How and Where to Buy Baby Shiba Inu (BABYSHIBAINU) – Detailed Guide
- What is BABYSHIBAINU?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy USDT with fiat money
- Step 3: Transfer USDT to an Altcoin Exchange
- Step 4: Deposit USDT to exchange
- Step 5: Trade BABYSHIBAINU
- Last Step: Store BABYSHIBAINU securely in hardware wallets
- Other useful tools for trading BABYSHIBAINU
- Frequently Asked Questions
- Latest News for BABYSHIBAINU
- BABYSHIBAINU Price Prediction and Price Movement
What is BABYSHIBAINU?
To learn more about this project, check out our deep dive of Baby Shiba Inu.
What Is Baby Shiba Inu (BABYSHIBAINU)?
Just like Dogecoin, Baby Shiba Inu is a meme coin. The coin is part of the group of fast-growing canine-related cryptocurrencies. This particular meme coin is trying to be the cutest canine-related coin, spreading puppy love.
Baby Shiba Inu was launched on July 24, 2021. The meme-coin offers a new reward system for NFTs and staking. All the token holders contribute to the Shiba Rescue American Organization, according to the project’s donation plan.
However, these donations don’t affect the rewards and profit for the meme token, because Baby Shiba Inu touts itself as a sustainable project with competitive reward plans for long-term token holders.
Who Are the Founders of Baby Shiba Inu?
The Baby Shiba Inu founding creators are anonymous, just like the creators of most meme coins. The coin is newly launched and still in stage 1 of its roadmap, including the coin launch, website launch, marketing push and rewarding community with giveaways.
Baby Shiba Inu promises to bring rewards based on the outlined course of action in the roadmap by the founders.
What Makes Baby Shiba Inu Unique?
Baby Shiba Inu prides itself on transparency, fairness, competitive rewards and true social purpose.
Unlike most meme coins, Baby Shiba Inu serves its community by generating rewards and donating to charity at the same time. The meme coin founders plan to contribute to dog rescue foundations, and about $5,000 has been donated so far (as of August 2021).
Part of the coin’s long-term goal is to establish an NFT platform for mobile phone devices that will allow the creation and sale of NFTs. Also, as an incentive, all holders of the BabyShibaInu token will continue receiving rewards via the token sale and through using the platform itself.
The coin was built on the Binance Smart Chain, to increase output and reduce the need for high gas fees common to Ethereum. From the breakdown of the transaction fees, 2% of the transaction fees are distributed among holders. This means that holders make money from transactions performed with the coin on the platform.
Also, Baby Shiba Inu set its max transactions at 10 trillion to prevent pumping and dumping.
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To know more about the products, partnerships, announcements and more, visit our blog page.
How Many Baby Shiba Inu (BABYSHIBAINU) Coins Are There in Circulation?
Currently, the holders of the meme coin stand at 31,000 holders with a community of about 12,400 Telegram users (as of August 2021). The total circulating supply of Baby Shiba Inu is not available. However, the max supply stands at one quadrillion Baby Shiba Inu coins.
The total burned tokens stand at 53.4%, accounting for a total of 534.1 trillion.
6% will be locked to equity from the transaction fees, 3% is dedicated to marketing/giveaway and 2% to holders.
How Is the Baby Shiba Inu Network Secured?
Baby Shiba Inu runs on the Binance Smart Chain. The lack of breaches or hacks in Binance Smart Chain’s record indicates that no known flaws exist in the chain. The reward program incentivizes security teams and projects to frequently examine every aspect of BSC’s security, guaranteeing that even the tiniest flaws are quickly addressed.
When Will Baby Shiba Inu Trading Begin?
The coin has already started trading and is already trading on PancakeSwap with a 24-hour trading volume of $204,700.76 Baby Shiba Inu, in August 2021. About two months ago, the coin reached its all-time high of $0.014475.
Can Baby Shiba Inu Coin Hit $1?
Currently, the coin is trading at $0.000000006636, about a 78% drop from its ATH of $0.000000030198.
We can’t be sure if Baby Shiba Inu will ever reach $1. However, the founders are doing everything necessary to boost the price by attracting additional investors.
Where Can You Buy Baby Shiba Inu (BABYSHIBAINU)?
Before you can buy Baby Shiba Inu, you must have a Trust Wallet or a MetaMask. After you get the appropriate wallet, you add BNB to your wallet either through transfer or by directly purchasing it via the BabyShibaInu BUY feature. After adding BNB, visit https://swap.babyshibatoken.com/swap to buy the Baby Shiba Inu coin.
You can also exchange the coin on platforms like PancakeSwap.
Read more here on how to buy a coin.
BABYSHIBAINU was first tradable on 25th Jul, 2021. It has a total supply of unknown. As of right now BABYSHIBAINU has a market capitalization of USD $17,730,719.33. The current price of BABYSHIBAINU is $1.77e-8 and is ranked 3970 on Coinmarketcap and has recently surged 66.08 percent at the time of writing.
