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    How to Convert Your Assets
    bybit2024-12-18 10:10:06
    On the AppOn the WebsiteFrequently Asked Questions

    To further enhance the trading experience and convenience for our users, traders are able to convert their coins directly on Bybit for any of the cryptocurrencies supported on our Spot Account, Derivatives Account (or Inverse Derivatives Account), Unified Trading Account or Funding Account conversion feature.

     

    Notes:

    1. Conversion is currently only available via Spot, Funding, Derivatives, Inverse Derivatives and Unified Trading Accounts. Please transfer your funds to one of these accounts before proceeding with conversion.

    2. The bonus balance cannot be converted to other coins. It will not be forfeited upon submitting any coin conversion request as well.

    3. The real-time exchange rate is based on the best quote price from several market makers according to the current index price.

    4. For the minimum and maximum transaction limits of each coin, please refer to here.



     

    Here is a detailed guide on the steps to easily convert your assets.

     

    Step 1: Select Trade in the navigation bar and click on Convert. You can also click on Convert from the Funding Account, Unified Trading Account or Derivatives Account (or Inverse Derivatives Account) page.
     

    Convert 01.png


     

    Alternatively, please head to the Assets column on the right side of the Derivatives trading page and click on Convert.
     

    Convert 02.png





     

    Step 2: You will be redirected to the Convert Page.  Please follow the steps listed below:
     

    Convert 03.png

     

    (A) Select the account you want to perform the conversion on. If you select Funding Account, it means that only the available balance in your Funding Account will be used for conversion. The converted amount will also be credited to your Funding Account. 

    (B) Select the asset that you want to convert.

    (C) Enter the amount you want to convert and click on Convert.

    (D) Double check that the details are correct and click on Confirm.

     

    Notes: 

    — The exchange rate is refreshed every 15s. 

    Under Cross Margin, your action may affect your liquidation price.


     

    If you are performing the conversion from the Derivatives trading page, please note that you will have to click on Request Quote to view the exchange rate before converting. If the real-time exchange rate and quoted rate differ by more than 0.5%, your order will be automatically canceled and you have to retry again. 
     

    Convert 04.png



    Congratulations! Your assets have been successfully converted.

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