how to convert usdt to shiba inu in binance

To convert USDT into Shiba Inu (SHIB) on Binance, users can navigate to the trade page, select the USDT/SHIB trading pair, enter the desired amount, and click "Buy SHIB" to place the order.

Oct 17, 2024 at 10:42 am

How to Convert USDT to Shiba Inu (SHIB) on Binance

Step 1: Create a Binance Account

If you don't have a Binance account, you need to create one at www.binance.com.

Step 2: Deposit Funds

You can deposit USDT into your Binance account using a credit/debit card or bank transfer.

Step 3: Go to the Trade Page

Once you have USDT in your account, go to the trading page and select the USDT/SHIB trading pair.

Step 4: Select the Spot Trading Mode

Default, it's gonna provide you with two different markets, the spot market or the margin market. You wanna make sure you're in the spot market.

Step 5: Enter the Amount

In the trading interface, enter the amount of USDT you want to convert into SHIB.

Step 6: Select the Order Type

You can choose between a market order or a limit order. A market order will execute immediately at the current market price, while a limit order will only execute if the price reaches your specified limit.

Step 7: Place the Order

Once you have selected the order type and entered the amount, click the "Buy SHIB" button to place the order.

Step 8: Confirm the Order

Binance will ask you to confirm the order details before it is executed. Check the details and then click "Confirm".

Step 9: View Your SHIB Balance

Once the order is executed, your SHIB balance will be updated in your Binance wallet. You can also view your order history in the "Completed Orders" section of the trading page.

Additional Information:

You will need to pay a small trading fee when converting USDT to SHIB.
The conversion rate may fluctuate depending on the market conditions.
Binance offers multiple ways to purchase SHIB, including credit/debit card, bank transfer, and P2P trading.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

XOR

$0.00

35.69%

Trade Now
SNT

$0.0401

21.96%

Trade Now
NPC

$0.0148

21.28%

Trade Now
TIBBIR

$0.1285

20.21%

Trade Now
KTA

$1.04

18.85%

Trade Now
VADER

$0.0627

16.79%

Trade Now

Latest Crypto News

2025-W Uncirculated American Gold Eagle and Dr. Vera Rubin Quarter Mark New Products
2025-06-13 06:25:13
Ruvi AI (RVU) Leverages Blockchain and Artificial Intelligence to Disrupt Marketing, Entertainment, and Finance
2025-06-13 07:05:12
H100 Group AB Raises 101 Million SEK (Approximately $10.6 Million) to Bolster Bitcoin Reserves
2025-06-13 06:25:13
Galaxy Digital CEO Mike Novogratz Says Bitcoin Will Replace Gold and Go to $1,000,000
2025-06-13 06:45:13
Trust Wallet Token (TWT) Price Drops 5.7% as RWA Integration Plans Ignite Excitement
2025-06-13 06:45:13
Ethereum (ETH) Is in the Second Phase of a Three-Stage Market Cycle
2025-06-13 07:25:13

Related knowledge

Gate.io DEX connection tutorial: detailed explanation of decentralized trading operation steps

Jun 12,2025 at 08:04pm

Connecting to Gate.io DEX: Understanding the BasicsBefore diving into the operational steps, it is crucial to understand what Gate.io DEX is and how it differs from centralized exchanges. Unlike traditional platforms where a central authority manages user funds and trades, Gate.io DEX operates on blockchain technology, allowing users to trade directly f...

Gate.io account backup suggestions: precautions for mnemonics and private key storage

Jun 12,2025 at 10:56am

Understanding the Importance of Mnemonics and Private KeysIn the world of cryptocurrency, mnemonics and private keys are the core elements that grant users ownership over their digital assets. When using Gate.io or any other crypto exchange, understanding how to securely manage these components is crucial. A mnemonic phrase typically consists of 12 or 2...

Gate.io lock-up financial management tutorial: steps for participating in high-yield projects and redemption

Jun 13,2025 at 12:43am

What Is Gate.io Lock-Up Financial Management?Gate.io is one of the world’s leading cryptocurrency exchanges, offering users a variety of financial products. Lock-up financial management refers to a type of investment product where users deposit their digital assets for a fixed period in exchange for interest or yield. These products are designed to prov...

Gate.io multi-account management: methods for creating sub-accounts and allocating permissions

Jun 15,2025 at 03:42am

Creating Sub-Accounts on Gate.ioGate.io provides users with a robust multi-account management system that allows for the creation of sub-accounts under a main account. This feature is particularly useful for traders managing multiple portfolios or teams handling shared funds. To create a sub-account, log in to your Gate.io account and navigate to the 'S...

Gate.io price reminder function: setting of volatility warning and notification method

Jun 14,2025 at 06:35pm

What is the Gate.io Price Reminder Function?The Gate.io price reminder function allows users to set up custom price alerts for specific cryptocurrencies. This feature enables traders and investors to stay informed about significant price changes without constantly monitoring market data. Whether you're tracking a potential buy or sell opportunity, the p...

Gate.io trading pair management: tutorials on adding and deleting watchlists

Jun 16,2025 at 05:42am

What Is a Watchlist on Gate.io?A watchlist on Gate.io is a customizable feature that allows traders to monitor specific trading pairs without actively engaging in trades. This tool is particularly useful for users who want to track the performance of certain cryptocurrencies or trading pairs, such as BTC/USDT or ETH/BTC. By organizing frequently watched...