Topic: Best method for purchasing LiteCoins? (Read 1267 times)
My only beef with BTC-e is that they appear very Russia-centric and don't have widely known US-based USD funding sources. The funding sources they do have for USD are either non-english or down.
Vircurex is good, but you will generally get more litecoins for the same price if you buy on btc-e. They have higher volume, lower trading fees, and lower withdrawal fee.
Haven't used btc-e, but I'll second Vircurex being good. Been using it myself to buy litecoins lately.
I've been looking around and Dwolla seems OK so far as getting USD in and out of CampBX.com - it looks like it's just $0.25 to transfer in and $0.25 to transfer out.
Seems easy enough - now I just have to wait for the account to be verified.
Seems easy enough - now I just have to wait for the account to be verified.
Vircurex is good, but you will generally get more litecoins for the same price if you buy on btc-e. They have higher volume, lower trading fees, and lower withdrawal fee.
I am going to go with BTC-e. Hands Down.
What deposit method have you been using to bring value into BTC-e to do your LiteCoin purchases?
I am going to go with BTC-e. Hands Down.
* Transfer out (withdraw) my newly purchased bitcoins to my local bitcoin wallet [fees unknown]
* Transfer new bitcoins out from my local wallet into Vircurex [free]
You could combine these two steps by sending your coins straight to vircurex or BTC-e
That's true - Aside from that I think this will have to be the most solid way to move USD in for low fees at this point. I'm sad it's not like the old days where I could buy coins with Paypal at actual websites (when they didn't have much value and nobody was trying to rip anyone off_)
* Transfer out (withdraw) my newly purchased bitcoins to my local bitcoin wallet [fees unknown]
* Transfer new bitcoins out from my local wallet into Vircurex [free]
You could combine these two steps by sending your coins straight to vircurex or BTC-e
So back in the glory days (2011/04), I spent $14 to buy 20 BTC. I then promptly forgot about BTC for two years and just now realized I'm sitting on almost $900.
This has my speculatory interests piqued to say the least.
I'd like to dump perhaps $100 USD into LiteCoin, but I don't want to give up any of my BTC. Does the following seem like the least-BS way to get LiteCoin?
* Send $100 check to CampBX [$0.40 for a stamp]
* Do a "Spend-X Trade" for $100 of bitcoin [fees unknown]
* Transfer out (withdraw) my newly purchased bitcoins to my local bitcoin wallet [fees unknown]
* Transfer new bitcoins out from my local wallet into Vircurex [free]
* Buy LiteCoins at market price from Vircurex [1 LTC fee]
* Transfer newly traded-for LTC into local wallet [1 LTC fee]
Is this the simplest safe method or are there better paths to LTC (other than mining a minuscule amount at a time)
Thanks Ya'll!
This has my speculatory interests piqued to say the least.
I'd like to dump perhaps $100 USD into LiteCoin, but I don't want to give up any of my BTC. Does the following seem like the least-BS way to get LiteCoin?
* Send $100 check to CampBX [$0.40 for a stamp]
* Do a "Spend-X Trade" for $100 of bitcoin [fees unknown]
* Transfer out (withdraw) my newly purchased bitcoins to my local bitcoin wallet [fees unknown]
* Transfer new bitcoins out from my local wallet into Vircurex [free]
* Buy LiteCoins at market price from Vircurex [1 LTC fee]
* Transfer newly traded-for LTC into local wallet [1 LTC fee]
Is this the simplest safe method or are there better paths to LTC (other than mining a minuscule amount at a time)
Thanks Ya'll!
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