Bybit Convert (powered by SATOS) is a streamlined tool for buying or selling cryptocurrencies in just a few clicks without traditional trading fees. It offers both Instant and Limit modes, allowing users to convert assets between any supported cryptocurrencies in their Funding Account and/or Unified Trading Account.
Key Features
- Instant Mode: Available for both Funding and Unified Trading Accounts.
- Limit Mode: Exclusive to the Funding Account.
- Realtime Exchange Rates: Based on the best available pricing from multiple market makers.
- No Loss of Bonus Balance: Bonus funds remain unaffected during conversions.
👉 Explore Bybit Convert’s asset list and limits
Step-by-Step Conversion Guide
Step 1: Access Bybit Convert
- Log in to your Bybit (powered by SATOS) App.
- Navigate to Assets > Convert.
Step 2: Choose Your Conversion Mode
Instant Mode
- Funds convert immediately at the displayed quote price.
How to use:
- Select the account (Funding/Unified Trading).
- Pick the assets to convert (e.g., BTC to ETH).
- Enter the amount or click Max for full balance.
- Click Request Quote to preview, then Confirm.
Notes:
- Rates refresh every 15 seconds. Extreme volatility may cause order cancellation.
- Cross Margin mode conversions may affect liquidation price.
Limit Mode
- Set a preferred rate; conversion occurs only when the market matches it.
How to use:
- Select the asset pair (e.g., BTC/ETH).
- Enter the amount or click Max.
- Set your target rate under When 1 BTC is worth.
- Click Place Order.
Notes:
- Orders expire after 30 days if unfilled.
- Rates are derived from market makers and may differ from Spot prices.
Viewing Conversion History
- Click the History icon.
- Track active/canceled orders under Active Orders or View All.
- Cancel pending limit orders via Cancel.
FAQs
1. What’s the difference between Instant and Limit modes?
- Instant: Executes immediately at current rates.
- Limit: Waits for your specified rate (Funding Account only).
2. Are there minimum/maximum conversion limits?
Yes. Check Bybit’s asset list for details.
3. Can I convert bonus balances?
No. Bonus funds remain separate and unaffected.
4. How long do limit orders stay active?
30 days. Unfilled orders auto-cancel afterward.
5. Why did my Instant order fail?
Likely due to rate changes during extreme volatility. Retry or use Limit mode.