how to convert btc to usdt on kucoin

To convert Bitcoin (BTC) to Tether (USDT) on KuCoin, follow these steps: deposit BTC, create a BTC/USDT trading pair, place a limit order indicating the amount of BTC to sell and desired USDT price, confirm the trade, and verify the transaction in the "Orders" section.

Oct 31, 2024 at 10:03 pm

How to Convert BTC to USDT on KuCoin

Step 1: Register for a KuCoin Account

• Visit the KuCoin website and click on "Sign Up."
• Complete the registration form by providing your email address, password, and referral code (optional).
• Verify your email address by clicking on the link sent to your inbox.

Step 2: Deposit BTC

• Log in to your KuCoin account and navigate to the "Assets" section.
• Click on "Deposit" and select "BTC" as the cryptocurrency.
• Copy the provided deposit address.
• Send your BTC from your external wallet to this deposit address.

Step 3: Create a Trading Pair

• Navigate to the "Markets" section in KuCoin.
• Search for the BTC/USDT trading pair.
• Click on the pair name to open the order screen.

Step 4: Place a Limit Order

• In the order screen, select "Limit Order."
• Enter the amount of BTC you want to sell (under "Sell BTC").
• Enter the price (in USDT) at which you want to sell it.
• Click on "Sell BTC."

Step 5: Confirmation

• A confirmation window will appear. Review the details and click on "Confirm" to execute the order.

Step 6: Transaction History

• Once the order is executed, you can view the transaction history in the "Orders" section under "My Orders."

Note:

• KuCoin supports market orders and stop-limit orders in addition to limit orders.
• The exchange may charge a small fee for converting cryptocurrencies.
• If you are new to cryptocurrency trading, it is advisable to start with small amounts and gradually increase your trading volume as you gain experience.