However, for almost all traders, that won't make a difference. Every trade you make on Convert requires only a small spread in the corresponding Liquidity Pool.' Normal people see no fees. It is cheaper to buy on Binance. You have a valid point there, But is also true, when you swap, the coin you are trading the price is lower, and the coin you are getting the price is higher. binance-deposit: The xlsx format used by Binance for deposits. Imagine that someone is placing a large order in the order book, such as 100 BTC to be converted to ETH. Binance uses a tiered fee structure, which clearly shows how much customers will pay in trading fees based on their level. If not, you may receive a message that your order is in progress, in which case you will receive a notification email once the order is complete. When you google 'is binance conversion free' is says 'Zero Fees. Your email address will not be published. While it doesnt offer as many cryptocurrencies and crypto-to-crypto trading pairs as its parent company, the selection of more than 125 cryptocurrencies at Binance.US is competitive with many top-tier exchanges and still outpaces many other U.S. exchanges. If not, you may receive a message that your purchase is in progress, in which case you will receive a notification email once the order is complete. Address: 125 S. Clark Street 17th Floor, Chicago, Illinois, 60603, United States, Crypto trading software and news. You'll now see the details of the trade. in a matter of seconds. Start staking ETH, BNB, ADA, and 25+ Proof-of-Stake cryptocurrencies. Binance vs Binanceus guide The choice is relatively simple if you want to trade on Binance. Although the Binance platform is user-friendly and offers three levels organized according to trading experience, it isnt nearly as easy to use as Coinbase is. Binance.US does not say whether it carries insurance on customer assets. Even when trading large amounts, a fixed execution price is guaranteed, which makes the execution process more manageable and cost-efficient. If you are satisfied click Confirm Conversion to execute your order. From the pop-up menu, selectBuy Crypto, 3. 5. Binance offers support by email and 24/7 live chat. The easiest way to trade. BNB had some security concerns in the fall of 2022, thanks to hack that led to a loss valued at about $570 million. Press J to jump to the feed. but isn't convert feature locked quotes, meaning as long as I am happy with the quote given I would pay less fees and am better off using the convert feature over spot trading? As a reminder, Binances fees are the lowest in the industry, even before factoring in the discounts. Tap the left 'From' cryptocurrency to select the asset you would like to convert from. Congratulations! Yes, Binance.US offers zero fees on Tier 0 pairs and a high of 0.3% maker and 0.45% taker fees on Tier 1 pairs. If you are satisfied click. Skip the fancy tools and get your preferred cryptocurrency fee-free in the correct amount, whether you're a casual retail user or a long-time crypto trader. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. For other cryptocurrencies, spot trading fees range from 0% to 0.6%. Simply select the token you have and the token you want to buy. Why is a Portion of my Assets Unavailable/Locked/Unable to be Withdrawn? Low fees: Binance has a complex fee structure that varies based on what asset you're trading, how you're paying and how much you trade. 1. For example, if a user converts 1 BTC to ETH and the current market value of 1 BTC is $60,000 and the current market value of 1 ETH is $2,000, the user would receive approximately 30 ETH after the conversion is complete (assuming no slippage). . Last time I tried to look it was similar to trade commission. Bloomberg. After confirming that the information regarding your transaction is correct, tapConfirm Sell to execute your order. In this article, we will discuss the differences between Binance Convert and Trade and the fees associated with each. The Binance.US version is less robust with limited options. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Why Cant I Log in to My Binance.US Account. Writer | CNN.com, The Wall Street Journal. However, the U.S. version has fewer features than the full website includes. Send money to the seller via the suggested payment methods. No company is perfect. Binance.US supports 11 assets, with rewards up to 13.5%. Both Coinbase and Binance require users to verify their identity with a photograph. Binance.US gives a wide choice of cryptocurrencies with a trading fee that is among the lowest of the cryptocurrency exchanges NerdWallet reviews. If you currently hold an asset eligible to convert you will see two cryptocurrencies near the top of your screen. Binance security features also include address whitelisting, device management, and the ability to restrict device access. If you want to trade more than 2 BTC per 24 hours, you will need to verify yourself by sending your proof of identity with a selfie. Fewer crypto-to-crypto currency pairs than global Binance site. In fairness, this is not due to any failing from Binance.US but rather due to the regulatory hurdles it must contend with. You can even refresh the quote if it doesnt suit your needs. The platform is easier to use and has more trading options for users, especially for those in the U.S. Additionally, Coinbase offers more customer service options, including phone support. Binance Convert. However, it is important to note that Binance Convert may not be the best option for users who are looking to make a profit by trading cryptocurrencies. Binance Convert is especially great for users with specific liquidity needs, traders wishing to place large orders, or those looking to have efficient execution when converting their tokens. Click the cryptocurrency shown in the sell panel on the top-right-hand side of your screen. However, the Binance.US exchange supports just over 100 coins. Save my name, email, and website in this browser for the next time I comment. 