How to exchange SHIB ERC20 for XRP safely and at a good rate
Exchanging SHIB ERC20 for XRP 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. XRP is the coin of the XRP Ledger, built for fast international payments between banks and people.
Why swap SHIB ERC20 for XRP
Shifting between SHIB and XRP is a normal part of managing a portfolio: you change your exposure without cashing out to fiat. XRP was built for fast, cheap transfers, which makes it handy for payments.
Networks and addresses
| You send SHIB ERC20 | You receive XRP | |
|---|---|---|
| Network | Ethereum (ERC20) | XRP Ledger |
| Address | “0x” + 40 characters | “r…”, 25–35 characters |
| Network speed | a block comes every 12 seconds | a transfer confirms in 3–5 seconds |
| Memo / tag | Not needed | Only for an exchange address |
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 XRP address is activated only after it receives the 1 XRP reserve.
- If you’re receiving XRP to an exchange address, be sure to enter that exchange’s memo.
- 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 XRP Ledger, a transfer confirms in 3–5 seconds. The whole SHIB ERC20 to XRP swap usually takes 5 to 30 minutes once your transfer is confirmed.
Right now ROVEN exchange swaps SHIB ERC20 for XRP at 1 XRP = 251 175.41 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.
