Instant Convert
What is the Instant Convert feature on Mobee?
The Instant Convert feature on Mobee allows you to convert assets quickly without waiting for order book matching. Applicable CFX fees and taxes are included in the quote and shown before you confirm. To use this feature:
- Select the asset you want to convert and the target asset.
- By default, the conversion is set from Rupiah (IDR) to Bitcoin (BTC).
- Conversion rates are based on current market prices and are updated every 10 seconds.
- Press the convert button, and the assets will be converted instantly.
- The new assets will immediately appear in your account.
What are the benefits of using Instant Convert?
The benefits of using Instant Convert in Mobee include:
- Fast conversion. Convert your assets instantly without waiting for order book matching.
- One-click transaction. Convert your assets with just a single click, making the process quick and effortless.
- Transparent quote and fees. The conversion screen shows the rate, CFX fee, applicable tax, and total before you confirm.
- No Slippage. The convert feature ensures that your conversion happens at the exact rate displayed.
How does Instant Convert work?
Instant Convert works by utilizing real-time exchange rates or market prices to provide immediate conversion. Users simply enter the amount and select the currencies or financial instruments they wish to convert, and the transaction is processed instantly.
Are there any additional fees when using Instant Convert?
Yes. Instant Convert applies the relevant CFX fee and applicable tax based on the pair and transaction type. The current CFX fee is 0.0222% for IDR pairs and USDT/IDR, and 0.0444% for non-IDR pairs such as USDT and USDC. Some pairs, such as USDT/IDR, may also have a trading fee. You will see the total before confirming.
Instant Convert
What is the Instant Convert feature on Mobee?
The Instant Convert feature on Mobee allows you to convert assets quickly without waiting for order book matching. Applicable CFX fees and taxes are included in the quote and shown before you confirm. To use this feature:
- Select the asset you want to convert and the target asset.
- By default, the conversion is set from Rupiah (IDR) to Bitcoin (BTC).
- Conversion rates are based on current market prices and are updated every 10 seconds.
- Press the convert button, and the assets will be converted instantly.
- The new assets will immediately appear in your account.
What are the benefits of using Instant Convert?
The benefits of using Instant Convert in Mobee include:
- Fast conversion. Convert your assets instantly without waiting for order book matching.
- One-click transaction. Convert your assets with just a single click, making the process quick and effortless.
- Transparent quote and fees. The conversion screen shows the rate, CFX fee, applicable tax, and total before you confirm.
- No Slippage. The convert feature ensures that your conversion happens at the exact rate displayed.
How does Instant Convert work?
Instant Convert works by utilizing real-time exchange rates or market prices to provide immediate conversion. Users simply enter the amount and select the currencies or financial instruments they wish to convert, and the transaction is processed instantly.
Are there any additional fees when using Instant Convert?
Yes. Instant Convert applies the relevant CFX fee and applicable tax based on the pair and transaction type. The current CFX fee is 0.0222% for IDR pairs and USDT/IDR, and 0.0444% for non-IDR pairs such as USDT and USDC. Some pairs, such as USDT/IDR, may also have a trading fee. You will see the total before confirming.