Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: TheHippy on January 06, 2018, 02:42:10 PM



Title: Almost ready to throw in the towel
Post by: TheHippy on January 06, 2018, 02:42:10 PM
OK. I'll come clean. I'm getting on in years, and am TOTALLY BLOODY CONFUSED. I purchased LTC from Coinbase, but rather than leave it there, I moved it to an Exodus wallet, as I kept getting told 'get a Wallet away from the exchange'. I'd like to cash back to my Nationwide (UK) account, SOME of the LTCs. I've set up a Revolut account. Of course, with any new technology, there is new terminology! Soooo .... to get some of those LTCs value back to my Nationwide account, from Exodus, do I sell the coins? trade them? Do I upload them again to Coinbase and then send to Revolut then onto Nationwide account? I really need help with this before I go forward and buy more. We're not talking big investments here, but it's important I know how all aspects of it works before going forward. I've yet to find a step by step guide that helps out peeps like me. 


Title: Re: Almost ready to throw in the towel
Post by: TheHippy on January 06, 2018, 05:32:58 PM
Seven views and no ideas then??  Hah!  NINE views then. . .


Title: Re: Almost ready to throw in the towel
Post by: nakauten on January 06, 2018, 06:57:17 PM
OK. I'll come clean. I'm getting on in years, and am TOTALLY BLOODY CONFUSED. I purchased LTC from Coinbase, but rather than leave it there, I moved it to an Exodus wallet, as I kept getting told 'get a Wallet away from the exchange'. I'd like to cash back to my Nationwide (UK) account, SOME of the LTCs. I've set up a Revolut account. Of course, with any new technology, there is new terminology! Soooo .... to get some of those LTCs value back to my Nationwide account, from Exodus, do I sell the coins? trade them? Do I upload them again to Coinbase and then send to Revolut then onto Nationwide account? I really need help with this before I go forward and buy more. We're not talking big investments here, but it's important I know how all aspects of it works before going forward. I've yet to find a step by step guide that helps out peeps like me. 

You need to trade your LTC's using coinbase trade it with usd pair then send your money to your  UK account if thats supported.


Title: Re: Almost ready to throw in the towel
Post by: Mr.Eddies on January 06, 2018, 07:10:43 PM
OK. I'll come clean. I'm getting on in years, and am TOTALLY BLOODY CONFUSED. I purchased LTC from Coinbase, but rather than leave it there, I moved it to an Exodus wallet, as I kept getting told 'get a Wallet away from the exchange'. I'd like to cash back to my Nationwide (UK) account, SOME of the LTCs. I've set up a Revolut account. Of course, with any new technology, there is new terminology! Soooo .... to get some of those LTCs value back to my Nationwide account, from Exodus, do I sell the coins? trade them? Do I upload them again to Coinbase and then send to Revolut then onto Nationwide account? I really need help with this before I go forward and buy more. We're not talking big investments here, but it's important I know how all aspects of it works before going forward. I've yet to find a step by step guide that helps out peeps like me. 

You just need to read more crypto work.


Title: Re: Almost ready to throw in the towel
Post by: misterBLK on January 06, 2018, 07:15:39 PM
doesn't know you have to sell coins to get dollars.And all these people gonna rage that crypto is ponzi and a scam after coins get correction. First read and learn about what you invest in, then start buying it.


Title: Re: Almost ready to throw in the towel
Post by: Ebalt on January 06, 2018, 07:29:00 PM
If you are in UK, exchange your LTC FOR BTC and you can then either sell through bittylicious where they will broker the trade for you and you will receive money by bacs faster payment (I've used this before but the rates aren't great) or you can use localbitcoins which again uses escrow and bacs from buyer and rates are better but I've not used them yet. I will do if and when I next cash out. Good luck


Title: Re: Almost ready to throw in the towel
Post by: holly.ball8 on January 06, 2018, 07:30:36 PM
OK. I'll come clean. I'm getting on in years, and am TOTALLY BLOODY CONFUSED. I purchased LTC from Coinbase, but rather than leave it there, I moved it to an Exodus wallet, as I kept getting told 'get a Wallet away from the exchange'. I'd like to cash back to my Nationwide (UK) account, SOME of the LTCs. I've set up a Revolut account. Of course, with any new technology, there is new terminology! Soooo .... to get some of those LTCs value back to my Nationwide account, from Exodus, do I sell the coins? trade them? Do I upload them again to Coinbase and then send to Revolut then onto Nationwide account? I really need help with this before I go forward and buy more. We're not talking big investments here, but it's important I know how all aspects of it works before going forward. I've yet to find a step by step guide that helps out peeps like me. 

Still don't know what OP means.


Title: Re: Almost ready to throw in the towel
Post by: JumboCactuar on January 06, 2018, 07:32:31 PM
Its pretty simple:

Revolut: send some EUR from here to your coinbase, this creates the link and allows you to then send EUR back to it.



Title: Re: Almost ready to throw in the towel
Post by: whenLada? on January 06, 2018, 07:39:06 PM
As an alternative their are several BTC ATMs in London and other cities. A few youtube videos are up showing you how to use them.


Title: Re: Almost ready to throw in the towel
Post by: Bummers on January 06, 2018, 07:44:54 PM
Its pretty simple:

Revolut: send some EUR from here to your coinbase, this creates the link and allows you to then send EUR back to it.




As above. All you need to do is the reverse of how you bought them.

So, sell the ltc back to euro, withdraw euro to your revolut account. Then convert back to GBP (if you're in the UK) and send that back to your bank account.