Etini
Valued Contributor
With Binance, one can convert from one Cryptocurrency to another easily. For instance, you might have Ethereum and want to convert it to Bitcoin. It could be that you want to make a certain payment to someone and that person only has wallets in a particular Cryptocurrency. How do you go about that on Binance?
First of all, you would have to log in to your Binance account. From there, you go to Exchange section. When you are at the Exchange section, you choose the Basic View tab and from there, you select the pairs of cryptocurrency you wish to convert. For instance, you might want to convert BTC to LTC. Just select them. Enter the amount from the base currency you would want to convert to the new currency. Of course, be sure that you have up to the amount in the base currency.
From there, the app would show you the estimated value of the base coin amount selected when converted to the new coin. At this point, you click the "Buy" button. The trade would be processed and the new balance in the new currency would immediately reflect in your Binance account.
This is the step by step process of converting coins on Binance.
First of all, you would have to log in to your Binance account. From there, you go to Exchange section. When you are at the Exchange section, you choose the Basic View tab and from there, you select the pairs of cryptocurrency you wish to convert. For instance, you might want to convert BTC to LTC. Just select them. Enter the amount from the base currency you would want to convert to the new currency. Of course, be sure that you have up to the amount in the base currency.
From there, the app would show you the estimated value of the base coin amount selected when converted to the new coin. At this point, you click the "Buy" button. The trade would be processed and the new balance in the new currency would immediately reflect in your Binance account.
This is the step by step process of converting coins on Binance.
