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Topic: Converting my ETH to BTC - page 3. (Read 464 times)

jr. member
Activity: 168
Merit: 2
July 23, 2018, 12:53:20 PM
#1
Alright folks I have some Ethereum in my Ledger wallet and want to convert them to Bitcoin.

How do I do this?

These are the steps I'm thinking:

Send my Ether from Ledger to my Coinbase account
Sell my Ether at Coinbase
Wait for the Ether to sell and convert to USD
Buy my Bitcoin at Coinbase using those USD
Wait a week for the Bitcoin to arrive at Coinbase
Send my new Bitcoin back to my Ledger

Is there another better way?

It seems like doing this method will incur a lot of transaction fees and wait time..
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