Are there any fees involved in converting Litecoin to Bitcoin on Binance?
Rayan ChaudharyJan 17, 2022 · 4 years ago3 answers
I'm planning to convert my Litecoin to Bitcoin on Binance. Can you please let me know if there are any fees involved in this conversion?
3 answers
- Shahzod TeshaboyevJul 14, 2024 · a year agoYes, there are fees involved when converting Litecoin to Bitcoin on Binance. Binance charges a trading fee of 0.1% for each transaction. Additionally, there may be network fees associated with the transfer of Litecoin and Bitcoin between wallets. It's important to consider these fees when planning your conversion.
- Cuong PhamSep 20, 2024 · a year agoAbsolutely! When you convert Litecoin to Bitcoin on Binance, there will be fees involved. Binance charges a trading fee of 0.1% for each transaction. In addition, you may also incur network fees for the transfer of Litecoin and Bitcoin. Make sure to take these fees into account before making your conversion.
- Shivani GiriOct 20, 2020 · 5 years agoYes, there are fees involved in converting Litecoin to Bitcoin on Binance. Binance charges a trading fee of 0.1% for each transaction. However, if you hold BNB (Binance Coin) in your account, you can use it to pay for the trading fees and get a discount. This can help reduce the overall fees for your conversion.
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