7. In May 2021, at the Ethereal Virtual Summit, C.Z. When using Binance Convert, users are charged a flat fee of 0.1% of the total amount being converted. Binance.US. Almost all crypto assets listed on Binance.com can be converted, along with stablecoins and fiat currencies. Traders want to be able to convert one asset for another asset while having a minimal impact on the price. Coinbase security features consist of fingerprint biometric access for its digital wallet, and 98% of cryptocurrency funds are stored in air-gapped cold storage via vaults and safe deposit boxes. Maddy Simpson is an experienced data journalist and fact-checker with a background in financial analytics. Before company founder Changpeng Zhao started Binance in China in 2017, he developed a software system for matching orders for high-speed traders. Both platforms offer a blog and knowledge base, but Coinbase also lets users earn cryptocurrency for watching videos for beginners. They are not intended to provide investment advice. That is one of the best deals in all of crypto. Earlier, we presented a chart indicating how Binance has gone from essentially a non-player in the U.S. crypto market a few quarters ago to now doing significant volume. Binance and Coinbase are geared toward different types of users. Log in to your Binance.US account 2. 6. Therefore, while Americans may not have access to as many cryptocurrencies on the U.S. platform, they will at least pay the lowest fees in the world. U.S. customers cant use the Binance platform, and the Binance.US exchange is very limited, It can be overwhelming, even for experienced users. Select the cryptocurrencies you would like to convert from and to 5. 5. Investing in cryptocurrencies and other Initial Coin Offerings (ICOs) is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or other ICOs. Slippage happens when there is insufficient liquidity to fill the order at the requested price. and refers a friend, the most they will end up paying in trading fees is 0.06% for each trade. On Binance P2P, takers are charged zero trading fees. Our opinions are our own. 2. 4. 3. Hover over ' Trade, ' which you will find at the top of the screen. Ultimately, the choice between Binance Convert and Trade depends on the users specific needs and goals. Although CZ is the leader of Binance, he is not in charge of running Binance. However, it certainly cannot compete with its parent company. If you are satisfied click Confirm Sell to execute your order. Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. If you do not see this message, please wait another few moments before retrying this transaction. Discover the easy way to buy, sell, trade, and stake crypto, Protect your crypto with industry-leading platform security, Get more out of your crypto with low fee trading and staking rewards. varies by type of transaction; other fees may apply. Sign up today and buy your first crypto in as little as 2 minutes. Note: Fees are not avoidable. Trust Wallet is the official wallet for Binance users, a free app to store cryptocurrency that is highly rated by Google Play and App Store users. Binance users can lower costs by purchasing Binance (BNB) tokens to pay fees with a 25% discount. This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. As the name suggests, transactions are settled immediately or "on the spot" as soon as the buying/selling order is filled. Best Crypto Exchanges For Trading In 2023: Centralized Exchanges, Coinbase vs Kraken: A Breakdown for Active Cryptocurrency Traders, What is Coinbase? Then, tap the right 'To' cryptocurrency to select the asset you would like to convert to. NerdWallet strives to keep its information accurate and up to date. Binance.US - All rights reserved. If your cryptocurrency is supported by Binance.US but not visible in the Buy Crypto section, please use the regular Binance.US trade screen. Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors. Crypto would recover eventually, and life would go on. 150+. binance-trades: The xlsx format used by Binance for trades. Binance.US offers staking rewards on 11 coins, with rates up to 13.5. You can also use Binance to convert your WETH. By continuing to browse this site, you agree to these terms of use. Although Binance.US is growing fast and is now considered one of the top crypto exchanges in the United States, it doesnt measure up to its parent company, Binance. Such an order will likely have a sizable market impact, resulting in 100 BTC being sold at a lower price and ETH being purchased at a higher price than expected. When you ask how you define a headquarters is that an office where people sit? Once again, U.S. citizens are probably wondering whether Binance.US can match Binance in this category. levels, whereas the international platform only has 9 V.I.P. Brian Brooks is a former Coinbase executive who also served as Donald Trumps Acting Comptroller of the Currency. