How To Exchange Cryptocurrency On StealthEX
StealthEX is a convenient and user-friendly cryptocurrency exchange. Today we will show you how to buy Ethereum for another cryptocurrency using the StealthEX exchange platform.
You can exchange more than 300 coins for ETH and vice versa on StealthEX. You can be assured that your swap will be easy, secure and anonymous. There is no need to register an account and share any of your personal details.
Let’s imagine you want to exchange Bitcoin to Ethereum. To make an exchange, you need to take a few simple steps:
First, you should choose Bitcoin in the left drop-down list. Then choose Ethereum in the right list of coins.
After setting the pair it is necessary to enter the amount of Bitcoin you want to exchange. There is a minimum amount of Bitcoin that can be exchanged for Ethereum. It will not be possible to exchange an amount that is less than the minimum one.
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Here you will see the estimated amount of Ethereum that you will receive after the exchange.
Now when everything is set for the exchange, press the START EXCHANGE button and you will be taken to the next page.
As the second step, you need to provide the Ethereum recipient address. The recipient address must match the cryptocurrency you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be cancelled. StealthEX will also warn you with recommendations for example not to provide a smart contract as your Ethereum payout address
As soon as you have carefully checked all the details, you can press the NEXT button and you will be redirected to the CONFIRMATION page with the information about the exchange.
Here you can revise the address provided and the amount of Ethereum you will receive. Don’t forget to read and check the Terms of Use and Privacy Policy box. Without checking the box you will not be able to continue the exchange.
Pressing the NEXT button you will be redirected to the EXCHANGE page.
And this is where the magic happens!
At first, you will see the address where you need to send your Bitcoin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.
After sending Bitcoin to the shown address, the information on the EXCHANGE page will be renewed automatically. The EXCHANGE page has several statuses that will change during the time of the exchange.
The first status is Awaiting deposit.
The following status is Confirming. This means that StealthEX is confirming the transaction you made.
The next status is Exchanging. During this time the exchange is being made.
Then the status will be changed to Sending to your wallet. This indicates that there are just a few minutes left until you will receive your Ethereum.
Finally, you will be redirected to the FINISH page. This shows that the exchange has been successfully made and you will receive Ethereum to the address provided. To be sure that Ethereum was sent to your wallet you can also use the Output hash shown on this page and check it in the Ethereum blockchain list of transactions.
From here you can either create a new exchange or leave the page and check your Ethereum wallet to be surprised at how fast you got Ethereum. Usually, the process is quite rapid so you won’t need to wait long.
If you have remaining questions about the StealthEX exchange service you can go to our FAQ section and find all the necessary information there.
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You are more than welcome to visit our exchange and see how fast and convenient it is!
Originally published at https://stealthex.io on October 27, 2020.
