Trading with Elbaite means you and your assets remain safe,
with complete peace of mind whilst you focus on what matters.
Simply create your Personal, SMSF, Company or Trust account
Deposit AUD into your Elbaite account.
Use your AUD to start investing.
Shiba Inu is a cryptocurrency that gained global attention as a meme-inspired token, but it has grown into a broader ecosystem with real use cases. Often referred to as the “Dogecoin killer,” SHIB started as a community-driven project and quickly gained popularity due to its low price, large supply, and highly engaged user base.
Beyond trading, the Shiba Inu project now includes ShibaSwap (a decentralised exchange), NFT integrations, and plans for a layer-2 blockchain called Shibarium. While SHIB is still considered a high-risk investment, it represents how communities can build real momentum in the crypto space.
Because SHIB is affordable in small amounts and easy to transfer, it’s often used as a learning token or a speculative play. It’s available across most major wallets and exchanges, making it one of the most accessible assets in the market.
SHIB is used for trading, transferring value, and participating in the Shiba Inu ecosystem, including its decentralised exchange and NFTs.
Yes. SHIB is legal to buy and sell in Australia and is treated as a digital asset under AUSTRAC guidelines.
Create an account on Elbaite, deposit AUD, and buy SHIB directly to your wallet or hold it securely in our Crypto Vault.
SHIB gained traction due to its meme status, large community, and affordable price. It became a symbol of community-driven crypto investing.
Yes. You can use a supported wallet to store SHIB yourself or choose secure custodial storage with Elbaite.
Shiba Inu started as a meme coin but has since developed into a broader ecosystem, including DeFi and NFT functionality.
SHIB has a very large circulating supply, which is why individual token prices remain low — this doesn’t reflect its total market value.
Yes. SHIB is highly divisible and can be bought in very small amounts, making it accessible for first-time buyers.
Like all cryptocurrencies, SHIB carries market risk. Its price is more volatile due to speculation, so it’s important to do your own research.
The live AUD price of SHIB is available on this page and updates automatically through Elbaite’s pricing feed.
Since our inception, we have made security our top priority.
Your funds are always available. Every asset you hold on Elbaite is fully backed, with no lending or rehypothecation.
Add an extra layer of protection with multi factor authentication, ensuring your account is secure.
Your assets are stored in verifiable individual wallets, never mixed with others, so you stay in full control of your funds.
Every transaction and account is protected with advanced encryption to keep your data and assets secure.
Get started in minutes, Buy crypto and invest for generations, with Elbaite - Australian crypto exchange.
"Good first experience trading crypto. Found the platform to be straightforward and simple to use! Highly recommend."
"Highly recommend this platform. It’s incredibly easy, reliable and efficient to use. Combines simplicity with performance so 5 stars!"
"very helpful customer service centre, easy and simple webpage to use"
"Really impressed with Elbaite. Easy to navigate and trades are quick and secure. Loving it so far"
"Trading with Elbaite has been a great experience. The platform is user-friendly and transactions are processed quickly. I highly recommend Elbaite for anyone interested in a reliable and safe cryptocurrency trading platform."
partners & affiliates:
Our legal & compliance team regularly work with regulators to advise on the cryptocurrency industry, ensuring that Australia has the best policies in place to support investor protection, innovation and industry growth.
We believe in the future of cryptocurrency here in Australia and want to ensure the right policies are in place to support a thriving industry.
Regulated by AUSTRAC
Elbaite Pty Ltd is officially registered with AUSTRAC and operates under strict compliance guidelines.
Elbaite Pty Ltd ACN: 623 185 875
AUSTRAC: DCE 100593224-001