What Is SHIB

Updated:

SHIB is created as an experiment in decentralized spontaneous community building, the first token created by its team. As it is alternative to Dogecoin, please refer to the latter for a better understanding. The total supply of SHIB is 1,000,000,000,000,000, among which, 50% are locked to Uniswap with the key threw away and the remaining tokens have been sent to Vitalik Buterin's wallet. The developers and team members have no reserved SHIB, so everyone has to buy the tokens on the open market.

Shiba Inu(SHIB)Real-Time Price

Track price movements with chart views spanning 1 day, 30 days, 60 days, 90 days, 1 year, and the period since it was listed on Poloniex. View Details

---6.44%

1970-01-01 00:00
Price: --

Shiba Inu(SHIB)Market Data

Market Cap Ranking
#34
Market Cap
--
Fully Diluted Market Cap
--
Circulation Rate
99.95%
All-Time High
--
All-Time Low
--
Circulating Supply
589.24T
Total Supply
589.50T
Initial Release
2021-04-01

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FAQs

Q How do I create a Poloniex account and complete KYC verification?
ATo create an account, visit the signup page on our official website or download the Poloniex app (iOS/Android). Click "Sign Up," provide your email or phone number, set a password, and verify via the confirmation link or SMS code. After registration, go to "Settings" > "Security," upload your valid ID documentation, and take a selfie to complete KYC verification. This process usually takes 24-48 hours.
Q What payment methods does Poloniex support for buying Shiba Inu (SHIB)?
APoloniex supports: 1) Credit/debit cards (Visa/MasterCard) for instant purchases of stablecoins (eg. USDT); 2) P2P trading to buy stablecoins (e.g. USDT) from other users via escrow; 3) Bank transfers (fiat deposits) in USD and other fiat currencies (1-3 business days processing); 4) OTC trading for large transactions exceeding $100,000, with custom quotes.
Q What are the fees for buying SHIB with a credit/debit card?
ACredit card payment process fees vary depending on the third-party provider, typically ranging from 0.5% to 1.5%. Poloniex does not store any data of your card. After purchasing USDT with your card, you can immediately trade USDT for SHIB in the spot market. Standard spot trading fees (as low as 0.05%) apply to the SHIB/USDT trade.
Q How do I start P2P trading? How long does it take to receive USDT?
AVisit the P2P trading page, select a seller's ad (e.g. USDT), create a buy order, and pay the seller directly (bank transfer, PayPal, etc.). Once the seller confirms receipt, the USDT will be released from escrow to your wallet. Settlement usually takes 15 minutes to 2 hours, depending on the payment method and the seller's response time.
Q What are the minimum and maximum amounts for buying SHIB?
AMinimum and maximum limits vary depending on the purchase method and your verification level. Credit/debit card purchases typically have a minimum limit of $50, with maximums depending on the providers. Most P2P sellers have a minimum purchase requirement of just $10. Bank transfers usually require a minimum deposit of $100. You can check each page for specific limits before proceeding.