How to exchange SHIB ERC20 for ETH safely and at a good rate
Exchanging SHIB ERC20 for ETH is useful when you rebalance a portfolio or want to move from one network to another without buying stablecoins in between. At ROVEN exchange the coins are swapped directly, and the rate is locked when you create the order.
Shiba Inu (SHIB) is a popular ERC20 meme token on Ethereum with an enormous supply. Ethereum (ETH) is the leading platform for smart contracts, DeFi and ERC20 tokens.
Why swap SHIB ERC20 for ETH
Shifting between SHIB and ETH is a normal part of managing a portfolio: you change your exposure without cashing out to fiat. With ETH you get access to the apps, staking and tokens of the Ethereum (ERC20) network.
Networks and addresses
| You send SHIB ERC20 | You receive ETH | |
|---|---|---|
| Network | Ethereum (ERC20) | Ethereum (ERC20) |
| Address | “0x” + 40 characters | “0x” + 40 characters |
| Network speed | a block comes every 12 seconds | a block comes every 12 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.
- An ETH address starts with “0x”; BNB Smart Chain and Polygon use the same format, so check your wallet’s network.
- To send SHIB your wallet needs some ETH to pay the network fee.
- The rate is locked for 30 minutes: send SHIB within that time and you’ll receive exactly the amount shown in the order.
How long the swap takes
Swap speed depends on both networks. On Ethereum (ERC20), a block comes every 12 seconds; on Ethereum (ERC20), a block comes every 12 seconds. The whole SHIB ERC20 to ETH swap usually takes 5 to 30 minutes once your transfer is confirmed.
Right now ROVEN exchange swaps SHIB ERC20 for ETH at 1 ETH = 447 597 085.16 SHIB, with a minimum of 10 000 000 SHIB. Fill in the form above: no sign-up is needed, and you can track the order status online.
