Bybit Convert is a simple tool that allows you to buy and sell cryptocurrencies in just a few clicks without traditional trading fees. It offers two modes—Instant Mode (converts assets immediately) and Limit Mode (converts only at your specified price)—enabling seamless asset conversions for supported cryptocurrencies in funding and unified trading accounts.
Key Notes:
- Instant Mode is available for both funding and unified trading accounts, while Limit Mode is exclusive to funding accounts. Ensure funds are in the correct account before converting.
- Bonus balances cannot be converted to other currencies. Additionally, submitted conversion requests do not expire.
- Real-time exchange rates are based on the best-quoted prices from multiple market makers, reflecting the current index price.
- For minimum/maximum conversion limits per currency, refer to 👉 Bybit Convert’s Asset List.
Step-by-Step Conversion Guide
Step 1: Access Bybit Convert
- Log in to the Bybit app.
- Tap "Assets" at the bottom-right corner of the homepage.
- Select "Convert".
Step 2: Choose Conversion Mode
- Instant Mode: Assets convert at the displayed estimated rate upon confirmation.
- Limit Mode: Set a preferred price; conversion executes only when market quotes match your limit.
Step 3A: Instant Mode Instructions
- Select the account (funding/unified trading).
- Pick the asset to convert.
- Enter the amount or tap "Max" for full available balance.
- Tap "Estimate" to preview the order.
- Confirm details and execute.
Notes:
- Only available balances are used. Use the + icon to add funds.
- Rates refresh every 15 seconds. Extreme volatility may prevent execution.
- Cross-margin mode may impact liquidation prices.
Step 3B: Limit Mode Instructions
- Select the asset (search or browse via dropdown).
- Enter the amount or tap "Max".
- Set your desired rate under "If 1 BTC is worth", then tap "Order".
- Review and confirm.
Notes:
- Only funding account balances are used.
- Orders expire after 30 days; locked assets release upon cancellation/expiry.
- Conversion rates differ from spot market prices. Charts are for reference only.
FAQs
1. Can I cancel a conversion order?
Yes—unfilled limit orders can be canceled via "Active Orders" in the history tab.
2. Why did my Instant Mode conversion fail?
This occurs if rates fluctuate drastically after confirmation. Retry or use Limit Mode for price control.
3. Are conversion fees applied?
Bybit Convert charges no fees, but spreads are included in exchange rates.
4. How long do Limit Mode orders last?
30 days. Unfilled orders auto-cancel, releasing locked assets.
Viewing Conversion History
- Tap the "History" icon to track orders.
- Under "Active Orders", cancel pending limit orders or tap "Show All" for completed/canceled orders.
For more details, visit 👉 Bybit Convert Support.
Pro Tip: Use Limit Mode for better rate control during high volatility!