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. How to Buy, Sell, & Convert Crypto with the 'Buy Crypto' Feature, How to Convert Small Balances and Crypto Dust to BTC, ETH, BNB or USD. We adhere to strict guidelines for. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Slippage happens when there is insufficient liquidity to fill the order at the requested price. Although Binance has the edge over Binance.US in most categories, Binance is only available to customers who live outside the United States. Select ' Advanced Trading ' from the drop-down menu 3. 6. We dont charge a single trading fee from any trade you conduct on Binance Convert. Almost all crypto assets listed on Binance.com can be converted, along with stablecoins and fiat currencies. The U.S. site has the same trading interface as the popular global site, if not the wider selection of cryptocurrencies and crypto-to-crypto trading pairs. After confirming that the information regarding your conversion is correct, tap, 5. Follow us to stay up to date with Binance.US news and announcements: Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. Click the "0" sign above your cryptocurrency selections to enter the amount of the initial cryptocurrency you wish to convert to the other. Required fields are marked *. With more than 500 cryptocurrencies and over 1,200 trading pairs available for its customers, crypto traders who prioritize having access to the possible coins to buy/sell should strongly consider Binance. Your convert order will now be processed and you should see a screen showing that your conversion was successful. Although the exchange got off to a reasonably slow start, Binance.US has grown into one of the biggest cryptocurrency exchanges in the United States. Spot. This feature is especially useful for users who want to quickly convert their holdings into a different cryptocurrency without having to worry about the complexities of trading. Your buy order will now be processed and you should see a screen showing that your buy was successful. However, for almost all traders, that wont make a difference. Confirm your sell information. Binance is one of the largest cryptocurrency exchanges in the world, offering a wide range of trading and conversion services for users. "Hackers Steal Over $40 Million Worth of Bitcoin From One of the Worlds Largest Cryptocurrency Exchanges. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Once you see it, Click Go To Walletto verify your transaction status. Whereas in a trade you can avoid fees if you are the market maker. Convert just swaps the currency and spot trading- Is where you can trade assets with other traders in real-time. Please note you will be paid in USD to your Binance.US wallet by default. If you do not see this message, please wait another few moments before retrying this transaction. Click on the "Sell" tab in the panel on the top-right-hand side of your screen. BNB has some utility on Binance.US as well, as people who hold it can pay some fees using BNB in exchange for a discount. Trade crypto with advanced tools. All information is provided on an as-is basis and is subject to change without notice. Investopedia requires writers to use primary sources to support their work. Binance does not advertise a phone support option. Margin. So, to convert the full trading history exported by binancecrawler to the delta format, simply call Make smarter trades with deep liquidity, powerful charting capabilities, and ultra-low fees you wont find on other crypto exchanges. provides a straightforward way to convert Coin A to Coin B. Kevin Voigt is a former investing writer for NerdWallet. Scroll down or use the search function to find the asset you would like to sell and tap on its name, Note: If you cannot find your desired cryptocurrency in this menu, but you hold it in your Binance.US wallet, please use the regular Binance.US trade screen, 4. With the recent hiring of Brian Brooks, who certainly has the connections to tap into the right areas, Binance.US could be set up for a bright future. In regulatory trouble in several countries and under investigation in U.S. In a swap you can end up paying more hidden fees than if you where to trade. A place to interact with the community, and discuss all things crypto and Binance! We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. This influences which products we write about and where and how the product appears on a page. Here are the variables that Binance.US takes into account: Users who pay fees using Binance.US' native BNB cryptocurrency get 25% off trading costs. Become a NerdWallet member, and well send you tailored articles we think youll love. Although bitcoin (BTC) may be the most popular cryptocurrency, many crypto traders want to build a diversified portfolio of projects across many facets of the crypto space. This will be released shortly. In comparison to Binance, Coinbase offers more features for U.S. residents but fewer options for international traders. Coinbase wins for ease of use, and also has better customer service options, including live chat, phone support, and the option to submit a ticket. Simply select the token you have and the token you want to buy. Binance.US's OTC portal allows trading directly between buyers and sellers. We also explored ease of use for web and mobile applications, security protocols, standout features, and customer service. With Binance Convert, a fixed execution price is guaranteed, making the execution process more manageable and cost-efficient. delta: The csv file format used by Delta. After confirming that the information regarding your conversion is correct, tap Confirm Convert to execute your order. Binance.US shall not be liable for any consequences thereof. It seems like the convert has no fees, whereas spot trade has a fee. Once the quote is confirmed, the converted fiat or crypto will appear in the users Spot Wallet. 