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Author Topic: exchanges that support low amount of conversion  (Read 320 times)
pirashki (OP)
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December 13, 2020, 04:49:31 PM
 #1

I have a little amount (0.015) of BCH in my wallet. I am thinking of swapping it to ETH and moving to my ETH wallet. but lots of exchanges does not support little amount. do you know any exchange website that is possible to do that?
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December 13, 2020, 07:24:39 PM
 #2

Well, that's actually a very small amount to exchange, exchange fees will eat up your funds.
You can make an offer for p2p trade here to someone who has eth and willing to deal with your bch. Even it's a small amount scammer still have an interest to that so avoid dealing with a brand new account and those who have negative feedback on their trust page if ever use an escrow.
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December 13, 2020, 08:42:43 PM
 #3

According to binance. That's a very low amount. It's roughly around $4 which is about 0.0007 ETH. The minimum order amount for ETH is 0.01 ETH and there is no BCH/ETH trading pair.
But you can easily convert the amount to BNB which is their native coin. The minimum order amount for BNB is 0.1 BNB
https://www.binance.com/en/trade-rule

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December 13, 2020, 10:09:23 PM
Merited by SFR10 (1)
 #4

According to binance. That's a very low amount. It's roughly around $4 which is about 0.0007 ETH. The minimum order amount for ETH is 0.01 ETH and there is no BCH/ETH trading pair.
But you can easily convert the amount to BNB which is their native coin. The minimum order amount for BNB is 0.1 BNB
https://www.binance.com/en/trade-rule
A long process through registration and confirmation for just a very little amount.
In fact, there exist another way to fast swap little amounts. Try Coinplazza for this kind of fast swaps. To swap BCH to Eth, the minimum required for one session is 0.005 BCH as shown here:

I didn't try this by myself, i have just use it to take the screenshot of the interface trade BCH to Eth.
To check a full list of instant exchanges (one of them may also feed your need), you can use this topic and even comment about your experience: Instant exchanges
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December 13, 2020, 10:23:15 PM
Last edit: July 19, 2023, 08:49:50 PM by logfiles
 #5

<...>
AFAIK, most of the instant exchanges if not all have a minimum limit and the limit is usually higher than that of ordinary exchanges because they have to cater for transaction fees, slippage rates and service fees, at least according to a couple of instant exchanges I have used in the past, that's coinplaza and exolix

E.g.
Minimum for Coinplaza is 0.1091 BCH


Minimum for godex is 0.34645232 BCH

Exolix doesn't even offer BCH

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December 13, 2020, 11:19:30 PM
 #6

<...>
AFAIK, most of the instant exchanges if not all have a minimum limit and the limit is usually higher than that of ordinary exchanges because they have to cater for transaction fees, slippage rates and service fees, at least according to a couple of instant exchanges I have used in the past, that's coinplaza and exolix
Thanks for the info, i'll update my post.
This is a real problem that we don't discuss it frequently. The amount of 4$ worth nothing in some rich countries when it means a lot for many people living in many countries. With 4$ i may pay for one night Motel in my country and it may feed a family for one or more days in some other countries. The issue is that exchanges enforce a high fee to make a trade and it's the same with swp services. This problem is somehow solved in Bitcoin with the Lightening Network but it's still a big issue with other cryptocurrencies.
The last chance left for op is to exchange them peer to peer with someone in his local or here. If he post this in "currency exchange" board, he may find someone .
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December 13, 2020, 11:34:05 PM
Merited by webtricks (1)
 #7

To cut the possible high fees on exchange upon withdrawal I think the suggestion of @bL4nkcode was right, just choose here in the forum the P2P transaction on this board, Currency exchange.  But once again as he said, beware of a scammer, always deal with those reputable rank members if you don't want to use escrow.  I think no one will scam $4 worth with at least full member rank without negative feedback on profile.

I have found an exchange but it needs for you to add more BCH just to meet their minimum requirement which is 0.0182478 BCH.

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December 14, 2020, 12:09:14 AM
 #8

I think no one will scam $4 worth with at least full member rank without negative feedback on profile.
You will be surprised how desperate some people can be here. Earlier on this year, I remember someone with a high rankling account, Probably Senior or Hero member profile with no negative feedback scamming a loan of about $3-4  Grin

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December 14, 2020, 06:34:40 AM
 #9

I have a little amount (0.015) of BCH in my wallet. I am thinking of swapping it to ETH and moving to my ETH wallet. but lots of exchanges does not support little amount. do you know any exchange website that is possible to do that?
I would suggest you to go with a P2P exchange with a like-minded member on this forum. The amount is small and correctly stated by many others that the fees for sending and transacting would eat up most of the money.

However there is still one problem. The basis of security of exchanges done on the forum are the escrow and they might not want to do a meager value exchange because of the fees. The fees is what they are taking for ensuring that the funds dont get misplaced.

Honestly you can try asking them about it or not using an escrow which is a again silly thing to do. If they dont agree, you would be out of luck.

Dont deal with users coming out in telegram PMs telling you that they are escrows. Contact them here first.

R


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December 14, 2020, 05:15:19 PM
Merited by OmegaStarScream (1)
 #10

The last chance left for op is to exchange them peer to peer with someone in his local or here.
logfiles has a point but what you provided in your "other post", already has the solution for pirashki's issue...

