Questions About Litetree Exchange

[0nlyBTC]

Found a Litecoin exchange (Litetree) recently and signed up for account. But searching the forums I found very little information about http://www.litetree.com/. My question is has anyone have more information on Litetree? Has anyone used it? If so, how was your experience?  

[aktiveradio]

Its new but no problems selling or getting paid.

[golguppe]

If you never deposit anything using PayPal or us bank, things are good:
You can transfer out litecoins.
Credit to PayPal works within a few hours, 3% fee + PayPal fees.
The volumes are low but there are lots of opportunities to sell coins 20% above market value.

But once You make a deposit using PayPal or us bank, all your coins and money is stuck in litetree for 30 days.
Made me pretty nervous.
Also there us bank transfer outs don't work last I tried a few days ago.

Hopefully this saves you some grief!