SHIBShiba Inu price AUD (SHIB)

Shiba Inu price chart

The below Shiba Inu price chart tracks the price of Shiba Inu against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap

$12.0B

Volume 24hr

$825.3M

Supply

589367.4B SHIB

What is Shiba Inu?

✓Ethereum-based ✓Meme Coin ✓Community-building

Shiba Inu (SHIB) is a decentralised cryptocurrency that was built on the Ethereum blockchain in August 2020. The unnamed developers started the project as a satirical copy of the popular cryptocurrency Dogecoin, intending to be the "Dogecoin Killer". The token has a 1 quadrillion total supply and employs the same proof-of-stake consensus algorithm as Ethereum.

The team behind the project has also emphasised the project's quick transaction times and reasonable transaction costs as key selling points, quickly making SHIB well-known among cryptocurrency enthusiasts.

How do I buy Shiba Inu?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of Shiba Inu that you would like to buy.
  3. Confirm your purchase and Shiba Inu will be instantly delivered to your Cointree account.

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Common Shiba Inu questions

We answer the most commonly asked questions about buying, selling and trading Shiba Inu on cryptocurrency exchanges in Australia.

How to buy Shiba Inu in Australia

A cryptocurrency exchange is the most straightforward way to purchase Shiba Inu. A cryptocurrency exchange is a website where you can buy, sell, and trade Shiba Inu and other cryptocurrencies. The general steps to purchasing Shiba Inu on an exchange are as follows: 1. Create a profile on a trustworthy cryptocurrency exchange, like Cointree. 2. By offering the required documentation and personal information, you can verify your identity. 3. To fund your account, add a payment option like a bank account or credit card. 4. Look up Shiba Inu (SHIB) and place an order to purchase it at the going rate on the market or at a price you specify. 5. The Shiba Inu will be deposited into your exchange wallet as soon as the order is filled. It's important to remember that before purchasing Shiba Inu, you should think about the risks involved in investing in cryptocurrencies and conduct your own research on the coins you are looking to purchase. Additionally, it's a good idea to store your SHIB in a hardware wallet to keep it safe and secure.

What is the price of Shiba Inu in AUD?

The price of Shiba Inu varies, depending on the current market. To access information about the currency’s value, simply sign in to your Cointree account, and type Shiba Inu (SHIB) into the search bar. On our crypto exchange, we always calculate Shiba Inu's price in Australian dollars (AUD) so you can work out exactly how much AUD you want to invest. You can use PayID to get your funds processed instantly and sent to your Cointree account, although that's not your only payment method available. You can also deposit cash or use a wire transfer to get your funds on our crypto exchange.

How does Shiba Inu work?

SHIB is an ERC-20 token, which runs on the Ethereum network. Ethereum was chosen over other platforms because it is already robust, secure, well-established and allows for actual decentralisation. Shiba Inu may communicate with various DeFi projects that share the identical blockchain and can be exchanged with any of the ERC20 tokens of the Ethereum ecosystem. Its popularity and success are mainly due to the large cryptocurrency community of SHIB supporters, the so-called *ShibArmy*, and online influencers that help increase the price. A unique component of the Shiba Inu ecosystem is its total supply. An impressive one quadrillion (1+15 zeros) SHIB tokens were minted at inception in August 2020, the highest number of coins ever generated in crypto space. The Shiba Inu ecosystem also includes: ShibaSwap - decentralized exchange (DEX) for decentralized finance (DeFi); SHIBARIUM Network - Layer 2 Blockchain; Shiboshis Collection - Shiba Inu-generated Non Fungible Tokens (NFTs); Shib The Metaverse; Shiba Eternity™ by Shiba Inu Games LLC.

Buy Shiba Inu (SHIB)

Use the price calculator below to enter the amount of AUD you want to buy in Shiba Inu. You can also switch to convert SHIB to AUD.

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Why is Cointree the best place to buy Shiba Inu in Australia?

Easy and convenient

Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to begin buying Shiba Inu.

Fast and transparent

Buy Shiba Inu in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Shiba Inu with every dollar invested.

Safe and secure

Buy Shiba Inu with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.

Made for you

An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, you can track your portfolio’s performance with ease.

What can you do with your Shiba Inu?

Deposit Shiba Inu

Instantly deposit Shiba Inu and other cryptocurrencies into your Cointree account in just a few clicks.

Hold Shiba Inu

Many members buy and hold their Shiba Inu as a long-term investment. You can hold your Shiba Inu in your free multicoin wallet on Cointree or transfer it to a private wallet.

Trade Shiba Inu

You can instantly trade any portion of your Shiba Inu for any other digital currency within just a few clicks, and at the lowest rates in Australia.

Send Shiba Inu

When you buy Shiba Inu in Australia with Cointree, you can quickly and easily send your Shiba Inu to any other Shiba Inu wallet.

Spend Shiba Inu

You can spend Shiba Inu purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Shiba Inu every day.

Learn About Shiba Inu

Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Shiba Inu, to an expert holding a diversified portfolio of digital assets.

Buy in just a few minutes

Start with as little as AUD $25 and deposit instantly with your bank account.