Bybit Convert is a user-friendly tool that allows seamless cryptocurrency trades without traditional fees, offering both instant and limit-order modes.
๐ Master Crypto Conversions with Bybit Convert
Key Notes Before Converting
Supported Accounts:
- Instant mode: Funding Account and Unified Trading Account.
- Limit mode: Funding Account only.
Restrictions:
- Reward balances cannot be converted.
- Real-time rates reflect the best market quotes.
- Minimum/maximum limits apply per token (details here).
How to Convert Assets
Step 1: Access Bybit Convert
- Log in to the Bybit App.
- Tap Assets โ Convert.
Step 2: Choose Conversion Mode
Select Instant (immediate execution) or Limit (set your preferred rate).
Step 3: Execute Your Conversion
A. Instant Mode
- Select Account: Funding or Unified Trading.
- Choose Assets: Pick the token pair.
- Enter Amount: Type the value or click Max.
- Preview Quote: Review the rate and click Confirm.
๐ Optimize Conversions with Instant Mode
Note:
- Rates refresh every 15 seconds. Extreme volatility may cancel orders.
- Cross-margin positions may affect liquidation prices.
B. Limit Mode
- Select Asset: Search or browse tokens.
- Set Amount: Enter quantity or use Max.
- Define Rate: Specify your desired price/BTC value.
- Place Order: Click Confirm Trade.
Note:
- Orders expire in 30 days if unfilled.
- Locked funds release upon completion/cancellation.
Tracking Conversion History
Tap the History Icon to view:
- Active Orders: Cancel pending limit orders.
- Completed Orders: Filter by date/status.
FAQ
1. Can I convert rewards to other tokens?
No. Reward balances are non-convertible.
2. Why did my instant order fail?
Rates fluctuate every 15 seconds. Extreme market shifts may prevent execution.
3. How long do limit orders last?
30 days. Unfilled orders auto-cancel.
4. Where do converted funds go?
Assets deposit into the account used for conversion.