To purchase Shiba Inu on eToro, start by ensuring your eToro account is funded. Search for "SHIBxM" in the platform's search bar, specify the amount you want to invest, and finalize your transaction by clicking "Open Trade."
Venturing into the vibrant realm of cryptocurrency trading on eToro, I've found myself captivated by the meme-inspired coin, Shiba Inu. Given the surge of inquiries I've received about purchasing this particular crypto asset, I felt compelled to create a concise and easy-to-follow guide.
This guide aims to demystify the process of buying Shiba Inu on eToro, infused with my personal insights and tips to kickstart your journey.
Follow this step-by-step guide to start purchasing this crypto asset on the platform. This can be done via their web-based interface or their app:
To start trading this crypto, you first need a verified investment account. The setup process is straightforward - create your account using a username, email address, and password. The broker will then require you to complete an identity verification process. Once verified, you’re ready to add funds to your account and embark on your trading journey.
There are two easy methods to find Shiba Inu (SHIB) on the web platform or app:
Once on the Shiba Inu trading page, enter the amount you wish to invest in SHIB. Remember, the minimum investment is $10, making it accessible even for those starting with smaller investments.
To finalize your trade, simply click the "Open Trade" button. This action will execute your SHIB order based on the parameters you’ve set. After that, it's a matter of monitoring the market's performance to see the outcome of your investment, be it a profit or a loss. Remember, trading involves risks and it's important to trade responsibly.
And that's it – a clear and simple guide to purchasing Shiba Inu on eToro. Remember, this method isn't exclusive to Shiba Inu; it's applicable to a wide array of cryptocurrencies available on the platform.
My goal with this guide is to shed light on the process of trading cryptocurrencies via this platform, providing you with the necessary tools and knowledge to navigate the vibrant and ever-evolving world of digital assets confidently.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
76% of retail investor accounts lose money
