To get started with purchasing Shiba Coin on Binance, the first step is to ensure you have a verified account on the platform. if you haven’t done this yet, visit the Binance website and create an account by providing your email and creating a password. Once your account is set up, complete the verification process by submitting the required identification documents. This step is crucial for enhancing the security of your transactions and complying with regulatory standards. After verification, make sure to enable two-factor authentication (2FA) for added security.
Once you’re all set up, the next phase involves depositing funds into your Binance wallet. You can deposit cryptocurrencies or fiat money.If you choose to deposit fiat, Binance supports various methods such as bank transfers and credit cards. For cryptocurrency deposits, simply navigate to the “Wallet” section and select “Deposit.” Here, you’ll find an option to choose the crypto you wish to deposit. After your funds are in your Binance wallet, follow these steps:
- Navigate to the “Markets” section and search for SHIB.
- Select the appropriate trading pair, such as SHIB/USDT or SHIB/BTC.
- Click “Buy” and choose the amount of Shiba Coin you want to purchase.
- Review your order and confirm your purchase.
