Swapping Ethereum (ETH) to Shiba Inu (SHIB) is an easy and straightforward process with Zengo, the most secure non-custodial cryptocurrency wallet. With Zengo, you can trade Ether for Shiba Inu tokens or vice versa within seconds.
Ethereum is a decentralized, open-source blockchain with smart contract functionality founded by Vitalik Buterin. Ether (ETH) is the native token of the platform that facilitates transactions. Ethereum allows you to be your own bank due to its decentralized nature and the fact that it’s protected by cryptography. The Ethereum blockchain uses a Proof-of-Stake consensus mechanism, which ensures owners of Ether (ETH) can act as transaction validators if they want, securing the network. The more Ether (ETH) tokens a user has, the more likely the user will be chosen to verify transactions and receive rewards in the form of more tokens for doing so.
Shiba Inu (SHIB) is a decentralized ERC-20 cryptocurrency that runs on the Ethereum blockchain, created in August 2020 by an anonymous person or group known as Ryoshi. The token is named after the Shiba Inu, which is a Japanese dog breed. Shiba Inu is regarded as a ‘’meme token’’, and many savvy digital asset investors see it as an alternative to Dogecoin (DOGE), which is also a dog-themed meme coin.
Once you’ve followed all the steps for setting up your Zengo account, simply follow these steps to swap Ethereum for Shiba Inu:
The Zengo wallet app provides users with endless possibilities: buy, sell, send, receive, and swap cryptocurrencies, such as Bitcoin, Ethereum, Tether, Polygon, Chainlink, and Shiba Inu from the palm of your hand, whenever you want, wherever you are. Apart from cryptocurrencies, Zengo also enables its users to store NFTs and provides them with access to various NFT Marketplaces like OpenSea. Additionally, Zengo allows you to interact with DeFi platforms and Daaps via WalletConnect.
With Zengo’s Web3-ready non-custodial crypto wallet, users can buy, send, receive, sell, and swap cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Polygon, Chainlink, and Shiba Inu. Apart from cryptocurrencies, the Zengo wallet allows you to hold NFTs and have access to various NFT Marketplaces like Opensea, and it allows you to interact with DeFi platforms and Daaps through WalletConnect.
Zengo is the safest and most secure cryptocurrency wallet on the market that makes use of MPC technology, meaning that your key phrases are protected with biometric facial recognition software and 3-factor authentication instead of regular seed phrases. With Zengo, only you have access to your cryptocurrency holdings.
The Zengo wallet app is completely non-custodial. This means that you are in total control of your own private keys. On top of that, the user interface of the app is intuitively and modernly designed, ensuring that there is minimal room for error while sending, receiving, or trading cryptocurrencies.
Apart from offering you access to multiple blockchains and hundreds of different digital assets, Zengo charges its users fair trading fees and no transaction fees at all for sending and receiving cryptocurrencies. The best thing is that Zengo allows you to decide on your own how much miner fees you are willing to pay. If you want your transactions to come through fast, you can pay a bit more. Not in a hurry? Then you can decide to pay less. Find out more about our dynamic fee structure here.
With Zengo, you never have to worry about losing access to your funds, as the security of your digital asset holdings is guaranteed. Whether you accidentally delete the app, lose your mobile device, or forget your login details, Zengo’s advanced biometrics and keyless recovery system ensure you can retrieve access to your funds within no time.
Zengo provides 24/7 customer support with real human support agents by both email and live chat. Forget about endlessly chatting with bots and receive personal assistance directly whenever needed. So, if you ever need help swapping your ETH for SHIB or have any other questions, don’t hesitate to contact our support team directly; that’s what they are there for! Feel free to check out our Online Help Center at any time if you are unsure what to do.
Cryptocurrency trading can be fun and exciting. However, most of the digital asset industry is unregulated, and the majority of cryptocurrencies are highly volatile. Zengo protects your digital asset portfolio and provides you with access to Web3 and Dapps, but it doesn’t provide you with financial advice. Always do your own research before investing in any cryptocurrency.
We at Zengo work hard to ensure your cryptocurrency swapping needs are met, and we try our best to explain everything in the simplest way possible. However, if you have any questions, be sure to check out the FAQ below.
Although both Shiba Inu (SHIB) and Ethereum (ETH) are cryptocurrencies, there are some subtle differences between the two. For starters, Shiba Inu is an Ethereum-based altcoin that is widely considered to be an alternative to Dogecoin (DOGE). Although Shiba Inu (SHIB) is within the top 20 cryptocurrencies by market capitalization, it is nowhere near as ‘’big’’ as Ether (ETH), which is the second largest cryptocurrency and native coin of the Ethereum network, only to be topped by Bitcoin (BTC).
Trading Ethereum for Shiba Inu with the Zengo wallet means that you swap Ether (ETH) tokens for Shiba Inu (SHIB) tokens or the other way around using the Zengo wallet swapping feature.
Yes, you will definitely need a safe and reliable cryptocurrency wallet or exchange to trade one token for the other. The Zengo wallet app allows you to do just that with a few taps whenever you want, wherever you are. Once you’ve set up your Zengo wallet, you can swap Bitcoin, Ethereum, and many other cryptocurrencies like DOGE, MATIC, and SAND for low, competitive fees.
Yes, and the minimum trading amounts required between the two tokens depend on the current market conditions. To check out the current minimum trading accounts, log into your Zengo wallet app and navigate to the trade screen. For more information regarding Zengo’s fees and limits, click here.
The Zengo wallet app allows you to trade BTC, LINK, DOGE, XTZ, USDC, USDT, MATIC, ALPHA, MANA, EUROC, and a handful of other cryptocurrencies. Sometimes not all pairs are available, depending on market conditions and liquidity. You can check which tokens can be traded for ETH or SHIB by logging into the app and checking the trade screen.
Yes, you can send ETH and SHIB from your Zengo wallet to other external wallets. To do so, simply navigate to Ethereum or Shiba Inu from the app, select which token you want to send, specify the amount, and copy the destination address. Now, follow the on-screen instructions, and tap ‘’send.’’ Note that you have to have enough tokens to cover the associated gas fees.
After a successful Ethereum to Shiba Inu trade, you will be notified with a push notification. Another way to know when your Ethereum to Shiba trade has succeeded is by checking the trade history within the Zengo app. You will see the transaction’s status updated from ‘’Trade Pending’’ to ‘’Trade Received’’ when the trade has been completed.
Yes, you should definitely store your Ethereum and Shiba Inu tokens in your Zengo wallet. Zengo allows you to store both cryptocurrencies indefinitely while you are in complete control of your private keys. Swap or trade them whenever you want to fiat while enjoying Zengo’s robust security, keyless recovery, and constant accessibility.
Yes, you can buy both Ether and Shiba Inu with Zengo. In order to buy any of the two tokens, tap the ‘’Buy’’ button in the main menu and select the desired token. Specify how much you want to buy and follow the on-screen instructions. Zengo accepts multiple payment methods, such as Visa, MasterCard, Apple Pay, and bank wire transfers.
Scan this QR code
Enter your phone number to receive a download link.