Looking to exchange one cryptocurrency for another but not quite sure how to go about it? We’ve got you covered with our integrated Convert service that allows you to exchange one cryptocurrency for another incurring no fees. All you’ll need is an Oobit account and the cryptocurrency you’re looking to convert in your Oobit wallet. Let’s dive into how to convert cryptocurrencies on Oobit.
Step 1:
From your dashboard select Convert from the left-hand menu. A pop-up menu will appear on the right.
Step 2:
Select the currency you would like to convert and the currency you would like to convert it to by clicking on the drop-down options and then selecting the cryptocurrencies. Once you have established which cryptocurrencies you would like to covert, enter the amount you are looking to covert.
Step 3:
After clicking Continue you will be taken to a screen confirming the exchange. Check the amounts and chosen cryptocurrencies, then click the blue Continue button to initiate the trade. Note that due to Oobit executing these transactions off-chain there are no fees incurred. Once you initiate the trade you cannot reverse the transaction.
Step 4:
You will then receive confirmation and your chosen cryptocurrency will be deposited into your Oobit wallet. And that concludes our guide on how to convert cryptocurrencies on Oobit.