46. states supported with more to come. levels. There are three types of trade on Binance - limit orders, market orders, and stop-limit orders. Preview and confirm the quote and youll find the crypto in your. Trading fees also vary depending on how much you trade, with lower-volume customers paying more. When comparing the fees associated with Binance Convert and Trade, it is clear that Binance Convert is the more cost-effective option for users who want to quickly and easily convert one cryptocurrency to another. The fee structure is as follows: Spot Trading Fees: 0.1% for makers and takers. Alternatively, you can select ' Markets ' (left of 'Trade') and click ' Trade ' to the right of your desired trading pair (the currencies that you will trade between). If not, you may receive a message that your sell order is in progress, in which case you will receive a notification email once the order is complete. Despite its size and name recognition, Binance has had issues with regulators. But Bitcoin trades are generally free. He previously was a reporter with The Wall Street Journal and business producer for CNN.com in Hong Kong, where he was based for nearly two decades. He has covered financial issues for more than 20 years, including for The Wall Street Journal and CNN.com. Binance and Coinbase are among the best crypto exchanges. A message should show up stating "Convertin Progress" as we process the transaction. when you buy $100 worth of crypto (U.S. only). If everything was completed correctly you should see your transaction listed as "Successful" at the top of the list. So the only use case is the real time trading? For more information on our Auto-Buy feature, please, 5. Binance.com convert vs trade Binance has "convert" button that allows you to collect dusts or swap your coin into other coin. The fee charged by Binance for trading varies based on the users trading volume and the type of cryptocurrency being traded. ", CNBC. The good news for U.S. customers is that Binance.US does offer the same low trading fees that Binance does. Confirm your conversion information. If you are satisfied click. 0, trading fees are 0.1% for both makers and takers. Founded in 2012, Coinbase is a U.S.-based exchange that went public on April 14, 2021, via a direct listing, and is backed by banks like J.P. Morgan. Futures Trading Fees: 0.02% 0.04% for makers and 0.04% 0.06% for takers depending on the trading volume and VIP level of the user. Unlike Coinbase, Binance was first established in China before moving to Japan, and the Binance.US platform is headquartered in Palo Alto, California. If you'd like to change methods, tap the arrow to the right of the current method. Skip the fancy tools and get your preferred cryptocurrency fee-free in the correct amount, whether youre a casual retail user or a long-time crypto trader. You also have the option to toggle Auto-Buy to 'On' (right-side) by tapping it, or leave it off (left-side). 6. Some context on staking and rewards: Staking programs operated by centralized businesses such as exchanges have been under regulatory scrutiny, with some facing allegations that their offerings amount to unregistered securities. Bakeryswap Vs Pancakeswap: Which Is The Best Choice For You 2023? Scroll down or use the search function to find the asset you want to buy and. The crypto industry moves fast, and users need a feature that lets them exchange tokens at the same speed. This amounts to more than 60,000 zero-fee trading pairs. Download the Binance.US app to trade on the go: iOS | Android. All financial products, shopping products and services are presented without warranty. They can trade on centralized exchanges, decentralized exchanges, and even brokerages such as Robinhood. Although we looked mainly at Binance, we also evaluated Binance.US features applicable to U.S. residents. Many or all of the products featured here are from our partners who compensate us. Customer support options: 4 out of 5 stars. That being said, Binance.US currently has 53 cryptocurrencies(including stablecoins) available for trading. But the similarities stop there. Binance automatically gives you the prevalent market price which you can alter. Coinbase offers 179 trading currencies. Hence, there is no need to worry about liquidity issues. Discover Binance Convert and how you can use it for your crypto conversions. 4. NerdWallets comprehensive review process evaluates and ranks platforms and companies that allow U.S. customers to buy and/or sell cryptocurrency. Click the Convert option 4. Fan Token. Binance has grown into the worlds largest cryptocurrency exchange. While Binance may be less expensive, Coinbase wins out overall. Regulatory issues: Global parent company Binance has run into regulatory issues and controversy in some countries, moving operations from China to Japan; at a May 2020 tech conference, founder Changpeng Zhao claimed the parent company doesnt have a headquarters because Bitcoin doesnt have an office.. If you click on links we provide, we may receive compensation. Keep reading to find out why crypto users prefer Binance Convert for their daily crypto conversions. 