1. Does BingX Convert have any fees?
The trading fee for the BingX Convert feature is 0.2%. The conversion rate is a comprehensive rate derived based on factors such as the total trading volume on BingX, rates from multiple spot exchanges and market depth. As the market is subject to dynamic changes, the data is for reference only and the actual result shall prevail.
2. What are the advantages of BingX Convert, and how can I use it?
BingX Convert is a streamlined trading tool that allows you to quickly convert cryptocurrencies based on market conditions without needing to complete KYC verification. The conversion process is simple and quick, eliminating the difficulties from using the complex trading interface. See also: How to Convert Your Assets.
3. Is there a limit on the amount for a single conversion?
The maximum amount for a single conversion depends on your selected cryptocurrency/trading pair. Please refer to the actual amount displayed on the Convert page. If the entered conversion amount is below the minimum limit for a single conversion, it will not be filled. In such cases, the system will provide details on the minimum amount required for a single conversion.
4. How are BingX Convert settled?
In most cases, Convert transactions will be settled in your Fund Account. Settlements are typically instant, but might require a few minutes in certain situations. Please wait briefly to check for the funds.
5. How many cryptocurrencies are supported for BingX Convert?
Currently, BingX Convert supports over 10+ major cryptocurrencies, including BTC, ETH, USDT, XRP and more. For more details, please refer to the product page.
6. How do I check my conversion records?
Log in to your BingX account, visit Convert page and click "Convert History" to view your conversion records on the Asset Records page.
7. Why am I getting the "Insufficient balance" prompt?
Please transfer the assets you intend to convert to your Fund Account before converting. Otherwise, the system will notify you of "Insufficient balance" and the conversion will not proceed. For example, if you wish to convert your USDT to 10 ETH, assuming the current ETH price is 2,000 USDT, your Fund Account should have a minimum of 20,000 USDT to complete the conversion.