How to Swap BTC to ETH Without Wrapping
Bitcoin to ether, not Bitcoin to wrapped Bitcoin. How to swap BTC to ETH with native BTC in and canonical ETH out, and how best execution differs from a headline rate.
Quick answer
To swap BTC to ETH without wrapping, use a non-custodial path that sells native Bitcoin and delivers canonical ETH on Ethereum. Not wBTC in MetaMask. On RAVN, eligible venues race in parallel. Ranking targets best execution: net ETH after costs, not a marketing rate that hides gas and spread.
Bridge vs swap
Search results often mix "bridge BTC to ETH" with "swap BTC to ETH." They are different goals.
- Bridge or wrap BTC. You typically end with a Bitcoin-backed token on Ethereum (wBTC, cbBTC, and similar) for DeFi collateral or LP.
- Swap to ETH. You want ether, the native gas token and base asset of Ethereum, to spend, stake, or trade further.
If your goal is ETH, a wrap is an intermediate product, not the finish line. RAVN routes aim for the canonical destination asset. Choose ETH, receive ETH.
How to swap BTC to ETH on RAVN
- Open app.ravn.exchange.
- From: BTC (Bitcoin). To: ETH on Ethereum (or another supported EVM native only if you mean that chain on purpose).
- Enter amount. Review net ETH, timing, and execution type.
- Complete deposit, signature, or transaction steps the quote returns. Native BTC often uses a DEPOSIT flow. EVM delivery uses solver, relayer, or RFQ models depending on the winner.
- Confirm ETH on the correct chain in your EVM wallet.
Venues that may compete on BTC to ETH
- BTCGarden Finance (HTLC), Relay, and NEAR Intents for native Bitcoin when eligible.
- EVMCross-chain rails such as Across, Relay, and Mayan Swift. Same-chain EVM RFQ (0x Gasless, Bebop, CoW) when a leg is pure EVM.
- OutCanonical ETH. Not a RAVN-wrapped claim.
RAVN does not deploy its own settlement contracts. Each fill inherits the security model of the winning venue. Specialists per domain, one quote interface.
Best execution checklist for BTC to ETH
- Compare net ETH, not mid-market price from a charting site.
- Note whether you pay Bitcoin network fees, EVM gas, both, or a gasless leg on part of the path.
- Prefer firm RFQ pricing when it still wins on your guaranteed floor. Zero slippage applies on those RFQ legs specifically, not as a blanket claim on every route.
- Re-quote if the market moves or the quote expires.
That checklist is best execution without the jargon. Outcomes beat headline numbers that hide costs.
Try it in the app
Live in beta. Parallel venues, best execution, canonical assets. RAVN never holds your funds.
FAQ
Can I swap BTC to ETH without a centralized exchange?
Yes. Non-custodial routers and venue networks move BTC to ETH without a CEX deposit account. You still use wallets and accept venue and network risk.
Is wBTC the same as swapping to ETH?
No. wBTC is wrapped Bitcoin on Ethereum. ETH is ether. Pick the asset you actually want to hold and use.
Does RAVN charge gas on BTC to ETH?
RAVN adds no gas markup. RFQ routes can be gasless for the user on eligible EVM RFQ fills. Deposit and on-chain routes use standard network gas where applicable.
Is RAVN live?
Yes. Live in beta. Use app.ravn.exchange for swaps and docs.ravn.exchange for the integrator API.
