The controversy of how you save more by converting or selling in spot, here I explain why spot is better.
Let's compare Convert vs Sell in Spot on Binance using your example of changing $2000 in BTC to USDT, focused on which one charges you less:
1. Convert
It does not show a direct commission, but it gives you a less favorable price.
Binance earns with the "spread," which can be between 0.1% to 0.5% or more in volatile markets.
Realistic example:
Real BTC/USDT price: 60,000
Price in Convert: 59,800 (spread of 0.33%)
You receive: 2000 / 59,800 = 0.03345 BTC
In that case, you lose about $6–10 due to the spread.
2. Sell in Spot (Market)
It charges you a fixed commission of 0.1% (or less if you use BNB to pay).
You use a market or limit order (to have better control of the price).
Example:
You sell BTC at the real price of 60,000
You receive: 0.03333 BTC × 60,000 = $2000
Commission: 0.1% = $
Conclusion:
Selling in Spot charges you less commission in most cases.
Converting is easier, but the price is a bit worse, so it costs you more without you realizing it.
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Let's compare Convert vs Sell in Spot on Binance using your example of changing $2000 in BTC to USDT, focused on which one charges you less:
1. Convert
It does not show a direct commission, but it gives you a less favorable price.
Binance earns with the "spread," which can be between 0.1% to 0.5% or more in volatile markets.
Realistic example:
Real BTC/USDT price: 60,000
Price in Convert: 59,800 (spread of 0.33%)
You receive: 2000 / 59,800 = 0.03345 BTC
In that case, you lose about $6–10 due to the spread.
2. Sell in Spot (Market)
It charges you a fixed commission of 0.1% (or less if you use BNB to pay).
You use a market or limit order (to have better control of the price).
Example:
You sell BTC at the real price of 60,000
You receive: 0.03333 BTC × 60,000 = $2000
Commission: 0.1% = $
Conclusion:
Selling in Spot charges you less commission in most cases.
Converting is easier, but the price is a bit worse, so it costs you more without you realizing it.
follow me for more information and to value the information give it a like, thank you $BTC