How To Buy Litecoin - CoinAxis Saturday, 09 November 2013 Tutorials How to buy Litecoin I often get this question from people interested in litecoin, but don't know exactly how to buy them.Litecoin is faster version of bitcoin that uses a more memory intensive algorithm called Scrypt.Litecoin has enormous potential in the crypto-currency world, and is currently sitting at a $100 million dollar market capitalization.Being a newer crypto-coin on the market, litecoin doesn't have the available infrastructure that bitcoin has.Things like like an online payment systems & exchanges for litecoin are still being developed, and acquiring litecoin in the future should be much easier.I will outline two ways to purchase litecoin, one that would be geared towards users in the USA, and one that is more for users in Europe.How to buy litecoin - Users in USA Step-by-step Sign up for an account with BTC-E Sign up for an account with Coinbase Link bank account to Coinbase.

Buy bitcoin from Coinbase (after bank account linked) In the "Finances section" of BTC-E, generate bitcoin deposit address (Copy address) In "Send/Request Section" of Coinbase, send bitcoin to the BTC-E bitcoin address (paste address acquire from BTC-E) Wait for bitcoin deposit to show up in BTC-E.Select the LTC/BTC section, then purchase the amount of litecoin you want.To receive USD for litecoin, reverse the buy/sell/deposit/withdrawal process.(Sell LTC for BTC > Transfer BTC to Coinbase > Sell BTC > Transfer to bank) How to buy litecoin - Euro-zone (Method A) Step-by-step Sign up for an account with BTC-E Wire/deposit funds to BTC-E using one of the approved deposit methods (finances section of BTC-E) Select the EUR/LTC section Purchase the desired amount of litecoin.To receive EUR for litecoin, LTC for EUR (EUR/LTC section) > Transfer EUR to bank How to buy litecoin - Euro-zone (Method B) Sign up for an account with BTC-E Sign up for an account with Bitstamp.

Wire/deposit funds into Bitstamp account (deposit section - SEPA/International bank) Wait for deposit to show up in Bitstamp.Purchase bitcoins from Bitstamp.(buy/sell section) In the "Finances section" of BTC-E, generate bitcoin deposit address (Copy address) In "withdrawal section" of Bitstamp (select bitcoin on the left) copy BTC-E bitcoin address, and amount of bitcoin to transfer.(Paste) Wait for bitcoin deposit to show up in BTC-E.To receive EUR for litecoin, reverse the buy/sell/deposit/withdrawal process.(Sell LTC for BTC > Transfer BTC to Bitstamp > Sell BTC > Transfer to bank) Once you have purchased your litecoin in BTC-E, you can then leave the balance in BTC-E, or transfer it to your litecoin wallet on your computer.It is recommended that large quantities of litecoin/bitcoin should never be kept in an online wallet, or exchange.Please take great care to protect your investment by using strong pass-phrases & two-factor authentication whenever possible.

Bitcoin - CoinAxis Zillow CEO Obfuscates Bitcoin With Delicious Irony...Related Posts Comments Stickies Lovies People in this conversation Giora Spark Vizla John C. Georgie Powered by KomentoBuy, sell and exchange Litecoin 1.bitcoin diamond circleUseful for payments Address of receiving wallet: E-mail confirmation address (optional): Buy Litecoins - the worlds easiest, fastest and most secure way to buy Litecoins.bitcoin price wannacryIt's easy because you don't have to sign-up for an account to buy litecoins.dogecoin value miningIt's fast because we dont add any extra waiting time when you want to buy litecoins.bitcoin price drop february 2014

is as fast as crypto coins was meant to be - nearly instant.It's secure because we always require transactions to be confirmed by the network.That way the coins end up where they are supposed to and everybody stays happy.We also use a site-wide SSL protection (HTTPS) on the site making your data secure in every step of the proces of buying litecoins.sell bitcoin on craigslistLitecoin exchange you can exchange your Litecoins to any of the numerous crypto coins we support or you can exchange an altcoin for some more Litecoins in your wallet.bitcoin car magnetEither way, the system is designed to be fast, easy and 100% secure making it the perfect Litecoin exchange.tien bitcoin la giWe currently support Bitcoin, Litecoin, Dogecoin, Namecoin, Paycoin, Vertcoin, Feathercoin and Dashcoin.bitcoin forum speculation

Sell your Litecoins Are you a miner looking to sell all of the Litecoin rewards you receive keeping the Litecoin network secure? is the perfect way to sell Litecoins.We love miners so we made ExchangeMyCoins very easy to use for miners who needs to sell litecoins.bitcoin mining in kenyaYou can do manual exchanges or you can do continuous automatic exchanges without dealing with complicated APIs.Just keep transfering the litecoins you want to sell the the same deposit address you initially created and we will automatically exchange them to the coin you chose in the first place and send them to your wallet.As easy as selling litecoins should be!Here are the facts Litecoin is the third-largest crypto coin by market cap.Only Bitcoin and Ripple has a larger market capitalization.It is created by the former Google employee Charles Lee in October 2011.Litecoin is very similar to Bitcoin but with faster confirmation times - 2.5 minutes for litecoin vs.

10 minutes for bitcoin - and larger amount of total available coins.Bitcoin will end up having a total supply of 21 million coins and litecoin will have 84 million coins.Litecoin uses the Scrypt algoritm for hashing which is more memory intensive as opposed to Bitcoins SHA-256 algoritm.The idea was that miners could mine Bitcoin and Litecoin at the same time and that GPU and ASIC mining would be more difficult and expensive.Nevertheless ASIC miners are now the most common form of mining Litecoins.Founded: October 2011 Creator: Charles Lee Nickname/shortname: LTC Total supply: 84,000,000 litecoins Average block time: 2.5 minutes Value: 1 litecoin = 40.595821 USD Litecoin address length: 33 characters (numbers and letters) Litecoin address starting letter: L Current block height: 1227819 blocks Difficulty: 255206.125012824 Hashing algoritm: Scrypt ASIC miners available: Yes Mining reward: 50 Litecoins Litecoin wallet software: QT