Assuming you use 100 USDT to buy BTC, here is the comparison:
1. Convert:
Binance exchange rate displayed (with spread): 1 BTC = 61,000 USDT
You will receive approximately: 0.001639 BTC
2. Spot:
Actual market price: 1 BTC = 60,500 USDT
After a 0.1% fee (spot): you will receive approximately: 0.001648 BTC
Spread:
Convert receives about ~0.000009 BTC less
Equivalent to losing about 0.55 USDT
Conclusion
With 100 USDT, using Spot will yield about 0.5% more than Convert. The larger the trade, the more pronounced the difference. If optimizing the price is a priority, choose Spot.
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