When the time comes to exchange cryptocurrencies or actually any currency, the first thing that interests a client is the exchange rate. 

BitShares and Bitcoin pair makes up the TOP pair of cryptocurrency trading, listed on public exchanges and with the largest market volume. These coins are the basic launch tools and always relevant. Even if their price drops, they will increase several times in the near future. Therefore, if you decide to become the owner of these cryptocurrencies, you will never find yourself in the red. Since anyone can now start their own exchange in a surprisingly simple way, there are a wide variety of exchanges where you can convert your BTS to BTC. 

Best Rate Cryptocurrency Exchanges

According to some estimates there are 504 cryptocurrency exchanges, including 259 of them that are tracked on CoinMarketCap and others, which are still in their launch phase. In such a variety, it is easy to get lost, and even worse – to lose money out of the blue.

Fortunately, there are resources that provide real-time exchange rates, where you can compare different offers and find the highest conversion rate. 

1 BitShares to Bitcoin price for now is 0.00000126 BTC. In the chart you can check the highest conversion rate from 1 BitShares Bitcoin in the last 24 hours, that has been recorded at 0.00000094 BTC and the lowest has been recorded at 0.00000085 BTC. 

Another thing to consider when choosing an exchange is the commission it may charge for the service provided. Sometimes the commission is so high that the rate no longer plays a role. Therefore, pay attention to the fees.

Steps of Converting BitShares to Bitcoin at the best rate

As you found the exchange with the best exchange rate and low fees – go for it, register and make 4 easy steps to convert your BitShares (BTS) to Bitcoins (BTC).

Step 1 Select the needed currencies in the converter: the coins BTS go to the left box and BTC go to the right one. 

Step 2 Select the number of coins you want to sell. 

Step 3 Type in your wallet address to receive your Bitcoins and check all the details.

Step 4 Click on the “Exchange” button.

Risks of losing money when converting BTS to BTC

Transaction times can vary depending on the confirmation speed in the decentralized network and the number of coins exchanged. However, reputable exchanges strive to reduce waiting times and provide fast service. 

The nature of any cryptocurrency is volatile, and its price can change at any moment, even when you make a transaction. And since in blockchain chains the purchase and sell-out of cryptocurrencies does not happen instantly, you may receive a different amount of Bitcoins than was promised at the beginning of the transaction. To avoid such an unpleasant surprise and loss of money, it is better to use the exchange which has the “fixed rate” option. This feature ensures that the exchange will be made at the exact rate that was specified when the transaction was opened. Thus, when carrying out BTS to BTC conversion on Godex, which remains fixed rate for the transaction time, the traders can be sure that they will get the stable amount.

To summarize, in order to convert BitShares to Bitcoins at the best exchange rate, compare rates, inquire about fees, and choose an exchange with a fixed rate option. Keep calm and keep exchanging. Wrapped btc (WBTC) is an ERC-20 token that represents Bitcoin (BTC) on the Ethereum blockchain 1 Bitcoin can be converted to 1 Wrapped Bitcoin, and vice-versa.