Disclaimer: Binance.US collects a small spread margin between the buy and sell price of an asset. No trading fees apply to the Convert feature.
Why use Binance.US Convert?
Why use Binance.US Convert?
Use Convert to directly convert one cryptocurrency for another, or for USD. It’s fast, easy, and convenient for beginners and advanced traders alike.
Whether you want to create one less trade, avoid slippage, or simplify your trading experience — you will receive exactly what you agree to convert.
Which cryptocurrencies does Binance.US Convert support?
Which cryptocurrencies does Binance.US Convert support?
Binance.US currently supports more than 4,750 convert trading pairs. As always, we are working to evaluate and increase the number of high-quality supported assets and convert trading pairs, including new crypto-to-crypto pairs not previously supported on our spot exchange. Customers can freely convert between most assets supported by the Convert feature.
Note: This article was last updated on October 10, 2022. Convert was officially announced on April 15, 2022 with a total of 36 supported assets and 499 trading pairs.
What do I need to keep in mind when converting cryptocurrencies?
What do I need to keep in mind when converting cryptocurrencies?
When making larger trades, before using Convert, you may want to check the order book on our spot exchange to minimize the spread. While the maximum single transaction limit for Convert ranges between the equivalent of $10,000 and $25,000, depending on the convert pair, with larger trades, you might find that to fulfill your trade, you would have to accept prices above or below the current market price.
The OTC Portal may be a better alternative when making large transactions. Learn How To Use The Binance.US OTC Portal.
How do I use Binance.US Convert?
How do I use Binance.US Convert?
On the Web
On the Web
Click on Trade in the menu
Click Convert from the dropdown menu
Select which cryptocurrencies you would like to convert from and to
Choose the amount of crypto you would like to convert
Click Preview Conversion
If you are satisfied with the quote, click Confirm Conversion to complete your transaction
On the App
On the App
On your home screen, tap the Convert icon
Select the cryptocurrency you would like to convert from
Select the cryptocurrency would like like to convert to
Choose the amount of crypto you would like to convert
Press Preview Conversion
If you are satisfied with the quote, press Confirm Conversion to complete your transaction
What is the difference between Binance.US Convert and OTC?
What is the difference between Binance.US Convert and OTC?
Our OTC Trading feature works similarly to Convert but is designed for larger trades. The minimum trade amount on the OTC portal is an equivalent value of $10,000.
Read more: How to use the Binance.US OTC Portal.
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Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice. We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.
Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. Binance.US is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. Please refer to our Terms of Use for more information.