platforms and apps as the value soared.

Since then, Shiba Inu has stabilised somewhat, though it still demonstrates solid growth. The creators also released two more tokens on the ‘ShibaSwap’ platform, Bone and Leash. Holders can stake Shiba Inu tokens to ‘dig’ for either of these new tokens.

Shiba Inu Chart

Benefits Of Trading Shiba Inu

Various price forecasts from crypto news sites and prediction portals, such as Trading Beasts, point in a positive direction for Shiba Inu (SHIB). As a result, trading Shiba Inu is arguably an attractive option for both new and experienced traders, so let us investigate the benefits of trading the emerging crypto.

Drawbacks Of Trading Shiba Inu

As with any cryptocurrency, solely looking at the benefits of Shiba Inu trading is a dangerous path to go down. The risks and drawbacks must also be analysed to present the whole picture and ensure you can make informed investment decisions.

Where Can I Trade Shiba Inu?

You may be wondering what exchanges or brokers you can use for Shiba Inu trading, if any. After all, it is such a young token that you might not expect many exchanges to support it.

In reality, many of the most popular crypto exchanges already support Shiba Inu trading. Centralized exchanges such as Binance, Coinbase, OKEx and, all allow users to buy and sell Shiba Inu coins. SHIB is also available on the decentralized exchange UniSwap, which is powered by Ethereum’s blockchain, making it a great place for trading Shiba Inu coins.Shiba Inu Trading App In India

If you are interested in trading Shiba Inu tokens, but cannot decide which exchange to use, compare the various trading fees associated with each exchange.

How To Buy Shiba Inu Tokens

Choose An Exchange

Decide whether you want to buy through a centralized exchange (CEX) or decentralised exchange (DEX).

DEXs, like UniSwap, requires users to obtain a software wallet like MetaMask or CoinBase Wallet to begin reading on the platform. These wallets are free to use and let you truly own your crypto. You will also have to purchase Ethereum tokens, which can then be used to buy SHIB.

Open An Account

The first step towards buying SHIB is to open an account with an exchange that supports its purchase, like one of those mentioned above. Setting up an account is simple, just provide an email address and create a password. After that, you may be required to verify your identity with information like your birthday and driver’s license.

Obtain A Wallet

Whether you chose a DEX or CEX, you will want a safe place to store any tokens you obtain while Shiba Inu trading. There are several types of wallets available:

Purchase Shiba Inu Coin

Now that you are set up with an exchange and have a wallet to store your tokens, you are ready to start Shiba Inu trading. Log in, check the current prices and trends and then place your order when you are ready.

Tips For Shiba Inu Trading

As with most forms of short-term trading, you should check market data and the latest trends. The coin is still young and volatile, so you should regularly check charts and graphs for ideas. Websites similar to TradingView are ideal for understanding what coins like SHIB are trading for right now.

Another tip is to not just follow the price in US dollars (USD). Keep track of trading pairs such as Shiba Inu against Bitcoin, Litecoin or Ether. Tracking and trading SHIB against other coins could increase the potential profit you make due to a further increase in volatility.

If you want to make Shiba Inu trading even easier, look at investing in trading signals or even a live bot. Signals analyse the data for you and tell you what to buy and when, while bots take this a step further and make the purchases for you too. However, it is important to note that these systems can still make mistakes and caution should always be taken.

You should also stay up-to-date on the latest Shiba Inu trading news. Big announcements can cause the value of coins like SHIB to vary greatly. Even something as simple as a mention on Twitter from Elon Musk can send the price soaring, so try to stay in the loop when you are trading.shiba inu trading when starting price crypto

Final Word On Shiba Inu Trading

Trading Shiba Inu has the potential to be lucrative as its youth brings with it lots of volatility. The range of supported exchanges and connection to other Ethereum DeFi projects make it particularly popular, though prospective investors looking at Shiba Inu trading should be wary of the potential for the popularity of meme tokens to drop. Head to our list of brokers and exchanges that support Shiba Inu trading to get started.


Will Shiba Inu Be Traded On Coinbase?

Yes, Shiba Inu trading is supported on Coinbase. Since June 17th, 2021, it has also been available on Coinbase Pro. Remember it’s worth taking the time to understand what the data around volume and volatility means before buying or selling the coin .The Coinbase platforms also show what the crypto token is trading at today.

Will Shiba Inu Trade On Robinhood?

While there are no concrete plans in place, it has been rumoured that the Shiba Inu trading will be supported on Robinhood soon. However, no dates have been released by either party.

Will SHIB Reach $1?

There is no way of knowing for sure. Some prediction portals say it will, while others think it will not even get close to $0.1. As with any crypto, the future value is very hard to predict, and you just must wait to see how far it goes.

Is Shiba Inu Coin A Safe Investment?

Shiba Inu trading, as with any form of cryptocurrency speculation, is inherently unsafe and unpredictable. While you can try to limit your risk by carrying out proper research and implementing robust risk management strategies, it will never be fully ‘safe’.

Can Shiba Inu Make Me A Millionaire?

SHIB has already made some early investors into millionaires, so the potential is definitely there. If you want to join their ranks, you would have to trade smart, understand price forecasts and take care when weighing up the risks. With that said, there is the possibility that you could do all these things and still lose all your money as nothing is certain when Shiba Inu trading.