Today's brief discussion is for those of us who trade in binary. Where we will try to discuss how to use the small amount left in our balance.
What is dust?
Those of you who trade on banknotes or any other exchange will often find that some of the cryptocurrencies you trade are left with some coins left over.
Suppose you want to sell your Litecoin. Now your amount is 1.025684. Now if you trade in BTC / LTC and order 100% Litecoin, you may see that some of your entire Litecoin remains. Which you cannot sell that part. This very small amount of coins is called dust in the language of binance.This means that any very small amount of coins lying in the balance is called dust. And it gives you the opportunity to convert all your dust balances to balance. You can convert all those dust balances into BNB coins if you want.
So let's find out how you can convert your dust balance to BNB.
How to convert dust?
To convert your Dust Balance to BNB, first click on Spot Wallet from the Wallet option.
then click on convert BNB
Then you will see that only the minimum balances are showing again. Now select the cryptocurrencies you want to convert from here by ticking.
For example, after I select the token here (as shown in the screenshot below), the part marked by the box 1 shows how much total BNB I will get if I convert now. And box 2 shows the total fee to be deducted for this conversion. Now if you think everything is fine, click on Convert.
After clicking the Convert button, as shown in the screenshot below, the total value of your dust will be shown again in BNB. Now complete your Dust Balance Convert by clicking the Confirm button.
If you want to see the converted history of your Dust Balance, click on Conversion History. beside then convert history .. This is why no one should be worry now about their dust balance again ..
If you guys has any further question then you can ask !!
