It is an ERC-20 token that can be used on the Ethereum network. Shiba Inu cryptocurrency is housed on the Ethereum blockchain and is quickly becoming one of the top 50 fastest-growing cryptocurrencies in the world.
Read moreIs SHIB on BEP20?
You may be thinking of depositing SHIB into ShibaSwap to stake SHIB on the platform. However, ShibaSwap only supports the ERC20 version of SHIB, and not the BEP20 version ! When you are staking SHIB on ShibaSwap, you may want to consider the high transaction fees that you’ll incur!
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