1. What are the benefits of Hotcoin Convert?
Hotcoin Convert lets you exchange assets without order matching. Simply enter the amount for a one-click conversion, and your assets will be credited to your Spot Account instantly. With real-time quotes and zero slippage, Hotcoin Convert is ideal for beginners who want to adjust their holdings quickly and experienced users who need a more efficient way to exchange assets.
2. What is the difference between Convert and regular spot trading?
Spot trading uses an order book, where prices fluctuate with market depth. Convert uses a real-time quote model, with quotes provided directly by the platform. The quoted price already includes the spread, with no additional trading fees or slippage, even for large orders.
3. Which assets are supported for Convert?
Hotcoin Convert supports direct conversions between major cryptocurrencies (such as BTC, ETH, and USDT), as well as conversions between other supported assets. The system automatically selects the optimal conversion path based on the selected asset pair to calculate the final amount you will receive.
4. What is the exchange limit for Convert?
Each conversion must be within the minimum and maximum limits displayed on the order page. The limits are adjusted in real time based on the selected asset and market liquidity. You can view the current conversion limits for the selected asset pair before placing a conversion.
5. Where can I view my converted assets?
After a successful conversion, the converted assets will be credited to your Spot Account immediately. You can view your updated balance on the Assets page. Your recent conversion records are available under Convert History.