From the above list, OP has two options:


@pirashki
Take note: In most instant exchanges, the minimum required amounts usually change in a matter of minutes.

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December 14, 2020, 06:52:12 PM
 #11

snipi
Thanks for the comment and for your time searching the best solution for OP even the issue isn't that big. I didn't use all the suggestions in that list of Instant exchanges (only two) so i just invited op to spend time checking them one by one. Now as you filtered the list and get the two options, i may advice op to use the first option with fixedfloat.com as he will only have t pay 0.5% fee commission plus the network fee which should be less than half Dollar with actual Eth fee rate (get 3,xxx$), when the fees are not mentioned in freebitcoins.com home page nor in the Faq page or in their Ann thread.
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December 14, 2020, 06:58:31 PM
 #12

It's really small amount which is very low to the typical minimum amount to trade on exchange plus withdrawal fee. P2P is the only way to convert that but It will be hard to find someone that will fulfill that exchange request due to transaction fee.

That 4$ is not worthy for the hassle that you will going through just to convert that in ETH. Even if its in ETH, it will be hard to convert it to fiat or buy things.

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December 14, 2020, 09:29:23 PM
 #13

I have been with that the same situation of wanting to convert the dust amount that I've got from another altcoin but exchanges does have a higher limit than the amount that I've got. The suggestions about trading it with other people is the most ideal, the p2p.

You'll just waste time and that small amount in exchanges when you want to transfer it. You want it in Eth? that would potentially be the lowest/highest amount that you could pay just for the transfer fee.

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December 15, 2020, 03:22:14 PM
 #14

I have been with that the same situation of wanting to convert the dust amount that I've got from another altcoin but exchanges does have a higher limit than the amount that I've got. The suggestions about trading it with other people is the most ideal, the p2p.

You'll just waste time and that small amount in exchanges when you want to transfer it. You want it in Eth? that would potentially be the lowest/highest amount that you could pay just for the transfer fee.

everybody is suggesting p2p trades . @op what crypro wallet  are you using ? other crypto wallets have a built in exchange on them and theres no minimum depo on a wallet, if im not mistaken exodus wallet have it but you can search for a reliable one and convert it right away , fees are also lesser compare to exchanges .

or you can just spend in on a online shop that accept crypto and pay using that coin . you dont need to stress your self out for a small amount of money and i believe in you that you can earn money again in the future , use it to buy eth .
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December 16, 2020, 04:12:47 AM
 #15


everybody is suggesting p2p trades . @op what crypro wallet  are you using ? other crypto wallets have a built in exchange on them and theres no minimum depo on a wallet, if im not mistaken exodus wallet have it but you can search for a reliable one and convert it right away , fees are also lesser compare to exchanges .

or you can just spend in on a online shop that accept crypto and pay using that coin . you dont need to stress your self out for a small amount of money and i believe in you that you can earn money again in the future , use it to buy eth .
I have BCH in my Coinomi wallet and unfortunately, the amount OP has is very unlikely to be exchanged because the minimum transaction is 0.1735 BCH, Transacting in P2P is more likely to do, while suggesting the OP spend funds in the online shop is possible, but maybe that he needs more cash rather than goods.

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December 17, 2020, 12:43:12 PM
 #16

I have a little amount (0.015) of BCH in my wallet. I am thinking of swapping it to ETH and moving to my ETH wallet. but lots of exchanges does not support little amount. do you know any exchange website that is possible to do that?
It doesn't make any sense to swap this amount of BCH for ETH or other crypto coins because the amount is too low, this is an amount to cover transaction fees only, there won't be anything left, I suggest you keep your BCH or find a friend that can borrow you more BCH and pay him back later after the sold for ETH
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December 18, 2020, 09:34:09 AM
 #17

I have a little amount (0.015) of BCH in my wallet. I am thinking of swapping it to ETH and moving to my ETH wallet. but lots of exchanges does not support little amount. do you know any exchange website that is possible to do that?
Kucoin may be possible to be used to deposit your money as there's no deposit fees will be charged but the problem is you can't send your money to the anywhere consider these days the gas is quite high and you will be using all of your ethereum to pay the fees. I thought if you have no choice at this moment to be able to conver your bch to the eth.
$4 is really small these days.

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December 18, 2020, 09:02:06 PM
 #18

I have a little amount (0.015) of BCH in my wallet. I am thinking of swapping it to ETH and moving to my ETH wallet. but lots of exchanges does not support little amount. do you know any exchange website that is possible to do that?
Just let the dust in its place because it is actually not practical to trade this small amount on any exchange, you can ask for p2p trade even though if you find someone trusted enough here and willing to trade $4 still the gas fee will be a big concern so you may end up getting $1 or less at the end of big effort which isn't actually worthy to make. Roll Eyes









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December 20, 2020, 10:36:34 PM
 #19

The best solution at the moment is p2p trade with a trusted guy in the forum.
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December 22, 2020, 06:53:36 PM
 #20

I have a little amount (0.015) of BCH in my wallet. I am thinking of swapping it to ETH and moving to my ETH wallet. but lots of exchanges does not support little amount. do you know any exchange website that is possible to do that?

Coinswitch.co
Changelly
Shapeshift.com

These are instant exchangers but i doubt that you are just trying to make some peanut conversions on here considering that amount you do have.
Most of these platforms does have significant minimum value before you can make out some conversion successfully and just like on what
others mentioned that this would be just eaten up by the fees.

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