How To Buy Shiba Inu (SHIB) In India? [2025 Guide]

Shiba Inu (SHIB) has had a challenging year, with its price dropping by nearly 60% and experiencing sharp market fluctuations. Yet, despite the volatility, the SHIB community has remained active and resilient, and some analysts believe signs of a potential recovery are emerging.

For many investors and traders, this mix of risk, speculation, and long-term community support keeps Shiba Inu (SHIB) on the radar. If you’re wondering whether to buy SHIB in 2025 and how to get started in India, this guide will walk you through everything you need to know.

About Shiba Inu

Shiba Inu launched in August 2020 and takes its name from the popular dog breed often associated with internet memes. Although frequently compared to Dogecoin, it is a separate project with its own ecosystem and vision. Designed as a community-driven initiative, SHIB is supported by its active global community, often called the ShibArmy, which plays a major role in the project’s direction and growth.

Unlike Dogecoin, Shiba Inu is built on the Ethereum blockchain, giving it access to smart contracts and enabling the development of decentralized applications (dApps). This foundation allows SHIB to expand beyond its meme-coin origins and support features such as DeFi tools, NFTs, token swaps, and broader utility within its growing ecosystem.

Let’s hop on to see how you can buy Shiba Inu (SHIB) in India in 2025.

How To Buy Shiba Inu (SHIB) in India in 5 Easy Steps

Below are a few simple steps you can follow to buy Shiba Inu (SHIB) in India with WazirX, India’s most trusted and widely used crypto exchange.

The best way to buy SHIB is to deposit INR into your WazirX wallet.

Step 1 – Sign up on the WazirX platform.

To begin buying and selling SHIB, you are required to create an account on the WazirX platform by signing up. You can also log in directly if you already have an account on the platform.

For your reference, here’s how you can open an account on WazirX.

Step 2 – Set up your account security by verifying your email address.

This step is about verifying your email address and mobile number. After you sign up on the WazirX platform, you’ll get a verification code on your registered email and mobile number. By verifying the code, you’ll get multiple options to ensure the security of your account – the authenticator app and mobile SMS.

Note: The authenticator app is a more secure way to stay safe when compared to mobile SMS because there’s a risk of delayed reception or SIM card hacking.

Step 3 – Complete the KYC process.

After choosing your country, you can proceed with completing the KYC process on WazirX.

Note: You must complete your KYC to be able to trade or withdraw funds on the WazirX app.

Step 4 – Add funds to your WazirX wallet.

To add funds, simply go to your account on the WazirX app or web. Click on “Funds” and then on “Deposit INR.”

You can deposit INR using any mode (IMPS/NEFT/ RTGS).

Step 5 – Finally, you can buy SHIB on WazirX.

You can now easily purchase SHIB tokens using INR Deposits.

After logging in to your WazirX account, you can choose INR from the “Exchange” tab. You can also check all the price charts, order book data, and an order input form on the right side of the screen.

Click “Buy” after entering the amount and checking the total INR amount to be paid.

Your order will be placed according to the price you have entered.

If we are talking about Shiba Inu, how can we not talk about Dogecoin? Let’s check out the main difference between the top meme coins of the crypto market.

Is Shiba Inu Better Than Dogecoin?

• Origin & Purpose

Dogecoin launched in 2013 as a fun, meme-inspired crypto based on the viral “Doge” meme. It was created primarily as a lighthearted experiment. Shiba Inu, released in 2020, was built on Ethereum and designed to be part of a larger decentralized ecosystem featuring projects like ShibaSwap and governance tokens such as BONE.

• Market Capitalization & Popularity

With a longer history, Dogecoin enjoys a bigger market cap and broader merchant acceptance. It surged in popularity during 2021, fueled by community hype and social media endorsements. Shiba Inu, although newer, rapidly gained traction due to its strong community and expanding ecosystem, but it still trails Dogecoin in overall market size.

• Tokenomics & Ecosystem

Dogecoin is a standalone coin with no smart-contract functionality. In contrast, Shiba Inu is an ERC-20 token that benefits from Ethereum’s smart-contract capabilities. This allows SHIB to power an ecosystem that includes ShibaSwap, NFTs, and governance through BONE.

• Supply & Distribution

Dogecoin has an unlimited supply, with new coins minted continuously, keeping inflation high. Shiba Inu has a massive supply in the trillions, but it is fixed and gradually reduced through periodic burns. These different supply models impact price behavior and long-term scarcity.

• Community & Development

Both projects have strong, passionate communities. Dogecoin’s community is older and well-established, while Shiba Inu has built a fast-growing, highly active online presence driven by its expanding utility and ecosystem updates.

Happy Trading!

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