Let’s walk through and learn how easily you can exchange cryptos on CoinSwitch. Here we will see an example of Bitcoin (BTC) to Ethereum (ETH) exchange.
Visit: https://www.coinswitch.co and select BTC in the ‘You Send’ dropdown and ETH in the ‘You Get’ dropdown. Enter the amount of BTC you want to exchange. This will show the amount of ETH you can get at the exchange rate.
Now you have to click ‘View All Offers’ button.
Here you will see the list of all exchanges with the amount of Ether (ETH) you will receive if you exchange from them. Choose the best exchange to convert your Bitcoin (BTC) to Ether (ETH) or the one recommended by us.
Provide your Ether (ETH) wallet address. You will receive your ETH coins in that wallet after the exchange completes. If you do not have a wallet, you can get one by checking `Don’t have a wallet`. Please double check the address and read the terms before hitting the ‘Next’ button.
Here it will show the Bitcoin (BTC) address of the exchange. Now you have to send BTC from your BTC wallet to that address.
Note: The address given in this step is for single transaction. Please do not use the address multiple times to send funds.
Once the exchange will receive your BTC then it will initiate the Ether (ETH) conversion.
You can always track your transaction on the blockchain with our easy to access links, below is your transactions status.
Here you go! The transaction is now completed, and now you can check your Ether (ETH) wallet. Note that although the transaction is finished, in some cases your wallet needs some additional confirmations to display the received funds. All you should do is to just wait until your coins are displayed.
Happy switching :)