How To Instantly Convert Bitcoins into Ethereum (or any other Altcoins)

convert-bitcoin-into-ethereum

convert-bitcoin-into-ethereum

Bitcoin is certainly a good investment according to experts. Even Bill Gates openly endorsed Bitcoin. But you should also know that there are other cryptocurrencies.

It’s wise to also invest in other cryptocurrencies like Ethereum and Litecoin.

In this article, I will share how to convert Bitcoin into Ethereum, Litecoin, or any other cryptocurrency.

If this is your first time dealing with Bitcoin, here are a few guides that you should read first:

  1. How To Trade-In Amazon Gift Cards For Bitcoin
  2. How To Buy Your First Bitcoin Using Coinbase

The above three tutorials will help you get a good grasp of how you can get your first Bitcoin. Now, let’s move ahead with the tutorial of how to swap Bitcoin with other cryptocurrencies.

Convert Bitcoins into Ethereum Instantly Using Changelly:

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Changelly is a fully fledged platform that let you convert any cryptocurrency into any other. For example, in this case, we have 1 BTC & we want to convert it into Ethereum. With Changelly, this could be done instantly.

Here is how to get started:

  • Click on Exchange & on the next page you will get the details of the transaction.
  • Do note, Changelly would require you to create an account using an email address. This is a good thing as you can anytime login to your Changelly account in future & see all your conversions.

Click on next & enter your Ethereum wallet address where you want to receive the converted Ether. You can see the list of most popular & trusted Ethereum wallet here.

Click on next & on this page you will see the details of the conversion you are making. If everything looks ok, click on confirm & make payment.

On the next page, you will see the QR code & the Bitcoin Wallet address in which you need to send the BTC to convert it into ETH. After sending the payment, you can close the tab as you will get email notification when everything is done.

I have used Changelly service many times in the past to convert Bitcoins into Ethereum, Dash & also Stratis. Here is a snapshot of my account history page:

Register an account on Changelly

Meet Shapeshift: Fastest Way To Exchange Cryptocurrency

Like Changelly,  Shapeshift is a currency swapping website which does one thing: Allows users to exchange between Bitcoin and other cryptocurrencies.

So let’s say you want to exchange Bitcoin for Ethereum.

You need just two things:

  • Bitcoin
  • Ethereum wallet address

If you are converting to something else apart from Etherium, you just need to know the wallet address where you can receive the converted currency.

If you don’t have an Ethereum wallet address, you can sign up for Coinbase & get an Ethereum wallet address for free or refer to this guide for best Ethereum wallets.

Once you have fulfilled both requirements, head over to Shapeshift.io.

Select Bitcoin in Deposit & Ethereum in Receive under the “Choose Which Coins to Trade” option.

exchange-bitcoin-for-ether

Click on Continue. This is where you need to add your Ethereum wallet address & your Bitcoin address. The Bitcoin wallet address is not necessary, but it’s useful in case a refund needs to be made.

In this case, I’m transferring 0.5 BTC to ETH.

ether-from-bitcoin-exchange

Once you have entered the amount & your wallet address, click on Start Transaction. On the next page, you will get the address to send it to.

shapeshift-tutorial-cryptocurrencyexchange

 

Note: You only have 10 minutes to make this transaction.

For this tutorial, I’m sending Bitcoin from my Unocoin wallet to the wallet address provided above:

sending-bitcoin-via-unocoin

Usually, it takes about 30-60 seconds for this transaction to happen & you will see a success screen like this:

ether-successfully-sent

That means that Bitcoin has been successfully converted into Ethereum & it has been transferred to your Ethereum wallet address.

etherium-received

The Ethereum wallet in your Coinbase account will show the new amount, but it will be in a ‘Pending’ state for about 30 minutes until is it verified by the network. You can read more about the process here.

However, you don’t need to worry at this point, as within a few more minutes the transaction will be verified & your Coinbase Ethereum wallet will be loaded with the converted amount.

Shapeshift also has a smartphone app that you can download from the below link.

Download iOS App || Download Android app

Here is an official video demo of using Shapeshift for currency conversion:

Update: ShapeShift who earlier used to have no registration policy for using their services is now turning off that facility. ShapeShift is now introducing ShapeShift membership programme which will require you to have KYC. So accordingly make your choices !!

Conclusion

Well, this is an example of converting Bitcoin into Ethereum.

You can follow the same guide to convert Bitcoin into Nubits, Omni, Peercoin, Monacoin, or any other altcoins. If you have any problem making this exchange happen or have any query, feel free to ask me via the comment section below.

If you have a tip or suggestion for me, feel free to drop an email via the contact form.

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Further Suggested Readings:

15 thoughts on “How To Instantly Convert Bitcoins into Ethereum (or any other Altcoins)”

  1. Hi,

    Can you please let me know if i need to send the bitcoin from shapeshift or changelly to zebpay,is this thing possible.

    Thanks,
    Sumeet

    1. Yes, it is possible.

      Zebpay only supports BTC addresses so when you wish to get BTC in exchange of any other supported currency you can put your Zebpay’s BTC receiving address in Changelly or ShapeShift.

  2. Hello,

    I tried to make a transfer earlier from Coinbase to Binance and it is still pending from 3-4 hrs ago. I would like to know if the sites you are recommending will be faster. I want to make more purchases but unsure if i should wait til my 1st external transfer is confirmed.

    1. No matter what service you use Bitcoin’s blockchain is having a heavy load. Expect delay plus the delay from any exchange services.
      Also not to worry once you transaction reaches to pending pool of transactions it means it will go through it…

  3. I need Help!!! I followed the instructions on how to change bitcoin to ETH on Changelly but I accidentally converted my bitcoin to EXP. I don’t even know what that is. When I check my Ether Wallet there is nothing there even though that is the address I made the conversion to. What do I do? How do I find my EXP currency?

    1. then you might have put your ETH address for receiving your EXP. Sadly only Changelly guys can help you. Please be cautious about such things!!

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