Easy Buy is an enhanced feature of Bybit Convert, designed to streamline the cryptocurrency purchasing process directly within the Bybit App. Easy Buy offers zero-fee transactions, providing users with a convenient and cost-effective way to acquire crypto or fiat assets. 

 

Here's a step-by-step guide to getting started with Easy Buy, currently available on Bybit App version 4.39.5 and above.

 

 

• How to Convert Using Easy Buy
• How to View Easy Buy Order History
• Frequently Asked Questions

How to Convert using Easy Buy

Step 1: Go to the Trade page and Tap on Easy Buy. Alternatively, you can access Easy Buy from the Asset page.

 

 

Step 2: Select the target asset you want to buy or sell.

 

 

 

Step 3: For the buy order, simply input the amount of cryptocurrency or fiat currency that you wish to use for purchasing your target assets. For example, in the screenshot below, you are converting your USDT into BTC by using USDT to buy BTC.

 

When placing a sell order, you can input the quantity of the target assets you wish to sell. Additionally, you have the option to select the cryptocurrency or fiat assets you would like to receive in exchange. For example, in the screenshot below, you are converting your ETH into USDT by selling ETH into USDT.

 

 

Notes: 

— The exchange rate on the order page shows the real-time conversion rate based on the best quote price from several market makers according to the current index price and therefore, it can be different from the Spot Market.

— On the order page, you can also tap on the chart icon located in the upper right corner. This will display a reference USD price for the targeted assets, helping you make informed trading decisions. However, please note that this does not represent the actual exchange rate for your transaction.

 

 

 

 

Step 4: Choose the account from which you want to use funds, and once the transaction is completed, your converted coin will be credited back to the selected account.

 

 

 

Step 5: Check your order details before you confirm to Buy or Sell.

 

 

You have converted buy or sell your targeted assets successfully! 

 

 

How to View Easy Buy Order History

To view your order history, tap on the history icon located in the upper right corner. Then, select the account type used for the transaction and your conversion type, whether it's crypto-crypto or fiat-crypto.

 

Frequently Asked Questions

Are there any trading fees for using Easy Buy?

No, there are no fees for using Easy Buy. The quoted receivable assets displayed will be the exact amount of assets you will receive in your account once the conversion is executed.

 

 

 

Which account will my converted assets be credited to?

Easy Buy is currently available via Funding, Spot, Derivatives, Inverse Derivatives, and Unified Trading Accounts. Your assets will be credited to the account from which the conversion originated.

 

 

 

Why is the exchange rate different from the last traded price on Spot Market?

The real-time conversion rate is based on the best quote price from several market makers according to the current index price and therefore, it can be different from the Spot Market.

 

 

 

What are the minimum and maximum transaction limits for Easy Buy?

The minimum and maximum transaction limits will vary for different coins. Please refer to the single limit stated on the page before you place the order. You can also view the details here.