The US arm of Binance, the world’s largest cryptocurrency exchange, announced that it has added the ability to convert $API3, $ASTR, $DGB, $ILV, $IMX, $REN, $STG and $T altcoins.
The conversion feature allows customers to easily exchange one cryptocurrency for another cryptocurrency or USD for zero fees.
Binance.US claims that the conversion feature offers its customers several benefits such as:
Zero-fee conversions. There is no transaction fee for the conversion feature, but Binance.US charges a small spread between the buy and sell price of an asset.
Almost instant action. Crypto-to-crypto and crypto-to-USD conversions are almost instantaneous, thanks to the deep liquidity Binance.US offers in supported assets.
Simplifying operations. Convert directly without having to make multiple trades.
Convert with one click.
The conversion interface is designed to be easy to use for both beginners and advanced traders. Convert in a few clicks instead of using the advanced trading interface to do multiple trades.
Binance.US was launched in 2019 in response to US regulations that restricted the company’s main exchange.
*Not investment advice.