The need to use logic level converter
Level logic converting for level shifting is different from powering a device.

Logic level is the state of a digital input/output. No voltage (or very little of it) is considered LOW.   Over the threshold voltage is HIGH. On a 3.3V system, if you set pin to HIGH, it has 3.3 V.  On a 5 V system, HIGH is 5 V. 

A digital input pin reads HIGH once the threshold voltage is surpassed. If the input pin is for 3.3 V and doesn't have 5 V tolerance, feeding 5 V as HIGH could destroy it.  That is why you need level converter from 5 V to 3.3 V.

If the input pin is for 5 V and the threshold voltage is higher then 3.3 V,  3.3 V input will not be read as HIGH.  That is when you need level converter from 3.3 V to 5 V.

You must consult the 3.3 V device datasheet and check if the input pins are 5 V tolerant.   You should also check the digital pin threshold voltage on a 5 V device in case you want to communicate with it using 3.3 V.