SHIB to BUSD: Convert and Swap Shiba Inu (SHIB) to Binance-Peg BUSD (BUSD)

About Shiba Inu (SHIB)

Shiba Inu (SHIB) emerged in August 2020 as an Ethereum-based ERC-20 token. Inspired by the popular "Doge" meme, SHIB operates as a decentralized community-run cryptocurrency. Its value is derived from the collective trust and support of its holders. The SHIB ecosystem consists of three tokens: SHIB, LEASH, and BONE. SHIB serves as the primary currency, while LEASH and BONE are employed for governance and reward purposes. SHIB's notable attributes include its widespread acceptance by online merchants and its ease of conversion into other cryptocurrencies.

More Shiba Inu (SHIB) information

Shiba Inu (SHIB) Market Stats

Market cap: $14.78B
24h trade volume: $1.62B
Price: $0.0425
High (24h): $0.0425
Low (24h): $0.0423

Binance-Peg BUSD (BUSD) Market Stats

Market cap: $367.95M
24h trade volume: $11.64M
Price: $1
High (24h): $1.01
Low (24h): $0.98

How to Buy Shiba Inu (SHIB) with Binance-Peg BUSD (BUSD)

To buy Shiba Inu using Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the SHIB/BUSD trading pair. Create an account, verify your identity, and deposit your BUSD into your exchange wallet. Locate the SHIB/BUSD pair on the trading platform and place an order to exchange your Binance-Peg BUSD for Shiba Inu. If the SHIB/BUSD pair is unavailable, you can first exchange Binance-Peg BUSD for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Shiba Inu. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.

How to Sell Shiba Inu (SHIB) for Binance-Peg BUSD (BUSD)

To sell Shiba Inu for Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the SHIB/BUSD trading pair. Create an account, verify your identity, and deposit your SHIB into your exchange wallet. Locate the SHIB/BUSD pair on the trading platform and place a sell order to exchange your Shiba Inu for Binance-Peg BUSD. If the SHIB/BUSD pair is unavailable, you can first sell Shiba Inu for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance-Peg BUSD. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.