How to buy Shiba Inu coin in trust wallet- Trust Wallet is a fantastic choice to purchase SHIB coin. It’s one of the most secure crypto wallets out there and has a unique interface that makes it appealing even to new users. The wallet supports a variety of cryptocurrencies from Bitcoin, Ethereum and others. Here is a breakdown of how to buy Shiba Coin on Trust Wallet.
How to Buy Shiba Inu on Trust Wallet
To buy a Shiba coin on the Trust wallet, you first have to create a wallet. Go to Trustwallet.com and download the Trust Wallet app for Android or IOS.
Once the app is downloaded to your phone, open it and tap “create new wallet.” You’ll be provided with 12-word recovery phrases. You must keep these phrases securely as you’ll need them to access your wallet if you change your device or log out.
Once you’ve created a Trust Wallet, you should see a list of various cryptocurrencies on the home page. SHIB coin is listed as one of the default cryptocurrencies, so you’ll have to add it manually.
How To Add ShibaCoins To Trust Wallet
- Click on the ‘sort icon’ at the top right corner.
This will take you to the ‘search tokens’ page.
- Scroll to the bottom and click on “Add Custom Token.”
This should take you to the “add custom token page,” below.
- Copy Shiba Inu Coin Wallet Address: 0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce
- Then tap “Paste” on the “Add Custom Token” page.
It should display the following:
- Network: Ethereum
- Name: SHIBA INU
- Symbol: SHIB, and
- Decimals: 18
- Click Done to add the SHIB cryptocurrency to your Trust Wallet.
Go back to the app home page and you should find Shiba Inu amongst the listed cryptocurrencies. Trust Wallet is also a great place to track the price trend of various coins.
If it’s still unclear, you can scroll down to a youtube video on How To Buy Shiba Inu Coin In Trust Wallet.
- How To Buy Shiba Inu Coin With Any Amount
- How to start trading stocks with little capital
- All You should know about mutual funds.
How To Buy Shiba Inu Coin In Trust Wallet
Trust Wallet doesn’t sell cryptocurrencies, they allow you to buy from a trusted third-party seller. Here is how to buy Shiba coin on Trust Wallet.
- To buy SHIB coin, click on the SHIBA INU from the list of cryptocurrencies.
- Then click on BUY SHIB.
This should take you to the SHIB purchase page, where you can input the amount of SHIB coin you want to buy. Trust Wallet allows purchases as low as $50 and a maximum of $20,000.
The default is $150, so you should clear that and type in the amount you want to purchase (not lower than $50). There are two major third-party sellers you can buy SHIB from on Trust Wallet: MoonPay and Simplex.
You can watch the youtube video on How To Buy Shiba Inu Coin In Trust Wallet and follow step by step.
As you type in the amount you want to buy, Trust Wallet will automatically choose the seller that offers the best deal (the higher number of coins).
- So if you want to buy $100 worth of coins, type in $100 and tap next.
You’ll be directed to the seller’s website where you may be required to sign up to complete the transaction.
Just follow the prompt;
- Provide and verify your email.
- Provide your name address and other information.
- Then enter your card details to make the payment.
Once you’ve paid, the Shibacoins should arrive in your Trust Wallet account in time.
How To Buy Shiba Inu Trust Wallet (Method 2)
You don’t necessarily need to buy SHIB cryptocurrency from the Trust Wallet app. You can buy from another app or seller and send it to your Trust Wallet account.
For instance, if you have a friend or find a reliable seller who wants to sell their SHIBcoins, you can have them send it to your Trust Wallet. Although you may attract some transaction fees for sending the coin.
Want more options?
Here’s a step-by-step guide on how to buy Shiba Inu coins from various platforms including, eToro, Coinbase, Binance, Webull, and others.
Step by Step video on how to buy Shiba Inu on Trust wallet.
Here’s a video on our youtube channel to walk you through How To Buy Shiba Inu Coin In Trust Wallet,
Should You Invest In Shiba Inu?
Note: This is an opinion article and not financial advice.
Before you put your money into Shibacoins or any other cryptocurrency, it’s important to note that such investment, just like any other comes with some elements of risk. While the price of Shiba Inu coin may be trending high now, there’s the possibility that it may fall.
So that’s how to buy Shiba Inu Coin in Trust Wallet. The Great thing about buying Shiba Inu now is that it’s very affordable, so you can put in just a few dollars to get a good number of coins. Then you should hold it long-term and hope the price continues to rise. Finally, the general principle of risky investing also applies here, invest what you can lose.