how to convert dogecoin to usdt on binance

To convert Dogecoin (DOGE) to Tether (USDT) on Binance, create an account, deposit DOGE, select the DOGE/USDT trading pair, place a trade order, confirm the transaction, and verify the USDT balance.

Oct 19, 2024 at 10:30 am

How to Convert Dogecoin (DOGE) to Tether (USDT) on Binance

Step 1: Create a Binance Account

Create a Binance account if you don't have one. You'll need to provide personal information, verify your identity, and set up two-factor authentication.

Step 2: Deposit Dogecoin (DOGE)

• Go to the "Wallet" section and select "Spot Wallet."
• Search for "DOGE" and click "Deposit."
• Choose the deposit network (e.g., Dogecoin network) and copy the deposit address.
• Transfer DOGE from your other wallet or exchange to this deposit address.

Step 3: Convert DOGE to USDT

• Navigate to the "Trade" section and select "Classic" or "Advanced."
• Search for the DOGE/USDT trading pair.
• On the trading page, select "Market" or "Limit" order type.
• Enter the amount of DOGE you want to convert and click "Sell DOGE."

Step 4: Confirm the Transaction

• Review the transaction details carefully, including the amount of DOGE to be sold, price, and estimated USDT amount received.
• If all details are correct, click "Confirm Sale."

Step 5: Check Your USDT Balance

• Once the transaction is complete, the USDT you received will be credited to your spot wallet.
• Go to the "Wallet" section and select "Spot Wallet" to verify your USDT balance.