Binance, one of the world’s leading cryptocurrency exchanges, allows users to seamlessly convert any supported coin into Tether (USDT). Whether you’re trading BTC to USDT, BUSD to USDT, or other pairs, this guide simplifies the process while covering essential steps, fees, and best practices.
Step-by-Step Guide to Convert Coins to USDT
1. Log In to Your Binance Account
- Access the Binance Exchange and log in.
- Complete 2FA verification if enabled for security.
2. Navigate to the “Trade” Section
- Select “Convert” (for spot conversions) or “Spot Trading” (for advanced trades).
3. Select Your Coin Pair
- Choose the coin you want to convert (e.g., BNB, TRX, BUSD) and select USDT as the target.
4. Review Conversion Rates & Fees
- Binance charges a 0.1% trading fee for most conversions (discounts apply for using BNB to pay fees).
- Check real-time rates before confirming.
5. Confirm the Conversion
- Enter the amount and click “Preview Conversion” → “Confirm”.
6. Check Your Wallet
- The converted USDT will reflect in your Spot Wallet within seconds.
Key Features of Binance Coin Conversion
✅ Wide Coin Support: Convert BTC, BNB, TRX, BUSD, and 500+ other cryptocurrencies.
✅ Low Fees: Competitive 0.1% fee structure.
✅ Instant Settlement: Most conversions complete in under 5 seconds.
👉 Explore Binance’s conversion tools here
Binance Conversion Fees Explained
| Conversion Type | Fee (Regular) | Fee (Using BNB) |
|---|---|---|
| Spot Trading | 0.1% | 0.075% |
| Instant Swap | 0.1–1%* | N/A |
Fees vary for stablecoin pairs like BUSD/USDT*.
FAQs
1. Can I convert BUSD to USDT for free?
- No, but Binance offers low fees (0.1% or lower with BNB discounts).
2. Why choose USDT over other stablecoins?
- USDT is the most widely accepted stablecoin, ensuring liquidity across exchanges.