How to Exchange Crypto Using a Converter?
The essence of cryptocurrency trading is in buying and selling digital assets with the purpose of money-making using market volatility. All the processes take place on a crypto exchange, for example, Binance, ByBit, WhiteBIT, Coinbase, and many other websites. They offer many trading tools, such as:
- p2p;
- trading with margin;
- futures derivatives;
- spot;
The most straightforward option to convert fiat-crypto and crypto-crypto pairs is to use a crypto converter calculator. Let’s see how it works with the XRP to USDT pair and on the WhiteBIT exchange.
Why Choose WhiteBIT?
WhiteBIT is one the top exchanges in terms of convenience of use and low fees. The company has registration in Europe and regularly undergoes security audits. Many people say WhiteBIT is a reliable service for crypto trading as well as the most simple for novice users. WhiteBIT is a popular choice among novice investors due to its reliable and profitable financial instruments and user-friendly cryptocurrency converter. For instance, if you wish to invest in BTC, you can enter the WhiteBIT cryptocurrency calculator, select BTC and the coins you want to sell, and the converter will display the current BTC price in terms of the coins you possess. This will help you determine how many coins you need to spend to purchase BTC. WhiteBIT also allows purchasing BTC with fiat currencies such as dollars, pounds, euros, and other fiat money.
To convert cryptocurrency on WhiteBIT, you need to register an account and complete the KYC process. You can use the cryptocurrency converter without verification, but this will limit your withdrawal options. For more information on WhiteBIT and its offerings, visit the platform’s website and blog.
Converting Ripple to Tether on WhiteBIT: Simple Steps
Suppose you need to turn XRP to USDT. By the way, it is one of the most popular trading pairs on WhiteBIT. You will need to move your Ripple coins to the trading balance and open the cryptocurrency converter. Then follow the steps:
- Select XRP in the left column and USDT in the right one
- Indicate how many XRP you want to sell
- See the relevant price
- Pay the commission.
Once the fee is paid, you will receive USDT coins in your account.
If you need to practice, welcome to the WhiteBIT demo account. It gives you demo tokens that you cannot lose or gain. You just learn how to use and navigate the WhiteBIT interface and crypto converter and receive enough skills and knowledge before starting with real assets.
To learn more about trading and stay up-to-date with the latest news from the industry, welcome to the WhiteBIT blog.
