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How do you sell litecoins.

Tags:
  • mining
  • litecoin
  • bitcoins
  • Windows
  • AMD
  • ATI
  • cryptocurrency
  • PC
  • litecoins
Last response: in Work & Education
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January 7, 2014 12:41:31 PM

Hello,

I'm mining litecoins and am interested in how to sell them. I have a few that I would like to sell.

Thanks for any help!

More about : sell litecoins

January 7, 2014 12:53:19 PM

Your best bet is to get an account at an exchange like BTC-E. You will have to proved proof of identity for them to send you money--depending on what country you live in.

Start by coming the alternative cryptocurrency forum at Bitcointalk.com

https://bitcointalk.org/index.php?board=67.0
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January 9, 2014 10:39:27 AM

Is this something similar to bitcoins? or is it something completely different?
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Best solution

January 11, 2014 9:41:35 AM

surfmastat said:
Is this something similar to bitcoins? or is it something completely different?


Very similar. Litecoin was the first "alternative crypto-currency" to spring up after Bitcoin. There are now about 150 different alt-coins, most of them are garbage; part of the "pump and dump" strategy in which someone creates a new coin and privately mines it, then when it is announced, the value jumps and they dump all the coins they "pre-mined."

Some of the alternative coins offer real innovation and value. Stablecoin offers a soon to be implemented mixing system that increases the anonymity of the coin spender. Namecoin offers the ability to include text in the coin itself. Etc, etc.
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