How to Use the Convert Feature
The Convert feature lets you swap between any two supported assets instantly without needing to navigate the order book or find a specific trading pair.
How It Works
- Navigate to Trade > Convert from the top menu.
- Select the From currency (the asset you want to sell).
- Select the To currency (the asset you want to buy).
- Enter the amount you want to convert.
- Review the quoted rate and estimated amount you will receive.
- Click Convert to execute.
The quoted rate is locked for 10 seconds. If the timer expires, click Refresh to get a new quote.
Key Features
- No order book required — Works for any asset pair, even if a direct trading pair does not exist.
- Instant execution — No waiting for your order to fill.
- Simple interface — Designed for beginners who prefer a straightforward experience.
- Preview before confirming — You see exactly what you will receive before executing.
Convert vs. Spot Trading
| Feature | Convert | Spot Trading |
|---|---|---|
| Speed | Instant | Depends on order type |
| Interface | Simple | Advanced |
| Price control | No (quoted rate) | Yes (limit orders) |
| Fee | Built into spread | Explicit maker/taker fee |
Supported Assets
Convert supports all assets listed on ByteExchange. You can swap between crypto-to-crypto or crypto-to-fiat combinations.
Tips
- Convert is ideal for small amounts and quick swaps.
- For larger amounts, spot trading with limit orders typically offers better pricing.
- Check the spread by comparing the Convert rate to the spot market price.