Convert cryptocurrency FAQ

How does Converting Cryptocurrency work?

Users can trade between two currencies directly. For example: exchanging Ethereum (ETH) with Bitcoin (BTC), or vice versa.

  • All trades are executed immediately and therefore cannot be canceled
  • Fiat currency (ex: USD) is not needed to trade

How do I convert cryptocurrency? 

On a web browser 

1. Sign in to your Coinbase account. 

2. At the top, click Buy/Sell Convert.

3. There will be a panel with the option to convert one cryptocurrency to another. 

4. Enter the fiat amount of cryptocurrency you would like to convert in your local currency. For example, $10 worth of BTC to convert into XRP.

  • If you do not have enough crypto to complete the transaction, you will not be able to complete this transaction.

5. Click Preview Convert.

6. Confirm the conversion transaction. 

On the Coinbase mobile app

1. Tap 

2. Select Convert.

3. From the panel, select the cryptocurrency you'd like to convert to another crypto. 

4. Enter the fiat amount of cryptocurrency you would like to convert in your local currency. For example, $10 worth of BTC to convert into XRP.

5. Select Preview convert.

  • If you do not have enough crypto to complete the transaction, you will not be able to complete this transaction.

6. Confirm the conversion transaction.

Please see the Locations and trading pairs help article for all crypto-to-crypto trading pairs. 

Please note that Coinbase charges a spread margin of up to 2% for Digital Currency Conversions. The actual spread margin (the difference between the highest buy price and lowest sell price) charged varies due to market fluctuations in the price of Digital Currencies on Coinbase Pro between the time we quote a price and the time when the order executes. 

We do not charge a separate Coinbase Fee for Digital Currency Conversions.

To see availability depending on country and cryptocurrency type, please see Supported cryptocurrencies.

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