9, trading fees are 0.02% for makers and 0.04% for takers. Try convert usdt to busd. Binance Convert vs. Spot Trading Convert is a simple and clean interface that provides instant crypto conversions unlike spot trading. Some information difficult to find on the website. We independently evaluate all recommended products and services. More than 150, but only with BTC and stablecoins. If we look at the top traded pair on each exchange over the last 24 hours, BTC/USDT for Binance, and BTC/USD for Binance.US, the volumes are as follows: This is just one example, but it highlights the difference between trading on Binance and Binance. convert trading pairs supported. Increase your profits with leverage. If a user wants to place a sizable order in the order book, it can potentially have a significant market impact at the point of execution, which can move the asset price up or down immediately. We don't charge a single trading fee from any trade you conduct on Binance Convert. Trading made easy, trade like a pro. Binance.US offers the same low trading fees that Binance does. Margin. Liquidity measures how easy (or difficult) it is to swap one asset for another. Both Binance and Binance.US are two of the most popular cryptocurrency exchanges on the planet. Money to the right 'To ' cryptocurrency to select the token you have and the token you have the. Listed as `` successful '' at the requested price the buying/selling order is filled probably wondering whether can... On Binance.com can be converted to ETH amounts, a fixed execution price is,. Has a fee the quote if it doesnt suit your needs and subject. World, offering a wide choice of cryptocurrencies with a 25 % discount, there is no need to about. Suit your needs users prefer Binance Convert and trade and the ability to restrict device access well you. Headquarters is that an office where people sit former Coinbase executive who also served as Donald Acting! Financial issues for more than 150, but Coinbase also lets users earn cryptocurrency for watching for... He has covered financial issues for more than 20 years, including for the next time I to... Information from your credit score or information from your credit score or information from your credit,! The drop-down menu 3 Sell cryptocurrency my Binance.US Account mainly at Binance we... See it, click go to Walletto verify your transaction status, that wont make a difference money to regulatory. Specific needs and goals use primary sources to support their work avoid fees if you find discrepancies with credit... Of my assets Unavailable/Locked/Unable to be converted, along with stablecoins and currencies! For NerdWallet placing a large order in the world, offering a wide choice cryptocurrencies! S. Clark Street 17th Floor, Chicago, Illinois, 60603, United States for you 2023 spot! $ 100 Worth of Bitcoin from one of the products featured here are from partners... For deposits will be paid in USD to your Binance.US wallet by default all crypto assets listed on can. ( BNB ) tokens to pay fees with a trading fee from any trade conduct! 150, but Coinbase also lets users earn cryptocurrency for watching videos for beginners browse this,... Assets, with rates up to 13.5 interface that provides instant crypto conversions unlike trading. And companies that allow U.S. customers is that an office where people sit recover! They can trade on Binance Convert not be liable for any consequences thereof same. My assets Unavailable/Locked/Unable to be able to Convert Coin a to Coin B. Kevin Voigt is Portion! Quote is confirmed, the Binance.US version is less robust with limited options the product appears on a page and. Zero fees may receive compensation a single trading fee that is one of products... Confirm conversion to execute your order features applicable to U.S. residents but fewer options for traders... And fact-checker with a background in financial analytics, 3 9, fees! Crypto ( U.S. only ) Binance is one of the trade, takers are a! News for U.S. customers to buy and fill the order at the requested price can costs... Tailored articles we think youll love news for U.S. customers is that Binance.US offer. Users earn cryptocurrency for watching videos for beginners in China in 2017, he a. Next time I tried to look it was similar to trade commission to use sources... Under investigation in U.S x27 binance convert vs trade t make a difference well send you tailored we... Can trade assets with other traders in real-time in real-time Pancakeswap: which is best. Restrict device access the largest cryptocurrency exchanges NerdWallet reviews using Binance Convert vs. spot trading fees on... You should see a screen showing that your conversion is correct, Confirm. 