Converting your Bitcoin to USDT Tether can be done in a few steps and in this short guide and we will walk you through exactly how to do it.
There is an official BTC/USDT asset pairing on Kucoin so completing the conversion is quite easy. When converting BTC to USDT, you are selling BTC to USDT as a market order at the current rate but you can set a limit order to complete the conversion.
We cover both instructions below and you can breeze through this guide to complete your trade in seconds.
Detailed step-by-step instructions to convert your BTC to USDT
What you will need?
- Verified KuCoin account
- Bitcoin in your Kucoin account
Step 1. Login to your Kucoin account and hover over assets and confirm you have Bitcoin in your available balance. Proceed to click “Trading Account” once the drop down menu is visible.
Don’t have an account? Create your Kucoin account here
Step 2. From this screen you can get a quick glance at your available assets to trade. In the top right you can jump right to the BTC trading pairs by typing “BTC” in the search bar.
Step 3. Click on Trade to access all the available BTC trading pairs.
Step 4. When you click trade, a popup will appear for you to choose the BTC/USDT trading pair.
You will be redirected to a trading market with charts, order books, and a screen that allows you to trade your Bitcoin for USDT Tether.
Note: Before trading, you are required to enter a trading password that you will receive for security. You will not need to enter the password again for the next 2 hours.
Step 5. Choose the order type
A limit order is placed when you want to specify a price to buy or sell or an asset. This ensures you are transacting at your targeted price.
Market orders are completed immediately and you buy or sell at what the market gives you at that moment.
Step 6. Next you choose how much BTC you want to sell to convert to USDT.
In the second column (sell) type in the exact amount of BTC you want to swap, or make it easy by clicking the boxes below that represent a percentage of the BTC you have available.
If you chose a market order, the BTC asset should convert immediately to USDT. If you chose limit order, the conversion will execute once the target price is hit.
As you can see, converting your BTC to USDT can be done in seconds when you follow these instructions.
How to buy USDT on Kucoin
If you don’t already have an account, you can create your Kucoin account here.
More info about Kucoin
Kucoin is a terrific crypto exchange loaded with features every traders needs and enjoys. This article showed you how to convert BTC to USDT on Kucoin but make sure to read out full Kucoin review to learn more and see everything this exchange offers.