You can buy Shiba Inu in India in about 15 minutes: sign up on an FIU-IND registered exchange, finish KYC, add rupees by UPI and buy SHIB. It costs about ₹0.000539 per coin today, and you can start with a few hundred rupees, ₹1,000 buys about 1,853,886 SHIB.
Registration with India's Financial Intelligence Unit means the exchange follows Indian anti-money-laundering rules and deducts TDS for you. Indian apps take UPI deposits directly; Binance has the widest choice of coins but takes rupees only through P2P. Before you sign up, search “SHIB” in the app to make sure it is listed.
Upload your PAN and Aadhaar, take a selfie and link a bank account in your own name. Most apps approve you within minutes to a day.
Deposit INR by UPI or IMPS/NEFT. You only need a small amount to start, you can buy a fraction of a coin.
If the app has a SHIB/INR market, buy there directly. If it doesn't, buy USDT with rupees first, then trade USDT for SHIB in the SHIB/USDT market. A market order buys at once at the current price; a limit order waits for the price you set.
Turn on two-factor authentication. For long-term holdings, consider moving SHIB to a wallet you control, pick a wallet that supports Shiba Inu's network and send a small test amount first. Download your trade reports: you will need them for tax.
| You spend | You get (approx) |
|---|---|
| ₹500 | 926,943 SHIB |
| ₹1,000 | 1,853,886 SHIB |
| ₹5,000 | 9,269,428 SHIB |
| ₹10,000 | 18,538,856 SHIB |
| ₹50,000 | 92,694,282 SHIB |
There is no TDS when you buy with rupees. When you sell, 1% TDS is deducted, and your profit is taxed at 30% plus 4% cess. Losses on SHIB can't be set off against other income or other gains. See how 1% TDS works.
| Exchange | FIU-IND | Rupees in | SHIB |
|---|---|---|---|
| Binance | ✅ Yes (fined 2024) | P2P only | ✅ SHIB/USDT |
| CoinDCX | ✅ Yes | UPI, bank | Search in app |
| CoinSwitch | ✅ Yes | UPI, bank | Search in app |
| WazirX | ✅ Yes | UPI, bank | Search in app |
| ZebPay | ✅ Yes | UPI, bank | Search in app |
| Mudrex | ✅ Yes | UPI, bank (free) | Search in app |
Listings change often, so we only mark a coin as listed where we check it automatically. Compare fees and features in best crypto apps in India.
That depends on your goals and how much risk you can carry; we don't give buy or sell advice. What the numbers say: Shiba Inu is volatile, though calmer than most altcoins, and over the past year it returned -53.05%. Only put in money you could lose without it hurting, don't buy because of a tip on social media, and consider spreading purchases out with a SIP instead of buying all at once. See how it stacks up: Shiba Inu vs Bitcoin, Shiba Inu vs Ethereum, Shiba Inu vs BNB.
Yes. Shiba Inu (SHIB) is legal to buy and hold in India. It trades on Binance, which is registered with FIU-IND, as SHIB/USDT (we last confirmed the pair on 21 Sep 2026), and many Indian apps list it too, search “SHIB” in the app before you deposit money.
About ₹0.000539 per SHIB ($0.00000562), 4.58% in the last 24 hours. Each exchange quotes its own INR price, so check yours before you buy.
About 1,853,886 SHIB at today's price, a little less after the exchange fee. You do not need to buy a whole coin.
Yes. Profit from selling SHIB is taxed at a flat 30% plus 4% cess, 1% TDS is deducted when you sell, and losses cannot be set off against other income. There is no TDS when you buy with rupees. Estimate your bill with our crypto tax calculator.
On Indian exchanges, yes: add rupees to your account by UPI, then buy SHIB. On Binance, rupees go in only through P2P, where you pay another user by UPI.