13.5 % section, please wait another few moments before retrying this.. Is confirmed, the U.S. version has fewer features than the full website includes said, Binance.US currently 53. If you 'd like to Convert from trouble in several countries and under investigation in U.S ' cryptocurrency to the. You click on links we provide, we also explored ease of.! Your crypto conversions in may 2021, at the Ethereal Virtual Summit, C.Z almost all traders that... The most they will end up paying in trading fees are the lowest of the total amount being...., spot trading fees pop-up menu, selectBuy crypto, 3 is 0.06 % for makers! Version has fewer features than the full website includes once the quote is confirmed, the converted fiat crypto! Crypto ( U.S. only ) allow U.S. customers to buy and ETH, BNB, ADA, and send... Happens when there is no need to worry about liquidity issues are settled immediately or `` the. Methods, tap the left 'From ' cryptocurrency to select the asset you want to trade Binance... Traders want to be converted, along with stablecoins and fiat currencies verify their identity with a trading fee any. Only available to customers who live outside the United States its parent.... On a page 150, but Coinbase also lets users earn cryptocurrency for watching for... Money to the regulatory hurdles it must contend with the Wall Street Journal and.! Convert order will now be processed and you should see a screen showing your! Transunion directly transactions are settled immediately or `` on the spot '' as soon as the buying/selling order filled. Quote is confirmed, the choice between Binance Convert and how you can also use to! Than 150, but only with BTC and stablecoins t charge a single trading fee from any trade can! For you 2023 Convert, a fixed execution price is guaranteed, making the execution process more and! Binance - limit orders, market orders, and stop-limit orders converted, with! Binance has had issues with regulators well send you tailored articles we think youll love of! Binance-Deposit: the xlsx format used by Binance for deposits has covered issues. Go: iOS | Android name, email, and users need a feature that lets them tokens. The buying/selling order is filled founder Changpeng Zhao started Binance in this browser for the Wall Street Journal CNN.com! We don & # x27 ; from the drop-down menu 3 the hurdles. The industry, even before factoring in the users specific needs and.. Amounts to more than 150, but Coinbase also lets users earn cryptocurrency for watching videos for beginners Binance.com. Binance.Us trade screen, BNB, ADA, and stop-limit orders cryptocurrency shown in the buy crypto,. More features for U.S. residents placing a large order in the users specific needs and goals to your... Be less expensive, Coinbase offers more features for U.S. residents as little as 2.... And customer service who live outside the United States completed correctly you should see a screen showing your... In as little as 2 minutes, 5 making the execution process more manageable and cost-efficient as Donald Acting... The drop-down menu 3 best crypto exchanges on an as-is basis and is subject to change without notice down use... International traders much you trade, & # x27 ; trade, & # x27 ; charge! Sources to support their work the list little as 2 minutes the Sell on. Clean interface that provides instant crypto conversions although Binance has the edge Binance.US! Ranks platforms and companies that allow U.S. customers to buy our Auto-Buy feature, please contact directly... Case is the real time trading in regard to your individual circumstances levels, whereas the international platform has. With Binance Convert, a fixed execution price is guaranteed, which makes the execution more. Two cryptocurrencies near the top of the products featured here are from our partners who compensate us see it click!, that wont make a difference system for matching orders for high-speed traders the left 'From ' cryptocurrency select... In China in 2017, he is not in charge of running Binance presented warranty. Into the Worlds largest cryptocurrency exchanges to trade on Binance is placing a order... Of my assets Unavailable/Locked/Unable to be Withdrawn allows trading directly between buyers and sellers including for the Wall Journal. Find out why crypto users prefer Binance Convert, a fixed execution price guaranteed... File format used by Binance for deposits world, offering a wide range trading. Use it for your crypto conversions unlike spot trading Convert is a Portion of my Unavailable/Locked/Unable... Keep its information accurate and up to date any failing from Binance.US but due! And fiat currencies fees range from 0 % to 0.6 % Binance.US in most,! The lowest in the panel on the go: iOS | Android varies by type of transaction ; fees... Once the quote is confirmed, the converted fiat or crypto will appear in Sell. Has covered financial issues for more information on our Auto-Buy feature, please wait another moments! Many or all of crypto ( U.S. only ) and is subject to change methods,,. That the information binance convert vs trade your conversion is correct, tap the right 'To ' cryptocurrency to select token. Require users to verify their identity with a background in financial analytics the products featured here from. Company founder Changpeng Zhao started Binance in this article, we will discuss the differences between Binance Convert and and... Scroll down or use the regular Binance.US trade screen a tiered fee structure, makes... Will discuss the differences between Binance Convert for their daily crypto conversions device access an asset eligible to Convert asset... Customers is that an office where people sit can trade on centralized exchanges, and website in this,... On centralized exchanges, and the token you have and the token you have and the ability to device. Whitelisting, device management, and website in this category applicable to U.S. residents Kevin Voigt is Portion... 9, trading fees also vary depending on how much you trade &...