Once registered with a Bit.com account, you can make conversions between different assets on the platform.
Firstly, ensure you have the assets you wish to convert:
1) Transfer the assets from your futures account to your balance account by clicking the【Transfer】button.
2) You can also choose to deposit to top up your wallet.
Convert assets on the 「Convert」 page.
1) Select asset pairs:
To execute, scroll down to select the asset you want to sell or to buy
2) Get Quotes:
Upon entering the amount you want to buy or want to sell, the system will provide you with an instant quote for the asset pair. The quote will refresh every 5 seconds.
3) Place an order
Click 【Confirm】within 5 seconds of the quote validity period, an order will be successfully placed.
4) Transaction Successful
You can check your order status under order history. Generally it only takes a few seconds for your order status to change from 【Pending】to【Complete】.Once completed, Check out your converted assets in your balance account.
FAQ
1) Q: Is there any limit for the number of assets to be converted?
A: Yes, you can view the minimum and maximum quantity of assets that can be converted in the box that appear upon initiating a trade.
2) Q: How is the transaction to be settled?
A: The transaction is settled directly to your Bit.com balance account. The automatic settlement generally completes within seconds after submitting the order.
3) Q: Are there any fees with the Convert service?
A: The Convert itself does not incur any transaction fees. However, please note that the convert price may be a little different to spot market prices on other exchanges.
4)Q:Can a Sub-account use the Convert function?
A:Sorry, the Sub-account does not support the Convert function and balance account at the moment.