How To Exchange Litecoin Into Bitcoin With Lowest Fees?

[Bohana 2143]

Please Do Not Comment Before You Read The Topic!!

 

Hello my friends. I have a question. We all know that Yobit withdrawal fees on Yobit are high and to solve this problem, we exchange Bitcoin into another coin with lower fees (in my case I exchanged to Litecoin).

My question is : how can I exchange Litecoin to Bitcoin again After I withdrawn from Yobit wallet with low fees? (without middleman).

[Zaino34 0]

You are right in this bitcoin withdrawal fees, and we can take advantage of the site and exchange it for other currencies like Ethereum and Litecoin because the withdrawal fees are low

[Bohana 2143]

40 minutes ago, Zaino34 said:

You are right in this bitcoin withdrawal fees, and we can take advantage of the site and exchange it for other currencies like Ethereum and Litecoin because the withdrawal fees are low

My friend I already know that. I wrote in bold red that read and understand the post before replying. Please read the post again and answer me if you have an answer!

[Cammer 4609]

2 hours ago, Bohana said:

Please Do Not Comment Before You Read The Topic!!

 

Hello my friends. I have a question. We all know that Yobit withdrawal fees on Yobit are high and to solve this problem, we exchange Bitcoin into another coin with lower fees (in my case I exchanged to Litecoin).

My question is : how can I exchange Litecoin to Bitcoin again After I withdrawn from Yobit wallet with low fees? (without middleman).

You have a great question here. I never tried this, but I think the best way is to do it through a trusted middleman. I know you have said "without middleman" in your post, but that's the only way with lowest fees. Otherwise, let's wait for other replies. 

[Nezar 7169]

It is true that the Bitcoin currency withdrawal fees are very high. Therefore, it is better for us to convert our currencies into Ethereum or Latecoin, and Ethereum is preferred because withdrawal fees from it are very low.

[malik6314193 5449]

simply you can convert it by trading you bitcoin into litcoin. it have too much little fee then others. and it is easy to convert on yobit. 

[Bohana 2143]

1 hour ago, kirubel said:

You can use coinbase wallet or blockchain wallet they have trading, or you can use coinpot it have no fee for exchanging.

My friend Blockchain doesn't accept Litecoin and I don't think that cryptocurrencies can be traded inside wallets, right?

[ahmedasd 192]

if you want to get bitcoin by litecoin   with low fee there arre some way to do but I think the best is to convert your litecoin to dogecoin and then convert from dogecoin to bitcoin this is my way in trading

[Mohssine 1725]

You can do this and you n yobit with a low fee , just go to market and and choose bitcoin to Litecoin, you can exchange it with a fee 0.2 % , is a really small fee. I think this is the best way to exchange LTC to BtC

[George10 9932]

If you want to exchange litecoin to btc without middle man then I suggest you do it within your wallet but exchange fees in some other wallets are so high and you can use wallets like blockchain or coinbase but you have to complete KYC for this matter.

[Dark_Sky 8489]

15 hours ago, Zaino34 said:

You are right in this bitcoin withdrawal fees, and we can take advantage of the site and exchange it for other currencies like Ethereum and Litecoin because the withdrawal fees are low

Yes that's right, exchanging while the good opportunity is happening is a good strategy. 

But mostly some exchanging by the use of wallets are high with out a middle man.

Much better to have a person you can trust and have many experiences when it comes to exchanging. 

[Brand1 1336]

It is true that the Bitcoin currency withdrawal fees are very high and it is better to choose another currency such as the Litecoin coin and you can convert the Bitcoin currency to Litecoin by selecting the btc symbol and then choosing Litecoin from the table and then a new list will appear for you to set the amount to be traded and then click on buy

[Honny143 13612]

In yobit exchange everyone knows bitcoin withdrawal fees is high, when compare to other coins, so that's why so many users use litecoin for transaction purpose, go trade option select litecoin then buy litecoins and withdrawal your litecoins in another account like coinbase, this wallet exchange fees also low.

