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LTC to USD?

Posted: Mon Jan 18, 2016 8:43 am
by kires
Given the issues and uncertainty that BTC is currently facing, I'm wondering if it would be possible to cut it out of my process entirely, in favor of LTC. I'm not interested in holding any coins at this time, so I'm currently using Coinbase to convert BTC to USD and send it to my bank account. Coinbase, as you know, does not support LTC which means I have to use BTC to convert my earnings to USD. I've been looking around, but I've not found an exchange that works for selling LTC as simply as coinbase does for BTC. Some don't work with US banks, some charge hilarious fees, and.. well, I haven't found any that get the job done better than Coinbase. Do you know of any exchanges that can:

1. Convert LTC to USD.
2. Send the money to a US bank account.
3. Do both of these things while not charging fees that make it pointless to use their service?

Re: LTC to USD?

Posted: Mon Jan 18, 2016 9:53 am
by Some1notu
Circle is MUCH better than Coinbase, but it doesn't do LTC either.

Re: LTC to USD?

Posted: Mon Jan 18, 2016 10:12 am
by Chris Sokolowski
I don't know of any automated method, but you can use Poloniex to sell LTC to USDT and then use Tether to transfer USD to your bank account.

Re: LTC to USD?

Posted: Mon Jan 18, 2016 10:48 am
by kires
Thanks, guys. Tether looks pretty neat, except for that bit about charging 20 bucks per payout to a bank account.

Re: LTC to USD?

Posted: Mon Jan 18, 2016 11:42 am
by Chris Sokolowski
Wow, I didn't know about how expensive their transfers were. I've never used their service, I just knew it existed.

Re: LTC to USD?

Posted: Mon Jan 18, 2016 2:47 pm
by kires
Yeah, Coinbase really seems to be the only game in town for getting small amounts of btc proceeds to one's bank account. Explains why I was having a hard time finding something better, at least. :lol:

Re: LTC to USD?

Posted: Mon Jan 18, 2016 5:09 pm
by Some1notu
Seriously, Circle has better prices and doesn't fuck with you like Coinbase.

Re: LTC to USD?

Posted: Tue Jan 19, 2016 12:21 pm
by kires
I'll check them out. Thanks!