Convert Dust in Binance – What is “Dust”?

In the cryptocurrency world, dust refers to an extremely small amount of currency or token. Often this number is so small that it is usually forgotten or ignored. Bitcoin can be divided into 100 million satoshis, which means that 1 satoshi is equal to 0.00000001 bitcoins. Basically, you can call an amount less than a few hundred satoshi dust. The value of these quantities of tokens is usually less than the transaction fees required to transfer them.

When referring to cryptocurrency dust on exchanges, it refers to the tiny fraction of the exchange that is left behind. Most exchanges have minimum transaction limits, and usually these small transactions cannot be executed.

And Binance allows you to convert dust into BNB (BNB).

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How to Convert Your Dust

To convert your dust into BNB, first navigate the interface to Funds and click on Balances.

Click “Convert to BNB” on your balance screen.

Click Convert to BNB on your balance screen

From here you can see which tokens will be eligible to be converted into BNB (BNB).

To qualify, the dust must be worth less than 0.001BTC.

To qualify, the dust must be worth less than 0.001BTC

You can convert multiple tokens at the same time, and when you have selected the token you wish to convert, the expected BNB (BNB) will be displayed directly.

However, please note that the amount of BNB you will receive is only an estimate, because when converting to BNB, the system will be based on the current market price, which is the real-time market price of the corresponding cryptocurrency when you click the “Convert to BNB” button to convert.

After you click “Convert to BNB”, a confirmation screen will appear.

If you have confirmed that you want to convert to BNB, click the “Confirm” button and you will be directed to a conversion completion screen.

This operation can be done every 24 hours.

You can view your conversion history by clicking “Conversion History”.

Please note that delisted tokens cannot be converted.

Shortly after this action, you will be able to view the earned BNB in ​​your account balance.

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