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That depends... Mainly on what coins you want to buy with your Litecoins. If you want to buy a coin that can only be bought with Ethereum on an exchange then you will have to trade/convert Litecoin into Ethereum and pay another fee. I'm not an expert but there is not an easy yes or no answer in this situation due to the many variables. Hope that makes at least some sense.

Understood. I am new to Crypto and have only been converting Bitcoin when trading and was unaware of the other options. Thanks!