How to convert Bitcoin into Ethereum and other Altcoins?

Its sad that still we can not buy ethereum against Fiat that freely like we can buy Bitcoin now. But we can buy Bitcoins freely and convert those bitcoin to ethereum or some other altcoins. One good thing is we can convert any cryptocurrency (Coin) into any other coin viz

  • Bitcoin <=> Ethereum
  • Ethereum <=> Neo (Altcoin)
  • Bitcoin <=> Neo
  • Bitcoin cash <=> Bitcoin    ………………………and many more

Accounts with following is needed for such conversion :

  1. Changelly
  2. Any Bitcoin exchange : Coinbase

Steps for Conversion

  1. Go to Changelly: Enter the Bitcoin amount you want to convert. Keep it restricted to 3 digits after the decimal
  2. Copy your Ethereum wallet address (Coinbase Eth wallet address)
  3. Hit Enter
  4. Changelly will then ask you to transfer the EXACT amount of BTC to their wallet
  5. Copy their wallet address and send them BTC. Wait for some time for the process to get completed

After some time, it will show you the ETH amount in your Coinbase wallet. Procedure is same for other coins too. Follow from step 2 to convert Bitcoin into some other Altcoin.

Is there any other way to convert Bitcoins to Ethereum?

Yes, there are other ways to convert bitcoins to ethereum and other altcoins. Bittrex, Kraken and some other exchanges provide such service too. To know how to trade on these exchanges click here.

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