Binance Convert is a service where users can transform the cryptocurrency they hold into another cryptocurrency, in a matter of seconds. Binance Convert also powers the Convert function of the Binance app and is the main option for buying crypto on the app’s Binance Lite mode.
It takes just four simple steps, all of which can be completed in seconds, to complete a crypto deal on Binance Convert.
Step 1: Go to Binance Convert.
- On the Binance website, go to [Trade] on the top left part of the homepage, then choose [Convert].
- On the Binance app, go to Trades (the middle option on the bottom part of your screen), then choose [Convert] at the top left part of your screen (for the default version of the app) or on the pop-up that shows up (for Binance Lite).
Step 2: Select the token you have and the token you want to buy. You can choose to enter the number of tokens you want to use (at the top part) or the number of tokens you want to gain (at the bottom part).
Step 3: Click Preview Conversion. You will then see the price quote for the transaction you’re considering. You have 5 seconds to approve the quote shown to you and fulfill the deal. If the 5 seconds expire, click Refresh to get a new rate.
Step 4: Click Convert. The transaction takes less than a second, and you’ll see the crypto you bought in your Spot Wallet.