What Is It, Find out how to Use & FAQs in 2026

Binance Convert is a built-in conversion characteristic that allows you to commerce crypto-to-crypto (or crypto-to-fiat) in seconds with out coping with order books or sophisticated steps. The highest options of Binance convert are zero buying and selling charges, zero slippage (though there’s a little unfold), deep liquidity, and solely a $0.01 minimal order dimension for many property.

On this information, you’ll study precisely what Binance Convert is, the way it works, the several types of modes, and the variety of supported property for this characteristic. We may even cowl the best way to use it successfully and who ought to use it.

What Is Binance Convert?

Binance Convert is a simple buying and selling instrument that allows you to swap one cryptocurrency for an additional immediately with out coping with complicated order books. Mainly, it capabilities as a “Request for Quote (RFQ)” platform the place the system primarily gives a assured value that is still legitimate for a selected time window. 

You merely have to ask for a quote, and in case you like the worth, you’ll be able to affirm the commerce, and the settlement occurs instantly in your spot pockets. There isn’t any ready for a purchaser or vendor to match your order, and the system takes care of the liquidity for you as properly.

How does Binance Convert Work?

Binance Convert works by offering you with a real-time value quote for the pair you need to commerce and locking that fee for a short while. You see, as quickly as you enter the quantity to transform, the system fetches the present market value after which exhibits precisely how a lot of the goal asset you’ll get. 

There’s often a countdown of some seconds so that you can affirm the commerce at that fee. Now, so long as you click on “Convert” earlier than the timer expires, the commerce executes immediately at that locked value solely. You’re going to get your new cash or money in your pockets immediately, with no shock value adjustments. Mainly, it’s like doing a direct swap at a recognized value, and Binance handles all of the behind-the-scenes matching for you. You can too take a look at our full Binance assessment for more information in regards to the change.

Key Options of Binance Convert

The highest options of Binance Convert are 0% buying and selling charges, slippage-free buying and selling, $0.01 minimal order dimension, and deep liquidity for big orders.

Zero Buying and selling Charges

You pay completely zero buying and selling charges on the transaction quantity when utilizing the “Convert” characteristic. The system primarily covers its prices by a small unfold. Effectively, unfold is the distinction between the shopping for and promoting value, slightly than charging a separate fee price. So, truthfully, saving that commonplace 0.1% spot price on each commerce actually provides up over time.

Slippage-Free Buying and selling

Slippage is totally eradicated when utilizing the Binance Convert characteristic as a result of the worth you see on the display screen is the precise value you get. You see, in commonplace spot buying and selling, your remaining value would possibly change if the market strikes whereas your order fills, however Convert locks the speed beforehand. Therefore, it provides you complete peace of thoughts throughout loopy market pumps or dumps when costs are transferring too quick to catch.

Low Minimal Order Measurement

You can begin a conversion on Binance Convert with a really small quantity, as little as $0.01 (one cent) value of crypto in lots of instances. The minimal commerce dimension is extraordinarily low in comparison with common buying and selling. You see, common spot buying and selling typically has larger minimums, and this is because of lot dimension guidelines or notional worth necessities.

Deep Liquidity & Massive Orders

Binance Convert can deal with massive orders with none hassle, because of Binance’s deep liquidity swimming pools and OTC assets. You possibly can convert very massive quantities at a hard and fast value with out transferring the market. 

Even in case you’re swapping tens of hundreds of {dollars} (and even thousands and thousands) in crypto, the instrument will mainly provide you with one mounted value and execute it absolutely. Effectively, this can be a massive benefit for buyers who need to keep away from the market influence and partial fills which may occur in the event that they positioned an enormous order on the open change. Therefore, with Convert, massive trades are accomplished in a single go at a predictable value. Usually, whales and establishments use this typically to maneuver dimension with out signaling their intent to the general public market.

Binance Convert vs. Spot Buying and selling

The primary distinction between Binance Convert and spot buying and selling lies within the order matching mechanism and the pricing mannequin. Let’s examine them side-by-side so you’ll be able to resolve.

AspectBinance ConvertSpot Buying and selling (Change)Consumer InterfaceEasy, one-click conversion kindSuperior interface with charts and order booksChargesZero direct charges (no fee on commerce)Buying and selling charges apply (~0.1% typical)Minimal OrderVery low (as little as ~$0.01)Sometimes larger minimums (begin round $5-$10Slippage DangerNone (however a little bit of unfold)Doable slippage on massive orders or low-liquidity pairsExecution PacePrompt execution after affirmationRelies on market; massive orders might take time to fillFinest ForFast swaps, newcomers, massive one-off tradesLively merchants utilizing superior instruments

Supported Property & Buying and selling Pairs

Binance Convert helps over 350 completely different cryptocurrencies for direct conversion on the platform. So, it’s not simply restricted to Bitcoin and Ethereum.

