Swapping Shiba Inu for Zcash: what you need to know
Exchanging SHIB ERC20 for ZEC 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. Zcash (ZEC) is a cryptocurrency with optional privacy based on zero-knowledge proofs.
Why swap SHIB ERC20 for ZEC
Shifting between SHIB and ZEC is a normal part of managing a portfolio: you change your exposure without cashing out to fiat. Zcash supports private transfers, but swaps use transparent addresses.
Networks and addresses
| You send SHIB ERC20 | You receive ZEC | |
|---|---|---|
| Network | Ethereum (ERC20) | Zcash |
| Address | “0x” + 40 characters | “t1…” or “t3…” |
| Network speed | a block comes every 12 seconds | a block comes roughly every 75 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.
- You need a transparent “t1…” or “t3…” address; “zs…” and “u1…” addresses won’t work.
- 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 Zcash, a block comes roughly every 75 seconds. The whole SHIB ERC20 to ZEC swap usually takes 5 to 30 minutes once your transfer is confirmed.
Right now ROVEN exchange swaps SHIB ERC20 for ZEC at 1 ZEC = 249 097 850.16 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.
