how to buy shiba inu coin on trust wallet

To purchase Shiba Inu Coin (SHIB) on Trust Wallet, users must first set up an account, add the Binance Smart Chain network, purchase BNB, add the SHIB contract address, and exchange BNB for SHIB.

Oct 25, 2024 at 07:49 am

How to Buy Shiba Inu Coin (SHIB) on Trust Wallet

Step 1: Set Up a Trust Wallet Account

Download and install the Trust Wallet app from the App Store (iOS) or Google Play (Android).
Create a new Trust Wallet account by generating a secure passphrase.

Step 2: Add the Binance Smart Chain (BSC) Network

Tap the "Menu" icon on the homepage.
Select "Settings" and then "Networks."
Tap "Add Network" and enter the following details:
- Network Name: Smart Chain
- New RPC URL: https://bsc-dataseed1.binance.org/:443
- Chain ID: 56
- Currency Symbol (Optional): BNB

Step 3: Purchase BNB (Binance Coin)

SHIB is traded on the BSC network, so you need to purchase BNB to use as gas fees.
You can buy BNB directly within Trust Wallet by tapping "Buy" on the homepage.

Step 4: Add the Shiba Inu Contract Address

Tap the "Search" icon on the homepage and enter the Shiba Inu token contract address:
0x95aD61b0a150d79219dCF64E1E6Cc01f0B6437d5

Step 5: Exchange BNB for SHIB

Tap the "Swap" tab on the homepage and select BNB and SHIB as the desired pairs.
Enter the amount of SHIB you want to purchase.
Tap "Swap" and confirm the transaction.

Step 6: Confirm the Transaction

Trust Wallet will display a confirmation screen.
Tap "Confirm Swap" and wait for the transaction to complete.

Step 7: Store Your SHIB

Once the transaction is complete, your SHIB tokens will be visible in your Trust Wallet balance.
To enhance security, consider using a hardware wallet, such as a Ledger Nano X, to store your SHIB.

Additional Tips:

Ensure you have sufficient BNB for gas fees.
Check the contract address carefully before making any transactions to avoid scams.
Consider the market volatility of cryptocurrencies before investing.

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