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MartinReynolds (OP)
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May 05, 2013, 08:58:11 PM
 #1
Hello,

I have around 550 Litecoins that I am considering to trade for Bitcoins and I was wondering what's the best way to go about this, new to all this but highly experience to selling items on sites such as eBay but this is all new to me. Would I just go ahead and post a thread in the market and then arrange a deal.

Regards,

Martin.
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Bitsinmyhead
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May 05, 2013, 09:00:39 PM
 #2
Sign up for and use one of the exchanges. You can trade LTC for BTC on btc-e.com, vircurex.com or bter.com.
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█ █		■  Semux uses 100% original codebase
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MartinReynolds (OP)
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May 05, 2013, 09:02:47 PM
 #3
Quote from: Bitsinmyhead on May 05, 2013, 09:00:39 PM
Sign up for and use one of the exchanges. You can trade LTC for BTC on btc-e.com, vircurex.com or bter.com.

That could work, thanks for the sites. Do they have any commission fee's involved.

Regards,

Martin.
Bitsinmyhead
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May 05, 2013, 09:04:23 PM
 #4
Yes there are some small fees, but compared to the risk of getting ripped off by trading person to person here on the forum it is nothing to worry about.
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█ █		■  Semux uses 100% original codebase
■  Superfast with 30 seconds instant finality
■  Tested 5000 tx per block on open network		█ █
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vinny
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May 12, 2013, 12:04:40 AM
 #5
Anyone else noticed bter.com is off line now?

I'm about to give up, as bitfloor still owes me money.

-v
QuantPlus
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May 12, 2013, 06:54:40 PM
 #6
Quote from: vinny on May 12, 2013, 12:04:40 AM
Anyone else noticed bter.com is off line now?

I'm about to give up, as bitfloor still owes me money.

-v

There you go, it's back up.

These small exchanges have a HUGE inventive to stay in business...
Because it's a lot of work to get an exchange site running smoothly...
But once you reach critical mass = great cash flow.

What I have trouble understanding...
Is how Virtex is growing rapidly while charging 2-3% for most traders...
While the industry standard is in the 0.5% range.
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May 12, 2013, 09:50:03 PM
 #7
Quote from: MartinReynolds on May 05, 2013, 08:58:11 PM
Hello,

I have around 550 Litecoins that I am considering to trade for Bitcoins and I was wondering what's the best way to go about this, new to all this but highly experience to selling items on sites such as eBay but this is all new to me. Would I just go ahead and post a thread in the market and then arrange a deal.

Regards,

Martin.

You can, might want to use an escrow.  I've used Btc-e.
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miningusa
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May 13, 2013, 10:43:57 AM
 #8
I'd go for BTC-E even though I don't like it very much  Cheesy
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