Currency Exchange

The in-wallet Currency Exchange feature allows you to exchange BTC, ETH, USDT, USDC, and COV amongst each other, directly between your PrimeXBT account Wallets.
How to exchange currencies
To Exchange currencies, navigate to the Dashboard page in the Main section of your account:

1️⃣ Click the ‘Exchange’ button at the top of the page:
2️⃣ Choose exchange parameters:
the Currency and Amount that you want to exchange
and the Currency to receive (this Amount** field will be calculated automatically)
**The Amount field for the received currency is calculated automatically every 15 seconds, based on the current exchange rate between the selected currencies, and will be valid for up to 15 seconds, as indicated in the exchange rate validity timer.
Exchanged currencies will be automatically deducted/credited to the corresponding Wallets. For example, if exchanging BTC > ETH, the exchanged amount of BTC will be withheld from the account’s BTC wallet, while the received ETH will be credited to the account’s ETH wallet.
Exchange transactions and their corresponding details (such as exchange rate, date of the exchange, etc.) can be found in the Transfers History section of on the accounts 'Reports' page.
Additionally, you can access the Exchange module from the Android or IOS applications from your mobile device:
1️⃣  To proceed with the exchange of your funds, on the 'Home' section of the applications, select the currency you wish to exchange and the currency you wish to receive after the exchange 
 and click the 
 button.
The current available exchange rate will be updated dynamically and indicated by a 'count-down timer' until it expires.
2️⃣  On this page you will be able to view your current Wallet balance for the selected currency and deposit additional funds if necessary by selecting the corresponding 'Deposit' button: 
Once you have selected the desired exchange direction, the amount of currency to exchange, and chosen a fitting exchange rate, click on the blue 'Confirm' button to execute the exchange. 
After the exchange has been processed, the funds will be credited to the corresponding Wallet. 
You can also access the Exchange module by navigating to any of your account Wallets from the 'Home' section of the application. 

Once the desired Wallet is chosen, click on the blue "Exchange" button to proceed:
Exchange limits
Each exchange pair/direction will be subject to their own maximum daily exchange limits as well as exchange volume per transaction limits, with the current limits being.

For example BTC > ETH and ETH > BTC are separate exchange directions with separate daily/transaction limits.

Below is a table of the current minimum and maximum exchange amount per transaction, as well as the daily exchange limit for each separate pair/direction (reflected in the base currency)
FROM
Currency ➡
​
​➡
 TO
Currency
Min/Transaction
Max/Transaction
Daily Limit
​
 BTC
​
 ETH
0.0005 BTC
0.5 BTC
2.5 BTC
​
 BTC
​
 USDT
0.0005 BTC
0.5 BTC
2.5 BTC
​
 BTC
​
 USDC
0.0005 BTC
0.5 BTC
2.5 BTC
​
 BTC
​
 COV
0.0005 BTC
0.25 BTC
1.25 BTC
​
 ETH
​
 BTC
0.008 ETH
8 ETH
40 ETH
​
 ETH
​
 USDT
0.008 ETH
8 ETH
40 ETH
​
 ETH
​
 USDC
0.008 ETH
8 ETH
20 ETH
​
 ETH
​
 COV
0.008 ETH
4 ETH
10 ETH
​
 COV
​
 BTC
40 COV
20,000 COV
100,000 COV
​
 COV
​
 ETH
40 COV
20,000 COV
100,000 COV
​
 COV
​
 USDT
40 COV
20,000 COV
100,000 COV
​
 COV
​
 USDC
40 COV
20,000 COV
100,000 COV
​
 USDT
​
 BTC
20 USDT
20,000 USDT
100,000 USDT
​
 USDT
​
 ETH
20 USDT
20,000 USDT
100,000 USDT
​
 USDT
​
 USDC
20 USDT
20,000 USDT
100,000 USDT
​
 USDT
​
 COV
20 USDT
10,000 USDT
50,000 USDT
​
 USDC
​
 BTC
20 USDC
20,000 USDC
100,000 USDC
​
 USDC
​
 ETH
20 USDC
20,000 USDC
100,000 USDC
​
 USDC
​
 USDT
20 USDC
20,000 USDC
100,000 USDC

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Outline

How to exchange currencies

Exchange limits