How can I convert USDT on Binance to BUSD? Could you provide some simple steps or guidance?
2023-05-31 04:15
To convert Binance USDT to BUSD, follow the steps below:
1. Go to the Binance website or app and log in to your account.
2. Click on "Wallet" and then "Overview."
3. Find your USDT balance and click on "Withdraw."
4. Choose the "BEP2 network" as your withdrawal network.
5. Enter your Binance Smart Chain (BSC) address in the "Recipient" field. Make sure you enter the correct address.
6. Select "BUSD" as your withdrawal coin.
7. Enter the amount of USDT that you want to convert to BUSD.
8. Click on "Submit" and confirm the transaction.
9. Wait for the transaction to be processed, which usually takes a few minutes.
10. Once the transaction is complete, you will see your BUSD balance in your Binance wallet.
Note: Make sure you have enough USDT and BUSD in your Binance wallet before making the transfer. Also, keep in mind that there may be transaction fees associated with the conversion.
Release time 2023 05 31
To convert Binance USDT to BUSD, you will need to follow these steps:
1. Log in to your Binance account and navigate to the "Wallet" section.
2. Click on "Fiat and Spot" and then click on "Withdraw".
3. Select "USDT" as the currency you want to withdraw and then choose "Binance Chain (BEP2)" as the withdrawal network.
4. Enter the amount of USDT you want to withdraw and then input the BUSD deposit address that you want to receive your BUSD tokens.
5. Review the details of your withdrawal transaction and submit it.
6. After your USDT withdrawal is confirmed, the BUSD tokens will be deposited into your specified BUSD deposit address.
It is important to note that there may be fees associated with this transaction and you should also ensure that you have completed any necessary KYC and other verification requirements on the Binance exchange before attempting to make any withdrawals.
Release time 2023 05 31
Release time 2023 05 31