To initiate your journey in purchasing Shiba Coin on Binance, you first need to create a Binance account if you don’t have one yet. Head over to the official Binance website and click on the “Register” button. Fill in your email address and create a strong password to secure your account. After registration, you will need to verify your email by clicking on the link sent to your inbox. Once your account is verified, itS crucial to enable two-factor authentication (2FA) for an added layer of security. Now you are ready to explore the trading world!
With your account set up, the next step involves depositing funds to buy Shiba Coin. Navigate to the “Wallet” section and select “Fiat and Spot” where you can choose to deposit cryptocurrency or fiat currencies such as USD or Euro. If you decide to deposit fiat, select the payment method that suits you best. Once your deposit is completed, follow these steps to purchase Shiba Coin:
- Go to the “Markets” tab.
- Search for SHIB (the ticker symbol for shiba Coin).
- Select the trading pair that matches your deposited currency (e.g., SHIB/USDT).
- Click on “Buy SHIB”, enter the amount you wish to purchase, and confirm your order.
