Buying Shen (SHEN) is straightforward, even if it's not yet listed on BingX. Learn three proven ways to acquire Shen, from self-custody wallets and decentralized exchanges (DEXs) to centralized exchanges (CEXs). Sign up on BingX so you can be one of the first to trade SHEN when it's listed here.
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Holding Shen in a non-custodial wallet puts you in full control of your assets: as the saying goes, “not your keys, not your coins.” You retain sole ownership of the private keys that secure your holdings by using popular Cardano wallets like Yoroi or Daedalus. This approach is ideal for interacting directly with Cardano's DeFi protocols without intermediaries. While convenient, always verify you’re interacting with legitimate dApps, keep your software up to date, and be vigilant against phishing or scam sites.
For long-term HODLing, opt for a hardware wallet such as Ledger or Trezor. These devices keep your private keys offline, drastically reducing exposure to hacks or malware; just be sure to back up your seed phrase in a safe location.
If you prefer fully managed custody, store on a trusted CEX that lists it. You’ll benefit from enterprise-grade security (2FA, cold storage, audits) and instant access to advanced trading features like spot, margin, and futures without moving funds between wallets.
