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How can I convert Ethereum to USDT on Binance?

avatarShashank DhauniDec 19, 2021 · 3 years ago1 answers

I'm new to cryptocurrency trading and I want to convert my Ethereum to USDT on Binance. Can someone guide me through the process step by step?

How can I convert Ethereum to USDT on Binance?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    Hey there! Converting Ethereum to USDT on Binance is a piece of cake. Just follow these simple steps: 1. Log in to your Binance account. 2. Go to the 'Wallet' section and select 'Spot Wallet'. 3. Find Ethereum (ETH) in your list of assets and click on 'Deposit'. 4. Copy the Ethereum deposit address provided. 5. Open your Ethereum wallet (e.g., MetaMask) and initiate a transfer to the Binance deposit address. 6. Wait for the Ethereum deposit to be confirmed on the blockchain. 7. Once the deposit is confirmed, go to the 'Trade' section and search for the ETH/USDT trading pair. 8. Click on the trading pair and you'll be taken to the trading interface. 9. Enter the amount of Ethereum you want to convert to USDT. 10. Review the transaction details and click on 'Buy' or 'Sell' to complete the conversion. 11. Voila! You have successfully converted Ethereum to USDT on Binance. Make sure to check the deposit address and transaction details carefully to ensure a smooth process.