EXCHANGE BITCOIN CASH TO ETHEREUM
What do you need to know?
- The average time for exchanging BCH to ETH is 10-60 minutes
- You only need 2 confirmations of the Bitcoin Cash blockchain for the exchange
- If you can’t send funds to our Bitcoin Cash address, try adding “bitcoincash:” to the beginning of the address or use the Bitcoin Cash address converter.
- We do not support sending and receiving Ethereum using smart contracts.
Brief information about Bitcoin Cash
On August 1, 2017, the digital market saw a new cryptocurrency based on the BTC blockchain, which was named Bitcoin Cash. The split occurred on the block 478558 Bitcoin. It had a common part of the blockchain until the hard fork, and all subsequent blocks were already formed into a new chain. Bitcoin Cash is called the most successful fork of bitcoin.
How can I estimate the time of transaction confirmation?
It is important to keep in mind that to increase the number of confirmations, a new block must appear. Blocks of Bitcoin Cash, like Bitcoin, can go from 1 to 75 minutes. The average time for a Bitcoin Cash block to appear is 10 minutes. Therefore, Bitcoin Cash is not a fast currency.
If you are unable to send coins to our address
If your wallet does not accept our payment address, try adding “bitcoincash:” to the beginning of the address. This may be due to the fact that your wallet does not support an address without a prefix. Many wallets are strict about address formats.
You may be using a wallet that does not support the new BCH address format. In this case, you can use the address conversion service. To do this, insert the given address into the line and press the Convert button. The Legacy tab will display the old address format.
- The address you received from us:
- Legacy address (legacy address format):
Despite the dramatic difference in spelling, they refer to the same wallet.
Bitcoin Cash network fee
Today, the average fee for a Bitcoin Cash transaction is no more than a cent — $0.0046.
Ethereum — the most innovative blockchain
Ethereum is a new blockchain that, in addition to sending cryptocurrencies, allows you to run and run smart contracts. With their help, you can create a variety of decentralized applications, including their own currencies (tokens). In addition to contracts, a big advantage among other blockchains is considered to be a fairly high speed of transactions.
My order is completed, but I do not see the funds in my wallet, what should I do?
We send Ethereum with an average fee so that the receiving party does not have to wait long for receipt. But sometimes, with the increased load on the Ethereum network, a transaction can get stuck in a mempool for a long time and not get into the block. The status of such transaction is “Pending”. Explorer etherscan.io provides information about the expected processing time of the transaction, but be aware that this value is not accurate and may vary depending on the situation.
If the transaction sent by us can not be confirmed for a long time, please contact our support with a request to push the transaction.