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Is it possible to transfer Litecoin to Dogecoin directly?

Faber PettyJul 20, 2021 · 4 years ago3 answers

I am wondering if it is possible to transfer Litecoin to Dogecoin directly without going through an exchange? Can I send my Litecoin to a Dogecoin address and have it converted automatically?

3 answers

  • shadowspire jrOct 08, 2022 · 3 years ago
    Yes, it is possible to transfer Litecoin to Dogecoin directly through a process called atomic swaps. Atomic swaps allow for the exchange of cryptocurrencies without the need for a centralized exchange. However, atomic swaps are still relatively new and may not be widely supported by all wallets and platforms. It is important to ensure that both the Litecoin and Dogecoin wallets you are using support atomic swaps before attempting this type of transfer.
  • Salazar MelgaardApr 08, 2024 · 2 years ago
    No, it is not currently possible to transfer Litecoin to Dogecoin directly without using an exchange. Cryptocurrency exchanges act as intermediaries for converting one cryptocurrency to another. To transfer Litecoin to Dogecoin, you would need to send your Litecoin to an exchange that supports both cryptocurrencies, sell your Litecoin for Bitcoin or another intermediary cryptocurrency, and then use that intermediary cryptocurrency to buy Dogecoin. This process typically incurs transaction fees and may take some time to complete.
  • Bhavya PokalaSep 17, 2025 · 2 months ago
    BYDFi, a popular cryptocurrency exchange, offers a feature called cross-chain swaps that allows users to directly transfer Litecoin to Dogecoin without the need for an intermediary cryptocurrency. This feature is available to all BYDFi users and can be accessed through the platform's user-friendly interface. Simply select the Litecoin and Dogecoin wallets, enter the desired amount, and initiate the cross-chain swap. Please note that cross-chain swaps may have certain limitations and fees, so it is important to review BYDFi's terms and conditions before using this feature.

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