Want to swap your BTC for ETH, or consolidate scattered small balances into USDT? Binance Convert makes it incredibly simple. Register a Binance account now to experience the most convenient crypto swap. Get the Binance app for one-click swaps anywhere.
What Is Binance Convert
Binance Convert is a streamlined crypto exchange tool. It lets you swap one cryptocurrency for another without going through the traditional order book process. The experience is as simple as a currency exchange booth — choose the coin to swap, enter the amount, confirm the rate, and complete it in one click.
Convert doesn't require knowledge of order books, candlestick charts, or trading terminology. Even someone using Binance for the first time can complete a swap in seconds.
How to Use Convert
Find the "Convert" entry in the Binance app, usually in the homepage feature menu. Steps:
Step 1: Select the coin you want to swap from (e.g., BTC) at the top, and the coin you want to receive (e.g., ETH) at the bottom.
Step 2: Enter the amount to swap. You can enter either the amount to spend or the amount to receive — the system auto-calculates the other.
Step 3: Tap "Preview Conversion" — the system shows the real-time exchange rate and final amount you'll receive. This quote is typically valid for a few seconds.
Step 4: If everything looks right, tap "Convert" and the transaction completes instantly. The swapped assets immediately appear in your spot wallet.
Supported Coins
Binance Convert supports hundreds of cryptocurrencies for mutual exchange, covering virtually all coins listed on Binance. You can swap any supported coin A for coin B, unrestricted by trading pairs.
This is a major advantage over spot trading. On the spot market, swapping ADA to DOT might require selling ADA for USDT first, then buying DOT with USDT. With Convert, this happens in one step.
Convert Fees
Binance Convert charges no visible fees. The exchange rate you see is the final rate — nothing extra is deducted.
However, the Convert rate includes a small spread (typically around 0.1%). This spread is Binance's revenue from the Convert service. For most users, this cost is perfectly acceptable given the convenience.
Small Balance Consolidation
Convert has an extremely practical feature: small asset conversion. If your account has many tiny balances (e.g., various tokens worth less than $1 each), these can't be traded normally on the spot market but can be consolidated into BNB or USDT through Convert's "Small Balance Convert" or "Dust Conversion" feature.
Find the entry on the Convert page, check the small assets you want to consolidate, and convert them all in one click. This keeps your wallet tidy.
Limits and Restrictions
Convert has minimum and maximum amount limits per transaction. Minimums are usually 5–10 USDT equivalent; maximums depend on the specific coin pair and market liquidity — large swaps may need to be split across multiple transactions.
Convert quotes are valid for about 5–10 seconds. If you don't confirm within this window, the price refreshes. During volatile markets, refreshed prices may differ from expectations.
Best Use Cases
Binance Convert is ideal for: quickly swapping one crypto for another, consolidating small scattered balances, casual swaps without studying price charts, bridging between two coins without a direct trading pair.
For large-volume traders seeking optimal pricing, spot market limit orders may yield better fill prices. But for the vast majority of regular users, Convert's convenience and simplicity are unmatched.