The ShapeShift integration in the BitPay Wallet lets you trade Bitcoin (BTC) for Bitcoin Cash (BCH) and Bitcoin Cash for Bitcoin.
Note: ShapeShift is not compatible with the Copay Wallet, only the BitPay Wallet. (How is the BitPay wallet app related to Copay? How is it different?)
You can follow the instructions below to use ShapeShift with the BitPay Wallet:
- Make sure you have the BitPay App installed.
- Make sure you have created a BTC and a BCH wallet.
- Make sure that you have funds to shift. For example, if you wish to shift BTC to BCH, you will need to have a BTC balance in your wallet.
For this example, we will be converting BTC to BCH in the BitPay app. We therefore need to have a BCH wallet as well as a BTC wallet which has a bitcoin balance.
- From the BitPay App’s home screen, scroll down and click ShapeShift under Services.
- Click Connect to ShapeShift Account if you already have one. If you do not already have a ShapeShift account, click Sign Up for ShapeShift.
6. After you have signed into your ShapeShift account, click VERIFY ACCOUNT.
7. Next, click Verify ID near the middle of the screen.
- Follow the instructions to provide your verification information. After you are verified, you should see a confirmation page.
9. After verifying your account with ShapeShift, go back into your wallet. Click on ShapeShift again under services and it will pull up the following screen. Then click on Shift.
10. In the From field, select a Bitcoin wallet, in the To field, select a Bitcoin Cash wallet
*Please note the conversion rate, deposit minimum, deposit maximum, and the miner fee.
- Check the box to agree to ShapeShift’s Terms and click Continue.
- Specify an amount to convert. Make sure this amount is between the Deposit Min and Deposit Max shown in the previous step. Click Send Max to send the max amount from the wallet.
13. Click the arrow on the top right to proceed to the confirmation step. The confirmation step shows the amount you are converting and the corresponding USD values.
14. To complete the transaction, tap Click to confirm. Then, confirm that you want to proceed on the pop up window. If you have set an encrypted password, you will need to enter it to approve the shift transaction.
- After confirmed, you will return to the main ShapeShift page within your BitPay App. You should be able to see your pending transaction.
After your transaction confirms on the blockchain, ShapeShift will complete the trade. Then, you will receive your new BTC or BCH balance – usually within minutes.
If you are waiting on a shift to complete, you can check the status of your shifts on the home screen of the ShapeShift integration.