Buying Litecoins with Bitcoin | Bitcointalksearch.org

adam9317

member

Activity: 84

Merit: 10

Quote from: CoinHoarder on December 04, 2013, 11:00:23 PM

This is how I would do it:

1. Buy Bitcoins at https://coinbase.com/ (takes 4-5 business days and goes by the market rate of when the check clears.. uses echeck)
2. Send Bitcoins to your https://btc-e.com/ account
3. Trade for Litecoins
4. Send to cold storage (https://liteaddress.org/ or a physical litecoin Wink

https://www.cryptovest.com)

Don't store coins on the exchange. If you don't want to use cold sotrage, store them on your computer and make sure your wallet is backed up and encrypted & your anti virus updated.

This has been very helpful, Thanks

I have downloaded a litecoin wallet onto my computer, would this work as cold storage?

Also are you able to send btc from bitstamp to btc-e?

Thanks very much

CoinHoarder

legendary

Activity: 1484

Merit: 1026

In Cryptocoins I Trust

This is how I would do it:

1. Buy Bitcoins at https://coinbase.com/ (takes 4-5 business days and goes by the market rate of when the check clears.. uses echeck)
2. Send Bitcoins to your https://btc-e.com/ account
3. Trade for Litecoins
4. Send to cold storage (https://liteaddress.org/ or a physical litecoin Wink

https://www.cryptovest.com)

Don't store coins on the exchange. If you don't want to use cold sotrage, store them on your computer and make sure your wallet is backed up and encrypted & your anti virus updated.

willpower101

newbie

Activity: 14

Merit: 0

Quote from: adam9317 on December 04, 2013, 04:45:42 PM

I actually haven't bought any bitcoins yet, but I was just about to buy them off bitstamp.

So should I just buy directly over btc-e?

Also what do you reckon the future is like for litecoin

This is a good question for me too. If I plan on dealing in LTC to start, should I buy directly LTC? Are there less hurdles to jump through? And from which exchange?

adam9317

member

Activity: 84

Merit: 10

I actually haven't bought any bitcoins yet, but I was just about to buy them off bitstamp.

So should I just buy directly over btc-e?

Also what do you reckon the future is like for litecoin

PenAndPaper

sr. member

Activity: 252

Merit: 250

Quote from: adam9317 on December 04, 2013, 03:24:30 PM

Personally I see a better short term future for litecoins so I am going to invest in them.

I currently have some bitcoins at bitstamp, do I have to use them to buy litecoins or can I use USD to buy litecoins?

Thanks very much

It will be 10 times easier to deal with cryptos only. Withdraw your bitcoins and trade them in btc-e or cryptsy for litecoin.

GigaCoin

sr. member

Activity: 308

Merit: 251

Giga

Quote from: adam9317 on December 04, 2013, 03:24:30 PM

Personally I see a better short term future for litecoins so I am going to invest in them.

I currently have some bitcoins at bitstamp, do I have to use them to buy litecoins or can I use USD to buy litecoins?

Thanks very much

just a warning, dont use USD deposits on bitstamp, too many people had issues i personally know someone who did. if you're using them using BTC to buy litecoins

cctekh

newbie

Activity: 42

Merit: 0

You can use those Bitcoins, but you will have to transfer them to an exchange that supports Litecoins.

https://btc-e.com/
https://www.cryptsy.com/

Are two popular ones I have read about. You can also use USD if you'd like and the exchange supports it.

adam9317

member

Activity: 84

Merit: 10

Personally I see a better short term future for litecoins so I am going to invest in them.

I currently have some bitcoins at bitstamp, do I have to use them to buy litecoins or can I use USD to buy litecoins?

Thanks very much

Topic: Buying Litecoins with Bitcoin (Read 549 times)