Shping Coin (SHPING) is a cryptocurrency token that powers the Shping economy, a blockchain-based marketing platform. It rewards users for engaging with brands and products through various activities such as scanning barcodes, watching videos, and writing product reviews. The token aims to enhance relationships between brands and consumers, providing a more transparent and rewarding shopping experience.
Shping Coin (SHPING) is a blockchain token that powers the Shping economy, providing rewards to users of the Shping app. The app allows users to earn Shping Coins by engaging in various activities such as uploading receipts, scanning product barcodes, and participating in brand interactions. These coins can be directly converted to Australian dollars and transferred to a bank account, offering a cash-convertible reward system.
To store Shping Coin (SHPING) tokens, you have two primary options:
Store on an Exchange: Holding your Shping Coin on an exchange provides convenient access to various investment products and features, such as spot and futures trading, staking, lending, and more. The exchange will securely hold your funds, but you must ensure the exchange has strict security measures in place to protect your assets.
Non-Custodial Wallets: For enhanced security, you can store your Shping Coin in a non-custodial wallet, which grants you complete control over your private keys. This option includes hardware wallets, Web3 wallets, or paper wallets. Be cautious not to lose your private keys, as this could result in the permanent loss of your Shping Coin.
To buy Shping Coin (SHPING) tokens, follow these steps:
Create an Account:
- Choose a reliable exchange such as Coinbase, Binance, or Gate.io.
- Sign up by providing necessary information, including your email address and a secure password.
- Complete any required identity verification steps.
Add a Payment Method:
- Most exchanges support credit/debit cards, bank deposits, and peer-to-peer trading.
- Some exchanges also offer third-party payment channels.
- Ensure you understand the fees associated with each payment method.
Buy SHPING:
- Navigate to the Buy & Sell section and select SHPING as the cryptocurrency you want to buy.
- Choose your preferred order type: Market Order, Stop Order, Limit Order, or TWAP Order.
- Enter the amount you want to buy, which can be a fraction of a SHPING.
- Transfer to Your Wallet:
- Once purchased, you can hold SHPING in your exchange account or transfer it to a personal cryptocurrency wallet like Metamask.
- This allows you to trade SHPING for other cryptocurrencies or use it on decentralized exchanges.
Additionally, you can also buy SHPING directly through a crypto wallet if supported, or purchase a more popular cryptocurrency like USDT and then exchange it for SHPING.