Shiba Inu (SHIB) is a cryptocurrency that is an Ethereum-based ERC-20 altcoin. It was launched in early August 2020. The anonymous individual called Ryoshi created SHIB as a meme coin and runs on the Ethereum blockchain. Shiba Wallets was created as an Ethereum-based counterpart to the Scrypt-based Dogecoin mining algorithm.

Over the last year, the coin has gained popularity as investors show interest in it, with headlines from personalities such as Vitalik and Elon Musk. Its price peaked by tenfold in late October 2021, having a market cap of $41 billion. Regardless of its growing popularity and price multiplying lots of times, its price still trades for a small fraction of a cent. Here some questions may surely arise: Is Shiba Inu a good investment, and which are the best wallets to store and buy Shiba Inu in 2022? We will cover all of these questions in this article so let’s get started.
<h2>The Best Wallets That Can Be Used To Buy And Store Shiba Inu Are As follows:</h2>
<h3>1. Trezor Model-T Wallet</h3>
<img class="wp-image-235767 size-full alignleft" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/05/Trezor-Model-T-1.png" alt="Trezor Model-T Wallet - Shiba Wallets " width="300" height="180" />

Trezor Model-T wallet is among the most secure <a href="https://www.cryptoknowmics.com/news/best-avax-wallets-in-2022/" target="_blank" rel="noopener">cold wallets</a> available. The wallet supports over 30 cryptocurrencies and still, new coins are being added to the list. Considering its excellent security features, the wallet implements the use of 2-factor authentication, passphrase, and 12-word recovery phase, among other security protocols. Having that in mind, Trezor Model-T is undoubtedly the best Shiba Inu wallet. The wallet allows its users to hold, trade, and monitor their crypto assets in a secure manner.

The Trezor Model-T wallet device is a preferable wallet for SHIB investors who are newbies to the network. It's also an open-source program that can be publicly accessed and can be integrated with various programs. The LCD screen makes it possible to transact and manage SHIB coins without much hassle. However, its major con is the hefty price of the hardware wallet which costs about $180.
<h3>2. Atomic Wallet</h3>
<img class="wp-image-235762 size-full alignright" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/05/Exodus-Electrum-Atomic-Wallet.png" alt="Atomic Wallet - Shiba Wallets " width="300" height="180" />

The atomic wallet supports Ethereum-based ERC-20 coins and as such, is a suitable option for storing Shiba Inu tokens. The <a href="https://www.investopedia.com/atomic-cryptocurrency-wallet-review-5235566" target="_blank" rel="noopener">Atomic wallet</a> is an excellent wallet that allows its users to stake and exchange crypto assets without incurring extra costs fees. Also, rewards are received directly from the validators. Crypto enthusiasts interested in purchasing Shiba Inu coins can do so through the Atomic wallet.

It supports over 20 different cryptocurrencies. Moreover, it stores personal information on the user's local storage device, making it somewhat of a cold wallet. Having useful features like the Atomic Swap, digital asset owners can swap any other cryptocurrency for SHIB in their wallets. Moreso, the SHIB token can be purchased using the in-built exchange, making it a top Shiba Inu wallet. It's also available for operating systems like Windows, iOS, Android, and macOS.
<h3>3. Exodus Wallet</h3>
<img class="size-full wp-image-164539 alignleft" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2020/03/Exodus1.png" alt="Exodus Wallet" width="300" height="180" />

Launched by the Exodus Movement in 2015, Exodus wallet is considered a multi-currency wallet that supports over 10 different cryptocurrencies, SHIBA being inclusive. Being a beginner in understanding crypto shouldn't stop you from investing in digital assets. As such, Exodus’s easy-to-use interface is essential in assisting newbies in understanding and managing crypto assets.

It has good customer service and a very reliable support team. It's also compatible with both desktop and mobile supporting operating systems that include Windows, Android, Linux, macOS or iOS. Moreover, it's compatible with <a href="https://www.cryptoknowmics.com/news/best-tron-wallets-in-2022/">hardware wallets</a> like Trezor Model-T making it a very nice wallet to store and buy Shiba Inu tokens. It doesn't conform to the KYC measures and users don't have to provide personal information to access an account.
<h3>4. Coinomi Wallet</h3>
<img class="size-full wp-image-235994 alignright" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/05/Coinomi.jpg" alt="Coinomi Wallet" width="300" height="180" />

Just like Exodus, Coinomi is a famous multi-currency hot wallet. It was launched in 2014 and is a favorite wallet for most crypto enthusiasts, especially SHIB token holders. Security for the wallet is incredible with security protocols allowing users to store their private keys in their wallets.

As such, it ensures complete control of the wallet by the token owner. It also has no KYC requirements and no need to link personal data. Also, user IP addresses are anonymized while using their services. Having an in-built exchange, investors can purchase Shiba Inu tokens directly from the Coinomi wallet. It also has a desktop site that allows you to monitor your transactions online.
<h3>5. Trust Wallet</h3>
<img class="size-full wp-image-236331 alignleft" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/05/Trust-Wallet.jpg" alt="Trust Wallet" width="300" height="180" />

The Trust wallet is among the most popular and most used wallets by crypto investors. It's a very reliable wallet to store Shiba Inu and also supports Ethereum, ERC223 and ERC-20 tokens. Also, being a Hierarchical Deterministic (HD) wallet, users don't have to keep a backup for their private keys.

The backups are automatically created in the hierarchical structure in the wallet background. Moreover, it's a Web3 browser that allows token holders to browse <a href="https://www.cryptoknowmics.com/news/top-10-defi-dashboards-keep-an-eye-on-your-defi-dapps-investments">dApps</a> on the Ethereum blockchain network, without compromising the security of your funds. The wallet is only compatible with iOS and Android operating systems.
<h2>Conclusion</h2>
Investing and storing Shiba Inu coins has been made easier through the available SHIBA wallets. For maximum security, it's advisable to link hot wallets or web wallets to hardware wallets. Doing so provides 100% security for your digital assets offline. Shiba Inu is a meme coin, it has the potential to grow in the future and investors predict an increase in price before the year's end. Visit the wallets mentioned to buy and store your Shiba Inu coins today.
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<p class="text-justify"><strong>Also Read: <a href="https://www.cryptoknowmics.com/news/best-avax-wallets-in-2022">What are the Best 5 Avax Wallets in 2023</a></strong></p>

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<p class="text-justify"><strong>Also Read: <a href="https://www.cryptoknowmics.com/news/best-solana-wallets-2022">The Best Wallet to Store Solana in 2023</a></strong></p>

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What are the Best Shiba Wallets in 2023

Here some questions may surely arise: Is Shiba Inu a good investment, and which are the best wallets to store and buy Shiba Inu in 2022?

Adam is an outgoing young lad who likes adventures and discovering new things.Despite his boring life, he loves writing about cryptocurrencies and exploring what blockchain technology can do for the coming digital world where all adventures will be virtual.

What are the Best Shiba Wallets in 2023

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