The Convert function lets eligible UK users exchange supported assets within the confirmed WhiteBIT UK scope.
To make a convert, you need to register on the WhiteBIT UK exchange, log in to your account, and complete all required UK verification and compliance steps.
Please note: to use the Convert functionality, your funds can be on both the Trade and Main balances. During the process, the total value from both balances will be displayed and as a result of the exchange, the funds will be credited to the Main Balance.
You can find the “Convert” page in the “Buy Crypto” section in the upper left corner of the screen by clicking on the “Convert” tab.
You will see two fields: "Give" (the amount and currency you wish to exchange) and "Receive" (the amount and currency you want to receive).
When you click on the "Give" field, you can choose the currency for payment. If deposits are available for your account and asset, select Deposit and follow the required UK risk-warning and account checks.
It is important to note that a one-time exchange is limited to 50,000 USD. There are no restrictions on the number of attempts.
Please note that the currencies you have on your balance are displayed first in the list. You can also see the most popular currencies under the ticker or currency name field. Going to the "Recently" tab in the same window, you can immediately select the pair you recently exchanged.
Similarly, next you must select the currency in the "Receive" field. After that, you will have the opportunity to enter the amount you want to give. The amount in the "Receive" field is calculated automatically and may change, depending on the exchange rate, so be careful.
Please note: the exchange rate is displayed under the “Receive” field. Click on it to see information about different exchange rates for the selected pair.
If you need to change the order of assets in the exchange fields, you can click on the arrow under the “Give” field, which will automatically swap the currencies.
Consider the exchange can be less in the amount of funds, but not more. There is also an opportunity not to enter the value manually, but to press "Use max." and the window will immediately display the amount of the selected currency, which you have on your balance (main and trade).
Under the "Receive" window, you can see the current rate of the selected pair, which is updated every 10 seconds. After clicking on the "Buy" button, you will see a confirmation window with the forward and reverse exchange rates. You will have 10 seconds to click the "Accept" button, after which it changes to the Refresh quote (according to the exchange rate) option.
After clicking Accept, the exchange is completed! You can check the transaction in Balances - History - Trade Balance - Convert or at the link: https://whitebit.uk/history/trade/convert
Important: you have an opportunity to make an exchange even if there is no direct trading pair. If you can't find a direct pair, a cross-conversion in other pairs will be processed.