How to swap my coins to USDT on Pionex?
Why do you need USDT
After depositing coins in your Pionex account, you need to convert your coins to USDT. Because you cannot set up a bot in USDT market without USDT. If you want to set up a bot in BTC market, you need BTC. If you want to set up a bot in ETH market, you need ETH. So, if you have BTC or ETH and want to set up a bot in BTC or ETH market, it’s not necessary to get USDT. But usually, people are more used to set up a bot in USDT market. Then you need to convert your coins to USDT.
In this article, I’ll take USDC as an example and tell you how to convert USDC to USDT. Please follow the steps below.
1. Visit Pionex trading page
2. Click the dropdown button next to the trading pair
3. Search USDC
If you want to convert BTC, ETH, XRP or other coins to USDT, please input BTC, ETH, XRP or other coins.
4. Go through the USDC/USDT trading pair
Click USDC/USDT trading pair. If you want to convert BTC, ETH, XRP or other coins to USDT, please click BTC/USDT, ETH/USDT, XRP/USDT or other coins/USDT.
5. Click “Trade”
You’ll see a trade button on the upper-right corner of the page.
6. Select manual trade
Under the trading menu, there’re two options here. You can use trading bot or just manual buy and sell. We’ll choose “Manual” here.
7. Sell your USDC to USDT
There’re three different types of order available on Pionex. Limit order, market order, and advanced (Stop limit) order. For selling your USDC, let’s use market orders here. (If you’re interested in learning more about limit and market order, please refer to this site) Following the market order, there’re two option for market order, buy and sell. We’ll select Sell here cause we want to sell the USDC to USDT.
Use the slider to select what’s the percentage of USDC you’re trying to sell here. Click sell and your USDC will be sold to USDT with market order.
After selling USDC, you can click “DETAIL” and check your USDT.
Now, you have got USDT!
Next, you can use USDT to set up your first bot.