Stablecoins: You may have full entry to top-tier stablecoins like USDT, USDC, and FDUSD to protect your capital throughout risky market intervals.Main Altcoins: The platform helps high-volume property, together with Ethereum (ETH), BNB, XRP, and Solana (SOL), so you’ll be able to simply rotate your portfolio into main tasks.Meme Cash: You possibly can commerce standard speculative property like DOGE, SHIB, and PEPE instantly without having to route by intermediate currencies.DeFi Tokens: Additionally, a lot of the main decentralized finance tokens, akin to UNI, AAVE, and CAKE, can be found for direct swaps that can assist you entry the DeFi sector shortly.

So, you’ll be able to just about swap any coin for every other coin in a single step, and even when a direct buying and selling pair doesn’t exist on the change, Binance Convert will usually discover a route behind the scenes to get you the asset you need.

Binance Convert Modes Defined

Binance Convert provides three modes: Prompt (market) mode, restrict mode, and recurring mode (DCA).

Prompt (Market) Mode

Prompt Mode executes your commerce instantly on the present market value supplied by the system. Mainly, it’s the go-to possibility when pace is your precedence, and you’ll want to enter or exit a place proper now. 

That is the default mode most individuals use. It’s a must to enter the coin and quantity you need to swap, after which Binance will quote you a stay value, and in case you settle for that quote and make sure, the conversion occurs instantly.

Restrict Mode

Restrict Mode lets you set a selected restrict value at which you’re prepared to purchase or promote an asset. The system screens the marketplace for you and solely executes the conversion if the worth reaches your specified restrict value or higher. Effectively, right here, the perfect half is that you simply nonetheless pay zero buying and selling charges on these restrict orders in comparison with the spot market.

Recurring Mode (DCA)

Recurring Mode (Greenback-Value Averaging mode) primarily lets you arrange automated conversions on a daily schedule. So, it’s excellent for a “set it and overlook it” funding plan. You possibly can simply select how a lot to purchase (or promote) and the way typically. So, for instance, you’ll be able to convert crypto value $100 to Bitcoin each week, and Binance Convert will then execute these conversions routinely on the set intervals, and that too with zero charges.

Find out how to Use Binance Convert (Step-by-Step)

Step 1: Entry Binance Convert: It’s essential log in to your Binance account on the app or web site, after which go to the Commerce menu and choose “Convert & Block Commerce.” Additionally, in case you are new to Binance, you should utilize our Binance referral code to register and earn a $100 welcome bonus.

Step 2: Select the Mode: Now, on the high of the Convert web page, you must select the mode you need to use: Prompt, Restrict, or Recurring.

Step 3: Choose Currencies and Quantity:  Now, you need to choose the cryptocurrency or fiat forex you need to convert from (the asset you’ve gotten) and the forex you need to convert to (the asset you need to obtain). You possibly can kind in how a lot of the supply asset you need to convert, and if you wish to use all you’ve gotten, there’s typically a Max button to fill in your complete steadiness.

Step 4: Preview the Conversion: It’s essential click on the Preview Conversion button, and the system will fetch a stay quote. You’ll see how a lot of the goal asset you’ll get in case you convert proper now, together with a countdown timer (for Prompt mode) or different particulars for restrict/recurring.

Step 5: Affirm the Commerce: Now, you’ll be able to assessment the conversion value after which click on “Convert” to verify the commerce whereas the speed remains to be locked in. (Additionally, for Prompt mode, you’ll want to hit convert earlier than the countdown timer expires.)

Step 6: View the Outcome: After confirming, the conversion processes are instantly. You’ll see a affirmation, and the brand new asset will seem in your spot pockets steadiness. You can too discover the transaction report in your Convert historical past.

Wallets Used for Binance Convert

Binance Convert makes use of the funds held inside your Spot Pockets and Funding Pockets. Additionally, by default, it should gonna use your Spot Pockets (since that’s the place your buying and selling property often are). Now, after a conversion is accomplished, the transformed property are instantly distributed to the chosen pockets (both Spot or Funding). 

When Ought to You Use Binance Convert?

You need to use Binance Convert if you wish to use it for fast trades, massive orders with out slippage, convert one coin to a different, DCA plans, and nil buying and selling charges.

