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Is it possible to exchange LBC for peso directly on a cryptocurrency exchange platform?

avatarKoichi NakayamadaDec 28, 2021 · 3 years ago3 answers

I'm wondering if it's possible to exchange LBC (LocalBitcoins) for peso directly on a cryptocurrency exchange platform. Can I convert my LBC to peso without having to go through multiple steps or using a third-party service? Are there any exchanges that support direct LBC to peso conversion?

Is it possible to exchange LBC for peso directly on a cryptocurrency exchange platform?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, it is possible to exchange LBC for peso directly on some cryptocurrency exchange platforms. These platforms offer LBC to peso trading pairs, allowing users to convert their LBC holdings into peso without the need for additional steps. One popular exchange that supports this conversion is Binance. By using the LBC to peso trading pair on Binance, you can easily convert your LBC to peso and vice versa.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, not all cryptocurrency exchanges offer direct LBC to peso conversion. Some exchanges may require you to convert LBC to a more widely accepted cryptocurrency, such as Bitcoin or Ethereum, and then convert that cryptocurrency to peso. This process may involve additional fees and steps. It's important to check the supported trading pairs of the exchange you are using to see if they offer direct LBC to peso conversion.
  • avatarDec 28, 2021 · 3 years ago
    Yes, you can exchange LBC for peso directly on the cryptocurrency exchange platform BYDFi. BYDFi supports the LBC to peso trading pair, allowing users to convert their LBC holdings into peso and vice versa. This makes it convenient for users who want to directly convert their LBC to peso without the need for additional steps or using a third-party service.