[Bohana 2143]

2 hours ago, kirubel said:

No you can trade on wallets, let me show you the screenshots. and i definitely  know you can exchange your coins on coinpot

Wow I didn't know about that in Blockchain wallet! Still, Blockchain is no good for me in this situation as it doesn't support Litecoin. 

I will try out Coinbase because it seems the best!

Thank you. 

[Ch Ayyan 9781]

This is true withdrawal  fee of bitcoin  is very  high in yobit  and also  in other exchanges.  So  we should  exchange first our btc to lite coin or eth then we can take withdraw  with low fee.

[bitcoinb 1359]

On 4/4/2020 at 12:58 PM, Bohana said:

After I withdrawn from Yobit wallet with low fees? (without middleman).

@Bohana For doing it without middleman, the only way is Atomic swap, that mean you need to use a wallet with integrated exchange. I suuggest you Atomic Wallet.

[Raven 7817]

On 4/4/2020 at 6:58 PM, Bohana said:

Please Do Not Comment Before You Read The Topic!!

 

Hello my friends. I have a question. We all know that Yobit withdrawal fees on Yobit are high and to solve this problem, we exchange Bitcoin into another coin with lower fees (in my case I exchanged to Litecoin).

My question is : how can I exchange Litecoin to Bitcoin again After I withdrawn from Yobit wallet with low fees? (without middleman).

I suggest to you convert your litecoin to the ripple(XRP) first then after that withdraw it from yobit and send it to your wallet so the XRP on you wallet could convert to bitcoin(BTC) without transaction fees. That's what i did so i think it will work too if you do that. I used XRP when withdrawing from yobit because XRP has the lowest transaction fee that i knew. 

[BTC Future 3946]

On 4/4/2020 at 1:58 PM, Bohana said:

Please Do Not Comment Before You Read The Topic!!

 

Hello my friends. I have a question. We all know that Yobit withdrawal fees on Yobit are high and to solve this problem, we exchange Bitcoin into another coin with lower fees (in my case I exchanged to Litecoin).

My question is : how can I exchange Litecoin to Bitcoin again After I withdrawn from Yobit wallet with low fees? (without middleman).

This instruction is made for people that don't actually want to hold Bitcoin in their private wallet, but they just want to transfer the funds around to the exchange that allows them withdrawal in their national currency, or paypal.

If you want to sent Bitcoin to your private wallet, be it a browser wallet, a desktop one, or a hardware wallet, you will have to pay the Bitcoin fees.

[Virgil dijk 1431]

Well actually to exchange lithcoin to bitcoin you could follow same process which used when you changed your bitcoin to other coins which is you trade your lithcoin and buy bitcoin but you will actually be charged for transaction fees.

[Omar Ommeish 4872]

Yes, I saw today that the withdrawal fee for Bitcoin is very high, we must convert to another currency and then we withdraw, but I have not tried that yet.

[bentayebsalah 2280]

You can easily exchange Bitcoin to Litecoin from the YOBIT platform, and after you withdraw it, the wallet or platform must accept the exchange in order to convert Litecoin back to Bitcoin, otherwise you cannot

[aqua 773]

I don't know if there is a way that will help you to get the low fees because once you have litecoin in your Yobit wallet, you can send it into another exchange so that you can sell your Litecoin to have bitcoin back. But the problem is not all exchanges have low fees, and you need to find one by one of the exchanges. Maybe you can try to check on the Jaxx wallet because I see that in that wallet, there is an option for you to sell the other coins such as Litecoin into Bitcoin. So in this matter, you can have bitcoin again once you convert your litecoin.

[Beast921 952]

It's very simple my friend.There are two option in the yobit while trading btc to LTC and LTC to BTC.Buying means you are converting BTC into LTC.At the same time if you sell those LTC them you'll change your litecoins into bitcoins.That's simple.All the best.

[Ridam 7455]

Ok at First you need to withdraw your litecoin to any exchanges i prefer binance on which btc withdraw fee is less then you just exchange your coin to btc and withdraw it your wallet you like to store your coins it's easy.

[Jahida 67 960]

We can convert any coin from here.  And the coins are very low fees for exchange and withdrawal, so it has been a great benefit for all of us.thank you