What Is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is an Ethereum-based altcoin featuring the Shiba Inu dog as its mascot. Launched in August 2020 by an anonymous creator known as Ryoshi, SHIB is a memecoin often referred to as the "Dogecoin killer."
The Shiba Inu ecosystem includes:
- SHIB: The primary token.
- LEASH and BONE: Secondary tokens.
- ShibaSwap: A decentralized exchange for swapping, staking, and liquidity provision.
Despite its humorous origins, SHIB has grown into a top memecoin with a strong community and trading volume, second only to Dogecoin.
Current SHIB-to-ZAR Exchange Rate
As of today, 1 SHIB = 0.000000 ZAR (South African Rand).
Market data last updated: Sep 9, 2024.
How to Buy SHIB in South Africa
👉 Buy Shiba Inu (SHIB) securely on VALR, Africa’s largest crypto exchange.
Step-by-Step Purchase Guide
Step 1: Create a VALR Account
- Sign up on the VALR website or mobile app.
- Complete verification (takes minutes).
Step 2: Deposit ZAR
- Bank Transfer: Use EFT with your unique VR reference number.
- Credit/Debit Card: Daily limit of 10,000 ZAR (3D Secure required).
Step 3: Buy SHIB
- Simple Buy/Sell: Select SHIB, choose ZAR/USDC/USDT, and confirm.
- Pro Trading: Use limit/market orders on SHIB/ZAR or SHIB/USDC pairs.
SHIB-to-ZAR Conversion Table
| ZAR Amount | SHIB Equivalent (Sep 9, 2024) |
|------------|-------------------------------|
| 5 | X.XXXXXX |
| 100 | X.XXXXXX |
| 1,000 | X.XXXXXX |
| 10,000 | X.XXXXXX |
FAQs
What’s the price of 1 SHIB in ZAR?
Check real-time rates on VALR’s SHIB/ZAR pair.
How much SHIB is in circulation?
Total supply: 1 quadrillion. Significant burns reduce circulating supply.
Can I buy SHIB via mobile?
Yes! Use the VALR app (Android/iOS).
Risk Disclosure
Crypto investments are volatile and may result in capital loss. VALR is a licensed financial services provider (FSP #53308).
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