Binance Convert: The Simplest Crypto Swap
Binance Convert is the easiest way to exchange one cryptocurrency for another. No charts, no order books, no complexity -- just pick two coins and swap. Register for Binance to start using Convert, and download the APP. Visit our guides for more.
What Is Binance Convert?
Convert is a one-click swap feature. Select the coin you have, the coin you want, enter the amount, and swap instantly. Like currency exchange at a bank -- no trading knowledge required.
Convert vs. Spot Trading
| Feature | Convert | Spot Trading |
|---|---|---|
| Complexity | Very simple | Moderate |
| Price control | Accept quoted rate | Set your own price |
| Speed | Instant | Depends on order type |
| Fee display | No separate fee | 0.1% per trade |
| Ideal for | Beginners, small swaps | Price-sensitive trades |
How to Use Convert
- Open: APP -> Trade -> Convert
- Select coins: Top = what you sell, Bottom = what you buy
- Enter amount: How much to swap
- Preview: See the rate and amount you will receive
- Confirm: Tap to swap. Done in seconds.
Supported Coins
Convert supports hundreds of pairs including all major coins (BTC, ETH, BNB, SOL, XRP) and stablecoins (USDT, USDC). Check the APP for the full list.
Fee Structure
Convert shows no separate fee, but the exchange rate includes a small spread (the difference between buy and sell prices). For major pairs, this spread is typically under 0.1%. For less popular pairs, it may be slightly larger.
When Convert is cheaper: Small transactions under 500 USDT. When Spot is cheaper: Large transactions over 5,000 USDT.
Common Use Cases
- First-time buyers: Just got USDT via C2C, want to buy BTC instantly
- Quick sells: Convert BTC back to USDT fast
- Dust cleanup: Convert tiny leftover balances to BNB
- Direct swaps: ETH to BNB without going through USDT
Limit Convert Feature
Set a target rate and the system auto-converts when the market reaches it. Combines simplicity of Convert with price control of limit orders.
FAQ
Is there a minimum amount? Usually 5-10 USDT equivalent per conversion.
Can I undo a conversion? No, but you can convert back (small spread loss each way).
Is Convert available 24/7? Yes, just like spot trading.
Security Tips
- Verify coin selection carefully (some coins have similar names)
- Compare rates with spot for large amounts
- Watch the quote timer (5-10 seconds)
- Do not convert back and forth frequently (spread costs accumulate)