how to convert binance btc to usdt

To convert Bitcoin (BTC) to Tether (USDT) on Binance, simply log in, navigate to the Spot Trading page, find the BTC/USDT pair, enter the conversion amount, select the order type, and place the order.

Oct 28, 2024 at 02:18 am

How to Convert Binance BTC to USDT

Step 1: Log in to Your Binance Account

• Visit the Binance website or open the mobile app.
• Enter your login credentials.

Step 2: Navigate to the Spot Trading Page

• Click the "Trade" tab on the top menu.
• Select "Spot" from the dropdown menu.

Step 3: Find the BTC/USDT Trading Pair

• In the search bar, type "BTC/USDT" or scroll down and find the pair under "Favorite Markets."

Step 4: Enter the Conversion Amount

• In the "Amount" field, enter the amount of BTC you want to convert.
• The "Estimated Value" field will automatically show the estimated amount of USDT you will receive.

Step 5: Select the Order Type

• Choose the type of order you want to place:

  • Limit Order: Specify both the price and the amount.
  • Market Order: Execute the order immediately at the current market price.

Step 6: Place the Order

• Click the green "Sell BTC" button if you want to convert your BTC to USDT.
• Click the red "Buy BTC" button if you want to convert your USDT to BTC.
• The order will be submitted and executed once the price conditions are met.

Step 7: Monitor the Order

• You can track the status of your order in the "Open Orders" tab under "Trade History."
• When the order is filled, the BTC will be converted to USDT and deposited into your Binance Spot Wallet.