{"id":26798,"date":"2022-05-21T21:33:02","date_gmt":"2022-05-21T21:33:02","guid":{"rendered":"https:\/\/cryptocurrencypanther.com\/2022\/05\/21\/is-shiba-inu-easy-to-buy-and-sell-in-europe\/"},"modified":"2022-05-21T21:33:02","modified_gmt":"2022-05-21T21:33:02","slug":"is-shiba-inu-easy-to-buy-and-sell-in-europe","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2022\/05\/21\/is-shiba-inu-easy-to-buy-and-sell-in-europe\/","title":{"rendered":"Is Shiba Inu Easy To Buy And Sell In Europe?"},"content":{"rendered":"


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Shiba Inu (SHIB) investments have skyrocketed in Europe, especially Germany, because of its high profitability. Also the coin can be used as a payment option<\/a> in some cases.<\/p>\n

The coin has only existed since 2020, and we understand that many investors are still sceptical about taking their chances with the investment. However, Shiba continues to be embraced by investors, and putting up your money into it can benefit you in the long run.<\/p>\n

This article will give you insights into how Shiba investments work and whether it is easy to buy and sell in Europe. We will also include some significant reasons you should consider this investment in 2022 and the best way to get started.<\/p>\n

How to Buy Shiba Inu in Europe<\/h2>\n

Like other cryptocurrencies, you need a cryptocurrency exchange or brokerage firm to buy Shiba Inu<\/a>. Note that these platforms have varying features, and it is crucial that you choose those that benefit your Shiba investment requirements. For instance, you need to consider budget, reliability, availability of Shiba and other cryptos, payment methods, demo accounts, etc. Most importantly, invest using brokers or crypto exchanges that accept clients from your country.\u00a0<\/p>\n

For instance, German investors looking to buy Shiba Inu, should go for brokers regulated by the Federal Financial Services Authority (BaFin).<\/p>\n

If you are in Germany or you are a German investor, take a look at the following guide on the best platforms where you can buy Shiba Inu: Shiba Inu krypto kaufen in Deutschland<\/a>. This translates to How to buy Shiba Inu in Germany.\u00a0<\/p>\n

Note that the best broker or cryptocurrency exchange allows purchasing of SHIB using various payment methods. These funding methods include debit\/credit cards, bank transfers, e-wallets like PayPal, and other cryptocurrencies. All you need is a crypto wallet<\/a> and select a more flexible payment option you are comfortable using.<\/p>\n

For newbies looking for ways to get started, the procedure for buying Shiba can be pretty straightforward once you understand how to go about it. By creating an account on a broker\u2019s or cryptocurrency exchange\u2019s platform, you can easily access the asset and complete the purchase. However, note that you need to start by learning about the Shiba Inu market and how it works, including all the risks involved, before making your first significant investment.\u00a0<\/p>\n

Other Ways Of Investing In Shiba Inu<\/h2>\n

Although some traders and investors will buy Shiba and store it in their digital wallets, others prefer other methods of making profits from the asset. One of the most popular ways to trade Shiba is through CFD trading, offered by regulated brokers<\/a> that meet your trading requirements.<\/p>\n

With Shiba CFD trading, you do not take ownership of the underlying asset. Instead, all you do is predict Shiba\u2019s price movement through the chosen platform. Remember that all cryptocurrencies, including Shiba Inu, are volatile, and you must conduct a thorough market analysis for increased profitability.<\/p>\n

Alternatively, you can buy SHIB\u2019s shares through companies that produce the commodity. Here, you will require a broker with access to the exchanges where the companies\u2019 shares are listed. The best element about buying Shiba shares using brokers is that you can purchase the shares as fractions should a single one be costly to afford.<\/p>\n

Pros and Cons of Buying Shiba in 2022<\/h2>\n

Shiba Inu runs on the Ethereum network as an ERC20 token. It is one of the meme coins besides Dogecoin that has captured investors\u2019 attention from diverse regions in Europe. Recently, the Shiba community celebrated one million holders, which ended up stirring the cryptocurrency space. For this reason, many investors dub it the \u201cDogecoin killer,\u201d especially when it comes to long-term investments.<\/p>\n

With many controversies surrounding Shiba Inu investments, below are the pros and cons of buying Shiba to give you a clear insight.\u00a0<\/p>\n

Pros<\/p>\n