How to exchange SHIB ERC20 for USDT ERC20 safely and at a good rate
Exchanging SHIB ERC20 for USDT ERC20 locks in the dollar value of your Shiba Inu and takes price swings out of the picture. At ROVEN exchange you receive USDT straight to your own wallet at a rate known in advance.
Shiba Inu (SHIB) is a popular ERC20 meme token on Ethereum with an enormous supply. USDT ERC20 is the Tether stablecoin on Ethereum, accepted by virtually every exchange and DeFi service.
Why swap SHIB ERC20 for USDT ERC20
Moving into USDT ERC20 protects your capital from a drop in SHIB and makes settlements simpler: dollar amounts are clear to everyone involved. USDT is convenient for settlements, storage and moving funds between platforms.
Networks and addresses
| You send SHIB ERC20 | You receive USDT ERC20 | |
|---|---|---|
| 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.
- USDT ERC20 arrives at a “0x…” address; to send it on later you’ll need a little ETH.
- 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 USDT ERC20 swap usually takes 5 to 30 minutes once your transfer is confirmed.
Right now ROVEN exchange swaps SHIB ERC20 for USDT ERC20 at 1 USDT = 200 924.25 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.
