May 25, 2024
How to swap BTC to ETH / ETH to BTC: Full Guide
If you ask yourself 'How can I swap ETH to BTC?', then this guide is for you!
Read the article to get answer to these questions:
- Where can I exchange Bitcoin for Ethereum?
- How to swap BTC to ETH and vice versa?
- How long does it take to swap ETH to BTC / BTC to ETH?
Swapping Bitcoin (BTC) to Ethereum (ETH) and ETH to BTC on ChangeNOW is a straightforward process. Here's a step-by-step guide to help you complete the swap:
Step 1: Visit the ChangeNOW Website
Go to the ChangeNOW website.
Step 2: Select the Cryptocurrencies
- On the homepage, you'll see two dropdown menus. In the first dropdown menu 'You Send', select BTC (Bitcoin).
- In the second dropdown menu 'You Get', select ETH (Ethereum).
Step 3: Enter the Amount
- Enter the amount of BTC you want to swap into the corresponding field.
- ChangeNOW will automatically calculate and display the estimated amount of ETH you will receive.
Step 4: Provide Your ETH Wallet Address
- Below the amount fields, you will see a space to enter your Ethereum (ETH) wallet address. Make sure to enter the correct address where you want to receive your ETH.
- Double-check your wallet address to avoid any mistakes.
Step 5: Confirm the Details
- Review the transaction details, including the amount of BTC you are sending and the amount of ETH you will receive.
- Check the exchange rate and ensure you are comfortable with it.
- Click the Advanced Settings to provide promo code (if you have one) and BTC refund address.
Step 6: Initiate the Swap
- Click on the Exchange button.
- ChangeNOW will provide you with a BTC deposit address.
Step 7: Send BTC to the Provided Address
- Copy the provided BTC deposit address.
- Open your Bitcoin wallet and send the specified amount of BTC to this address.
- Ensure you send the exact amount of BTC required for the swap.
Step 8: Wait for the Swap to Complete
- ChangeNOW will process your transaction once it receives your BTC.
- The platform will automatically exchange your BTC for ETH.
- The ETH will be sent to your provided ETH wallet address.
Step 9: Check Your ETH Wallet
- After the transaction is complete, check your Ethereum wallet to confirm the receipt of ETH.
- The time it takes for the ETH to arrive in your wallet may vary depending on network conditions, but as a rule it takes less than a minute.
Troubleshooting and Support
- If you encounter any issues during the process, you can reach out to ChangeNOW's customer support for assistance.
- Make sure to save any transaction IDs or confirmation details provided during the process.
By following these steps, you can easily swap BTC to ETH on ChangeNOW.
Always ensure you enter the correct wallet addresses and double-check all transaction details before proceeding.