ONDO to BCH: Swap Ondo (ERC-20) to Bitcoin Cash, No KYC

ONDO is an ERC-20 token on Ethereum. Holding it gives a vote in the Ondo DAO, and it sits at the same 0x address as the rest of your Ethereum tokens. Bitcoin Cash is a separate proof-of-work chain. It split from Bitcoin in 2017 and chose larger blocks to keep transfer fees low, and today it is used mostly for payments.

People who make this swap are usually finished with the governance side of ONDO and want a coin that is cheap to send to someone else, or that lives outside Ethereum altogether. The two chains have nothing in common. Their address formats differ, MetaMask cannot hold BCH, and no bridge links them.

The swap simply replaces one with the other. ONDO goes in on Ethereum, and BCH comes out on its own chain at an address you control. GhostSwap is a no-KYC crypto exchange, so there is no account and no ID step: the BCH address, your Ethereum sender address and the deposit are the whole process.

ONDO is a token, so it cannot pay for its own transfer. Each ONDO send costs gas in ETH, taken from the same wallet. If MetaMask, Rabby or your Ledger shows an ONDO balance but no ETH, the deposit will not leave the wallet. Add a small amount of ETH first, then send.

Gas on Ethereum rises and falls with demand, so a quiet hour costs less than a busy one. The guide to lower gas fees explains how to time a transfer. This gas is paid on top of the swap; the quote in the exchange box already covers the service fee and the BCH network fee.

Make sure the ONDO you send is the Ethereum token and that the wallet's network reads Ethereum. Ethereum adds a block about every 12 seconds, and the deposit is confirmed in about 2 to 5 minutes. Follow it on Etherscan with the hash your wallet gives you.

A Bitcoin Cash wallet can show its address in more than one form. The standard form is CashAddr. It starts with bitcoincash:q, or with just q when the prefix is hidden. Electron Cash and Cashonize both show it on their receive page, and it is the one to paste for this payout.

Older wallets may still display a legacy address that starts with 1. It is valid on Bitcoin Cash, but it looks exactly like a legacy Bitcoin address, which makes the two easy to confuse. If you hold both coins, copy from the BCH wallet only, never from a Bitcoin wallet.

Wallets with CashTokens support can also show an address starting with bitcoincash:z. That form is meant for receiving tokens. For a plain BCH payout, pick the regular q address instead. Paste rather than type, then compare the first and last few characters with the wallet.

The slow side of this pair is the payout. Bitcoin Cash produces a block about every 10 minutes, so your BCH wallet may list the incoming coins at once and mark them confirmed only after the next block. Nothing is wrong when that happens, and you do not need to act.

Once the BCH is confirmed it pays its own network fee, so you can send it on without holding any other coin. That is the reverse of the ONDO side, where a second coin had to sit beside the token. If your wallet is slow to refresh, look the payout up on Blockchair.

Enter the ONDO amount and the box shows the BCH you receive after fees. The quote comes from aggregated liquidity from leading crypto markets. The reference rate next to it is the plain market price before fees, and the minimum and maximum for this pair are listed in the same place.

The rate floats with the market until your ONDO deposit confirms on Ethereum. After that, most swaps finish within minutes, and the BCH then waits for a Bitcoin Cash block. If you plan to spend the BCH right away, allow for that block time.

Send the amount you entered in a single transaction. A different amount, or two partial sends, can change the quote and makes the swap harder to match. To go back later, use BCH to ONDO. Other Ethereum tokens reach Bitcoin Cash the same way, for example LINK to BCH.

Your Ethereum sender address doubles as the refund address. If a swap cannot be completed, the coins are refunded to the sender address you entered. On this pair that means ONDO, back on Ethereum, so give an address in a wallet you control and can open again.

Avoid sending the deposit straight from a platform withdrawal. Those transfers leave from shared wallets, and a refund sent to one may never be credited to you. Move the ONDO to MetaMask, Rabby or a Ledger first and send from there.

Every swap has a status page under its swap ID, showing the deposit, the exchange step and the BCH payout. If Etherscan shows the ONDO confirmed and the status page has not moved for a long time, email support@ghostswap.io with the swap ID and the Ethereum transaction hash. Hold off on any second deposit while support looks into it.