If you are looking for a powerful crypto exchange that provides all the features in one place, then KuCoin should be your priority. With the help of KuCoin instant exchange, you will easily swap your assets with zero platform fee. Also, KuCoin’s fast buy feature enables you to buy any cryptocurrency with the help of bank cards, PayPal, Alipay, WeChat, and several other payment methods. KuCoin also provides a different landing and staking option to traders for the best returns in the form of crypto coins. KuCoin lists many coins on their market, including BTC, ETH, SHIB, LUNC, etc. Today we are going to discuss SHIB in detail.
SHIB
SHIB is one of the largest cryptocurrencies, with a market capitalization of about 5.42 billion USD. It originates from Dogecoin killer, one of the world’s most famous meme coins. It was originally started as a joke, but due to its high popularity, this coin is now fully decentralized and 100 percent owned by the community. Due to a big Shiba meme fame, this token was backed by a huge community of fans named SHIB army. The dog of SHIB is highly popular when some celebrities use it in their tweets. The crypto investor who bought SHIB at its early stages makes lots of money after its popularity. While its low price and high fame still attract more buyers towards it and show more growth in future.
Working Principle Of SHIB
SHIB is designed to work as a Dogecoin. However, it is compatible with Ethereum and Based on the ERC-20 token. Due to its massive supply of about 1 quadrillion coins, it is highly affordable for every trader to own. The whales of the crypto industry provide it more support by owning a large portion. The designated decentralized exchange (DEX) provides more support to meme coin SHIB by lending it for more returns. DEX provides more opportunities to existing owners of SHIB and builds more interest for upcoming investors.
Best Place To Buy SHIB
You can easily buy SHIB on the KuCoin platform by following a simple procedure. First, you have to register and then add funds via different payment methods like bank cards, PayPal, Alipay, and several other options are also available on KuCoin. You can also use a P2P transaction to buy cryptocurrency if the above options are unavailable in your country. Then you can easily trade SHIB on the spot or future as well.
Conclusion
KuCoin is one of the fastest-growing crypto exchanges in the world. The variety of features include in it makes it separate from other platforms. They also provide different staking opportunities like soft pool provides a yearly 15% yield on crypto by staking coins. This offer is also valid on a very minimum deposit. Also, kuCoin provides one of the best security to its users because every 1 trader in the world out of 4 present on a KuCoin site. On the other hand, more than 700 Altcoins are listed on KuCoin, and today we discuss SHIB in detail.