Fast and Straightforward Trades: In instances the place a person merely desires to make a fast commerce of their property with out going by the complicated buying and selling course of, the “Convert” characteristic is good. It’s appropriate every time one desires to easily rebalance and money out a sure coin.Massive Orders With out Slippage: Convert is nice for big trades as a result of it eliminates the potential for value slippage. You may have just one mounted value for your complete order, and therefore, you aren’t transferring the market together with your massive spot order.Any Coin to Any Coin: The Binance Convert service lets you change any coin to any coin in a single transaction. You don’t must do it in steps, like altering to BTC after which to a different coin; it exhibits you probably the most handy manner.Greenback-Value Averaging (DCA): The perfect mode for this course of on Convert is the “Recurring mode.” You possibly can arrange a buying routine the place you purchase a predetermined variety of cash at set intervals (day by day, weekly, and so forth.).No Buying and selling Charges: You recognize, with Convert, you pay no buying and selling commissions in any respect. So, for frequent or small swaps, this may prevent cash in comparison with utilizing the common change, the place charges would apply.

Charges, Pricing & Settlement

There isn’t any buying and selling value that you’ll want to pay on Convert. The value quote already takes into consideration all of the components, so if it exhibits that you’ll obtain 0.5 ETH for 1500 USDT, then you’ll obtain precisely that, 0.5 ETH. Binance takes its share by a small unfold on the worth, however there isn’t any price for you.

The value that’s quoted could also be barely completely different from the market value displayed, and that’s regular as a result of it’s up to date with present market situations. Now, clicking on “Preview Conversion” will maintain the market fee for a number of seconds so as to view the conversion. Additionally, make certain to verify earlier than it expires; in any other case, you’ll have to refresh for a brand new quote on the up to date value.

When it comes to settlement, Binance Convert processes it in a short time. In most situations, you’ll obtain the transformed asset inside seconds, if not moments, after you’ve gotten confirmed the transaction. There isn’t any ready time, as it’s mainly an instantaneous transaction, until it includes a substantial quantity, through which case Binance Convert handles it as quite a lot of transactions, so you could have to attend. That is uncommon, although, for the overwhelming majority of trades, all the things completes directly, and also you’ll see your new property in your pockets immediately.

Binance Convert FAQs

Who Can Use Binance Convert? You could have a verified Binance account to entry this characteristic. It’s obtainable to nearly everybody who completes Id Verification (KYC). Usually, you simply have to stay in a supported area.What are the Minimal & Most Commerce Quantities? The minimal and most quantities for a Convert commerce rely on the precise coin pair you’re buying and selling. The Binance platform will primarily present you the precise limits on the conversion display screen solely once you enter the quantity. Usually, the minimal could be very low (typically round $0.01 value), so you’ll be able to commerce even tiny quantities. The utmost may be very excessive, and it’s often constrained solely by the liquidity obtainable for that pair.Why Does It Say “Inadequate Funds”? Your funds are possible sitting within the flawed pockets. You recognize, Binance Convert pulls cash particularly out of your Spot Pockets or Funding Pockets, and it can’t contact property locked in Earn, Futures, or open restrict orders. Therefore, you’ll want to be sure to have the required quantity in your chosen pockets (Spot or Funding).The place to Verify Convert Commerce Historical past? You possibly can assessment all of your previous conversion transactions on the Binance Commerce Historical past web page. So, you merely have to log in and go to Orders (or Commerce Historical past) and search for Convert Historical past. Therefore, there you’ll discover all of your accomplished “convert” trades with particulars (quantity, value, timestamp).Are Convert Trades Counted Towards VIP Quantity? Sure, each commerce you make on Convert counts towards your VIP standing. Binance explicitly consists of Convert quantity in its Spot buying and selling quantity calculation. So, you get credit score similar to you’ll on the common spot market, and this helps you degree up your VIP tier quicker to unlock decrease charges.

Conclusion: Is Binance Convert Value Utilizing in 2026?

In a nutshell, Binance Convert is totally value utilizing in case you worth comfort and wish instantaneous crypto-to-crypto or fiat-to-crypto conversion. It gives fast, fee-free, and hassle-free crypto swaps. The instrument began as a primary swap characteristic, however now even consists of superior choices like Restrict and Recurring trades as properly. 

So, the underside line is that Binance Convert allows you to commerce by yourself phrases with just some clicks, no additional prices, and it actually takes the stress out of swapping crypto. All in all, it’s the most effective Binance options for fast and simple crypto transactions.