It looks like you have realized Bitcoin’s scarcity benefit and that’s why you might be wanting to exchange your Dash coins into Bitcoin (BTC).
I assume probably all of it or atleast some of it, you want to exchange.
But whatever may be the case, exchange your cryptocurrencies with caution because cryptocurrency transactions are irreversible. If done incorrectly it can result in permanent loss of your funds.
Having said that in this guide we are going to tell you, step by step how you can convert your Dash cryptocurrency into BTC safely and securely.
So without further beating around the bush let’s look at the process of exchanging Dash to Bitcoin using Changelly cryptocurrency exchange service.
Note: Don’t worry !! Changelly is reliable service started in 2015 and I have been using it since 2017 without much friction.
How & Where To Exchange DASH To Bitcoin (BTC)?
Step #1. Firstly, sign-up for Changelly using this link. Use your email ID for it. Good news is, you need not do a comprehensive KYC or ID verification on Changelly.
Step #2. Confirm about your sign-up in your email, if you receive any mail from Changelly. (skip otherwise)
Step #3. You will see this screen once you have logged in. Now select DASH & BTC pairs, as shown in the below image. Don’t forget to mention the exact amount of DASH you want to exchange. Selecting this will automatically show you the amount of BTC you will be getting.
Note: In this example, I am exchanging 10 DASH for BTC and the current rate will be fetched automatically by Changelly.
Step #4. Now click on ‘Exchange Now’ option to see this screen. You may change the amount of DASH you wish to exchange for BTC here too. Also, you will be shown see the exchange fee, the network fee, and the estimated time of exchange on the right side for your reference.
Step #5. This step is very crucial. Click on the ‘Next Step’ button as shown in the above-shown image, and you will see this screen, which will ask you to ‘Enter your BTC wallet address.’ Enter your BTC address, as shown below.
Note: Don’t have a BTC address !! Do not worry we have got you covered here. Choose a BTC wallet from here, and you will get your BTC address. Also, this is the BTC address on which you will get your bitcoins in exchange for DASH.
Step #6. Now click on ‘Next Step’ to see this screen where you will be shown the details of your conversion for verification before proceeding for the actual exchange.
Step #7. Once you have checked all the details, click on ‘Confirm and make payment.’ After which you will be shown this screen asking you to first send the ‘DASH’ on the below-shown DASH address or QR code.
Note: You have to send funds with 36 hours otherwise the transaction will be canceled automatically, but I suggest you send it ASAP before the exchange rate of DASH/BTC pair keeps changing.
Step #8. As soon as you send DASH to this address, you will see this screen ‘Wait for exchange or Swap.’ It shows that your DASH coins are being deposited and the blockchain is waiting to confirm. Usually, it takes 10-15 confirmations for depositing DASH.
The swapping process itself happens almost instantaneously but the rest of the time is taken by the network. Typically, the swap comprises of these three stages:
- Getting confirmation
- Exchanging DASH to BTC
- Sending Bitcoin to your wallet
Step #9. Now, wait for some time. When the transaction is complete you will be able to see below-shown details and would have received your bitcoins in your BTC wallet.
You will also get the option to verify your transaction on the blockchain by clicking on “See transaction on Blockchain” button as shown in the below screen.
Congratulations, Tada….!!! You have done it
Convert DASH coin to BTC
So this is how you can easily and safely exchange DASH to Bitcoin using Changelly service. Though I have told your steps to change DASH to Bitcoin, the process remains exactly the same for changing ETH to BTC or LTC to BTC or BTC to DASH.
On the other hand, Changelly is a much cheaper and easier to use service for many newbies you are trying to do these kinds of exchanges.
Lastly, don’t store your bitcoins in a software wallet or on an exchange. Instead, always use reliable Bitcoin hardware wallets to store them safely for the long term.
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Hey there! I am Sudhir Khatwani, an IT bank professional turned into a cryptocurrency and blockchain proponent from Pune, India. Cryptocurrencies and blockchain will change human life in inconceivable ways and I am here to empower people to understand this new ecosystem so that they can use it for their benefit. You will find me reading about cryptonomics and eating if I am not doing anything else.