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Author Topic: Quick Question about litecoins & Wallets  (Read 447 times)
previse (OP)
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April 24, 2013, 04:09:24 PM
 #1

I'm gonna be mining litecoins now and i'm a bit skeptical about what wallet to use.

I'm thinking BTC-E would be best because i can buy/sell right on there so theres no multiple transfers necessary.
also if i use BTC-E (Which i havent used yet) how would i go about selling the LTC and getting the money to my bank or paypal?

Thanks
lostgods
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April 24, 2013, 04:11:53 PM
 #2

Wallets are for storing and transferring coins. As of right now, I believe you need to use a 3rd party in order to cash them out.
previse (OP)
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April 24, 2013, 04:14:19 PM
 #3

No i understand what wallets are what i'm asking is;

Are there any LTC wallets that are easy to buy/sell withdraw usd and deposit usd? BTC-E seems hard to get my money from my LTC
Dawesom
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April 24, 2013, 04:19:39 PM
 #4

I think you're confusing wallets with the exchange...and someone should correct me if I'm wrong.  You can transfer LTC from your wallet to BTC-E, sell them and then choose to be paid out.  But I don't think you can mine coins directly into your BTC-E account.  Getting paid out after selling them on the exchange is a whole other ordeal.
previse (OP)
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April 24, 2013, 04:26:35 PM
 #5

Sorry i'm not wording it right

I'm mining for give-me-ltc and then my payout address is my btc-e, so i'm loading them in there. Nothing will happened to them correct?
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