How to Convert to USD on Binance When Bitcoin is High with Only a .05% Fee

If you think BTC is over bought and you want to convert to USD, it's easy to do on Binance. Commonly called tether in chat rooms on the internet, it's a great way to lock in profits and wait for the next dip in Bitcoin to buy back. In the Binance application, click the USDT tab and then BTC/USDT. From there you can sell your BTC for a dollar amount. In the screenshot below, I'm putting in a sell order waiting for the dollar value to hit $11,900 to sell my BTC to USD. The great thing about this, is the fee is only .05% if you hold some BNB in your account. And, only .1% otherwise. That's pretty low compared to the price on Coinbase and other exchanges.