Best Platforms for BTC to ETH Exchange
In the crypto markets, most investors consider Bitcoin as the ultimate leader and frontrunner of the industry. However, due to its longevity, BTC has lost some of its appeal regarding volatility.
In every bullish cycle, Bitcoin’s growth has become more consistent albeit less substantial when it comes to price percentage increases. In this regard, altcoins provide much higher upside potential, with higher risks involved.
That being said, not everyone is willing to increase their portfolio risks that significantly. As a result, many prefer to choose Ethereum as a blue-chip asset, with limited risk but higher upside potential than BTC.
In this article, we explore three major platforms that will help you carry out a BTC to ETH swap reliably and securely.
Godex
Godex is a privacy-focused cryptocurrency exchange that provides an extensive variety of cryptocurrencies that you can swap. This exchange doesn’t have upper limits on the amount of crypto you can trade. As a result, it’s a great way to exchange larger amounts of BTC to ETH, without having a verified account.
No Registration
One major appeal of Godex is that it doesn’t require any form of registration to use its services. This means that as long as you have a Bitcoin wallet, you will be able to exchange it for Ethereum. It provides a frictionless process where users are able to swap assets within minutes.
Moreover, this also allows users to keep their data private and avoid the extensive KYC processes present on other platforms. As such, Godex will not limit its services to certain countries or regions.
Fast Transactions
Since you don’t have to register, you will skip one of the most time-consuming processes when it comes to swapping crypto. Additionally, Godex provides above-average transaction times. Swaps take only a few minutes to complete and allow you to make the best out of the volatile crypto market.
Finally, because it uses your non-custodial address to send you your assets, you don’t have to go through an additional withdrawal phase. Once your swaps are completed, the exchange sends your assets directly to your wallet.
Wide Range of Cryptocurrencies
With more than 300 cryptocurrencies to choose from, Godex allows a seamless journey in the blockchain space. What’s more, every asset listed on the exchange can be swapped for one another, increasing its usability exponentially.
As a result, the exchange is a great way to bridge assets from one blockchain to another, without having to pass through a stablecoin.
Binance
As the most popular exchange in the world, Binance provides a lot of benefits for its users. However, do note that you will need to register to use their services.
User-Friendly Interface
After six years of operation, the Binance team has polished the interface to a dot. This includes a streamlined interface, advanced order types, and futures markets.
Security Measures
Considering the significant volumes of crypto that go through Binance, the platform provides advanced security measures to its users. Two-factor authentication and multiple ways to confirm withdrawals ensure that even a hacked account can’t be easily drained.
Multiple Trading Pairs
Binance remains one of the leading exchanges when it comes to the number of listed cryptos. With more than 350 assets and four times as many markets, the exchange provides users with the needed variety.
Simple Swap
Simpleswap is an anonymous crypto exchange that focuses on ease of use.
No Hidden Fees
The exchange lets you choose between a fixed or floating rate before your swap. Once you select your assets and amounts, it will add your fees and subtract them from the result. What you see is what you get.
Secure Transactions
Like Godex, SimpleSwap doesn’t use hot wallets and doesn’t store your crypto. Consequently, the transactions are carried out directly on the blockchain, ensuring the highest possible security.
Anonymity
Finally, it’s worth noting that SimpleSwap doesn’t require you to sign in to start swapping crypto assets. This allows you to conserve your anonymity in the space, adding another layer of security to your holdings.
BTC to ETH: Find a Proper Platform
When trying to swap BTC to ETH, there are many different factors to consider. However, safety and anonymity should be your main criteria when choosing a crypto exchange platform.
