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What is the process for converting Bitcoin to Ethereum on Binance?

avatarHM AYMANEDec 20, 2021 · 3 years ago6 answers

Can you explain the step-by-step process for converting Bitcoin to Ethereum on Binance? I am new to cryptocurrency trading and would like to understand how to make this conversion.

What is the process for converting Bitcoin to Ethereum on Binance?

6 answers

  • avatarDec 20, 2021 · 3 years ago
    Sure! Converting Bitcoin to Ethereum on Binance is a fairly straightforward process. Here are the steps: 1. Log in to your Binance account. 2. Go to the 'Funds' tab and click on 'Balances'. 3. Search for 'Bitcoin' in the search bar and click on 'Deposit'. 4. Copy the Bitcoin deposit address. 5. Go to the 'Trade' tab and click on 'Classic'. 6. Search for 'Bitcoin' in the search bar and click on the BTC/ETH trading pair. 7. Enter the amount of Bitcoin you want to convert to Ethereum. 8. Click on 'Sell BTC' and confirm the transaction. 9. Go back to the 'Funds' tab and click on 'Balances'. 10. Search for 'Ethereum' in the search bar and click on 'Deposit'. 11. Paste the Ethereum deposit address. 12. Wait for the Bitcoin transaction to be confirmed and for the Ethereum to be deposited into your Binance account. That's it! You have successfully converted Bitcoin to Ethereum on Binance.
  • avatarDec 20, 2021 · 3 years ago
    Converting Bitcoin to Ethereum on Binance is easy peasy! Just follow these simple steps: 1. Log in to your Binance account. 2. Click on the 'Funds' tab and select 'Balances'. 3. Look for 'Bitcoin' in the list and click on 'Deposit'. 4. Copy the Bitcoin deposit address provided. 5. Now, head over to the 'Trade' tab and choose 'Classic'. 6. Use the search bar to find the BTC/ETH trading pair and click on it. 7. Enter the amount of Bitcoin you want to convert to Ethereum. 8. Hit the 'Sell BTC' button and confirm the transaction. 9. Return to the 'Funds' tab and select 'Balances' again. 10. Locate 'Ethereum' in the list and click on 'Deposit'. 11. Paste the Ethereum deposit address you copied earlier. 12. Wait for the Bitcoin transaction to be confirmed and for the Ethereum to appear in your Binance account. Voila! You've successfully converted Bitcoin to Ethereum on Binance!
  • avatarDec 20, 2021 · 3 years ago
    Converting Bitcoin to Ethereum on Binance is a breeze! Here's what you need to do: 1. Log in to your Binance account. 2. Navigate to the 'Funds' tab and click on 'Balances'. 3. Find 'Bitcoin' in the list and click on 'Deposit'. 4. Copy the Bitcoin deposit address provided. 5. Move to the 'Trade' tab and select 'Classic'. 6. Use the search bar to locate the BTC/ETH trading pair and click on it. 7. Enter the amount of Bitcoin you wish to convert to Ethereum. 8. Click on 'Sell BTC' and confirm the transaction. 9. Return to the 'Funds' tab and click on 'Balances' again. 10. Look for 'Ethereum' in the list and click on 'Deposit'. 11. Paste the Ethereum deposit address you copied earlier. 12. Wait for the Bitcoin transaction to be confirmed and for the Ethereum to be credited to your Binance account. That's it! You've successfully converted Bitcoin to Ethereum on Binance.
  • avatarDec 20, 2021 · 3 years ago
    Converting Bitcoin to Ethereum on Binance is a piece of cake! Here's how you do it: 1. Log in to your Binance account. 2. Go to the 'Funds' tab and click on 'Balances'. 3. Look for 'Bitcoin' in the list and click on 'Deposit'. 4. Copy the Bitcoin deposit address that appears. 5. Switch to the 'Trade' tab and select 'Classic'. 6. Use the search bar to find the BTC/ETH trading pair and click on it. 7. Enter the amount of Bitcoin you want to convert to Ethereum. 8. Click on 'Sell BTC' and confirm the transaction. 9. Return to the 'Funds' tab and click on 'Balances' again. 10. Find 'Ethereum' in the list and click on 'Deposit'. 11. Paste the Ethereum deposit address you copied earlier. 12. Wait for the Bitcoin transaction to be confirmed and for the Ethereum to be added to your Binance account. That's all there is to it! You've successfully converted Bitcoin to Ethereum on Binance.
  • avatarDec 20, 2021 · 3 years ago
    Converting Bitcoin to Ethereum on Binance is a straightforward process. Here's how it's done: 1. Log in to your Binance account. 2. Click on the 'Funds' tab and select 'Balances'. 3. Look for 'Bitcoin' in the list and click on 'Deposit'. 4. Copy the Bitcoin deposit address provided. 5. Go to the 'Trade' tab and choose 'Classic'. 6. Use the search bar to find the BTC/ETH trading pair and click on it. 7. Enter the amount of Bitcoin you want to convert to Ethereum. 8. Click on 'Sell BTC' and confirm the transaction. 9. Return to the 'Funds' tab and select 'Balances' again. 10. Look for 'Ethereum' in the list and click on 'Deposit'. 11. Paste the Ethereum deposit address you copied earlier. 12. Wait for the Bitcoin transaction to be confirmed and for the Ethereum to be deposited into your Binance account. That's it! You've successfully converted Bitcoin to Ethereum on Binance.
  • avatarDec 20, 2021 · 3 years ago
    Converting Bitcoin to Ethereum on Binance is a snap! Just follow these steps: 1. Log in to your Binance account. 2. Go to the 'Funds' tab and click on 'Balances'. 3. Find 'Bitcoin' in the list and click on 'Deposit'. 4. Copy the Bitcoin deposit address provided. 5. Switch to the 'Trade' tab and select 'Classic'. 6. Use the search bar to locate the BTC/ETH trading pair and click on it. 7. Enter the amount of Bitcoin you wish to convert to Ethereum. 8. Click on 'Sell BTC' and confirm the transaction. 9. Return to the 'Funds' tab and click on 'Balances' again. 10. Look for 'Ethereum' in the list and click on 'Deposit'. 11. Paste the Ethereum deposit address you copied earlier. 12. Wait for the Bitcoin transaction to be confirmed and for the Ethereum to be credited to your Binance account. That's all there is to it! You've successfully converted Bitcoin to Ethereum on Binance.