You can choose from dozens of available wallets, starting with these 10 which are among the most reliable. Points taken into account in our Shiba Inu wallet comparison include ease of use, security, third-party integration, and available cryptocurrencies, among others.

Name Type Supported cryptosPlatforms
eToro MoneyMobile app30+iOS, Android
ExodusMobile app, web extension290+Windows, Mac, iOS, Android, Chrome/Brave browser extension
Trust WalletMobile app, web extension4.5 million tokensiOS, Android, Chrome browser extension
MyEtherWalletMobile app, web extensionETH + ERC-20 iOS, Android, Chrome browser extension
Ledger Nano XHardware5000+Windows, Mac, Linux, iOS and Android
KeepKeyHardware50+Windows, Mac, iOS, Android and Linux
MetaMaskMobile app, web extensionETH + ERC-20iOS, Android, Chrome browser extension
Trezor Hardware1 400+Windows, Mac, Linux, iOS and Android
CoinbasePc, web, mobile application5000+Windows, Mac, Linux, iOS and Android

eToro Money

As well as being one of the most popular online trading platforms, eToro also offers cryptocurrency trading and custody services. The eToro crypto wallet called eToro Money is only available as a mobile app. The app is already quite popular with over 100,000 downloads. 

To go through the easiest way to buy Shiba Inu (SHIB), you can use the eToro platform, which allows you to buy SHIB crypto without holding a wallet.

eToro

  • Simplified Accessibility
  • Supports 120+ cryptocurrencies
  • Integration with eToro

Exodus

If you need more functionalities for your Shiba Inu wallet, Exodus offers a more enhanced experience where you can buy and sell SHIB while acquiring other assets like NFTs. The wallet supports over 290 different assets so you can increase your exposure to cryptos.

It was among the first cryptocurrency wallets to be created and has stood the test of time. This makes it an ideal option for those who often use their computer.

Exodus

  • Multicurrency support
  • Automatically adjustable fees
  • Responsive customer support

 

Trust Wallet

With over 25 million users, Trust Wallet is one of the best wallets for Shiba Inu you can use. It has gained in popularity thanks to its ease of use and, as you’ll see in the next section, you can even buy SHIBs in just a few taps. 

It’s a simple app, but it has a wide variety of features and supports numerous crypto assets, as well as DApps. This, along with the security it offers, makes it a wallet of choice. 

Trust

  • Enhanced security
  • Integrated staking option
  • No hidden fees

MyEtherWallet

Shortly after the launch of Ethereum, MyEtherWallet (MEW) was one of the first cryptocurrency wallets to offer services for ETH and other ERC-20 tokens. What makes it unique is that it is an open-source project, meaning that no single company centralizes its development. 

This makes it a good choice if you value privacy and decentralization, but it also means that the application doesn’t have as many features as some of the others on this list. 

MyEther

  • Specialized in Ethereum/ERC-20
  • Allows offline transactions
  • Compatible with hardware wallets

 

Ledger Nano X

Physical wallets are the preferred option for security-conscious investors. It’s not that some people don’t value security, but these hardware wallets ensure cold or offline storage of Shiba Inu memecoin tokens so they can’t be easily accessed by malware.

Ledger Nano X is one of the most popular hardware wallets, not only for the security it offers but also because it comes with numerous features such as apps to enhance user experience. 

Ledger

  • Portability and durability
  • Integration with applications and services

Ledger

4.3

Sign up

KeepKey

It’s also a hardware wallet but differs from its predecessor in its simpler design. KeepKey doesn’t have many features for an enhanced experience but rather provides an easy way to keep your Shiba Inus safe. 

It still connects to your other devices – desktop, and mobile – via Bluetooth, but it’s not “gimmicky”, which means it’s simply designed to keep your assets safe. 

KeepKey

  • Fee-free transactions
  • Sleek design
  • Easy conversion

KeepKey

3

Sign up

MetaMask

For those who want an even more convenient experience, the MetaMask extension for Chrome browser is the solution. After downloading the extension to your browser, you can make crypto purchases directly from the browser with just a few clicks. 

You can also download the app for IOS and Android with similar ease and functionality to the web app. 

MetaMask

  • Multi-platform access
  • Non-custodial wallet
  • Multi-network interoperability

Trezor

Yet another hardware wallet, Trezor is similar to KeepKey in its simplicity and emphasis on security. It is, however, even more popular, with over a million units sold on the Model One and Model T series and more than a million users. 

This is what you need if you want to keep the SHIB for a long time, because not only is it secure, but it makes it easy to recover your tokens in the event of theft, loss, or damage.

Trezor

  • Enhanced Security
  • User-Friendly Interface
  • Wide Cryptocurrency Support

 

Coinbase wallet

Coinbase Wallet is a self-custodial hot wallet. The wallet stores assets online while providing robust security. The wallet seamlessly integrates with the Coinbase exchange platform. It is compatible with iOS and Android, facilitating exchanges and transactions on mobile devices.

It supports a diverse range of assets, including Bitcoin, Ethereum, and over 5,000 other major tokens. In addition to the two well-known blockchains, Coinbase also supports networks such as Avalanche, Fantom, Polygon, Arbitrum, and Optimism.

Coinbase

  • Fast transactions
  • Popular Crypto App
  • Autonomous management

What is a Shiba Inu wallet?

Before you can even begin to choose between all the options available, you first need to understand what a Shiba Inu wallet is. The first thing to know is that Shiba Inu is not an independent blockchain, but is built on top of the Ethereum blockchain. 

