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Is the amount of Litecoin affected when purchasing on Coinbase with a bank transfer?

avatarAhmad JadallahDec 28, 2021 · 3 years ago3 answers

When purchasing Litecoin on Coinbase using a bank transfer, does the amount of Litecoin I receive get affected in any way?

Is the amount of Litecoin affected when purchasing on Coinbase with a bank transfer?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    No, the amount of Litecoin you receive when purchasing on Coinbase with a bank transfer is not affected. The amount of Litecoin you receive will be based on the current exchange rate at the time of the transaction. Coinbase will calculate the equivalent amount of Litecoin based on the USD value of your bank transfer. However, please note that Coinbase may charge a fee for the transaction, which will be deducted from the total amount of Litecoin you receive.
  • avatarDec 28, 2021 · 3 years ago
    When you purchase Litecoin on Coinbase using a bank transfer, the amount of Litecoin you receive will depend on the current exchange rate and any fees associated with the transaction. Coinbase will calculate the amount of Litecoin you receive based on the USD value of your bank transfer. It's important to note that the exchange rate can fluctuate, so the amount of Litecoin you receive may vary slightly from the time you initiate the transaction to the time it is completed.
  • avatarDec 28, 2021 · 3 years ago
    When purchasing Litecoin on Coinbase with a bank transfer, the amount of Litecoin you receive will be determined by the current exchange rate and any fees charged by Coinbase. It's important to keep in mind that the exchange rate can change, so the amount of Litecoin you receive may be slightly different from what you expect. If you have any concerns about the amount of Litecoin you will receive, it's always a good idea to double-check the exchange rate and any fees before completing the transaction.