BABYSHIBAINU has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying USDT from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy BABYSHIBAINU.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy USDT with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose USDT, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer USDT to an Altcoin Exchange
- PancakeSwap
But we are not done yet. We need to convert our USDT into BABYSHIBAINU. As BABYSHIBAINU is currently listed on PancakeSwap we will guide you through how to convert your USDT on the platform. Unlike other centralised exchanges the conversion steps will be a little different on PancakeSwap since it is a decentralised exchange (DEX) which does not require you to register an account nor going through any KYC process, however, trading on a DEX requires you to manage your own private key to your altcoin wallet and it is suggested that you take extra care of your wallet private key, because if you lost your keys, it means that you will lost access to your coins forever and no customer support will help you retrieve your assets back. Although if managed properly it is in fact more secure to store your assets in your own private wallet than on exchange wallets. If you are still uncomfortable with using a DEX just yet, check if BABYSHIBAINU is available on any other traditional centralised exchanges on the tab above. Otherwise let’s follow these steps carefully.
Convert your USDT into BNB on Binance
PancakeSwap is a DEX that is similar to Uniswap/Sushiswap, but instead it runs on Binance Smart Chain (BSC), where you will be able to trade all BEP-20 tokens (as oppose to ERC-20 tokens in the Ethereum blockchain), unlike Ethereum, it greatly reduces the trading(gas) fees while trading on the platform and is gaining popularity recently. PancakeSwap is built on an automated market maker (AMM) system which relies on user-funded liquidity pools and that is why it can work perfectly without a traditional order book from centralised exchanges.
In short, as BABYSHIBAINU is a BEP-20 token running on Binance Smart Chain, the quickest way to buy it is to transfer your USDT to Binance (or the exchanges listed on the table below for US traders), convert it into BNB, then send it to your own wallet via Binance Smart Chain and swap your BNB for BABYSHIBAINU on PancakeSwap.
US traders should consider signing up on the exchanges below.
Once you have registered on Binance or the exchanges suggested above, head over to the wallet page and choose the USDT and click deposit. Copy the USDT address and head back to UpHold, withdraw your USDT to this address and wait for it to arrive, this should take around 15-30 minutes depending on usage of the USDT network. Once arrived, trade your USDT to Binance Coin (BNB).
Transfer BNB to your own wallet
Here comes the trickiest part of the process, now you need to create your own wallet to hold both BNB and BABYSHIBAINU, there are several options to create your own wallet, the best option is to use a hardware wallet, such as Ledger Nano S or Ledger Nano X. They are secure hardware that provide various layers of security to protect your assets, you only have to store the seed phrases in a safe place and never put it online (i.e. do NOT upload the seed phrases to any cloud services/storage/email, and also do not take photo of it). If you are planning to stay in the crypto scene for a while, it is highly recommended that you get a hardware wallet.
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Alternatively you can create your own wallet, here we will use MetaMask as an example to show you how to set up your wallet.
Add MetaMask extension to Chrome
We recommend using Google Chrome or Brave Browser here. Go to Chrome Web Store and search for MetaMask, make sure the extension is offered by https://metamask.io for safety and then click Add to Chrome.
Proceed with "Get Started" and then click on "create a wallet" in the next screen, read all the instructions on the next screen and then click "Agree"
Next choose a secure password to secure your MetaMask wallet, this password is not your private key or seed phrases, you only need this password to access the Chrome Extension.
Here comes the backup phrase generation step, on the screen you will see a list of random words appearing after you click "reveal secret words", write these words down on a piece of paper and do not ever save them online, anywhere. For extra security you may even consider getting a Cryptosteel Capsule from Ledger to store your phrases securely and physically.
Once you have saved your seed phrases securely, confirm on the next screen by verifying them. And you’re done! Read the tips once more to ensure you’re fully aware of the security issues and click all done, now your wallet is ready. Now click on the MetaMask icon on the extension bar on the browser and unlock your wallet with your password. You should see your initial balance afterwards.
Now you are ready to deposit your BNB to your wallet, head over to PancakeSwap, click "Connect" at the top and choose MetaMask.
If this is your first time to connect with MetaMask you should be asked immediately if you would like to add the Binance Smart Chain network to your MetaMask, please do proceed with this step as it is very important that you make sure you are sending your BNB via the right network. After adding the network, switch to the network on MetaMask and you should be able to see your BNB balance on the Binance Smart Chain. Now copy the address to clipboard by clicking on the account name.
Now head back to Binance or whichever exchange you bought BNB. Go to the BNB wallet and select Withdraw, on the recipient address, paste your own wallet address and make sure it is the correct address, then on transfer network, make sure you have selected Binance Smart Chain (BSC) or BEP20 (BSC)
Click submit and follow the verification steps afterwards. After successfully withdrawing your BNB it should arrive very shortly to your own wallet. Now you’re ready to buy BABYSHIBAINU finally!
