how to convert baino to fiat
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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Converting Baino to Fiat is easily done when you want to convert Baino currency to Fiat currency such as dollar (USD), while considering TRP as your base currency value. To convert Baino to Fiat, it is important to understand that 1.00 baino TRP is equal to 0.01 fiat USD.
Therefore converting Baino TRP to Fiat USD using 1000 as the base value; simply multiply 1000 by 0.01 and you will get the value in dollar, which is definitely 10 USD.
Choose a Platform: Use Binance or a trusted exchange supporting BNB-to-fiat conversions (e.g., Kraken, Coinbase).
Sell BNB for Fiat:
On Binance: Go to “Trade” > “Spot” > Sell BNB for your desired fiat (e.g., BNB/USDT, then USDT to NGN via P2P or direct sell).
On P2P: Use Binance’s Peer-to-Peer (P2P) platform to sell BNB directly for fiat (e.g., NGN) with verified buyers.
Withdraw to Bank: Transfer the fiat to your linked bank account. Ensure KYC is completed for withdrawals.
Alternative Methods:
Use third-party services like Payeer or Skrill if your exchange lacks direct fiat pairs.
Convert BNB to stablecoins (USDT, USDC) first for broader fiat options.
Note: Fees, processing times, and limits vary by platform. Always check exchange rates and compliance with local regulations (e.g., Nigeria’s crypto policies).