Post
Topic
Board Trading Discussion
Re: Convert USDC for trading
by
shinratensei_
on 22/12/2024, 06:54:32 UTC
I have 4 dollars in USDC is there a way to turn that usdc into usdt?
I cant find the usdc usdt pair in futurues in bingx
use built-in convert feature in exchange that you're using, they purposefully created this feature to accomodate people to convert their small capital into other asset, with little fee.

You are right and I don't trade on future due to its volatility nature, what I mostly trade on is spot trading which I am more familiar with than others. Using 4$ is wise decision to trade to test out things how it works maybe who knows if there would be improvement while trading over there, even though $4 seemly to be too small but it is a good start than using huge amount to trade and get it swipe off in couples of minutes.
with $4 the fee will just eat your money, there's minimum cap fee and as far as I know trading with $4 you will be charged the same fee as trading $100 so it's not really a good idea, with $4 people usually trade on future, despite the higher risk due to leverage, $4 is pretty good starting point for your future margin, as long as you use responsible leverage such as 2x with good fundamental analysis and TA you'll be fine but I don't think $4 gonna be good idea for spot.