Convert or Exchange — which to use

Use Convert when

• You just want coin A turned into coin B
• You want certainty about exactly what you will receive
• You do not want to learn order books and order types
• The amount is modest, so the spread built into the rate is not material

Use the Exchange when

• You want to set your own price and wait for it
• The amount is large enough that the cost difference matters
• You want a stop order to protect a position
• You want to see depth and recent trades before committing

The cost difference

The Exchange charges a visible 0.1%. Convert charges nothing separately but builds its cost into the quoted rate, which is generally the more expensive of the two — you are paying for simplicity and a guaranteed amount.