Fresh article on 7b "How to trade SHIB"

What is the article about?

The article is dedicated to the SHIB coin, it explains the main trading aspects of that crypto asset and compares different trading strategies applicable to it, and explains where to trade shib. At the same time, the article gives a brief explanation of the coin, its technology and history.

You will surely enjoy reading the article if you are interested in trading cryptocurrency, investing and finances. At the same time the article will help beginners to enter crypto-trading.

About 7b

7b is your personal cryptocurrency broker. This is the easiest user-friendly cryptocurrency exchange that is contained in a single application. The app was developed by the team with ten years-long experience in the crypto industry. Using our app, you can trade with more than 2,000 currency pairs with high liquidity for all of them! This makes us and you the owners of the most diverse range of choices.

In 7b we believe that education is an essential part of successful trading and that is why we've created our blog, where we discuss the latest cryptocurrency market trends, explain crypto terminology, and describe tokens and coins available for trade in 7b.

One of our latest articles is dedicated to Shiba Inu. In it we explain the core idea of the coin, explain why you should trade SHIB and give a brief analytical review. If you want to learn how to trade shiba inu in a 7b crypto broker app - check it out.

What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) is a decentralized ecosystem that works on the Ethereum blockchain and includes such functions as asset exchange, working with NFT tokens, passive income tools, and so on. The project was created in 2020, its creators wanted to remain unknown and work under the pseudonym RYOSHI. Its main goal was to create a cheap ERC-20 standard token so that anyone could purchase a variety of coins. The developers deliberately set its cost well below one cent. The strategy is to make the project profitable by increasing the price of the altcoin to $0.01. In the Shiba protocol, there is another LEASH token, which is called “Doge Killer” on CoinMarketCap. Its purpose is to hedge the value of DOGE on the ETH blockchain. In addition, the developers of SHIB plan to launch a DeFi token called BONE. It will play a vital role in the core ShibaSwap DEX protocol. In the future, users will be able to earn income from its stacking.

Is Shiba Inu a good investment?

SHIB is a great crypto asset that can bring you profits in the future. Since the cost is still very small ($0.000006306), you can buy a lot of coins at once and spend a small amount.

How do I invest in Shiba Inu?

In order to invest in SHIB through a 7b crypto broker, you need to create an account and pass verification, select a trading pair, enter the desired amount and confirm the transaction. Keep SHIB in a secure wallet.

How to trade Shiba Inu for beginners?

Delegate trading to a computer, that is, automate it. Automation is the best way to dramatically increase the chances of success in trading. Choose only reliable and secure crypto trading platforms, such as 7b, where you will need only to create an account and top up your balance, select a trading pair and confirm the transaction.

What is Shiba Inu Blockchain?

Shiba Inu is a decentralized platform based on the Ethereum blockchain. The developers of the project strive not just to reproduce Dogecoin, but to become its “killer”.