How To Swap Crypto For Another Crypto On Binance: Step-by-Step Guide 2025

Crypto swaps have changed the way we trade digital assets, offering a fast, flexible, and secure way to exchange one cryptocurrency for another—without converting to cash first. If you’re wondering how to swap crypto on Binance, the good news is: it’s never been easier.

In 2025, platforms like Binance have simplified the crypto swap process with a seamless feature that lets you instantly exchange Bitcoin, Ethereum, and other coins—all in just a few clicks.

Thinking about diversifying your portfolio? Looking to capitalize on a market trend? Or maybe you’re curious about a new token on the rise?

In this step-by-step guide, we’ll walk you through how to swap crypto on Binance, share smart tips to reduce fees, make secure transactions, and show you how to get the most out of Binance’s trading features.

Benefits of Using Binance for Crypto Trading

Binance is one of the most popular cryptocurrency exchanges in the world. It offers several benefits to crypto traders, which include:

  • Low trading fees
  • Wide range of supported cryptocurrencies
  • Advanced trading tools
  • Strong security measures

Now, let’s look at how to swap crypto for another crypto on Binance.

Step-by-Step Guide On How To Swap Crypto For Another Crypto On Binance

Step 1: Set up Your Binance Account

Before swapping crypto on Binance, you must set up a verified account that allows you to buy, sell, and trade cryptocurrencies. 

How to create a Binance account

  1. Go to the Binance website or app and click the “Register” button.
  2. Fill out the registration form with your email address, password, and referral ID (if applicable).
  3. Check your email for a verification link and click on it to activate your account.

How to verify your Binance account

After you have created your account, you will need to verify your identity to withdraw funds or use certain platform features.

  1. Go to the “Account” tab in the top right corner and select “Verification.”
  2. Fill out the required information, including your full name, address, and a government-issued ID.
  3. Click “Submit” and wait for the verification process to be completed.

Note: You don’t need advanced verification for using Binance Convert, but KYC is still required.

How to set up two-factor authentication for added security

After you have verified your account, it’s important to set up two-factor authentication (2FA) for added security.

  1. Go to the “Account” tab in the top right corner and select “Security.”
  2. Click the “Enable” button under the “Google Authenticator” option.
  3. Follow the instructions to set up the Google Authenticator app on your phone.
  4. Once you have set up the app, enter the code generated by the app into Binance and click “Verify.”

Step 2: Use Binance Convert to Swap Your Crypto

You can now can convert your crypto into another crypto using “Binance Convert” at a low trading fee.  

How to Access Binance Convert

  1. Go to the “Trade section” in the top left corner of the homepage and select “Convert”.
  2. If using the mobile app, tap the middle “Trades” icon and select “Convert”.

Step 3: Select Your Cryptos to swap

In this section, you are to choose your crypto exchange pair. For example, USDT/BTC to exchange USDT for Bitcoin.

  • In the “From” field, choose the cryptocurrency you want to swap.
  • In the “To” field, select the crypto you wish to receive.
  • Enter the amount you want to exchange.
Preview Interface of Crypto Swaps on Binance Convert

Swapping Crypto on Binance Convert

Step 4: Preview and Complete the Swap

  • Click “Preview Conversion” to see the exchange rate and transaction details.
  • Confirm the quote within 5 seconds, or click “Refresh” for a new rate.
  • Click on “Convert” to complete the swap.

After the transaction, which takes less than a second, you may see the cryptocurrency you purchased in your Spot Wallet.

3 Top Tips to Minimize Transaction Fees

Many traders use Binance as a top trading platform due to its low transaction fees; however, transaction fees vary when you swap from one crypto to another. 

Here are tips to consider to minimize fees when swapping crypto on Binance.

  1. Avoid High Volatility Period: Ensure to avoid swapping your crypto during periods of high volatility, as spreads may be wider.
  2. Confirm Trading Pair Liquidity: Check the trading pair’s liquidity to ensure you get the best rates during your conversion. If you do not like the rate, you can always refresh.
  3. Use Stable Pairs When Possible: Some pairs (e.g., BTC/USDT or ETH/USDT) have higher liquidity and lower spreads, making them more cost-effective for swapping.

How to Secure Your Crypto Swaps on Binance

To ensure a secure and safe transaction during your Binance crypto swap, it is essential to consider these tips:

  1. Use a strong Password: Always keep your account secure by regularly changing your passwords and enabling two-factor authentication on your account.
  2. Avoid Public Wi-Fi: Always use a secure network when performing transactions.
  3. Verify Trading Pairs: Always double-check to confirm you’re swapping the correct cryptocurrencies.

Bonus: Non-Custodial Swap Option via Breet

If you’d prefer not to store your assets on a centralized exchange like Binance, there’s an alternative:

Breet now offers a crypto-to-crypto swap feature that’s:

  • Non-custodial (you control your crypto)
  • Fast (swap in minutes)
  • Flexible (swap tokens, or cash out to Naira/Cedis instantly)
Crypto to crypto swap on Breet

Crypto to crypto swap on Breet

With Breet, you can:

  • Swap BTC to USDT, ETH to USDC, etc.
  • Track market moves with real-time price alerts
  • Access market insights to make smarter trades
  • Convert directly to cash (if you’re done holding) — and get paid in minutes

Frequently Asked Questions (FAQs) About How To Swap Crypto For Another Crypto On Binance

Is swapping crypto on Binance free?

No — but Binance Convert doesn’t charge a visible fee. The cost is built into the spread shown in the quote.

How long does it take to swap crypto on Binance?

Swaps are almost instant. You’ll typically receive the swapped coin within seconds.

Can I swap crypto on Binance without verification?

No — Binance requires basic identity verification (KYC) to use Convert and most features.

What should I do if my swap transaction fails?

Check your internet connection and try again. If issues persist, contact Binance Support.

Best Alternatives to Binance Convert

Breet offers the crypto-to-crypto feature, where you can easily swap your crypto for another crypto, or cash, and receive into your local bank account in less than 5 minutes.

Conclusion

Swapping crypto is a smart way to react to market trends, manage risk, or rebalance your portfolio — and Binance makes it relatively easy through its Convert tool.

But if you want to stay in full control of your assets — without relying on a centralized exchange — you can also swap crypto using Breet.

With Breet’s non-custodial crypto swap, you:

  • Maintain full control of your assets
  • Swap crypto with ease
  • Get cash in Naira or Cedi directly into your bank account when you’re ready to exit

So whether you’re swapping for profit or diversifying your holdings, Breet gives you flexibility without compromise.

Download the Breet App on Android and iOS, and experience the smarter way to swap or cash out your crypto.