Selling Litecoin: Options and Fees Explained

When it comes to selling Litecoin (LTC), there are several options available. One way is to use a payment provider, which can pay out to a bank account, debit card, or Mastercard, depending on what's available in the user's country.

The main alternatives include centralised exchanges, peer-to-peer trades, and swaps. Centralised exchanges require depositing LTC, selling it for local currency, and then withdrawing, which involves more steps and leaves coins with the exchange until they're moved. Peer-to-peer trades allow users to deal directly with a buyer, usually with Litecoin held in escrow until payment clears.

When using this page to sell Litecoin, there are three stages: completing an identity check (required for cash-outs), sending LTC to the provided address, and choosing how to be paid. The user is shown the quote and fee before confirming, making it rare to need to calculate the result.