Simpleswap
Simpleswap exchanges a BTC deposit for ETH
Simpleswap exchanges a BTC deposit for ETH by providing a Bitcoin deposit address for your order and sending the converted asset to your ETH recipient address. The amount in the receiving field depends on your BTC input, selected networks and rate mode. A floating quote estimates the ETH output; processing can change that amount. A fixed quote has funding and confirmation conditions. Comparing offers therefore starts with the same BTC deposit and matching network selections. The wallet fee for sending BTC is separate from the exchange quote. Before funding, confirm the receiving details and minimum amount. Afterward, distinguish the Bitcoin deposit transaction from the ETH payout that completes the exchange.
Key takeaway: The BTC amount that reaches the deposit address determines the exchange input; the wallet’s sending fee is a separate cost.
Read the BTC-to-ETH order before funding it
Before funding a BTC-to-ETH order, the destination must accept the selected ETH network and the sending wallet must meet the BTC deposit instructions. Confirm that service access is available for your location. Prepare the receiving address and review the order amount and rate conditions before committing BTC. Fixed-rate protection requires the deposit to arrive and receive at least one Bitcoin confirmation within the displayed rate-lock window. The address in the order determines where the resulting ETH should go. Additional transaction review or an incorrect deposit can interrupt the ordinary exchange path.
An unfunded order leaves the BTC in your wallet.
| BTC-to-ETH stage | Control or settlement condition |
|---|---|
| Prepare the quote and destination | The BTC input, ETH network and recipient details must match the intended exchange. |
| Send the BTC deposit | Funding uses the address assigned to that order; sending funds limits cancellation options. |
| Confirm the Bitcoin transfer | The deposit needs the required blockchain confirmations; order changes are unavailable during Confirming. |
| Exchange and send ETH | Conversion precedes dispatch to the recorded recipient; Sending describes the payout in progress. |
| Verify ETH receipt | Check the successful payout on the selected network; hosted account crediting has separate requirements. |
| Completion boundary | A confirmed BTC deposit alone does not establish receipt of ETH. |
Consider a hypothetical order whose deposit has not yet been sent. Matching receiving details allow the normal path: fund the assigned BTC address, wait for processing and confirm the ETH payout. If the destination does not accept the selected ETH network, correct the details or create a replacement order before funding. No deposited funds need recovering at that point. Discovering the same mismatch after sending BTC requires contacting support about the existing order. A fresh transfer cannot repair the original recipient details, and a refund depends on the order’s condition.
Support may request proof that you own the deposit before considering a correction. A confirmed transfer to an incorrect destination can be unrecoverable.
Keep the Bitcoin deposit and Ethereum payout separate
A BTC deposit on Bitcoin and a native ETH payout on Ethereum use separate blockchains, with a different destination for each transfer. Select those network entries when that is the conversion that your wallets support. Other network selections have their own compatibility requirements. An ETH ticker and a pasted address do not establish that the receiving wallet accepts the selected network. Copy the receiving address from the wallet’s matching network view, then compare it with the order details. Each transfer has its own blockchain record, so a Bitcoin explorer cannot establish that the Ethereum payout succeeded.
Which ETH quote should you compare for the same BTC deposit?
Compare estimated ETH amounts only after holding the BTC deposit amount, selected networks and rate mode constant across the offers. Refresh estimates close together because market movement can change the comparison. The receiving field describes ETH units, while the sending field describes the BTC amount being exchanged. Reversing those fields changes the task. An advertised rate for a different deposit size may not describe your order, since pricing also reflects network costs and available liquidity. With matching inputs, the larger ETH estimate identifies the more favorable quoted output at that moment.
Dividing quoted ETH by the BTC deposit expresses the offer in ETH per BTC. Use that relationship to interpret the quote, while retaining its amount and rate conditions. An estimate describes an offer before settlement; it does not establish an ETH balance in your wallet.
Separate the BTC deposit from the wallet debit
The exchange input is the BTC credited to the deposit address, while the wallet debit can also include a Bitcoin network fee. Budget enough BTC for both the required deposit and the sending cost that your wallet displays. A sending platform may deduct a withdrawal fee from the amount entered. Check the amount that the recipient will receive before approving that withdrawal. A fee deduction can leave the exchange underfunded even when the original withdrawal request matched the displayed deposit amount.
The minimum shown for the particular order matters when sizing a small transfer. Depositing below it can prevent processing and make a refund unavailable. In the Bitcoin transaction record, inspect the output paying the assigned deposit address. The transaction’s combined output value can include payments elsewhere, so it is not necessarily the swap deposit.
Read the rate mode alongside the ETH estimate
Floating and fixed quotes attach different conditions to the ETH receiving figure, so compare offers within the same mode whenever possible. A floating-rate exchange uses the market rate available when the swap is processed. Its final output can rise or fall during deposit confirmation and processing. A fixed quote protects the quoted rate when its funding and confirmation conditions are met. Read the order’s rate-lock window before transferring BTC. A late deposit can still use the original rate if it is unchanged; otherwise, the order may fail and a refund or exchange at a new rate may be offered. The service can refuse an order during market disruption, including when a fixed rate has been selected. Any offered recalculation or refund concerns that existing order.
