Topic: Converting my ETH to BTC (Read 471 times)
Direct trading is a very convenient method. No matter how you convert, you have to pay for fuel. This is something you can't avoid, but direct sales can increase your conversion speed!
Everyone just helped you sell in pairs ETH / BTC but I think they should not sell Ethereum at the moment they are too cheap.
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..
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..
Why not just exchanging eth to btc on coinbase pro?
1. send eth from ledger to coinbasepro (https://pro.coinbase.com) gas less than 0.50$ even for large amounts
2. convert eth to btc directly on coinbase pro. zero transaction fee if not sold as market
3. send btc to ledger. zero fee.
Total done with less than ~1 and probably less than 1 hour
wow! the procedures you described looks so complex, I wonder if that is how coinbase operates, but there are of course a thousand and one better ways to do the conversion. Register with an exchange that has BTC/ETH pairs, with this, you can directly sell your ethereum for bitcoin, one of such exchanges is www.mercatox.com
I use the blockchain info wallet. There I change the eth to bitcoin and back
Send to Exchange like Binance ,Buy any type of coin Sell them in BTC market.I think it is the fastest & profitable way to convert.
My personal view is to use shapeshipt as they are much more reliable and easy to transect also it takes too less time to receive the amounts.
Is there any built-in the way of converting ETH to BTC in Coinbase. This preferably could be done without GDAX. I have some funds I would like to be in BTC and I don't want to sell me ETH to USD and then buy BTC. But I think with your Ethereum wallet you cannot buy but you can convert ETH to BTC in an exchange where ever ETH is traded in BTC. Sending ETH into Coinbase and transferring to tax for their free BTC withdrawals is a hack to get what you are trying to do. It's free to convert from Coinbase to GDAX.
Aside from using shapeshift.io Coinbase has an exchange platform directly connected to them named GDAX where you can exchange your ETH to BTC directly if I am not mistaken. With here you can save you both time and money as you won't be exchanging it to USD anymore. But like what others have said shapeshift.io is one of the best exchanges without KYC out there and the usage of their platform is pretty straightforward.
Well, there are some websites where you can directly convert your ETH into the BTC without even opening the account. You can definitely try Coinswitch or Changelly to exchange your cryptocurrencies. The manual method will generally take comparatively higher time and lower cost, on the other hand, The automatic method would take comparatively higher cost but less time.
Trying Exchange, deposit ETH and trade ETH/BTC. So easy
You can use Shapeshift.
you can send your ETH to poloniex , and wait a little when the market is favourable and ETH has increase with little profit then place a sell order . your ETH will be converted to BTC when the sell order is liquidated
This is a long process which will take your time and transaction fee.
Simply send your ETH to an exchange like Poloniex or Binance and sell directly for BTC.
That's all .
You can as well trade the BTC with other actions.
Simply send your ETH to an exchange like Poloniex or Binance and sell directly for BTC.
That's all .
You can as well trade the BTC with other actions.
Why don't you just send all your eth to the exchange and sell them for btc directly, it is less time consuming and you can save some transaction fee.
There is a really easy way, just create an account in binance or any exchanger that you like. Transfer all your Eth to the adress of Eth in the exchanger, then put a sell order in the btc market. Then you will have your btc in the exchanger, so transfer them to your ledger and thats all. Good luck.
What's the update now?
Can you make a screenshot on the withdrawal page about the BTC0.02 minimum you are talking or something that it will show a prompt like that?
Not hearing cases that someone in Binance with around BTC0.018 can't do withdrawal because of minimum*. We need more information so that we can pinpoint what's the problem.
Converting cryptocurrencies directly on the trading platform is more cost effective and you will save a lot of complicated processes! Binance looks great, you can check it out!
The fastest way is to send ETH to Binance and convert them to BTC. If you are storing them on a ledger, I don't expect that you cannot reach the minimum withdrawl limit.
I do not have anymore ETH to send to Binance. All I have now is some BTC in my Ledger. Can some of that BTC be sent to my Binance account to extract all my coin out of there as BTC? Or does it have to be ETH?
I am very confused about pairings.
You can do the reverse action too: send BTC from ledger to binance and convert them to ETH.
Something is off. Binance's minimum withdrawal is 0.002BTC ($17) and not 0.02BTC (which is worth $165, and not $90).
OP, what are you missing? Again, please take a screenshot of your balance and post it here.
OP, what are you missing? Again, please take a screenshot of your balance and post it here.
The fastest way is to send ETH to Binance and convert them to BTC. If you are storing them on a ledger, I don't expect that you cannot reach the minimum withdrawl limit.
I do not have anymore ETH to send to Binance. All I have now is some BTC in my Ledger. Can some of that BTC be sent to my Binance account to extract all my coin out of there as BTC? Or does it have to be ETH?
I am very confused about pairings.
The fastest way is to send ETH to Binance and convert them to BTC. If you are storing them on a ledger, I don't expect that you cannot reach the minimum withdrawl limit.
