In this post we are going to see how you can buy Shiba Corp without paying high commissions. Currently, it is not listed on any exchange, but you can get it through the DEFI pancakeswap exchange. If you don’t know how, let’s see it here.
If you want to know more about this cryptocurrency, below we are going to see what Shiba Corp is so you can learn more about this cryptocurrency before you buy it.
Where to buy Shiba Corp
To buy Shiba Corp, we are going to use Binance and Metamask wallet, for me it is the best option, but you can also use other wallets if you don’t use Metamask. Binance will be useful to buy BNB and USDT or the cryptocurrency you want, to exchange it for the Shiba Corp token.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
If you already have in your Binance Coin metamask wallet to pay for commissions, less than a dollar, you are simply going to have to go to pancakeswap, and copy the Shiba Corp contract in order to find the token. You can find this on Coingecko by searching for Shiba Corp or you can copy the Binance network contract just below:
0x6158b3435DC3bc54a19A32Da2A2ed22aeC3bEF3e
With this contract, you will be able to find the token, in from to exchange it for the cryptocurrency you want in Pancakeswap. You can also add the token in metamask and be able to see the amount you have once purchased.
It is currently listed on the exchange gate.io, which you can create your account below and buy without using pancakeswap in a simpler way.
Platform: Gate.io
Min. Deposit: $10
License: Cysec
New cryptocurrencies (ICO’s)
Growing exchange
Step by step
Let’s see in more detail how you can buy Shiba Corp. The first thing is to login to Binance, if you don’t have an account you can create one here. With your account, you must make a deposit to have funds and be able to buy BNB. You can deposit funds with your credit card, to have the balance directly and without having to wait.
With your first deposit, whether it is euros, dollars or another currency, you must go to markets, and look for your currency with respect to Binance coin (BNB). In my case, EUR/BNB. Here go to the red sell button, and exchange your currency, in my case euros, for BNB. We use BNB because the commissions on the Binance network are paid with this cryptocurrency, as happens with the Ethereum network with ETH. You can also buy USDT (Tether), but you must have a small amount of BNB in your metamask wallet to pay for commissions, less than $1. 10-15$ of BNB is enough.
Once you have BNB, you must click on the cryptocurrency, and click on withdraw. Go to your metamask, and click on the address, you will see that an address is copied when you click on it. You must enter this address in Binance to withdraw your BNB from Binance to Metmask. It is very important to enter the BEP20 network, and the amount you want to withdraw. The commission is 0,80$. Confirm that everything is correct and confirm the transaction.
Open your metamask wallet, and if you have the Binance network configured, the amount of BNB you have transferred should appear in a few minutes. If you don’t have the Binance network configured, I recommend you look up how to configure the Binance smart chain network in Metamask, so you can use it, without it, you won’t be able to buy Shiba Corp.
With this done, we must go to pancakeswap. Here in from, we indicate BNB and to, the token Shiba Corp. If you look for it, you will not find it. In order to use it, you must copy the address of the contract and paste it. You can search for it in coingecko to see it, or you can copy it just below:
0x6158b3435DC3bc54a19A32Da2A2ed22aeC3bEF3e
With this, the Shiba Corp token should appear in order to be able to exchange.
Before clicking on swap, you must set the slipping tolerance to 11 or 12%, in the settings button, as it has a 10% commission; where 5% is burned, and the other 5% is distributed among the people who have shiba corp in their wallet in a totally passive way.
With the slipping tolerance set, confirm in your metamask the transaction. Now, you can go to your metamask, and add the token with the contract that you can find in coingecko or just above Shiba Corp to see the amount of cryptocurrencies reflected in your wallet. With this, you will already own the snow Inu dog cryptocurrency. If you don’t have an account with binance, you can create one just below.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
What is Shiba Corp?
I’m the CEO of your company, Naomi. here at Shiba Corp, we are well on our way to building a project with a viable utility in the meme coin space on Binance Smart Chain! Shiba Corps’ native token, bShiba, will be the only currency used within our company. it will eventually be required for varying degrees of access to our upcoming platform! Before we jump in, bShiba has a few properties and mechanisms you should be aware of:
First, bShiba has a total supply of 1,000,000,000,000,000,000 coins. There can never be more. In fact, the supply in circulation decreases as time goes on. But more on that later. bShiba Corp opens its doors to all kinds of people, with all kinds of budgets! That’s why we decided to build a chain that lowers the barrier to entry to allow even the smallest of fish to own some bShiba.
The Binance smart chain has much lower fees compared to the Ethereum network. Because of the complexity of the bShiba code, it makes much more sense to run it on Binance Smart Chain – as a company, we have to study the market and make viable executive decisions! Binance’s low smart chain fees mean that anyone can jump on the Shiba train! The other advantage is that Binance Smart Chain tokens can integrate with the Metamask Y Trust wallet, so you don’t have to fiddle with different wallets to store bShiba tokens!
Numbers are important! To buy or sell bShiba, you need to know its mechanics. The bShiba token does some interesting things when you decide to trade with it. This includes buying and selling. Every time you trade bShiba, the slippage in Pancakeswap should be 11%. This is because the bShiba token implements a tax on every trade that goes back into the ecosystem, making bShiba more robust and less volatile as time progresses!
For each trade, 5% of the total trade is taken and added to the bShiba-BNB liquidity pool in Pancakeswap. This contributes to a growing liquidity pool and helps bShiba maintain its health. As each trade adds more liquidity that is automatically locked in (thanks to the magic code), the volatility of large purchases or sales does not have as much impact! Nothing is wasted, in fact it is done to automatically benefit the entire Shiba Corps ecosystem!
Did someone say “burn” – oh yes! At launch, 20% of the entire bShiba supply was sent to the burn address! Now, this wasn’t just to reduce supply at launch, it was to cleverly take advantage of another distinctive feature of bShibas: rate redistribution. That’s right. in addition to the 5% that is automatically added to liquidity, ANOTHER 5% is redistributed to existing bShiba holders, proportional to the amount they hold! So you can earn more bShiba just by HOLDING your tokens! Isn’t that awesome, and remember the 20% that is sent to the burn address? That address will also “earn” fees on transfers! Which means that the recording address is constantly growing, which makes bShiba a deflationary currency, as the supply in circulation will decrease as time goes on.
Whew! It’s been a lot to go over, but I’m glad I did! Here at Shiba Corp, we’re all about educating the masses, so any opportunity to do so is fine with me! We’ve already developed a wonderful community that is helping to grow Shiba Corp into something amazing. stay with us for the journey as we add more utility to bShiba piece by piece! Shiba Corp believes the sky’s the limit, so let’s do our best to get to the moon!
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
