Swapping Shiba Inu for Dash: what you need to know
To switch from Shiba Inu to Dash you don’t need to sell for dollars first and then buy again. ROVEN exchange does it in one step: one order, one rate, one payout.
Shiba Inu (SHIB) is a popular ERC20 meme token on Ethereum with an enormous supply. Dash (DASH) is “digital cash” with masternodes and instant InstantSend payment locking.
Why swap SHIB ERC20 for DASH
Coins serve different purposes, and sometimes holding DASH makes more sense — for faster transfers, staking or the Dash ecosystem. Dash was built for fast, cheap transfers, which makes it handy for payments.
Networks and addresses
| You send SHIB ERC20 | You receive DASH | |
|---|---|---|
| Network | Ethereum (ERC20) | Dash |
| Address | “0x” + 40 characters | “X…” or “7…” |
| Network speed | a block comes every 12 seconds | InstantSend locks a payment within a couple of seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- Send SHIB on Ethereum, not from Shibarium or BNB Smart Chain, and double-check the number of zeros.
- A Dash address starts with “X”; don’t confuse it with Bitcoin or Litecoin addresses.
- To send SHIB your wallet needs some ETH to pay the network fee.
- Send the exact amount from the order and do it within 30 minutes, while the locked rate is valid.
How long the swap takes
Swap speed depends on both networks. On Ethereum (ERC20), a block comes every 12 seconds; on Dash, InstantSend locks a payment within a couple of seconds. The whole SHIB ERC20 to DASH swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 DASH = 9 714 285.71 SHIB and the minimum amount is 10 000 000 SHIB. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.