Anyways--- let's not get my topic too far off track here.
How am I going to rescue my coin sitting at Binance?
I have some BTC in my Ledger wallet, should I send some of that to my Binance account? (enough to reach over the 0.02 mark)
Correction: it's not a 0.02BTC limit, it is a 0.02 minimum, which is plus or minus about $90 right now.
How am I going to rescue my coin sitting at Binance?
I have some BTC in my Ledger wallet, should I send some of that to my Binance account? (enough to reach over the 0.02 mark)
Correction: it's not a 0.02BTC limit, it is a 0.02 minimum, which is plus or minus about $90 right now.
That is the only way.
You need to reach the minimum amount to withdrawl.
I recommend you use some site like estimatefee.com to the minimum possible in fees, as the value is too low..
Anyways--- let's not get my topic too far off track here.
How am I going to rescue my coin sitting at Binance?
I have some BTC in my Ledger wallet, should I send some of that to my Binance account? (enough to reach over the 0.02 mark)
Correction: it's not a 0.02BTC limit, it is a 0.02 minimum, which is plus or minus about $90 right now.
I'm not liking how Binance traps coin in there so once I get my coin out of Binance, I am basically done with using that exchange.
I can see why Binance would trap coin in there if it was say $1 or less but 0.02 BIC is currently valued at around $90.
I can't recommend an exchange that traps money in there and sets minimums they way they do, it seems shy-sty.
How am I going to rescue my coin sitting at Binance?
I have some BTC in my Ledger wallet, should I send some of that to my Binance account? (enough to reach over the 0.02 mark)
Correction: it's not a 0.02BTC limit, it is a 0.02 minimum, which is plus or minus about $90 right now.
I'm not liking how Binance traps coin in there so once I get my coin out of Binance, I am basically done with using that exchange.
I can see why Binance would trap coin in there if it was say $1 or less but 0.02 BIC is currently valued at around $90.
I can't recommend an exchange that traps money in there and sets minimums they way they do, it seems shy-sty.
Maybe shapeshift.io?
I do not think this option is available "at least in my country" Try visit shapeshift.io, you will be redirected to this site ----> http://pleaseprotectconsumers.org."ShapeShift problem" has been discussed in this topic ----> https://bitcointalksearch.org/topic/m.37580109
What the hell? Since when did that exist? I think I just opened shapeshift.io just days ago, and now I also get this redirection. Ohwell, since you don't need accounts on shapeshift, you could easily use a proxy from a countries like American/German/whatever country that Shapeshift is legal.
EDIT: Wait what? Tried shapeshift.io again literally after around 10-15 seconds, and now it's working.
Have You guys tried easyrabbit.net?
I use it almost every week and it's very good. Maybe you can access it your country.
Maybe shapeshift.io?
I do not think this option is available "at least in my country" Try visit shapeshift.io, you will be redirected to this site ----> http://pleaseprotectconsumers.org."ShapeShift problem" has been discussed in this topic ----> https://bitcointalksearch.org/topic/m.37580109
What the hell? Since when did that exist? I think I just opened shapeshift.io just days ago, and now I also get this redirection. Ohwell, since you don't need accounts on shapeshift, you could easily use a proxy from a countries like American/German/whatever country that Shapeshift is legal.
EDIT: Wait what? Tried shapeshift.io again literally after around 10-15 seconds, and now it's working.
Maybe shapeshift.io?
I do not think this option is available "at least in my country" Try visit shapeshift.io, you will be redirected to this site ----> http://pleaseprotectconsumers.org."ShapeShift problem" has been discussed in this topic ----> https://bitcointalksearch.org/topic/m.37580109
try: https://changelly.com
I tried to use it several times and did not have any problem.
also, you can use the Currency exchange section as mentioned above
You can try to earn some BTC doing some bounty or signature campaign to complete this 0.02 BTC....
for such small amounts shapeshift and easyrabbit are better I think...
He said limit and not minimum.for such small amounts shapeshift and easyrabbit are better I think...
Alright so I sent my ETH to Binance and traded it for BTC.
Now it won't allow me to send it out of Binance because the limit is 0.02 BTC and I have like 0.018 BTC
So, now my coin is trapped at Binance??
Why does some major glitch happen every single time I try doing something with crypto??
Stress
This doesn't seem right. Can you take a print of that info/notification/whatever that indicates the 0.02 BTC limit?Now it won't allow me to send it out of Binance because the limit is 0.02 BTC and I have like 0.018 BTC
So, now my coin is trapped at Binance??
Why does some major glitch happen every single time I try doing something with crypto??
Stress
If you are talking about withdrawal limits, then that's impossible. Binance's default limit for non-verified users is 2 BTC/day.
So, now my coin is trapped at Binance??
Why does some major glitch happen every single time I try doing something with crypto??
Stress
Remeber what I said?
Make simulations, consider withdrawl cost on binance......
