How to Find the Best Conversion Rates and Supported Pairs
View available conversion pairs, compare rates, and understand how conversion pricing works on Midas.
The convert rate and the spot price are not the same number, and the gap is the convenience charge. For small amounts it is not worth the trouble to avoid; for large ones, a limit order on spot routinely beats it by more than the fee difference suggests. One check settles it: price the same size both ways before you commit. It takes a minute and on a large conversion it routinely pays for itself several times over.
Before you start
- Both routes open — the convert screen and the spot pair — so you can compare the same size on both.
View Supported Pairs
On the Convert screen, browse the asset selectors to see all supported conversion pairs. Popular pairs include BTC/USDT, ETH/BTC, SOL/USDT, and many more. The system supports direct conversion between most listed assets without needing an intermediate step.
Understand the Rate
The conversion rate includes a small spread built into the quoted price, and a 0.10% conversion fee is charged on top, taken out of the asset you receive. For large amounts, the spot trading interface may offer tighter spreads but requires more steps.
Compare with Spot Trading
For frequent or large conversions, compare the Convert rate with the current spot market price. Convert is optimized for convenience and speed with guaranteed execution. Spot trading may offer slightly better pricing but requires placing and managing orders.
View Conversion History
Navigate to Convert > History to see all past conversions with timestamps, rates, input amounts, and output amounts. This helps you track your activity and verify that conversions were processed correctly.
If something goes wrong
- Convert looks worse than the chart price.
- It includes the spread. Compare against the actual spot bid or ask for your size, not the mid price on the chart.
- Large conversions quote noticeably worse.
- Size is priced into the quote. Splitting it, or using a limit order on spot, usually costs less.
- The convert rate moved between the quote and your confirmation.
- Quotes expire deliberately in a moving market. A fresh quote is the current price, not a penalty.
Frequently asked questions
- When is convert the better choice?
- Small amounts, odd pairs, and any time speed and simplicity are worth more than a few basis points.
- When is spot better?
- Larger amounts on a liquid pair, where a limit order earns the maker rate instead of paying a spread.
- Where do I see what I paid?
- The conversion history records the rate applied to each trade, which is the only way to compare after the fact.
- Is there a size above which spot is always better?
- No universal number — it depends on the pair's depth. Compare the received amount for your size on both routes, which is the only reliable test.
- Do conversions count toward VIP volume?
- Where the program counts them, at the rate stated on the VIP page. Convert and spot are not always treated the same way.
- Does the spread widen at certain times?
- It reflects liquidity, so quiet hours and volatile moments both tend to widen it. Comparing at the moment you intend to trade is the only meaningful test.