Trading cryptocurrencies can be intimidating for newcomers, but with Kucoin, everything becomes easy, even for beginners. Kucoin is a cryptocurrency exchange platform used by 1 in every 4 holders of cryptocurrencies. Kucoin has a strong point on its security which is run by a team of competent IT security professionals using sophisticated and latest security technology. It also makes trading cryptocurrencies easy to access and use for its users. This article will teach you how to buy Shiba Inu Coins.
First of all, you need to visit their website. Now the real stuff starts here. First of all, you need to create an account to trade. First of all, sign up. You do this by clicking on the signup button on the top right of the homepage.
Now you can enter your phone details or email, then click send code, after which you will receive the code on your chosen method, which you will have to enter in the next space. It would help if you created a strong password and used biometric authentication on their platform.
After this, you should set up your transaction methods, such as PayPal, skrill, credit cards, or debit cards. This is done by clicking on the Buy Crypto button on the top left, where you will have the option to choose your transaction method. Kucoin is a legitimate and safe platform, so you do not need to worry about security issues.
Now you can buy or sell the coin you want, in which case you will choose Shiba Inu. You will have to look at the Shiba Inu coin price before confirming your transaction for the currency you are exchanging it for. Preferably, you might have to buy USDT first; the USDT price is dependent on your currency’s exchange rate, which can also be found on Google.
Once you have USDT in your wallet, you will have to trade the USDT for the Shiba Inu coins, which can be done on the homepage or the market page. You scroll to SHIB or Shiba Inu coins and click the trade button. This will lead you to the page where you can see live exchange rates. You place an offer on the bottom left and wait until someone matches your request. The transaction is carried out as soon as it is done, and you will receive your SHIB coins.
You can also trade the SHIB coins for other currencies, such as BTC, ETH, and so on; you can even buy the USDT, or SHIB coins, in your cash. For example, you can buy the currencies in Australian Dollars.A thing to keep in mind is that, while it may seem overwhelming, it is best to do your research and have a mentor before jumping into this business alone; doing so will maximize your profits and minimize your losses. Well, when we discuss about the mentor so the mentor ship and helpline services from the kucoin is one of the best option.