Sell Litecoin with Fast Payout options

Sell Litecoin with Fast Payout options

Litecoin is a cryptocurrency, similar in lots of ways to bitcoin. Charlie Lee, the founder of litecoin, even based it off the older currency’s source code – and said he intended litecoin to be ‘silver to bitcoin’s gold’. Evan was introduced to cryptocurrency during the 2017 bull market and has been writing about it full-time since 2019.

The naira rate of litecoins in Nigeria is not constant. Often times, it goes hand in hand with the USD – NAIRA conversion rate but can also be affected by other factors. You can see current litecoins rates on Prestmit on your litecoin wallet page. If you are looking fro where to sell litecoins in Nigeria, Prestmit is the right place to be. Guaranteed instant payment and 100% security and trust, you can be sure you are in a safe place.

https://www.beaxy.com/ is one of the first cryptocurrencies developed after bitcoin, which explains the similarity in the protocol. Binance accepts a wide range of currencies and makes it easy for you to buy crypto using USD , EUR, CNY, AUD, INR, RUB, and other fiat currencies. You can also use a wide range of accepted stablecoins such as Binance USD , Coinbase USD Coin , and Tether to buy crypto. Coindirect offers extensive experience in moving money securely through a network of banks and liquidity providers, across many different countries. At Prestmit, we believe everyone deserves the chance to gain, profit, and benefit from modern digital assets, which drives us to help those most in need.

How to sell Litecoin

Buy, sell and store Bitcoin, Ethereum and over 40 other cryptocurrencies. At the main page, choose SELL menu in the upper menu and click the cryptocurrency you want to sell . Automatic means there is no human involved and exchange automatically will be processed as soon as we’ll get your confirmed payment. Automatic exchange directions are very fast from few seconds to 5-10 minutes. Prestmit rates are impressive and instant payment is guaranteed.

You LTC could buy Litecoin when the price is low then hold on to it until the price goes back up. Once the price has risen and does not look to rise again, you can sell it for profit. There are a lot of aspects to trading, such as bid/ask prices, moving averages, and going long or going short. Technical knowledge is incredibly important when trading, since it can be very easy to make mistakes. Alternatively, you can also sell your Litecoin from a personal wallet. Exodus users are responsible for storing their own recovery phrase.

Private and Secure

The how to sell litecoin amount gets added to your naira wallet according to the corresponding rate once the transaction gets three confirmations on the Litecoin network. Waiting for these 3 confirmations is aimed at avoiding fraud and ensuring transaction non-reputability. While navigating your portfolio, click on the digital asset that you want to sell. Note that you can sell any amount of Litecoin buy before you can successfully withdraw your funds on eToro, you need a minimum of $30 in your available balance.

This is because Bitcoin is known to be a less scalable blockchain that handles transactions way slower than other superfast blockchains like Cardano or XRP. Exchanges have visible ‘order books,’ which portray buy and sell prices in accordance with the current market value of cryptocurrency. Alongside this, there are typically graphs which can help you visualise price action.

Send and receive LTC easily with a Litecoin address or scannable QR code. Contact us today whether you are a private individual or a corporate treasurer, and find out more about our service. We hope you find our service easy and convenient to use.

If the recovery phrase is lost, the user might BNB not be able to retrieve their private keys. Your data remains private – no account setup or verification required. We work only with verified and trusted partners to give you a secure and seamless crypto-buying experience.

Discount is provided only to registered users (How-to register). In this manual as an example we’ll show you how to sell your Litecoin for Bitcoin . You can use one of the guide methods and then follow the selected guide method steps. Install the Prestmit app to trade on-the-go, anywhere, anytime.

The most popular trading bots are arbitrage trading bots, trend trading bots, Coin-lending bots, and market-making bots. For investors who would prefer to take advantage of the constant price changes of cryptocurrencies, trend trading bots are employed. Every crypto investor would like to make the most of the crypto market. However, some requirements must be fulfilled before one can maximize the market.

Go short as well as long

IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. As well as trading litecoin at the current price, you can select your preferred entry level. You can also add stops and limits to your positions to manage your risk or lock in profits. When you trade litecoin with IG you are speculating on price movements instead of buying and holding LTC, so you can open short positions as well as long ones. Secondly, you don’t have to put down the full value of a leveraged litecoin position upfront – just a deposit known as ‘margin’.

We may how to sell litecoin compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services.

Unfortunately, our bank currently does not process payouts during holidays and weekends. The payouts will be processed the next business day after the weekend/holiday. Do you want to know more about the current price of Litecoin and how the LTC price is calculated?

• Our advanced platform supports same day settlements across a wide range of countries, as demonstrated by our Asia and Europe example.
• The naira amount gets added to your naira wallet according to the corresponding rate once the transaction gets three confirmations on the Litecoin network.
• The only requirement is the need to add more coins to the system.
• With these brokers, the skepticism that your cryptocurrencies are not secured enough or could be intercepted by hackers is minimized.

The fees are lower than a market order and they are much lower than an instant sale. You should choose a limit order if you want to sell Litecoin at a specific price. Instantly and securely buy and sell Litecoin with other crypto assets from the comfort of your Litecoin wallet. The goal of Litecoin is to provide fast transaction confirmations. Created by ex-Google employee Charlie Lee, Litecoin is often considered the silver to Bitcoin’s gold.

Find out more about how leveraged litecoin trading works. Yes, it is easy to sell Litecoin by following Finder’s guide. A clear photo or scan of your ID with no glare or obstructed view is necessary. You will also need to upload a copy of a utility bill or bank statement that matches the address and name on the ID provided.

These exchanges are reputed to be efficient, secure, functional, and convenient for anyone. While no one can deny that the crypto market is volatile, some of these exchanges have certain features that can help to minimize the risk levels. For this tutorial, we would be highlighting one of the most efficient trading platforms – eToro. This broker is one of the top choices amongst the others listed above. It is popular for being resourceful to beginners and superbly maintaining the requirements of a useful crypto broker.

To sell Litecoin, you need a good broker that offers high liquidity. Brokers like eToro are a great option as they are befitting to any trader irrespective of their experience levels. EToro offers withdrawals to local banks or third-party payment services like PayPal. Their exchange rates are commendable as well, therefore it is a suitable broker for anyone in approved locations. If you are wondering when should be the right time to sell your Litecoin, you’re not alone. This guide would help you identify the best circumstances to sell your Litecoins.

Sometime in 2021, its price spiked up to a whopping $388. Litecoin has maintained a clear lead over most altcoins since then and it might attain more highs in the future. Fortunately, crypto taxes are measured in a fair equivalent to the USD.

You must also reside within the US or areas that the platform offers service to. Note that you cannot withdraw from eToro if you do not have a balance of $30. EToro processes your payments to your local bank so you would have to input your bank details as required. There are certain criteria that a broker demands that a user must fulfill before they can withdraw their funds. These criteria vary from being registered properly to integrating an acceptable payment channel. Some brokers and exchanges might require you to opt for a more secure security feature, mostly the two-factor authentication setting.

The value of the blockchain assets you swap is subject to market and other investment risks. Users can easily buy Bitcoin and other cryptocurrencies using a wide range of payment options, including bank transfer, credit or debit card, and cash. Binance is a safe and secure platform to buy and sell cryptocurrencies quickly using our streamlined buy/sell process.