What Is ShibaSwap?
ShibaSwap is the decentralized exchange of the Shiba Inu (SHIB) coin, a popular dog-themed meme coin inspired by the success of Dogecoin and claiming to be a “Dogecoin killer.” In November 2021, Shiba Inu briefly surpassed Dogecoin in market capitalization, partly thanks to the DEX.
ShibaSwap enables users to provide liquidity and swap different tokens while earning its governance token BONE. Users can also trade NFTs, so-called “Shibatoshis,” a collection of 10,000 unique tokens related to the Shiba Inu ecosystem. Other functionalities include staking, swapping tokens, collecting rewards, and checking portfolio analytics.
Who Are the Founders of ShibaSwap?
After burning half of its supply to Vitalik Buterin, who then donated his tokens to charity, the Shiba Inu community decided that SHIB would need to set itself apart from other meme coins and started working on ShibaSwap.
Since the founder of Shiba Inu is unknown, the same is true for ShibaSwap. The Shiba Inu community developed the exchange to increase the utility of the SHIB token. Shiba Inu was created in August 2020 by “Ryoshi,” a pseudonymous developer. Shiba Inu’s “Woofpaper” explains three reasons for the creation of Shiba Inu:
- “We started from zero, with zero.”
- “The brilliant minds behind Shib had never collaborated before.”
- “We love Shiba Inu Dogs.”
When Was ShibaSwap Launched?
ShibaSwap launched on July 6, 2021, to make the cryptocurrency more than a meme coin.
Where Is ShibaSwap Located?
Like its founder, the location of the exchange remains a mystery.
ShibaSwap Restricted Countries
The platform is supposedly open to users from all over the world.
What Coins Are Supported on ShibaSwap?
In addition to SHIB, LEASH, and BONE, users can swap hundreds of other tokens on the DEX. There are over 230 markets, with the most popular trading pairs being ETH/VEMP, BONE/ETH, and SHIB/ETH.
How Much Are ShibaSwap Fees?
Traders pay gas fees on the Ethereum network to trade on ShibaSwap.
Is it Possible To Use Leverage or Margin Trading on ShibaSwap?
Margin trading is not enabled on the decentralized exchange.
How does ShibaSwap affiliate program work? - step by step
| Steps | How it works |
|---|---|
| Joining an Affiliate Program | Similar to traditional affiliate marketing, you start by join a crypto affiliate program by contacting a business development manager or access affiliate program homepage. |
| Getting Your Unique Affiliate Link | Each program has its own requirements. Once you qualify, you will receive your unique affiliate link. It is with this link that you’ll promote the company’s products or services. |
| Promoting Products/Services | You then promote the products or services through various channels, including blogs, websites, email newsletters, or social media platforms. |
| Earning Commissions | When someone clicks on your affiliate link and completes a desired action (such as signing up), you earn a commission like a fixed fee per conversion or by percentage of transaction volume. |
| Tracking and Analytics | You can see metrics such as clicks, conversions, and commissions earned. This enhances your marketing campaigns and generates better results. |
Compare ShibaSwap affiliate program with Ju.com：
Become a Ju.com Affiliate
Eam passive income and achieve financial freedom
Hot crypto affiliate programs
Ju.com Affiliate Program
CoinUp.io Affiliate Program
OrangeX Affiliate Program
Binance Affiliate Program
COINSPACE Affiliate Program
IndoEx Affiliate Program
Picol Affiliate Program
CoinP Affiliate Program
Pionex Affiliate Program
Binance Alpha Affiliate Program
SpireX Affiliate Program
Websea Affiliate Program
Darkex Exchange Affiliate Program
Coinstore Affiliate Program
MEXC Affiliate Program
BiFinance Affiliate Program
Crypto.com Exchange Affiliate Program
HTX Affiliate Program
Azbit Affiliate Program
KCEX Affiliate Program