Head back to PancakeSwap, select Trade > Exchange on the left sidebar
You should see a relatively simpler interface here with basically just two fields, from and to, and a big button saying either "Connect Wallet" or “Swap”.
Click on Connect Wallet if you haven’t done so already. Otherwise you should be able to see your BNB balance here at the from field, enter the amount you would like to exchange for BABYSHIBAINU and then on the to field, choose BABYSHIBAINU from the dropdown, the corresponding amount of BABYSHIBAINU should show up immediately. Verify and then proceed with "Swap". In the next screen, confirm the transaction once more by clicking Confirm Swap. Now MetaMask should pop up and ask you if you want to allow PancakeSwap to spend your BNB, click Confirm. Wait for the confirmation screen until it shows "Transaction Submitted", congratulations! You have finally bought BABYSHIBAINU!! After a short while you should be able to see your BABYSHIBAINU balance on your MetaMask Wallet.
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once BABYSHIBAINU gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Gate.io
Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.
BitMart
BitMart is a crypto exchange from the Cayman Islands. It became available to the public in March 2018. BitMart has a truly impressive liquidity. At the time of the last update of this review (20 March 2020, right in the middle of the crisis with COVID-19), BitMart’s 24 hour trading volume was USD 1.8 billion. This amount placed BitMart on place no. 24 on Coinmarketcap’s the list of exchanges with the highest 24 hour trading volumes. Needless to say, if you start trading here, you will not have to worry about the order book being thin. Many exchanges does not allow investors from USA as customers. As far as we can tell, BitMart is not one of those exchanges. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.
Last Step: Store BABYSHIBAINU securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your BABYSHIBAINU for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Other useful tools for trading BABYSHIBAINU
Encrypted Secure Connection
NordVPN
Because of the very nature of cryptocurrency – decentralised, it means that users are 100% responsible for handling their assets securely. While using hardware wallet allows you to store your cryptos in a safe place, using an encrypted VPN connection while you trade makes it harder for hackers to intercept or eavesdrop your sensitive information. Especially when you are trading on the go or in a public Wifi connection. NordVPN is one of the best paid (note: never use any free VPN services as they may sniff your data in return of free service) VPN services out there and it has been around for almost a decade. It offers military-grade encrypted connection and you can also opt-in to block malicious websites and ads with their CyberSec feature. You can choose to connect to 5000+ servers in 60+ countries base on your current location, which ensures you to always have a smooth and secure connection wherever you are. There is no bandwidth or data limits that means you can also use the service in your everyday routines such as streaming videos or downloading large files. Plus it is among the cheapest VPN services out there (only $3.49 per month).
Surfshark
Surfshark is a much cheaper alternative if you are looking for a secure VPN connection. Although it’s a relatively new company, it has already 3200+ servers distributed in 65 countries. Apart from VPN it also has some other cool features including CleanWeb™, which actively blocks ads, trackers, malware and phishing attempts while you are surfing on your browser. Currently, Surfshark does not have any device limit so you can basically use it on as many devices as you want and even share the service with your friends and family. Use the signup link below to get an 81% discount(that’s a lot!!) at $2.49/month!
Atlas VPN
IT nomads created Atlas VPN after seeing a lack of top-notch service within the free VPNs field. Atlas VPN was designed for everyone to have free access to unrestricted content without any strings attached. Atlas VPN set out to be the first trustworthy free VPN armed with top-notch technology. Furthermore, even though Atlas VPN is the new kid on the block, their blog team’s reports have been covered by well-known outlets such as Forbes, Fox News, Washington Post, TechRadar and many others. Below are some of the feature highlights:
- Strong encryption
- Tracker blocker feature blocks dangerous websites, stops third-party cookies from tracking your browsing habits and prevents behavioural advertising.
- Data Breach Monitor finds out whether your personal data is safe.
- SafeSwap servers allow you to have many rotating IP addresses by connecting to a single server
- Best prices on the VPN market (only $1.39/month!!)
- No-log policy to keep your privacy safe
- Automatic Kill Switch to block your device or apps from accessing the internet if the connection fails
- Unlimited simultaneous connections.
- P2P support
Frequently Asked Questions
Can I buy BABYSHIBAINU with cash?
There is no direct way to buy BABYSHIBAINU with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy BABYSHIBAINU in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy BABYSHIBAINU or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
Read more on Baby Shiba Inu's fundamentals and current price here.
BABYSHIBAINU Price Prediction and Price Movement
BABYSHIBAINU has been down 63.25 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that BABYSHIBAINU's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if BABYSHIBAINU is backed by a solid development team and whether BABYSHIBAINU's technology has any potential to grow.
Please note that this analysis is purely base on BABYSHIBAINU's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Latest News for BABYSHIBAINU
