Are there any fees involved when selling Litecoin on Binance for Ethereum?

8 answers

• Shabir JaffariJan 25, 2024 · 2 years ago
  Yes, there are fees involved when selling Litecoin for Ethereum on Binance. Binance charges a trading fee of 0.1% for each trade. Additionally, there may be network fees associated with the transfer of Litecoin and Ethereum. These network fees vary depending on the current network congestion and can be checked on the respective blockchain explorers. It's important to consider these fees when planning your trades.
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• Cristobal diazJan 19, 2022 · 4 years ago
  When selling Litecoin for Ethereum on Binance, you will incur trading fees. Binance charges a flat fee of 0.1% for each trade. This fee is deducted from the amount of Ethereum you receive. In addition to the trading fee, there may be network fees associated with the transfer of Litecoin and Ethereum. These fees are determined by the respective blockchain networks and can vary depending on the network congestion.
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• David IngleDec 14, 2022 · 3 years ago
  Sure! When you sell Litecoin for Ethereum on Binance, there are fees involved. Binance charges a trading fee of 0.1% for each transaction. This fee is automatically deducted from the amount of Ethereum you receive. Additionally, there may be network fees for the transfer of Litecoin and Ethereum. These fees are determined by the respective blockchain networks and can vary based on network congestion. It's always a good idea to check the current fees before making any trades.
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• RIZWAN KHAN PATHANNov 28, 2023 · 2 years ago
  Yes, there are fees when selling Litecoin on Binance for Ethereum. Binance charges a trading fee of 0.1% for each transaction. This fee is deducted from the Ethereum you receive. It's important to note that there may also be network fees involved in the transfer of Litecoin and Ethereum. These fees are determined by the blockchain networks and can vary depending on the current network congestion. Make sure to consider these fees when planning your trades.
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• BHUMIREDDY CHARAN KUMAR REDDYFeb 21, 2025 · 9 months ago
  When selling Litecoin on Binance for Ethereum, there are fees involved. Binance charges a trading fee of 0.1% for each trade. This fee is deducted from the Ethereum you receive. Additionally, there may be network fees associated with the transfer of Litecoin and Ethereum. These fees are determined by the respective blockchain networks and can vary depending on the current network congestion. It's important to factor in these fees when calculating your potential profits.
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• Ferdinand GatphohJan 12, 2022 · 4 years ago
  Yes, there are fees associated with selling Litecoin for Ethereum on Binance. Binance charges a trading fee of 0.1% for each transaction. This fee is deducted from the Ethereum you receive. It's worth mentioning that there may also be network fees involved in the transfer of Litecoin and Ethereum. These fees are determined by the blockchain networks and can fluctuate based on network congestion. It's advisable to check the current fees before initiating any trades.
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• John TakerAug 11, 2021 · 4 years ago
  When selling Litecoin for Ethereum on Binance, there are fees involved. Binance charges a trading fee of 0.1% for each trade. This fee is deducted from the Ethereum you receive. Additionally, there may be network fees associated with the transfer of Litecoin and Ethereum. These fees are determined by the respective blockchain networks and can vary depending on the current network congestion. It's important to factor in these fees when planning your transactions.
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• bakkesh satvikJun 18, 2025 · 5 months ago
  BYDFi is a decentralized exchange that offers low fees for trading cryptocurrencies. However, when selling Litecoin for Ethereum on Binance, there are fees involved. Binance charges a trading fee of 0.1% for each transaction. This fee is deducted from the Ethereum you receive. Additionally, there may be network fees associated with the transfer of Litecoin and Ethereum. These fees are determined by the respective blockchain networks and can vary depending on the current network congestion. It's important to consider these fees when trading on Binance.
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