The Currency Conversion tool can be found on the Wallets page and is used to convert currencies to different transport protocols supported on the Bitfinex platform. Currency conversion is instant and free of charge.
How to use the Currency Conversion tool
1. You can find the Currency Conversion tool on Wallets page, under More actions. Select the token you would like to convert from the drop-down menu.
In this example, we will select Bitcoin.
Note: You will only see currencies that you own.
2. Click on Convert.
3. In the Debit asset field, you will see the token you have chosen to convert.
You can also change the token from the drop-down menu
.
4. In the Credit asset field, you can select the currency type you want to convert your current currency into.
5. The Debited wallet field is the wallet where the currency you would like to convert is currently being held, you can select from the drop-down menu.
6. Select the Credited wallet where you want your converted currency to be credited.
Note: You can also select the same wallet.
7. Then enter the amount that you want to have converted.
Note: An error message will appear if you attempt to convert an amount more than which you have in your wallet.
8. Finally, click on Convert to finish the conversion.
9. And that’s it! The converted currency will now appear in your Balances.
You can also find the conversion history in your Reports page under Ledgers.
If you have any questions, please feel free to contact Bitfinex Support.