What is Shiba Inu (SHIB)?
Shiba Inu is a type of dog, which originated in Japan and is one of the oldest breeds in that country. They are known for their long, thick hair and their large, upright ears. According to legend, Shiba Inus were named after a dog that belonged to a samurai warrior. These dogs became very popular with hunters due to their keen sense of smell, incredible stamina, and ability to hunt even under difficult circumstances (such as snow).
Shibas can come in many different colors: red/brown sesame; red fox; black and tan; solid black or red; cream with dark muzzle or shaded face; silver gray with black mask on eyes; brindle patterned coat over white background coloration
What is the ShibaSwap Project?
- The ShibaSwap project is a decentralized exchange (DEx) based on the DeFiSwap protocol, which is an open source application for creating secure and trustless decentralized exchanges.
- One million SHIB tokens will be airdropped to the first 10,000 users who register on Shibawap. These tokens will also be used as gas for transactions on the platform, so early adopters will have more funds available for trading once the launch takes place in Q4 2020!
- This DApp will be integrated with our Shiba Inu DApp that allows users to buy, sell and breed digital puppies of their favorite breed.
How to buy SHIB using DeFiSwap exchange?
- Download and install the DeFiSwap wallet on your computer.
- Open the wallet, log in, and create a new account.
- Click on “Buy SHIB” button or enter https://app.defiswap.com/buy-shib-1mhqz8ajc26o3pjla9lb7d53cek8u6ch5n5a5w4xg0yiq52e6a5b6uvh4/ into Chrome’s address bar to go directly to DeFiSwap’s SHIB market page.
- Enter an amount of SHIB you want to buy (minimum is 1) and press “Buy” button beside that number field (the “Buy SHIB” button will turn green).
Where to trade SHIB?
The ShibaInu is currently listed on DeFiSwap, a decentralized exchange that allows users to trade ERC-20 tokens and other digital assets. Before you can trade on DeFiSwap, you’ll need to open an account and complete the registration process. You will also need to deposit Ethereum into your new DeFiSwap wallet so that you can purchase SHIB tokens (or any other asset) with ETH.
If you don’t already own some ETH, there are several ways in which you can purchase it: Buy Etherum (ETH) from an exchange like Binance or Kucoin, sell something on OpenSea (an ERC-721 token marketplace).
According to the ShibaSwap project, SHIB is a “utility token on top of the Ethereum blockchain.” It can be used for trading on DeFiSwap, as well as for buying and selling goods and services. Additionally, if you have an excess amount of SHIB tokens after trading on ShibaSwap, you could also use them as collateral for loans through DeFiSwap.
Here are some other important details about this token: The total supply will never change (for example, there will never be more than 100 billion), and you need at least 1 dollar worth of ETH in order to buy one token.
Shiba Inu Coin is a digital asset that operates on the DeFiSwap exchange. The project has been in existence since December 2018, with the main objective being to provide faster and more secure transactions than traditional fiat currency systems. ShibaInu coin can be used by investors across the world who want to invest in cryptocurrencies but don’t want their funds stored in an exchange wallet.