Given the issues and uncertainty that BTC is currently facing, I'm wondering if it would be possible to cut it out of my process entirely, in favor of LTC. I'm not interested in holding any coins at this time, so I'm currently using Coinbase to convert BTC to USD and send it to my bank account. Coinbase, as you know, does not support LTC which means I have to use BTC to convert my earnings to USD. I've been looking around, but I've not found an exchange that works for selling LTC as simply as coinbase does for BTC. Some don't work with US banks, some charge hilarious fees, and.. well, I haven't found any that get the job done better than Coinbase. Do you know of any exchanges that can:
1. Convert LTC to USD.
2. Send the money to a US bank account.
3. Do both of these things while not charging fees that make it pointless to use their service?
LTC to USD?
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The Cryptocurrency Discussion forum is complementary to Bitcoin Thoughts and is a a place to discuss shorter thoughts about bitcoins, altcoins, and cryptocurrencies.
Topics may include bitcoin prices, outlooks on altcoins, cryptocurrency development, economics, and more. Feel free to share outlooks on other things as long as the major focus is on cryptocurrencies. Announcement posts are prohibited in this forum; review the rules in the other Prohashing forums for the best place to post your announcement.
For the full list of PROHASHING forums rules, please visit https://prohashing.com/help/prohashing- ... rms-forums.
Re: LTC to USD?
Circle is MUCH better than Coinbase, but it doesn't do LTC either.
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Chris Sokolowski
- Site Admin
- Posts: 945
- Joined: Wed Aug 27, 2014 12:47 pm
- Location: State College, PA
Re: LTC to USD?
I don't know of any automated method, but you can use Poloniex to sell LTC to USDT and then use Tether to transfer USD to your bank account.
Re: LTC to USD?
Thanks, guys. Tether looks pretty neat, except for that bit about charging 20 bucks per payout to a bank account.
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Chris Sokolowski
- Site Admin
- Posts: 945
- Joined: Wed Aug 27, 2014 12:47 pm
- Location: State College, PA
Re: LTC to USD?
Wow, I didn't know about how expensive their transfers were. I've never used their service, I just knew it existed.
Re: LTC to USD?
Yeah, Coinbase really seems to be the only game in town for getting small amounts of btc proceeds to one's bank account. Explains why I was having a hard time finding something better, at least. 
Re: LTC to USD?
Seriously, Circle has better prices and doesn't fuck with you like Coinbase.
Re: LTC to USD?
I'll check them out. Thanks!