How to Buy Shiba Inu with USDT? - Everything You Need to Know

Are you looking for the best exchange to buy Shiba Inu Coin with USDT? Then, you have landed at the right place. We have covered all those things here. By using this guide, you can easily buy SHIB with USDT from Koinbazar. Before we get into this, let's see an overview of Shiba Inu Coin.

Read more ---> How to buy Shiba Inu Coin in India?

What is a Shiba Inu coin?

As per the official website of Shiba INU token, SHIB is an experiment in decentralized community building. The SHIB token creators have developed this which is inspired by the famous cryptocurrency called Dogecoin. As of now, the Shiba Inu token is getting famous among the traders and also they are hoping to invest in it. Most of the communities called SHIB "The Dogecoin Killer". This company is planning to start an exchange called "ShibaSwap" which is like Uniswap and Pancakeswap in the future.

How to Buy Shiba Inu with USDT on Koinbazar?

To buy Shiba with USDT, follow the steps mentioned below,

Step 1:

Visit Koinbazar.

Step 2:

If you are already a registered user, choose 'SIGN IN' at the top right corner of the website to log into your account. If you are a new user, click 'SIGN UP' in the top-right corner to register your account. 

Step 3:

After you sign into the account, choose "MY ACCOUNT" at the top right corner of the page. Update the requested details to build your profile.

Step 4:

Choose KYC verification under "MY ACCOUNT". 

Step 5:

Update the KYC authentication section requested details and identity certificates should be updated and then click 'SAVE'.

Step 6:

Choose 'BANK DETAILS' and update your required information. Then, click "SUBMIT". Once the admin approved, you will be able to deposit and withdraw your funds from your Koinbazar wallet.

Step 7:

Once the admin approved your bank details, Choose "Funds" from the top right corner of the menu and select "Deposit". 

Step 8:

Choose the "Fiat" option from the deposit. Your desired funds to be deposited in the form of fiat currency.

Step 9:

Then, choose the 'Manual Deposit' option and update the required information and instant INR deposit options. Your transferred amount will be credited to your Koinbazar wallet after reviewed by the admin. 

Step 10:

Once your funds get deposited, go to the home page and select ‘TRADE’. 

Step 11:

On the trading page, choose the "USDT" market and select SHIB to USDT pair to buy Shiba Inu Coin with Tether (USDT). 

Step 12:

At the bottom left of the page, start trading by setting the order type and order value you would like to buy.