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What is the process to exchange Litecoin for Bitcoin on Coinbase?

avatarericDec 27, 2021 · 3 years ago1 answers

Can you explain the step-by-step process to exchange Litecoin for Bitcoin on Coinbase? I'm new to cryptocurrency trading and would like to understand how it works on Coinbase.

What is the process to exchange Litecoin for Bitcoin on Coinbase?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide on how to exchange Litecoin for Bitcoin on Coinbase: 1. Log in to your Coinbase account. 2. Navigate to the 'Trade' tab. 3. Choose 'Litecoin' as the currency you want to sell and 'Bitcoin' as the currency you want to buy. 4. Enter the amount of Litecoin you want to exchange. 5. Review the transaction details and click on 'Preview Buy' or 'Preview Sell'. 6. Confirm the transaction by entering your Coinbase account password. 7. Wait for the transaction to be processed. 8. Once the transaction is complete, you will see the Bitcoin balance in your Coinbase account. That's it! You have successfully exchanged Litecoin for Bitcoin on Coinbase. If you have any more questions, feel free to ask!