But! why on the convert the Binance incrase the BTC price if they say there's no fees?
As you see actual BTC price is: $51,718.78 USD but on the convertion Binance put the BTC price for: $51,776.2 (INVERSE RATE), $57 difference.
There are no fees but you cannot choose the selling price. You can sell Bitcoin on Binance using
- Convert: Easy for beginners, simple and direct, but you cannot modify the price, meaning you sell at $53,000
- Limit order: Easy for beginners. You can set the price you want to sell at and wait for the price to arrive.
- Market order: I do not recommend it as it is an order that enables you to sell automatically, but the exchange rate will be bad.
These commands are simple and suitable for beginners, and you can search for the differences between them.
Convert is a convenient option and there are no fees, except that you cannot modify the price, and they can put their fees in the price rate, but I think they leave it without fees as a promotion for the service.