SHIB is therefore not a coin like Bitcoin, but rather an ERC-20 token, meaning it’s compatible with any crypto wallet that supports Ethereum

It’s worth noting that a cryptocurrency wallet doesn’t actually store cryptocurrencies or tokens. Tokens exist on a blockchain and are not physical assets. When we say that you can track all transactions on a blockchain, this refers to the address or public key, which is like an account number indicating every transaction linked to a particular wallet. 

However the public address doesn’t identify the wallet’s owner, it only indicates who owns each cryptocurrency or token on the blockchain. So a cryptocurrency wallet stores only the private keys that give you access to your cryptocurrencies already existing on the blockchain. Whoever holds the private key holds the crypto. So your Shiba Inu wallet will give you access to your SHIB tokens thanks to the private keys it stores.

Shiba Inu cold wallet or hot wallet?

Cryptocurrency wallets can be classified into two broad categories: cold wallets and hot wallets, depending on how the assets are accessed. Here’s what you need to know about each storage system.

Cold walletHot wallet
Private keys are stored offlinePrivate keys can be exposed to the Internet
Can be electronic or paperIs software (App or browser extension)
Less vulnerable to malware More vulnerable to malware 
Less practical to use and more expensiveMore practical, easier to use on a daily basis and free of charge
The best solution for large numbers of tokensIdeal for everyday use (purchasing and trading)

Shiba Inu cold wallet

A cold wallet simply refers to the storage of a private key in offline support until it is needed. As we saw in the previous section, hardware wallets such as Trezor provide this type of storage. 

Pros of Shiba Inu cold wallet 

  • Absolute control: with your private key in hand, you have total control over your cryptocurrencies and no one can limit how you use it. Cryptocurrency enthusiasts prefer this system because that’s what cryptos are all about: eliminating the need for banks and other financial institutions.
  • Enhanced security: it’s impossible to hack into a cold wallet because it’s not connected to the Internet. And even when verifying transactions, hardware wallets perform in-device checks to avoid any risk of a thief acquiring your private key.
  • Anonymity: if you want your transactions to be secure, cold wallets don’t require personal data, unlike some hot wallet platforms.

Cons of Shiba Inu cold wallets 

  • More expensive: hardware wallets can cost between $50 and $200, which may not be reasonable if you only have a few SHIB tokens, but whales (large holders) prefer the extra cost for the security it provides.
  • Less convenient – compared to hot wallets, cold wallets require more effort to make transactions, making them unsuitable for active crypto traders.

Shiba Inu hot wallet

Unlike a cold wallet, a hot wallet is often connected to the Internet. These are wallets in the form of mobile apps, PC software, or browser extensions. 

Pros Shiba Inu hot wallets 

  • Ease of use: online wallet transactions are highly convenient, often requiring only a password or fingerprint to be authorized in a matter of seconds.
  • Less expensive: except for transaction fees, hot wallets are essentially free to download and use.
  • Diversification: the same wallet can be used to store multiple tokens, allowing you to diversify and gain exposure to different cryptocurrencies from the same platform.
  • Account recovery – you don’t lose your cryptos just because you’ve lost your device or forgotten your password. This makes it ideal for occasional users who may need to recover their accounts after a while.

Cons of Shiba Inu hot wallets 

  • Exposure to online theft: as a hot wallet is always connected to the Internet, a hacker can access the private keys sometimes stored in the same device, and transfer cryptos to its address. 
  • Potential loss: if you lose your recovery phrases, it becomes very complicated to access the wallets again.
  • Vulnerability to malware: hot wallets are more vulnerable to hacker attacks than cold wallets. Online platforms can be hacked, and your cryptos could disappear with no possible refund.

How to buy Shiba Inu with your wallet and create a SHIB address?

Trust Wallet is the most beginner-friendly wallet in our guide. For this reason, let’s take a look at how you can create a SHIB address or buy SHIBs within the app.

As the SHIB is very popular, it can be transferred from another exchange to your Shiba Inu wallet in Trust Wallet. Just type this icon and search for SHIB (ERC20).

shiba inu trust wallet

Tick the box corresponding to Shiba Inu and tap it on the home page.

receive shib trust wallet

If you already have SHIB tokens in another wallet or are waiting to receive tokens from another person, press Receive to display the ECR20 address above. 

Important: Be sure to select the Shiba Inu (ERC20) option if you’re sending from the Ethereum network, and not another option from the list.

You can share them freely, as they do not give anyone else access to your SHIB tokens, and the tokens will be received in your Trust Wallet account. 

You can also buy SHIBs from Trust Wallet.

buy shib trust wallet

Depending on your location and account currency, you can choose from a variety of partners such as MoonPay or Simplex, which allow you to buy cryptocurrencies using your credit card. 

buy shib with USD

It’s also possible to exchange another cryptocurrency you already have on Trust Wallet for SHIB thanks to the built-in decentralized exchange (DEX).

Wallet Shiba Inu – Our final review

Almost all the Top Shiba Inu wallets support hundreds of other assets. The main difference between them lies in ease of use. Mobile wallets like Trust Wallet are generally the most user-friendly without compromising security. What’s more, you can buy your SHIBs directly on their integrated exchanges.

FAQ

Trust Wallet and MetaMask can store Shiba Inu.
The token burn is a program that aims to reduce supply and boost SHIB’s price by sending some tokens to an abandoned wallet (wallet with no owner).
SHIB has become a significant crypto. Some analysts expect it to overtake DOGE in market capitalization.
Yes, but only for small amounts of SHIB.