Despite being launched as a token without much practical utility, the team behind Shiba Inu has successfully developed legitimate use cases for the platform.
What is SHIB used for?
Previously, SHIB was mainly used as a store of value. However, Shiba Inu launched its own decentralized exchange platform, ShibaSwap, in July 2021. There, users can trade different tokens and receive rewards for holding SHIB.
ShibaSwap also supports an NFT marketplace. Users can trade over 10,000 non-fungible tokens known as “Shiboshis,” unique artworks centered around Shiba Inu dogs.
How do I sell SHIB?
It’s easy to sell Shiba Ibu in Australia by joining a trusted trading platform like Coinstash. Simply log in to your account and enter the amount of SHIB you want to sell. Or, you can select the option to enter the equivalent amount of AUD. Then click Sell SHIB. It’s as simple as that!
Learn how to buy Shiba Inu.
Why should I trade Shiba Inu with Coinstash?
Coinstash AU is one of the highest-rated crypto platforms in Australia. Since 2017, we’ve been a one-stop crypto solution for thousands of customers.
People love our great customer support, easy-to-use interface, industry-leading security, and other innovative features. We’re also an AUSTRAC registered exchange and have an AFSL license so that you can trade with confidence.
Ready to start trading Shiba Inu (SHIB)? Create your Coinstash account in minutes!
The Shiba Inu price is $0.00004166 AUD, representing a +7.87% from the day prior.
The best place to buy Shiba Inu (SHIB) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Shiba Inu (SHIB) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of Shiba Inu (SHIB) is $5.0B AUD in the last 24hrs, representing a +7.87% from the day prior.
Shiba Inu (SHIB) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Shiba Inu (SHIB) is $24.7B AUD.
Yes - With Coinstash you can convert your Shiba Inu (SHIB) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of Shiba Inu (SHIB) is 589.3T.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Shiba Inu (SHIB) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.