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How to Use Binance Convert

How to Use Binance Convert

2021-03-17 13:41
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App (Lite)
App (Pro)
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Tutorial video
Binance Convert is a simple tool for you to buy or sell cryptocurrencies with just a few clicks. It supports a wide range of assets and over a few thousand pairs, including fiat currencies. You can easily convert any amount of token to another from as low as 1 USD.
You can get a Binance Convert quotation instantly on the website or App. The conversion price will be based on the current market conditions with zero additional fees. You can get more competitive quotes for large orders than buying or selling on the Spot market.

How to use Binance Convert on the Binance website?

Before you start, make sure your Spot or Funding Wallet balance is sufficient to cover the order amount. If your balance is insufficient, check out our guides on purchasing, depositing, or receiving crypto.
1. Log in to your Binance account and go to [Trade] - [Binance Convert].
You may also access Binance Convert from your Fiat and Spot Wallet.
2. Choose either a market or a limit order to convert your assets.
  • [Market] executes the conversion at the current market price.
  • [Limit] executes the conversion at the limit price you set. Please note that even if the limit price is reached, there is no guarantee that your order will be filled.
You may use the funds in your Spot or Funding Wallet. Click [Spot wallet] to switch to [Funding wallet] and vice versa.

Market order

3. Go to the [Market] tab and select the tokens to convert. For example, converting USDT to BNB. Enter the amount of USDT to use, or click [Balance] and the system will automatically enter the maximum available amount you can use. Click [Preview Conversion].
4. You’ll see the amount you can receive. If you’ve happy with the rate, click [Convert] to confirm your order. Please note that the quote will automatically refresh after some time to reflect the latest market price, and the amount you can get will be updated.
5. The transaction will be processed immediately. The converted token will be distributed to the selected wallet.
  • To view the converted tokens, click [Go to Wallet].
  • To check the trading statistics of the token you just converted, click [View More].
  • To use Binance Convert again, click [Trade More].
3. Go to the [Limit] tab and select the tokens to convert. For example, converting USDT to BNB. You’ll see the 24-hour performance of the trading pair on the left.
4. Enter the amount of USDT to use, or click [Balance] and the system will automatically enter the maximum available amount you can use. You’ll see the amount you can get too.
5. You may also set a duration for the conversion order by clicking the [Settings] icon.
For example, you set [30 days] for an order. If the limit price hasn’t been reached after 30 days, the system will automatically cancel the order. Please note that after placing a limit order, your order assets will be locked for the selected duration.
6. Click [Place Order] and confirm the details on the pop-up. Click [Confirm Order].
7. Your order has been placed on the order book waiting to be filled. Please note that even if the limit price is reached, there is no guarantee that your order will be filled.
To view your open order, click [Conversion History].
8. To cancel an order, click [Cancel] next to it.
To view your Convert order history, go to [Convert History].
Tutorial video
Binance Convert is a simple tool for you to buy or sell cryptocurrencies with just a few taps. It supports a wide range of assets and over a few thousand pairs, including fiat currencies. You can easily convert any amount of token to another from as low as 1 USD.
Let’s see how to place a Convert order on the Binance App Lite version.

How to use Binance Convert on the Binance App Lite?

Before you start, make sure your Spot or Funding Wallet balance is sufficient to cover the order amount. If your balance is insufficient, check out our guides on purchasing, depositing, or receiving crypto.
1. Log in to your Binance App and tap the yellow [Trade] icon on the homepage. Select [Convert].
2. Choose either a market or a limit order to convert your assets.
  • [Market] executes the conversion at the current market price.
  • [Limit] executes the conversion at the limit price you set. Please note that even if the limit price is reached, there is no guarantee that your order will be filled.

Market order

3. Go to the [Market] tab and select the tokens to convert. For example, converting USDT to BTC. Enter the amount of USDT to use and tap [Preview Conversion].
4. You’ll see the amount you can receive. If you’ve happy with the rate, tap [Convert] to confirm your order. Please note that the quote will expire after some time. You can tap [Refresh] to get a new quote, and the amount you can get will be updated.
5. Once confirmed, the transaction will be processed immediately. The converted token will be distributed to your wallet.
  • To view the converted tokens, tap [Go to Wallet].
  • To check the trading statistics of the token you just converted, tap [View More].
3. Go to the [Limit] tab and select the tokens to convert. For example, converting USDT to BTC. You’ll see the 1-day, 1-week, and 1-month performance of the trading pair at the top.
4. Enter the amount of USDT to use and the system will automatically calculate the amount you can get.
5. You may also set a duration for the conversion order under [Expires in].
For example, you set [30 days] for an order. If the limit price hasn’t been reached after 30 days, the system will automatically cancel the order. Please note that after placing a limit order, your order assets will be locked for the selected duration.
6. Tap [Place Order] and confirm the details on the pop-up. Tap [Confirm]. Your order will be placed on the order book waiting to be filled. Please note that even if the limit price is reached, there is no guarantee that your order will be filled.
7. To view your open order, scroll down to [Open Orders].
To cancel your order, tap [Cancel].
To view your Convert order history, tap the [History] icon on the top right and go to the [Convert] tab. You can view all completed and canceled orders here.
Tutorial video
Binance Convert is a simple tool for you to buy or sell cryptocurrencies with just a few taps. It supports a wide range of assets and over a few thousand pairs, including fiat currencies. You can easily convert any amount of token to another from as low as 1 USD.
Let’s see how to place a Convert order on the Binance App Pro version.

How to use Binance Convert on the Binance App Pro?

Before you start, make sure your Spot or Funding Wallet balance is sufficient to cover the order amount. If your balance is insufficient, check out our guides on purchasing, depositing, or receiving crypto.
1. Log in to your Binance App and go to [Trade] - [Convert].
2. Choose either a market or a limit order to convert your assets.
  • [Market] executes the conversion at the current market price.
  • [Limit] executes the conversion at the limit price you set. Please note that even if the limit price is reached, there is no guarantee that your order will be filled.
You may use the funds in your Spot or Funding Wallet. Tap [Spot wallet] to switch to [Funding wallet] and vice versa.

Market order

3. Go to the [Market] tab and select the tokens to convert. For example, converting USDT to BNB. Enter the amount of USDT to use and tap [Preview Conversion].
4. You’ll see the amount you can receive. If you’ve happy with the rate, tap [Convert] to confirm your order. Please note that the quote will expire after some time. You can tap [Refresh] to get a new quote, and the amount you can get will be updated.
5. Once confirmed, the transaction will be processed immediately. The converted token will be distributed to your wallet.
  • To view the converted tokens, tap [Go to Wallet].
  • To check the trading statistics of the token you just converted, tap [View More].
3. Go to the [Limit] tab and select the tokens to convert. For example, converting USDT to BNB. You’ll see the 1-day, 1-week, and 1-month performance of the trading pair at the top.
4. Enter the amount of USDT to use and the system will automatically calculate the amount you can get.
5. You may also set a duration for the conversion order under [Expires in].
For example, you set [30 days] for an order. If the limit price hasn’t been reached after 30 days, the system will automatically cancel the order. Please note that after placing a limit order, your order assets will be locked for the selected duration.
6. Tap [Place Order] and confirm the details on the pop-up. Tap [Confirm]. Your order will be placed on the order book waiting to be filled. Please note that even if the limit price is reached, there is no guarantee that your order will be filled.
7. To view your open order, scroll down to [Open Orders].
To cancel your order, tap [Cancel].
To view your Convert order history, tap the [History] icon on the top right and go to the [Convert] tab. You can view all completed and canceled orders here.