SHIB ERC20 → DOT: swap details at ROVEN exchange
To switch from Shiba Inu to Polkadot 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. Polkadot (DOT) is Gavin Wood’s network that unites many parachain blockchains under shared security.
Why swap SHIB ERC20 for DOT
Coins serve different purposes, and sometimes holding DOT makes more sense — for faster transfers, staking or the Polkadot ecosystem. With DOT you get access to the apps, staking and tokens of the Polkadot network.
Networks and addresses
| You send SHIB ERC20 | You receive DOT | |
|---|---|---|
| Network | Ethereum (ERC20) | Polkadot |
| Address | “0x” + 40 characters | starts with “1” |
| Network speed | a block comes every 12 seconds | a block comes every 6 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 new Polkadot address must receive at least 1 DOT, the account’s minimum balance.
- 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 Polkadot, a block comes every 6 seconds. The whole SHIB ERC20 to DOT swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 DOT = 192 645.17 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.
