How to change the currency display in the Binance app?

Understanding Currency Display Options on Binance

The Binance app provides users with a variety of settings to customize their trading experience, including the ability to change the currency displayed throughout the interface. This feature is especially useful for traders who prefer to view balances and prices in fiat currencies like USD or EUR, or in alternative cryptocurrencies such as BTC or ETH. By adjusting this setting, users can tailor how asset values are shown across portfolios, charts, and trade interfaces.

Currency display settings do not affect actual balances or transaction values. They only influence how those values appear visually within the app.

Changing the Fiat Currency Display Setting

To adjust the primary fiat currency shown in your Binance app:

• Open the Binance mobile app and log into your account.
• Tap the 'Profile' icon located in the bottom right corner.
• Scroll down and select 'Settings' from the list.
• Choose 'General' under the Settings menu.
• Tap 'Currency' under the 'Region & Language' section.
• Select your preferred fiat currency (e.g., USD, EUR, GBP) from the available options.
• Confirm your selection by tapping 'Save' or returning to the previous screen.

After changing the fiat currency, all price displays involving stablecoins or crypto-to-fiat pairs will reflect this new setting.

Using Crypto as the Base Display Currency

For advanced traders, Binance allows switching the base currency used for valuation to a cryptocurrency instead of a fiat currency. This is particularly useful when analyzing altcoin performance relative to major coins like BTC or ETH.

To set a crypto coin as the base value:

• Navigate to the 'Home' tab or portfolio section.
• Look for the '≡' or '...' menu button at the top left or right of the screen.
• Find and tap 'Display currency' or 'Valuation currency' option.
• From the pop-up menu, choose a cryptocurrency such as BTC, ETH, USDT, or BNB.
• The app will now show all assets valued against the selected cryptocurrency.

This setting changes how your total portfolio is calculated and how individual asset values appear across the platform.

Customizing Currency Display in Trading Pairs

While global display settings apply to your overall portfolio, you may also want to customize which currency pairs appear during trading. This involves selecting specific trading pairs based on your preferred quote currency.

To filter trading pairs:

• Open the 'Trade' section of the Binance app.
• Tap the search bar or pair selector.
• Use the filtering tools to sort by quote currency (e.g., USDT, BTC, BNB).
• Alternatively, use the search function to look up a specific trading pair like ETH/USDT or SOL/BTC.
• Once selected, the trading interface will display prices and order books based on that pair.

You can switch between different trading pairs quickly using the pair selection tool at the top of the trading screen.

Managing Multiple Currencies in Portfolio View

If you hold multiple types of currencies, including both fiat and crypto, you may want to manage how they appear in your portfolio summary. While Binance defaults to a single valuation currency, it still shows balances in all held currencies.

To view all currency balances:

• Go to the 'Wallet' section in the app.
• Tap 'Overview' or 'Balances' depending on your version.
• You'll see a breakdown of your holdings in various currencies.
• To hide or show certain currencies, tap 'Manage visibility' or 'Filter'.
• Toggle on or off the currencies you wish to display or hide.

This functionality helps declutter your wallet view without affecting actual balances or withdrawal capabilities.

Frequently Asked Questions

Q: Can I have multiple display currencies active at once in the Binance app?A: No, the Binance app only allows one display currency to be active at any given time. However, you can manually switch between currencies as needed through the settings.

Q: Does changing the display currency affect trading fees or transaction costs?A: No, changing the display currency has no impact on actual trading fees, withdrawal costs, or transaction pricing. It only alters how values appear visually.

Q: Will my deposit and withdrawal history reflect the new display currency?A: Transaction records always show the original currency used. The display currency setting affects only current valuations and balance summaries.

Q: Can I change the currency display on the Binance website the same way as the app?A: Yes, similar options exist on the desktop version of Binance. However, the navigation path may differ slightly, typically found under 'User Settings' or 'Preferences.'