How Can You Buy and Stake Shiba Inu Coin?

-


By Deya Hroob


What is Shiba Inu Coin (SHIB)?


According to Shiba Inu website SHIB is an experiment in decentralized spontaneous community building. 

Shiba token ( Shib ) is the first cryptocurrency token to be listed and incentivized on  ShibaSwap, our decentralized exchange " they said".

They also claimed that they locked the 50% of the total supply to Uniswap and threw away the keys! The remaining 50% was burned to Vitalik Buterin.

 

Where to Buy Shiba Inu Coin (SHIB)?


You can buy shib coin in many different major exchanges like Bitrue, Binance and Huobi but in this article I will focus on Bitrue exchange because aside from buying Shib coin on this exchange , you can also stake your coins and earn extra Shiba. 

What is Staking?


It is the process of holding a coin to receive rewards. Your funds are frozen and for this, you receive passive income in the form of interest. The staking profit depends on the chosen coin.

How to Stake Shiba Inu Coin (SHIB)?

As I said before, you can stake shib in Bitrue Exchange. Let me show you how to do this....

On the top of the homepage, click on Power Piggy icon as shown on the picture below.


Bitrue homepage

 Then, choose Shib coin from the list and click on Details icon.


Power piggy bitrue
Finally, entre the participation amount and you're all set and enjoy your daily free Shib.


stake shiba coin



Participants will earn SHIB at 1 annual interest as a reward. For every 10,000 SHIB put into the program, you will earn 0.27 SHIB per day. There is a daily cap set at 36,000,000,000 SHIB. Participation is on a “first come first served” basis.


Your funds will not be locked so you can opt out anytime you want. You can opt in again as long as there's cap opening.

You can also trade or withdraw your coins at any time. To do this, all you need to do is unfreeze the event amount.





Comments

Post a Comment

Popular posts from this blog

How, Where To Stake XRP? Is It Profitable?

-
Image
By Deya Hroob The popularity of staking is growing nowadays. You can easily stake various coins in different exchanges such as Binance , Bitrue and Cex.io . How to Stake On Cex.io Exchange What is Staking? It is the process of holding a coin to receive rewards. Your funds are frozen and for this, you receive passive income in the form of interest. The staking profit depends on the chosen coin. Where To Stake XRP?   You can stake XRP in Bitrue exchange. There are two ways to stake XRP in Bitrue exchange.      1. Hold XRP and earn Interest Rate: 5.3%. Once participated, you will be able to receive your coin interest every day, until you opt out. Holders will earn XRP at 5.3 annual interest as a reward. For every 10,000 XRP put into the program, you will earn 1.45 XRP per day. Your coins will not be locked so you can opt out anytime you want. Minimum amount to join is 10 XRP 2.  Hold XRP for 30 days and earn Interest Rate: 10.2%. Y ou mu
Read more

Where to Buy and Get Free Hedera Hashgraph ( HBAR )

-
Image
 By Deya Hroob What is Hedera Hashgraph ( HBAR )? Hedera Hashgraph is a public network that allows individuals and businesses to create  powerful decentralized applications DApps .   It was founded in 2018 by DR. Lemon Baird and Mance Hrmon. Hedera is the only public ledger that uses hashgraph consensuses, a faster, more secure alternative to blockchain consensuses mechanisms. HBAR token roles is to power Hedera services like smart contracts, file storage and regular transactions. Where to Buy Hedera Hashgraph ( HBAR )?  You can buy HBAR in many different exchanges like Bitrue , Binance and Huobi . In this post I will focus on buying HBAR in Bitrue Exchange since you can earn free HBAR tokens there. How to Get Free HBAR on Bitrue Exchange?      You can earn free HBAR token on Bitrue Exchange by using Power Piggy ( Staking ). Bitrue is known to offer the highest interest rates on many of coins in the staking industry. Let's explain you in details how to do this process. On the top
Read more