What are the steps to convert digital assets to USD on Binance?

1 answers

• Mar 01, 2022 · 3 years ago
  Converting digital assets to USD on Binance is a simple process. Just follow these steps: 1. Log in to your Binance account. 2. Navigate to the 'Wallet' section and select 'Spot Wallet'. 3. Locate the digital asset you wish to convert and click on 'Deposit'. 4. Generate a deposit address for the digital asset and copy it. 5. Go to the platform or wallet where your digital assets are currently held and initiate a withdrawal to the Binance deposit address you copied. 6. Wait for the transaction to be confirmed and for the digital assets to appear in your Binance account. 7. Once the digital assets are in your Binance account, go to the 'Trade' section and choose the trading pair that corresponds to the digital asset and USD. 8. Enter the amount of digital assets you want to convert and place a sell order. 9. Wait for the order to be executed and for the USD to be credited to your Binance account. 10. Finally, go to the 'Wallet' section, select 'Spot Wallet', and click on 'Withdraw' to transfer the USD to your bank account. That's all there is to it! If you have any more questions, don't hesitate to ask.
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