How to Instant Swap Ethereum to Tether at BitHash with Minumum Fees
Instant Ethereum Exchange
DeFi is awesome. Decentralized cryptocurrency exchanges (DEX) allow users to execute peer-to-peer transactions without the need for a third party or an intermediary. The are lots of advantages of decentralized cryptocurrency exchanges comared to centralized exchanges. But today’s average Ethereum network gas fees for Uniswap swaps are around $100 and can go as high as $300–400 based on the network gas fees, making it useless for small amount transactions. BitHash offers a simple and secure Instant Swap solution for all major cryptocurrencies, allowing to perform microtransactions with a minumum fee.
For example, you wish to exchange 0.01 ETH to USDT:
At Uniswap you will get a rate of 1 ETH = 2505 USDT, but the total amount you will pay to swap 0.01 ETH is actually 0.02477877 ETH ($62) with a gas fee of $37.02
At BitHash, you get a little lower rate of 1 ETH = 2479 USDT:
But the total amount to be paid for this swap will be 0.01208288 ($30), as you perform a direct token transfer instead of smart contract call:
How to Instant Swap Ethereum to Tether
Here is a step-by-step on how to convert Ethereum to Tether and vice versa instantly and without registration at BitHash Exchange.
1. Open BitHash Exchange Website
Visit www.bithash.net using your favourite browser.
2. Select ETH and USDT currencies
Choose a currency you wish to pay and currency you wish to get.
3. Enter Amount You Wish To Exchange
You can enter amount you wish to send or you wish to receive. Converted amount will be calculated automatically.
4. Enter Your Receiving Address and E-mail
Next, you will be asked to enter your address — the one you wish to receive coins to. Also, you shall enter your E-mal address for notifications on the exchange process.
5. Send Coins And Wait For Confirmations
Send your coins to the payment address you see on the next step. You can copy/paste address directly or use the QR-code for the payment.
6. Receive Your Exchanged Coins
As soon as the payment is confirmed your exchanged coins will be transfered to the address you entered earlier.
You can swap your Ethereum to Tether using this link:
https://www.bithash.net/en/swap/eth/usdt
And exchange Tether to Ethereum using this link:
About BitHash
BitHash Cryptocurrency Exchange was established in 2016 in Singapore with more than 100 pairs available for trading cryptocurrency — Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Dash (DASH), EOS (EOS), Monero (XMR), Ripple (XRP), Zcash (ZEC).
BitHash is operated by PHOENIX TRADING SOLUTIONS LTD, a licensed company incorporated under the International Business Companies Act of 2016 of the Republic of Seychelles with company number 214028.
Global Gateway 8, Rue de la Perle, Providence, Mahé, Seychelles
PHOENIX TRADING SOLUTIONS LTD
IBC NO 214028
