Convert Ethereum (ETH) to Bitcoin (BTC) at best rates

Speaking of the reasons for exchanging one currency to another like BTC to ETH — it might be because one currency has more trading possibilities, has any significant features, or maybe, generally speaking, people can exchange currency to expand their wallet portfolio. Taking ETH and BTC as an example — they’re both decentralized and the leading cryptocurrencies. They both use blockchain technology, they’re traded using cryptocurrency exchange services and stored in different kinds of cryptocurrency wallets.

Buy Bitcoin (BTC) with Ethereum (ETH)

The growth of bitcoin in popularity gave the start for other cryptocurrencies — some were competing with it, yet some were exploring other mechanisms of encryption. They found different ways to apply something more than just transferring money using that technology. But the latter has the potential to compete with bitcoin over time, and this explains the interest in the Bitcoin to Ethereum exchange rate in crypto markets. Ethereum is both a currency and a blockchain, used for smart contracts and decentralized applications and their management. It has its programming language, therefore helping developers to create distributed applications. It also should be noted that cryptocurrencies can be exchanged one to another. Therefore, Ethereum to Bitcoin converter is actively used among crypto traders.

Ethereum (ETH) to Bitcoin (BTC) price details

Ether value, just like Bitcoin value, is volatile. If you have an ETH to BTC calculator handy, you can bother less about the rapid price changes, which influences not only the value itself but also exchange rates on different platforms. The latter topic and the topic of choosing the best crypto exchange is tackled in our How-to. However, some points highlighted here provide vital insights on price changes:

  • Media influence
    The media can make anything go viral — both in a good way and a bad one. Sometimes the right spotlight on a new or upstart crypto can make it possible for the value to skyrocket, because of all the people buying it and investing in it. However, the opposite has the same probability. If there’s some drama or a scam or anything else negative in which the currency is involved, people will desperately try to sell the currency out before its price drops.
  • Liquidity
    In terms of crypto, it means the degree to which something can be sold or bought in the shortest time and without affecting the stability of the price. In other words, it means how quickly something can be converted into cash, but from the perspective of cryptocurrency that mostly means how one currency can be converted into another. The higher the liquidity, the quicker the transactions, the stability of the market is higher, and the prices are established fairly. The liquidity itself can become greater if, for example, there’s a higher number of crypto exchanges or it’s traded in higher volumes.
  • Others
    It’s also important to mention that different platforms do have different prices regarding exchange pairs. Mainly it’s because every platform has its volume of currency traded. Not every platform might have Bitcoin as their number one traded currency, for example. Therefore, the price depends on the demand and supply of the users of the exchange platform. But it’s mostly relevant to the market with the greater exchange volumes on a platform.
Best bitcoin exchange rates

Ethereum (ETH) to Bitcoin (BTC) anonymously

An ETH to BTC exchange raises some observations— could there be anonymity and fees on exchanges? Will my data become public information? One thing that should be noted about Ethereum to Bitcoin exchange is that anonymity can be compromised in the process. Of course, it’s less possible to de-anonymize transactions and the person who made them on an exchange platform. Yet, there are some internal rules and safety measures that the platform takes to avoid fraud or any other abuse of the system. All the transactions can be viewed on the blockchain, so there’s a remote possibility that someone would exchange stolen currency or anything like that. Certainly, people don’t like having their data exposed to a million others. Just as much as they don’t like getting into really long and tedious situations with authorities, so a lot of people would get into anonymous or semi-anonymous exchange platforms. Even though every platform is willing to exchange and most likely does it according to its own rules (duh), they’re still considered to be — and registered in a country as — organizations and they do follow the law of the relevant country. The law might imply a need to take a closer look at any suspicious transaction, so it’s essential to choose an exchange platform considering this aspect.

In other words, people who trade Bitcoin have a short-term interest in it and are able to make money via selling the currency, while those who invest in it see the long-term potential of it, including growing rates that affect the value itself.

Ethereum (ETH) to Bitcoin (BTC) without hidden fees

When you exchange Ethereum to Bitcoin, you could have several motivations for doing so. While some platforms might tease newcomers with zero fees, yet if it’s too good to be true, then it’s highly possible that it’s not true. There are several ways to get the math right and to understand whether you will lose money investing with a certain platform and the hidden fees that might exist:

  • Wallet fees
    This point is a bit complicated because there’s no necessity in using a specific wallet for transactions and storing crypto. And this is as there are options to use, and there are several wallets with way more user-friendly interfaces. But updating and developing these wallets isn’t free, so there might be a fee for each transaction. However, some open-sourced wallets don’t have such a fee.
  • Network fees
    Every platform has fees that keep it up and running and also, because of the decentralization of the cryptocurrency, a person needs to pay network fees for using the blockchain. That fee is paid to the miners and called transaction fees. It’s possible, however, to choose to pay the lowest possible fee, yet it might be even worse than paying more. So, when you use that ETH to BTC converter, you should know that there are fees involved, and in seasons of high activity, you could pay more to have faster transactions and low-fee paying customers might have longer waiting times.
  • Fees hidden in rates
    Some exchange platforms do have one trick that might confuse those who aren’t acquainted with the crypto well enough. Most of the exchange platforms charge for an exchange because they’re acting as a middleware that has some available currency. They might propose that they have no fees whatsoever, yet here’s a trick — they might not have them, but they sell at a higher rate. Also, platforms can cash out on the need for an instant trade — for example, the transaction fee for an instant one might be up to 28 times more than the exact fee for a usual trade. You will do well to look up your ETH to BTC chart to see price movements and know what to expect.
Bitcoin to altcoin exchange

A better place to convert Ethereum (ETH) to Bitcoin (BTC)

So, in learning how to convert Ethereum to Bitcoin, getting the best deal on fees is important to optimize your profitability. Not every platform honestly and instantly tells its users about the fees involved in each transaction, but Swapzone allows users to see the Ethereum to Bitcoin exchange rate and avoid hidden fees. Swapzone also helps to decide to choose the best cryptocurrency exchange platform by acquiring offers from a range of partners and letting users choose the best exchange rates for them.

How to exchange Ethereum to Bitcoin?

There is no doubt that Ethereum compared to Bitcoin creates room for possible trades and this explains why Swapzone brings you the convenience of a swapping service along with the best rate option and safety of the exchange process. There is no need to use any supporting documentation, nor registration in the system.

To exchange Altcoins to Bitcoins with us is as simple as that:

  1. Go to Swapzone.
  2. Select the currency you want to exchange in the Deposit list.
  3. Select the currency you would like to have in the Receive list.
  4. Click the Exchange button to proceed.
    In the Exchange field enter the amount you want to exchange. You will then see the estimated value you are going to receive after the exchange. Please, note that the amount you see can be changed due to current rate fluctuation.
  5. Enter the recipient’s address.
    Make sure you have entered the information correctly. The exchanged currency you need will be sent to this address.
  6. After that, you will see the deposit address in the Top up field.
    You need to send the necessary amount of currency you want to exchange to this address.
  7. Allow the transaction some time to proceed and the coins you need will be transferred to you!