1. Thomas
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  3. Sunday, 01 March 2020
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Send your Bitcoins to an exchange

 

You may choose from variety of exchanges to send your Bitcoins to.

This step is needed to exchange your Bitcoins to Ethereum, so that you will be able to send Ethereum to your private wallet and then to World Wi-Fi crowdsale. 

In this very guide we chose EXMO as a service to exchange Bitcoins to Ethereum allowing withdrawal up to 500 ETH with no ID verification. But all other Exchanges actually do the same thing - you transfer them Bitcoins and exchange to Ethereum. 

1. Go to https://exmo.me and sign up (check your email for activation link). 

In case you can’t access Exmo exchange - you can download Exodus.io wallet and send your Bitcoins to Exodus wallet and exchange them into Ethereum (but it may be longer and the rate might be higher). Exodus is a great wallet to store your crypto-assets. Just download and install it - and you can use it.  

Go to Wallet and select Bitcoin - then click Receive button and you will see your Exodus Bitcoin address. Send your Bitcoins to this address. After you received your Bitcoins - go to exchange tab and exchange Bitcoins to Ethereum. The exchange process may take up to 1 hour or more. After you received Ethereum - you can send it from your wallet: go to Wallet, and select Ethereum, then click Send button, insert address and amount and click send. 

2. On Exmo.me choose a Wallet section in the top menu. Then press «Deposit» for BTC.

3. Create a Bitcoin wallet.

4. The address of the wallet for transferring the bitcoins to recharge the balance appears. Copy it.

5. Go back to Localbitcoins.net select «Wallet», Send Bitcoins tab. Enter the Receiving bitcoin address and the Amount in bitcoins and click continue. Next screen will ask your account password to confirm the transaction. Enter the password and confirm.

6. Wait for the network to process your payment and your balance will be added to the stock exchange. Transfer of funds to the balance of Exmo.me pass through 6 network confirmations (6 confirmations). 

 

Check the progress of the transaction on the link that the bot offers you.

Exchange Bitcoins for Ethereum (ETH)

1. Go to Exmo.me in the «exchange» section and choose in the drop-down list what you give to BTC and get ETH.

2. Enter the amount in the bitcoins you want to change and click the «exchange». Now you have ETH on the balance sheet.

Create Ethereum wallet on myetherwallet.com

1. Go to https://myetherwallet.com. And follow the instructions to create your wallet ether.

2. Save your file and click the button that you understand. Continue.

3. On the next screen save your private key and click on the save your address button. 

4. On the next screen choose How do you want to access your wallet. Select the Keystore File (UTC / JSON) and click on the button on the right. Select the file that you saved in step 21 and enter the password for access.

5. After unlocking the address you will see below your wallet number.

Send Ethereum to your Myethereumwallet.com address 

Go to Exmo.me. In the Wallet section opposite ETH, select «withdraw» and in the next window enter the amount available in ETH and the address of your ETH wallet from myetherwallet.com and press «withdraw».

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  1. William
  2. 4 years ago
  3. #67
Always interesting
  1. Sonja
  2. 4 years ago
  3. #80
Insightful article.
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