Sunday, December 22, 2013

Changing Litecoin into money

Litecoin LogoYou may have noticed that cryptocurrencies went crazy in last weeks , with a Bitcoin to over $ 1000 .

I think it's too late to start Bitcoin mining , and even Litecoin. However I mined a few Litecoin there some time, and I wondered how exchange them now .

I looked for sites to do it, and I decided to share the adresses I tested and have worked for me.


DISCLAIMER: WITH BITCOINS EVERYTHING IS TOO FAST. A RELIABLE SITE ONE DAY MAY BANKRUPTCY NEXT DAY .

First step , mine the Litecoin :
I think it is not worth mining now given the current difficulty, but for your information , I have mined my Litecoin with the following two pool which are still active :
https://litecoinrain.org/en/: a small PPLNS pool
https://www.coinotron.com/ : a big PPS pool

Changing Litecoin into Bitcoin.
There are many exchange market. I tested and received my Bitcoin with following sites:
https://btc-e.com/:
https://vircurex.com/:

For my transfer, I didn't wanted to use the site systems to make transfers to a bank, because I do not want to give my bank details. So I transferred my bitcoins on my computer, and I tried find a Bitcoin site paying through PayPal.

Transforming Bitcoins currency :
The site I found can buy very small amounts of Bitcoins and paid them on Paypal account.
It is https://coin2pal.info/, where I sold 0.06 BTC for 41$ in November.

I do not know how much was lost in fees made ​​by each of these intermediates, but at least I got something.

3 comments:

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