Everything You Need to Know About BTC and SHIB
BTC, popularly known as Bitcoin, is the most well-known cryptocurrency that exists today. Although it was created way back in 2009, it started to gain massive popularity in 2017, when its price also started to shoot up. It is a decentralized digital currency and does not require the use of any intermediaries. It is something that attracts more people to this cryptocurrency. A large number of people these days hope to get wealthy by trading BTC.
SHIB, also known as Shiba Inu, has been in the limelight since being created in August of last year, i.e., 2020. It makes it a relatively new cryptocurrency compared to BTC, which has been in the crypto industry for nearly a decade.
If you are a crypto enthusiast, you will surely be aware that altcoins have recently been all the rage. SHIB was created as an altcoin to Dogecoin, which itself acts as an altcoin to BTC. Much like Bitcoin, SHIB is also a decentralized digital currency and does not call for any intermediaries.
Claiming itself as the “Dogecoin Killer,” rightly so, it is taking over the market of Dogecoin and is continuing to grow with time as a popular choice among numerous Crypto investors. Of course, you can also choose to buy SHIB coins yourself if it excites you. So, without any further rambling, let’s get into whether it is possible to buy BTC to SHIB or not.
Is It Really Possible to Buy BTC to SHIB?
Since SHIB was created in August last year, it has been a trending topic or question among many crypto enthusiasts as to whether or not it is possible to buy BTC from SHIB. If you too wanted to know the answer to this question, we are here to deliver the good news to your relief as the answer is yes.
If you are unfamiliar with the process of buying BTC to SHIB, then do not fret, as we are here to explain. The process will appear to be remarkably easy once you get the hang of it. To buy BTC from SHIB, you will have to use a crypto exchange such as the Alligat0r crypto exchange.
Firstly, you will have to buy the amount of BTC you want with your fiat money. It is because, as of now, it is not possible to buy SHIB using fiat money directly. However, once you have completed purchasing BTC, you can buy SHIB using it in the crypto exchange. It is that simple!
We hope that this article successfully answers your question about whether it is possible to buy BTC from SHIB and the process of doing so. Even though Shiba Inu is a meme coin and is pretty new to the crypto market, many people are buying this cryptocurrency. So do not forget to let us know if you, too, decide to buy BTC from SHIB or not, and if you do, what was your purchasing experience.