how to convert bitcoin to usdt on bybit

To convert Bitcoin to Tether on Bybit, you'll need to create an account, deposit BTC, and utilize the "Convert" feature in the "Trading" section.

Oct 27, 2024 at 05:23 am

Step 1: Create a Bybit Account

If you don't already have one, sign up for a Bybit account via their official website or mobile app. Complete the registration process by providing your email, password, and personal information.

Step 2: Deposit Bitcoin into Bybit

To convert Bitcoin (BTC) to Tether (USDT), you'll need to transfer your BTC to Bybit. Click on the "Assets" tab in your Bybit account and select "Deposit." Choose BTC as the deposit currency and generate a deposit address. Transfer your BTC from an external wallet or exchange to the Bybit deposit address.

Step 3: Navigate to the Convert Feature

Once your BTC has been deposited and credited to your Bybit account, locate the "Convert" feature in the "Trading" section. This will open a conversion interface.

Step 4: Select BTC and USDT

In the "Convert From" field, select Bitcoin (BTC). In the "Convert To" field, select Tether (USDT). Enter the amount of BTC you wish to convert.

Step 5: Review and Confirm

Review the conversion details, including the exchange rate, transaction fee, and estimated USDT amount. If everything looks correct, click "Convert Now" to execute the conversion.

Step 6: Receive USDT

After the conversion is successful, the specified amount of USDT will be credited to your Bybit account. You can now use your USDT for trading, withdrawals, or other operations.