Comment
Author: Admin | 2025-04-28
Use the Advanced charting and trading platform, which will suit beginners.Much like the Bitcoin pairs on Binance, which can be traded with zero fees, Binance Convert also charges zero transaction fees. In addition, customers can convert using both market and limit orders. This means users can decide to set a limit order that initiates once the asset exceeds a certain price point. The limit order has a time option from 1 hour to 30 days.How does it work?Select a currency to convert, for instance, Bitcoin (BTC)Select the unit of assets for conversionSelect the currency being converted into, for instance, Binance USD (BUSD)Preview the conversion, which involves viewing the necessary details, especially the conversion rateFinalize the crypto swap and click on the ‘Convert' buttonThe swapped asset will be deposited in the Binance walletRead our full Binance review and claim the $100 referral bonus.2. Ledger Swap – Swap Crypto Within Hardware WalletLedger is a leading crypto wallet provider that offers self-custodial wallet services to crypto owners worldwide. In addition to its range of hardware wallets, Ledger allows users to swap 45 cryptocurrencies via the Ledger Swap using the Ledger Live Software portal. With this feature, Ledger users can convert one digital asset to another, all within the safety of the hardware wallet, making it a top option for security-focused traders. Trading Fees: 0.25% for swaps Promotion: None available at this time Since Ledger isn't an exchange, third-party platforms and cryptocurrency exchanges powered the Ledger Live Crypto Swap. Changelly, 1inch, and Paraswap are some crypto exchange partners available to convert crypto on Ledger Swap. This means swapping crypto takes a few minutes because of third-party integration and processing.Once the crypto exchange's application is installed in the wallet, the investor can access the Swap feature in Ledger Live. The swapping process is similar to Binance Convert's, but the exchange rates are higher since a third-party provider handles the swapping. Converting digital currencies on Ledger Swap also attracts a fee of 0.25%. The service providers charge a service fee, and network fees are also involved.The best aspect of using a Ledger wallet to swap crypto is the high level of security attached. Ledger is known for the high-level safety measures used to protect its wallet users. The same security features are in place when swapping live on the crypto exchange. As Ledger users exchange their assets, the swaps are initiated directly from within a protected
Add Comment