How To Invest In Shiba Inu (SHIB) From The UK (2023)

Last Updated December 20th 2022
5 Min Read

Meme coins have exploded in popularity during 2020-2021, leading many investors to wonder how to buy them. One of the main Mem cryptos that has skyrocketed in value is Shiba Inu. This meme coin has grown by more than 400000% since the beging of 2021.

Shiba Inu is one of the most popular meme tokens in the cryptocurrency sector. It is also one of the mimics of Dogecoin, the largest meme token by market capitalization. 

The cryptocurrency market is very competitive, and developers are always looking to develop the next major network or token with superior features than the former, which is what SHIB attempts to do. It seeks to solve the limitations of Dogecoin. 

If you research the crypto market, SHIB will likely pop up in one of your searches because of its massive gains. 

Not sure how to get started investing in Shiba Inu or whether you should in the first place? Here is what you need to know

Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

This guide will take you through buying Shiba Inu in the UK and how you can add this meme token into your investment portfolio. 

Some of the questions we will tackle in this guide include the following:  

  • How can I buy Shiba Inu in the UK? 
  • Different strategies to trade SHIB in the UK
  • How much would I have made if I invested $100 in Shiba Inu one year ago? 

If we answer all of the above questions, you will find it easy to start your investment journey with Shiba Inu. 

Currently, Shiba Inu ranks as the 13th largest cryptocurrency by market capitalization. Its market cap currently stands at over $23 billion, having surpassed some of the oldest cryptocurrencies in the market. 

During the early years of Shiba Inu, the developers sent 50% of the coin’s supply to Vitalik Buterin, Ethereum’s founder. Buterin burnt 90% of the tokens sent to him and donated the remaining 10% to a COVID fund in India. 

Buterin’s action to burn SHIB was a turning point for the meme coin, as its price moved from around $0.000000000056 to around $0.000084. Since then, it has been on a major uptrend. 

You can invest in Shiba crypto (SHIB) by buying its coins.

If you believe investing in SHIB token is right for you, you don't need to have thousands of pounds to do it. You can start with inly £50. 

How To Buy Shiba Inu Coins In The UK

You can buy Shiba Inu from a UK crypto brokerage platform. However, there are many ways that you can invest in this meme token. 

To buy Shiba Inu tokens in the UK, follow the below steps:

1. Open an exchange account 

The first step to buying Shiba Inu in the UK is to create a cryptocurrency exchange account. Many exchanges have listed Shiba Inu because it is a popular meme token. 

To create the account, you need to provide your name, email address and phone number. You also need to provide your identity by submitting a document such as a government-issued ID. 

2. Fund your account 

After creating the account, you need to fund it. Most exchanges will set $50 to $100 as the minimum amount you can deposit. However, you can still make a trade with as low as $10. 

You need to link your debit card or credit card to the exchange to fund the account. After this process has been completed successfully, deposit the amount you want to spend into the exchange, and this amount will be reflected on your account balance. 

3. Buy SHIB Coins

Now that you have a funded account, the other step is to buy SHIB. To do this, simply create an order in the exchange for the amount you want to spend. For instance, if you want to spend $50 to buy SHIB, you will receive SHIB tokens worth that much, going by the current market prices of the token. 

Now that you know how to buy SHIB, the other is to know different ways you can trade the token. 

Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

Different strategies To Trade SHIB In The UK 

Now that you have Shiba Inu tokens in your account, you need to research the different trading strategies available. You can trade SHIB tokens in the following ways: 

1. Day Trading Shiba Coins

Day trading is a popular strategy for investors who want to benefit from the price volatility of cryptocurrencies. Because of this volatility, the price of Shiba Inu can change several times a day. Therefore, you can choose to buy low and sell later in the day when the price spikes. 

However, day trading is a preferable option by expert traders because it requires you to keep checking the price movements. Moreover, if you trade without making any substantial office, you could end up draining your account because of the trading fees charged by exchanges. 

2. Buy And Trade Shiba Inu CFD Through Trading Platform

The other trading strategy is CFDs. Like day trading, this one is also not preferable for new traders. However, CFD is an ideal way of trading tokens that you do not actually have! 

When you buy a CFD, you do not actually own SHIB, but you are making a bet on the price movement. For example, you get to make money if you make a long “Buy” position, and SHIB’s prices rise. 

CFDs also come with leverage, adding to their perks. If you invest $100, you can create a large position as if you are trading with $1000, and the profits you make will come from the large position because of the leverage. 

3. Long-term SHIB Investing

Last but now least, we have long-term investing. Long-term investing is when you buy Shiba Inu tokens and store them in a crypto wallet. You can leave your assets in the wallet for several months or years before selling after prices have gone up. 

Long-term investing is good for beginner traders, but it can also be risky. Therefore, ensure you are making a long-term trade on a well-established token. 

Check Out: Is It Better To Invest Or Trade Shiba Inu?

How Much Would I Have Made If I Invested $100 In Shiba Inu One Year Ago? 

Shiba Inu has made over 75,000,000% gains in one year. In December 2020, SHIB was trading at around $0.000000000056. Therefore, if you had invested $100 in SHIB, you would have enjoyed a major gain on your investment. 

Several investors made major returns when SHIB reached an all-time high of $0.000086 in October. For instance, a warehouse manager in the US who invested $8000 in SHIB in 2020 made more than $5 million during the meme token’s record-high prices. 

Bottom Line 

Cryptocurrencies can be lucrative investments, but they can also be highly risky because of volatile prices. Therefore, before buying Shiba Inu in the UK, understand the risky nature and use an effective risk management strategy. Moreover, only invest money you can afford to lose because of the unprecedented price movements.

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Open an account with eToro, deposit some funds and finally – buy Shiba Inu tokens from just $10.


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Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

Read More:

Is Shiba Inu Coin A Good Investment And Should I Invest In SHIB?

Will Shiba Inu Reach $1? Is Shiba Inu A Good Investment For 5 Years?

How to Stake Shiba Inu

How Soon Can Shiba Inu Reach $0.01?

 Why Shiba Inu Is Going To Explode

Best Methods On How To Earn Shiba Inu Coins Fast