How to exchange SHIB ERC20 for POL safely and at a good rate
To switch from Shiba Inu to Polygon 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. POL (formerly MATIC) is the coin of Polygon PoS, an Ethereum-compatible network with fees in cents.
Why swap SHIB ERC20 for POL
Coins serve different purposes, and sometimes holding POL makes more sense — for faster transfers, staking or the Polygon PoS ecosystem. With POL you get access to the apps, staking and tokens of the Polygon PoS network.
Networks and addresses
| You send SHIB ERC20 | You receive POL | |
|---|---|---|
| Network | Ethereum (ERC20) | Polygon PoS |
| Address | “0x” + 40 characters | “0x” + 40 characters |
| Network speed | a block comes every 12 seconds | a block comes every 2 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 Polygon address is the same as an Ethereum one; select the Polygon network in your wallet to see POL.
- 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 Polygon PoS, a block comes every 2 seconds. The whole SHIB ERC20 to POL swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 POL = 18 854.38 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.