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How to Sell Litecoin on XMLGold

With e-currencies, online wallets, and other payment methods.

XMLGold is the best place to buy, sell and trade Litecoin easily. Signing up for an XMLGold account will allow you to buy and sell cryptocurrency and e-currency with ease.

XMLGold e-currency and cryptocurrency exchange aims to make financial services accessible to millions of under-banked individuals worldwide. We give you the freedom to exchange your money for Litecoin (LTC) and use it as you see fit; be it for paying for goods and services or it is used as an investment method.

If you are still searching where to sell Litecoin - today’s your lucky day! Here at XMLGold e-currency exchange you can sell Litecoin in just 4 steps.

To sell Litecoins (LTC) follow these steps:

Steap 1. Select Litecoin (LTC) in the tab Give/Sell.

Steap 2. Select what you want to receive in tab Get/Buy.

Steap 3. Fill in the required fields. Make sure everything looks good and then confirm your purchase.

Steap 4. Proceed with the payment.

That’s it, you’ve sold your Litecoin.

With many different payment methods to pay, including e-currencies and vouchers, selling LTC has never been simpler. Don’t see your preferred payment method? Let us know, and we’ll try to add it to our e-currency exchange platform.

XMLGold: A place to exchange Litecoin easily and profitably.

Fast Transactions

XMLGold ensures that your LTC trading experience is quick and reliable.

Simple Usage

Trading crypto on XMLGold is easy and intuitive. You only need a few steps to sell Litecoin instantly.

Secure & Trusted

All transactions are protected by SSL 256-bit encryption.

Reliable Service

14+ years in the business. More than 9,000 feedback from satisfied customers.

Transaction Costs

No Hidden Fees. When paying with your selected currency, you will be able to see the exact processing fee you’ll be charged. There are no further hidden fees to worry about.

Exchange Rate

XMLGold offers bonuses up to 3.5%.

Simple Registration

Sign up in just 60 seconds.

Discount System

With our program, we offer you big savings on exchanges. The more you exchange, the greater your "Discount level". The level increases every time you exchange with us.

Exchange Litecoin to Perfect Money, Payeer, Advcash, SWIFT

On XMLGold you will be able to sell Litecoin for Perfect Money USD, Perfect Money EUR, Advcash USD, Advcash EUR, Payeer USD, Payeer EUR, Perfect Money e voucher USD, Perfect Money e voucher EUR, SWIFT and other payment systems.

Responsive Customer Support

Get help by email or live chat.

Simple Verification

XMLGold provides a fast and simple verification process.

What Is Litecoin (LTC)?

The bitcoin industry has only been active for a little over a decade. However, it has grown enormously, with Bitcoin's market valuation alone at over $1 trillion. Although hundreds of new coins are being created to fix different concerns, some of the older ones stay at the top. Of course, we all know that Bitcoin continues to dominate the sector.

However, despite debates regarding their outdated premise, several other cryptocurrencies, like Litecoin, continue to flourish.

But what exactly is it, and what do we know about it?

Litecoin is a cryptocurrency with a peer-to-peer (P2P) network and a public blockchain network. It is an open-source project that is similar to Bitcoin but employs a different encryption technique. As a result, Litecoin can handle more transactions with quicker block generation times and lower transaction fees.

Charlie Lee founded the Litecoin network on October 7, 2011, intending to create a cryptocurrency that gives its customers rapid small transactions that can utilize daily. The blockchain network of Litecoin was borrowed from Bitcoin and then extensively changed. It is presently the fourth most popular mineable cryptocurrency in the world, and it seems that it will continue to grow in popularity.

It is a peer-to-peer currency system that eliminates the requirement for a third party to carry out a transaction. Litecoin, like Bitcoin, uses a Proof of Work consensus process and the Scrypt hashing algorithm. As you may have guessed, new currencies are created in the network by miners finding new blocks in the chain.

It has a block size of 2MB and takes around 150 seconds to locate a new one. It has a quick difficulty adjustment time frame of 1155 blocks, which happens typically every 2 days.

Blockchain networks, like your body, need nodes to function.

All nodes must have a partial or complete copy of the network's blockchain transaction history. All users who connect to and operate on the blockchain are termed nodes.

There are two kinds:

Light Nodes:

They need a half download of transaction records. They cannot act as a node for validation.

Full Nodes:

The network's essential nodes. To run a complete node, you must first download the whole blockchain history, which is presently roughly 20GB. They are also known as Full Validation Nodes since they make the ultimate choice when verifying blocks of information.

Litecoin's Lightning Network is one of its most impressive aspects. It solves potential scalability issues by using an off-chain approach for small transactions. There is no need for miners to help in the movement of funds between users since they have established their payment channels.

Transactions are recorded on a balance sheet and signed by both parties after each monetary exchange has taken place. When the payment channel is terminated, they may submit the data to the blockchain. Alternatively, it will be counted as a single transaction, relieving the network of a lot of strain.

LTC is Atomic Swap compliant, therefore it can be traded peer-to-peer without a platform. The SegWit implementation on the Litecoin network is another crucial feature of the cryptocurrency. It suggests that the network's scalability may be improved by keeping transaction signatures in a separate block on the chain.

This currency is particularly coveted due to its fast transactions, regular updates, and one of the world's best market capitalization. Litecoin may be obtained in two ways: by mining or through exchanges. Because of its enormous demand, Litecoin may be found on practically any exchange platform that allows trading with fiat cash.

If you want to utilize the Litecoin network or any other cryptocurrency for that matter, you must first create a wallet. Their role is to handle your private and public keys, which let you access your currencies. Of course, there are alternatives to the official wallet that may be more suitable for consumers.

They may provide quicker blockchain synchronization, support numerous currencies, more functionality, greater security, or cold key storage. Many traders favour Litecoin because it has stood the test of time. It is also less expensive and often more stable than its competitors. As a cryptocurrency, it may be volatile, making it a great speculative instrument for intraday and swing traders.

Litecoin's total supply is capped at 84 million LTC. Due to increasing demand, it may have a positive impact on LTC's price. Furthermore, Litecoin transactions are faster and cheaper than Bitcoin transactions.

Start selling Litecoin (LTC) today

If you’re ready to take the next step and want to sell some Litecoins (LTC), take the next step with XMLGold!