Don't convert your crypto dust (small balances) to the exchange's native coin during the bear market.

For those that don't know:

Crypto dust = when you have very small amounts (few cents to <5$ worth) of coins leftover in your CEX that can't be traded because the minimum amount that can be traded is higher, usually the minimum amount is 10$ per trade.

When you have a bunch of small amounts of many coins leftover, the CEX will you give you an option to convert small balances to BNB or KCS or whatever depending on the exchange you're using.

Cumulatively the dust can add upto 10-20$ or more and might seem like a good idea to convert since all that dust "isn't doing anything, just sitting there".

The random crypto dust might also trigger your OCD & tempt you to convert.

But you're paying 2% for this conversion which is much higher than the trading fee you pay in spot markets (~0.2%).

The most important thing is that this 10-20$ worth of dust will easily be worth 10x more in the next bull run & if you're lucky upto 100-1000x more in the next bull run. Extra 10-20$ right now won't make a difference, and you probably won't allocate that very well, it's better to have a mixbag of that dust.

You're essentially losing 2% when you convert dust, and you're converting it during the bear & handing over a well diversified basket of dust for a shitty CEX coin.

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So let your CEX account look a bit dusty, wait till the bull. They'll be worth enough to have the option to spot trade rather than using this "convert to exchange coin" option.