How and Where to Buy SHIKOKU (SHIK) – Detailed Guide
- What is SHIK?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy ETH with fiat money
- Step 3: Transfer ETH to an Altcoin Exchange
- Step 4: Deposit ETH to exchange
- Step 5: Trade SHIK
- Last Step: Store SHIK securely in hardware wallets
- Other useful tools for trading SHIK
- Frequently Asked Questions
- Latest News for SHIK
- SHIK Price Prediction and Price Movement
What is SHIK?
What is SHIKOKU? (SHIK)
SHIKOKU is a decentralized memecoin experiment. The goals of SHIKOKU are multi-faceted:
- To create the Shikoku Inu Decentralized Ecosystem (SIDE) of applications and tools.
- To educate investors about self-custody in an engaging way.
- To be a driving force for good, via the Shikokuments.
The SHIKOKU token is the sole and native token that will be utilized across the SIDE. SHIKOKU begun as a decetralized memecoin experiment, but will gradually transition to the centerpiece of a large ecosystem that uplifts its' community and provides a safe space for those learning more about DeFi.
What sets SHIKOKU apart?
Many Shiba Inu clones have launched, without definite qualities, plans of development and action, and the drive to execute a utility that people want to, and feel comfortable using. SHIKOKU launches, not just as a "SHIBA KILLER", but as the start a global movement to take over the industry and change it for good. SHIKOKU will be the only token to drive this movement, and attention will not be diluted into other means. This single, focused approach is what defines SHIKOKU.
Who Are the Founders and Owners of SHIKOKU?
The anonymous creator of SHIKOKU refers to himself as Shikoshi Sanada. Very little is known about him, similar to the founder of Bitcoin, Satoshi Nakamoto. In his V1.0.0 whitepaper about SHIKOKU and the side, he mentioned that SHIKOKU has no permanent allotted owner, instead, it is owned by all that wish to own it. To further push this point, after providing 10ETH initial liquidity paired to all tokens, he burnt the entire liquidity, and published the keys to the developer wallet for all to add and use, in an unseen before way. By doing this, although SHIKOKU was founded by one, it is now owned by all.
How Many SHIKOKU Are There in Circulation?
SHIKOKU launched on the Ethereum Blockchain on November 7, 2022. The genesis token creation event created 1,000,000,000,000,000 SHIKOKU tokens. This is the max supply, and max circulating supply, no SHIKOKU tokens may ever be minted. Dedicated community members have contributed to the burn address, reducing the circulating supply.
Shikoshi and Vitalik Buterin
As a thank you to the founder of the Ethereum Blockchain, Shikoshi gifted Ethereum Founder, Vitalik Buterin with 50% of the total supply, or 500,000,000,000,000 tokens. Shikoshi humbly requests that if Vitalik accepts this offer, that he burns 47% of the supply, donates 2% of the supply to various charity organizations, and reserves 1% to spend at his leisure.
SHIK was first tradable on 24th Dec, 2022. It has a total supply of 1,000,000,000,000,000. As of right now SHIK has a market capitalization of USD $1,206,301.33. The current price of SHIK is $1.21e-9 and is ranked 2382 on Coinmarketcap and has recently surged 44.59 percent at the time of writing.
SHIK has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Ethereum from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy SHIK.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, Ethereum (ETH). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy ETH with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose Ethereum, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer ETH to an Altcoin Exchange
But we are not done yet, since SHIK is an altcoin we need to transfer our ETH to an exchange that SHIK can be traded. Below is a list of exchanges that offers to trade SHIK in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit ETH to the exchange from UpHold. After the deposit is confirmed you may then purchase SHIK from the exchange view.
Last Step: Store SHIK securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your SHIK for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Frequently Asked Questions
Can I buy SHIK with cash?
There is no direct way to buy SHIK with cash. However, you can use marketplaces such as LocalBitcoins to first purchase ETH, and finish the rest of the steps by transferring your ETH to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy SHIK in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy SHIK or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.