How to convert crypto in one tap on Velxen

Sometimes you just want to swap one coin for another without placing orders. That is what Convert is for.

How Convert works

1. Choose the coin you want to pay with and the coin you want to receive.
2. Enter an amount. Velxen shows you an exact quote.
3. The quote is fixed for 15 seconds. Confirm within that time and you get exactly the amount shown.

Convert uses your Trading wallet balance, so move coins there first if they are in Funding.

Convert or spot trading?

• Convert is simplest: one screen, one price, no order types to learn. Great for small and medium swaps.
• Spot trading on the Trade page gives more control: limit orders, the order book and charts.

Examples

• Turn USDT you bought on P2P into BTC in one step.
• Swap a coin that has gone up back into USDT to lock in the value.
• Move between two altcoins without going through two trades yourself.

Always compare the quote with the market price on the markets page if you want to check you are happy with it before confirming.

This article is for education only and is not financial advice. Crypto prices can rise and fall sharply; only trade with money you can afford to lose.