Complete Guide to the Cryptocurrency Converter: How to Trade Your Assets in a Few Steps

The cryptocurrency converter is a practical solution for those who want to buy or sell digital assets without bureaucratic complications. This tool offers a simplified trading experience, allowing you to convert between different cryptocurrencies with just a few clicks. With options for instant mode and limit mode, the cryptocurrency converter adapts to both those who prefer quick transactions and those who want greater control over prices.

What Is a Cryptocurrency Converter and How Does It Work

A cryptocurrency converter is an integrated platform that simplifies the exchange between different digital assets. Unlike traditional operations that involve high brokerage fees, this type of tool offers competitive quotes based on the best available market offers, calculated from real-time index prices.

The platform supports two types of accounts: the funds account (for deposits and basic transactions) and the unified trading account (for more advanced operations). Your funds need to be in the correct account before starting any conversion, as each mode has specific characteristics. An important detail is that bonus balances cannot be converted and will not be lost during the trading process.

Instant Mode: Fast and Direct Conversion

Instant mode provides the quickest solution for those who want to convert assets right now. By choosing this option, your transaction is executed immediately at the quote displayed at the moment you confirm the operation. This mode is supported in both the funds account and the unified trading account.

How it works in practice:

1. Select the account you want to use for the conversion
2. Choose which asset you want to sell and which you want to receive
3. Enter the amount to convert or click “All” to use your full available balance
4. Click “Get a quote” to view your order details
5. Review the information, including any additional fees, and confirm the transaction

Once confirmed, the operation is processed instantly and the converted assets are credited to the selected account. The exchange rate updates every 15 seconds to reflect the latest market conditions. During periods of high volatility, there is a possibility that the order will not be executed if the rate changes significantly after your confirmation.

Important notes:

• The system automatically selects accounts that hold the desired asset, but you can manually choose which one to use
• If you select the funds account, the converted assets will be credited there; if you choose the unified account, the same standard applies
• Bonus balances cannot be converted, but they will not be lost
• Some countries or regions may have additional fees

Limit Mode: Full Control Over Your Conversion

For those who prefer to set the exact price at which they want to convert their assets, limit mode is the ideal choice. In this mode, you define the acceptable conversion rate, and the operation occurs only when the market reaches that specified quote.

Features of limit mode:

• Available exclusively through the funds account
• Valid for up to 30 days after creation
• The involved assets are locked until the order is filled or the term expires
• If not filled within 30 days, it is automatically canceled

Usage process:

1. Select the assets you want to convert (browse the menu to find the desired pair)
2. View the 24-hour, 1-week, or 1-month price chart for the selected pair
3. Enter the amount to convert or click “All” to use your available balance
4. Set the desired rate and click “Place order”
5. Carefully review all details and confirm the transaction

The order then enters the queue, waiting for the market price to match your limit price. If this occurs within 30 days, the conversion is executed automatically.

Comparison: Which Mode to Choose?

Instant Mode is ideal when:

• You want to convert immediately, without waiting
• You are satisfied with the current market rate
• You prefer simplicity and speed
• You want to use both the funds and the unified account

Limit Mode is ideal when:

• You have a specific target price in mind
• You can wait up to 30 days for execution
• You want to avoid transactions during price spikes
• You have time to monitor market opportunities

Complete Step-by-Step: How to Use the Converter

Accessing the cryptocurrency converter:

1. On the top navigation bar, select the option to buy cryptocurrencies and click “Converter”
2. Alternatively, go directly from your funds account page or unified trading account

For instant mode:

• Choose your source account
• Select the assets (which to which you want to convert)
• Enter the desired amount
• Click “Get a quote”
• Confirm the transaction

For limit mode:

• Select the desired assets
• Enter the amount to convert
• Set the target rate
• Click “Place order” and then “Confirm transaction”
• Wait up to 30 days for fulfillment

Important Information About Fees and Quotes

The quote provided by the cryptocurrency converter is based on the best offers from various market makers in real time, using the index price as a reference. This rate may differ slightly from the traditional spot market price.

The price charts displayed are based on data collected at regular intervals and are for reference only — they do not reflect actual conversion rates at any given moment. For specific minimum and maximum transaction limits for each currency, consult the list of available assets on the platform.

Additional fees may apply in certain countries or regions. Check the information displayed on the page at the time of conversion to know the exact charges.

Tracking and Canceling Conversion Orders

To keep control over all your operations, it’s essential to know how to view your conversion history. Click on “Conversion History” in the top right corner of the cryptocurrency converter page to access a complete record of all your transactions.

Managing your orders:

If you created a limit order that has not been filled, you can cancel it at any time by clicking the “Cancel” button in the active orders section. After cancellation, the locked assets are released and returned to your available balance for other operations.

This cryptocurrency converter offers flexibility for both impatient traders and strategic investors, making digital asset conversion accessible to users of all experience levels.