{"id":72849,"date":"2026-11-14T20:33:00","date_gmt":"2026-11-14T20:33:00","guid":{"rendered":"https:\/\/mudrex.com\/learn\/?p=72849"},"modified":"2026-11-13T21:12:26","modified_gmt":"2026-11-13T21:12:26","slug":"how-to-buy-shiba-inu-in-india","status":"publish","type":"post","link":"https:\/\/mudrex.com\/learn\/how-to-buy-shiba-inu-in-india\/","title":{"rendered":"How to Buy Shiba Inu in India? A Simple 3 Step Guide"},"content":{"rendered":"\n

You can buy Shiba Inu<\/a> (SHIB) in India with rupees on an FIU-IND registered exchange like Mudrex<\/a>, starting from \u20b9100. Complete KYC, add INR through UPI apps like Google Pay or by bank transfer, and buy SHIB.<\/p>\n\n\n\n

This guide walks through the steps, wallet and network basics, tax rules and the questions people ask most.<\/p>\n\n\n\n

What Is Shiba Inu (SHIB)?<\/h2>\n\n\n\n

Shiba Inu is a memecoin that started as an ERC-20 token on Ethereum<\/a> and has since grown an ecosystem around it, including its own layer 2 network, Shibarium.<\/p>\n\n\n\n

<\/th>Detail<\/th><\/tr>
Ticker<\/td>SHIB<\/td><\/tr>
Blockchain<\/td>Ethereum (ERC-20); also bridged to Shibarium<\/td><\/tr>
Circulating supply<\/td>About 589.2 trillion SHIB<\/td><\/tr>
Shibarium<\/td>Layer 2 network that went live in August 2023 after a failed first launch<\/td><\/tr>
Supply reduction<\/td>Ongoing token burns, though they have not meaningfully changed circulating supply<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Shibarium has had a rough stretch. It suffered a major security breach in September 2025, and the team later launched “Shib Owes You” NFTs to track and compensate affected users. The 2026 roadmap centres on a privacy upgrade built with cryptography firm Zama.<\/p>\n\n\n\n

Because one SHIB costs a fraction of a paisa, you will always buy SHIB in large quantities. Check the live rate on the SHIB to INR converter<\/a>.<\/p>\n\n\n\n

How to Buy Shiba Inu on Mudrex?<\/h2>\n\n\n\n

If you are wondering where to buy SHIB in India, pick an exchange registered with the Financial Intelligence Unit (FIU-IND) that lets you fund in rupees from your own bank account. Mudrex is FIU-registered, accepts UPI and NEFT\/RTGS, and lets you buy Shiba Inu coin from \u20b9100.<\/p>\n\n\n\n

Step 1: Create your account and complete KYC<\/h3>\n\n\n\n
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  1. Download the Mudrex app and sign up with your phone number and email.<\/li>\n\n\n\n
  2. Verify both with the OTPs sent to you.<\/li>\n\n\n\n
  3. Complete KYC with your PAN and Aadhaar.<\/li>\n<\/ol>\n\n\n\n

    Step 2: Add INR the way that suits you<\/h3>\n\n\n\n

    Tap Add INR<\/strong>, enter the amount and tap Continue to Pay<\/strong>. Then:<\/p>\n\n\n\n