IOTA to ETH: Exchange IOTA for Ethereum Without KYC

This pair takes IOTA on its own network, the coin your IOTA wallet holds natively. Copy that wallet's address into the sender field, then send the IOTA amount from the box to the one-time deposit address. The sender address doubles as the refund address, so it has to be one you control rather than an address shown on a trading platform's deposit page.

If your IOTA shows up as a token inside an EVM wallet such as MetaMask, rather than in an IOTA wallet, it is not the native coin this deposit address is waiting for. Only send from the wallet where IOTA is the main balance.

Use the copy button for the deposit address instead of reading it off the screen, and pay the exact IOTA amount in a single transaction. Splitting the payment or sending a rounded figure makes the swap harder to match and slows it down. Any network fee your IOTA wallet shows is handled by the wallet and is separate from the quote.

Your ETH is paid to a 0x address with 40 hexadecimal characters after the prefix. MetaMask, Rabby and Ledger all show one on their receive screen. Copy it and paste it; a single wrong character sends the ETH to someone else, and Ethereum transfers cannot be reversed.

The ETH arrives on Ethereum mainnet. The same 0x address also exists on Base, Arbitrum and other layer-2 networks, so if your wallet is set to one of those it may show a zero balance while the ETH is in fact sitting on mainnet. Switch the wallet's network view to Ethereum to see it.

Because ETH is the gas coin of its own chain, the payout is ready to use as soon as it lands. You can send it on, pay gas for tokens in the same address or connect to an app without first topping up anything. That is one practical difference from swapping into an ERC-20 token, which would also need ETH beside it.

IOTA was built with the Internet of Things in mind, while Ethereum is a general smart contract platform with a very large range of apps. Most people making this swap want ETH to use something on Ethereum: a lending market, a decentralised exchange, an NFT platform, or simply gas for tokens they already hold in a 0x wallet.

Others are rebalancing. Moving part of an IOTA position into ETH spreads it across a second, separate network, and ETH is one of the most widely accepted coins across wallets and services. GhostSwap does that in one step, IOTA in and ETH out, with no wrapped token in between and no bridge to operate yourself.

Whichever reason applies, nobody asks for your identity along the way. GhostSwap is a no-KYC crypto exchange: there is no sign-up, no email field and no ID upload, only the two addresses and the amount. The swap ID on the status page is the only reference you need to keep.

The exchange box at the top of this page is the calculator. Type an IOTA amount and it shows how much ETH you receive after fees; change the figure and the result updates. That number already accounts for the service fee and the cost of sending the ETH on Ethereum.

The rate is drawn from aggregated liquidity from leading crypto markets. It floats with the market until your IOTA deposit confirms, so the ETH that finally arrives can differ a little from the first quote if prices move in between. The box also shows the minimum and maximum for this pair; check them before you send so the deposit is not too small to process.

The reference rate further down the page is a market rate before fees. It is useful for a quick sense of the conversion, but the exchange box is the figure to go by when you decide how much IOTA to send. Sending soon after you read the quote keeps that gap small.

Each swap gets an ID and a status page. It shows when the deposit is detected, when it is confirmed, when the exchange runs and when the ETH is sent. Keep the page open, or save the swap ID, until the payout shows as complete.

How long the first step takes depends on how quickly the IOTA network confirms your deposit. Once it has, most swaps finish within minutes. The ETH payout then confirms on Ethereum in about 2 to 5 minutes, and you can follow it on Etherscan by pasting your 0x address into the search bar.

Busy periods on Ethereum can stretch the last step slightly, since every transaction there competes for block space. That affects only the payout's confirmation, not the amount you receive, which was fixed when your deposit confirmed. If Etherscan shows the incoming ETH as successful, the swap is done even if your wallet takes a moment to refresh.

If a swap cannot be completed, the coins are refunded to the sender address you entered. For this pair that means IOTA returning to the IOTA address you typed in the sender field, which is why it must be your own wallet and not a platform deposit address that may not credit an unexpected transfer.

Most problems come from two things: a deposit of a different size than the box asked for, or an address meant for another network. If you notice either, do not send more to try to fix it. Write to support@ghostswap.io with the swap ID and the transaction ID from your IOTA wallet, and say what went wrong.

Also write if the status page has shown the deposit as detected but not confirmed for much longer than usual. Include the same details, and avoid paying a second time to the same deposit address while the first transfer is still being looked at.