just a quick question about spirit binding gear ive read its alot faster if HQ and melded but does it matter what level 1 materias u use??

will it affect the potential materia when convert for example..

if im spirit binding electrum trinkets for crit 4 and meld junk fire/water materia 1 on it will that make fire/water materia possible from conversion?? sory if my questions are confusing ;/