What is the best way to change my BTC into ETH?
Rudolf For Bitcoin Ethereum conversion you can follow the given below steps
- STEP 1: Select the coins BTC in the left dropdown and ETH in the right downtown and click “View all Offers”. It will show all the offers from exchanges for BTC to ETH conversion.
- STEP 2: Select the recommended exchange or any other exchange you like.
- STEP 3: Enter your wallet address of ETH to receive the converted amount and click 'Next'. This will create your order and will show an address of the coin BTC.
- STEP 4: Transfer BTC from your wallet to the above-provided address. Your coins will be exchanged and you will receive ETH in your wallet. Simple!
Visit here to exchange BTC to ETH
Bitcoin (₿) is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.
It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
Bitcoin has been praised and criticized. Critics noted its use in illegal transactions, the large amount of electricity used by miners, price volatility, and thefts from exchanges. Some economists, including several Nobel laureates, have characterized it as a speculative bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.