Allow for Bitcoin confirmations before ETH delivery
Bitcoin confirmation time influences when the exchange can proceed, and congestion can extend the interval between depositing BTC and receiving ETH. A transaction hash identifies the deposit transaction; the hash alone does not establish blockchain inclusion. Check whether the Bitcoin transaction has entered a block and accumulated confirmations. The order can remain in Confirming while it waits for the processing requirement. Completion also requires conversion and an ETH payout, so the first Bitcoin confirmation is not a receipt for the exchanged asset.
The order status and blockchain record answer different timing questions. Neither provides a universal deadline for ETH arrival.
Read the ETH payout record as delivery evidence
A successful ETH payout must match the selected network and recipient. Inspect the payout’s success status, destination and transferred ETH amount. A transaction hash can exist before the network completes a transfer. For a straightforward native ETH payment, the transferred value describes what the recipient receives; the sender’s gas cost is separate. Do not subtract the payout transaction fee again from the recorded recipient value.
A hosted receiving platform may wait for additional confirmations or apply its own deposit minimum before crediting an account. Its internal balance therefore adds another check beyond successful blockchain delivery. The order’s Finished status describes completion of the exchange, while the receiving service controls account crediting.
Investigate a deposit that the order cannot match
An order still awaiting BTC after a transfer needs the deposit details checked before any further funding, especially the destination and credited amount. Match the Bitcoin transaction against the address assigned to that specific order. Confirm that it carries the required asset on the selected deposit network. An Exchange ID identifies the service order; a Bitcoin TXID identifies its deposit transaction. Give support both identifiers when requesting help with a mismatch or stalled deposit. Do not send another deposit to test the same address. Each deposit address belongs to a particular exchange, and an additional payment can create a separate recovery problem.
Account for transaction verification before committing BTC
A funded BTC-to-ETH order can pause for identity or source-of-funds checks when transaction monitoring requires additional review. Starting without registration does not remove that possibility. A Bitcoin confirmation establishes payment on Bitcoin, while verification concerns whether the service can process the exchange. Required documents and the review outcome depend on the transaction. Use the support channels provided through the service to discuss the order. An unsolicited message offering to release the ETH is not evidence that its sender can resolve the verification request.
Keep the quote and settlement records together
Preserving the original estimate alongside the actual BTC deposit and ETH receipt makes later discrepancies easier to explain without reconstructing the order from memory. Retain the Exchange ID, selected networks, rate mode and transaction hashes. Record the sending fee separately from the BTC amount exchanged. The ETH payout amount already reflects the exchange’s receiving-side cost calculation; its blockchain sender fee is not another deduction from the delivered value. Forwarding or using the ETH afterward creates a separate transaction with its own cost. Quote records describe this exchange and cannot establish the output of a later order.
Refresh the available pair, limits and funding instructions for any later conversion.
Things people ask about Simpleswap
Does my ETH receiving wallet need a balance before the payout arrives?
An ordinary Ethereum receiving address can accept native ETH without an existing ETH balance. The sender pays for the incoming transaction. Spending that ETH later requires a transaction fee, while a hosted account may impose its own deposit rules.
Can an exchange account receive the ETH payout?
A deposit address for your own exchange account is suitable only when that platform accepts the selected ETH asset and network. Its minimum deposit and confirmation rules also determine account crediting. Follow its deposit instructions; a successful transfer to the address does not by itself confirm that the platform has credited your balance.
Why does my BTC deposit transaction include a change address?
A Bitcoin wallet can return excess value from its selected inputs to a change address that it controls. That output is separate from the payment to the swap deposit address. Use the output matching the order’s deposit address when checking how much BTC funded the exchange.
Will paying a higher Bitcoin fee increase the quoted ETH amount?
Paying a higher Bitcoin network fee does not purchase an increased ETH quote. A competitive fee can help the deposit compete for inclusion in a block, although confirmation time varies. The sending fee and BTC-to-ETH estimate describe separate costs and amounts.
Must I approve an Ethereum token contract to receive the payout?
Receiving native ETH at an ordinary Ethereum address does not require a token approval, because the payout is an incoming transfer whose sender authorizes the transaction and pays its gas fee.
Where can I find the Bitcoin TXID if my wallet shows only a withdrawal reference?
A withdrawal reference may identify an internal request, while the Bitcoin TXID identifies the blockchain transaction. Look in the sending platform’s withdrawal details for its transaction hash or ask that platform for it. A request awaiting broadcast may not yet have an available TXID.
How private is a BTC-to-ETH swap without registering an account?
Account-free access does not hide the Bitcoin deposit or Ethereum payout from their public blockchains. Addresses and transfer amounts remain visible. Sharing an Exchange ID can also expose order details to people who may misuse them, so reserve it for trusted support.