You can make some simulations using coinbase, changelly, shapeshift and easyrabbit.net
Consider withdrawal Costa on binnace and coinbase on your simulation.
Consider withdrawal Costa on binnace and coinbase on your simulation.
Sadly, your coins are trapped.
You can try to earn some BTC doing some bounty or signature campaign to complete this 0.02 BTC....
for such small amounts shapeshift and easyrabbit are better I think...
Alright so I sent my ETH to Binance and traded it for BTC.
Now it won't allow me to send it out of Binance because the limit is 0.02 BTC and I have like 0.018 BTC
So, now my coin is trapped at Binance??
Why does some major glitch happen every single time I try doing something with crypto??
Stress
Now it won't allow me to send it out of Binance because the limit is 0.02 BTC and I have like 0.018 BTC
So, now my coin is trapped at Binance??
Why does some major glitch happen every single time I try doing something with crypto??
Stress
Hi all, it's good to hear of these options.
Since I already have a Binance account, I will use that. However. I do not understand pairs yet.
Just to remind everyone, I do not want ETH anymore so I am converting that to BTC.
So, I just send my ETH from my Ledger to Binance
Then what exact pair do I buy? ETH/BTC or BTC/ETH?
Then once I obtain that, will it go into my Ledger Bitcoin wallet okay?
I'm confused about pairs and do not want to make any mistakes.
It's a few hundred dollars worth of ETH at stake.
Since I already have a Binance account, I will use that. However. I do not understand pairs yet.
Just to remind everyone, I do not want ETH anymore so I am converting that to BTC.
So, I just send my ETH from my Ledger to Binance
Then what exact pair do I buy? ETH/BTC or BTC/ETH?
Then once I obtain that, will it go into my Ledger Bitcoin wallet okay?
I'm confused about pairs and do not want to make any mistakes.
It's a few hundred dollars worth of ETH at stake.
Don't worry. Its very intuitive and you can click "Buy BTC" after clicking any BTC/EHT or ETH/BTC
You could employ services like the shiftshape to achieve same results easily
Hi all, it's good to hear of these options.
Since I already have a Binance account, I will use that. However. I do not understand pairs yet.
Just to remind everyone, I do not want ETH anymore so I am converting that to BTC.
So, I just send my ETH from my Ledger to Binance
Then what exact pair do I buy? ETH/BTC or BTC/ETH?
Then once I obtain that, will it go into my Ledger Bitcoin wallet okay?
I'm confused about pairs and do not want to make any mistakes.
It's a few hundred dollars worth of ETH at stake.
Since I already have a Binance account, I will use that. However. I do not understand pairs yet.
Just to remind everyone, I do not want ETH anymore so I am converting that to BTC.
So, I just send my ETH from my Ledger to Binance
Then what exact pair do I buy? ETH/BTC or BTC/ETH?
Then once I obtain that, will it go into my Ledger Bitcoin wallet okay?
I'm confused about pairs and do not want to make any mistakes.
It's a few hundred dollars worth of ETH at stake.
My advice, you could have a verified account at Bitstamp.net for the future. Here is parity btc/eth, bct/fiat currency, btc/xrp and btc/ltc. Through this exchange you have a change of Ethereum to Bitcoin and you have this transaction and the process is solved very quickly. That is my opinion for your future exchange process. This exchange has low fees and is certified by many satisfied customers.
Send your Ether to a reputable exchange where you can sell for Bitcoin/Ether pair and just trade your Ether for Bitcoins and withdraw bitcoins. I think this will be a simple method than the complex one you talked about.
Is there another better way?
This will be the cheapest way for me:
Create a topic on Currency exchange section.
Topic title: [W] BTC [H] ETH
Body: I would put my terms...
Side Note: I would use an escrow too. This is for the safety for both me and the person who will do the exchange with me.
PS: The transaction fees will be less lower than the exchanges also you would not need to go through any kind of KYC and stuffs.
You can make some simulations using coinbase, changelly, shapeshift and easyrabbit.net
Consider withdrawal Costa on binnace and coinbase on your simulation.
Do not convert to usd , do btc/eth. It will be cheaper
Consider withdrawal Costa on binnace and coinbase on your simulation.
Do not convert to usd , do btc/eth. It will be cheaper
You can make it easier. Why unnecessary exchange for dollars? It is possible to exchange bitcoins into the ether. Thanks for the information about ShapeShift. I liked this exchanger.
You can also just use an exchange like Binance to quickly trade your BTC to ETH (or vice versa). It doesn't require any verification, so it should be pretty easy and quick.
Maybe shapeshift.io?
I don't know how much you are trying to transfer, but you can convert decent amounts there without any KYC verification...
It's without a doubt faster than coinbase, and i think they also have better rates, although i'm not entirely sure about that..
I don't know how much you are trying to transfer, but you can convert decent amounts there without any KYC verification...
It's without a doubt faster than coinbase, and i think they also have better rates, although i'm not entirely sure about that..
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..
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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