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Are there any fees involved in converting Litecoin to Bitcoin on Binance?

abdul rehmanMay 23, 2022 · 3 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

  • May 23, 2022 · 3 years ago
    Yes, 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.
  • May 23, 2022 · 3 years ago
    Absolutely! 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.
  • May 23, 2022 · 3 years ago
    Yes, 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.