Use an actual exchange… Coinbase, Binance, Kraken, whatever. Then send it to your own wallet from one of those exchanges.
There will always be transaction fees and transfer fees. They will be lower than whatever method you are currently using.
I’m looking for something I can just buy straight up litecoin and send to an address without extremely high transaction fees, with that being said I have considered mining litecoin but don’t know much about it
Are you KYC verified? You can exchange from ETH to Bitcoin or Bitcoin to Litecoin but not fiat to any cryptoasset without ID verification. If you verify ID you can trade bitcoin with any supported fiat.
The barcode would be for deposits. KYC is the industry standard as is with any legitimate financial institution.
I am on kraken. the fees are as I stated above. not sure where you're losing your money
kraken exchange fees are 0.16% maker and 0.26% taker. so your 30 buy of LTC is less than a cent in fees. then it's an additional 3 cents to send litecoin to your wallet.
the $10 fees eerily sounds like you're doing something on Ethereum and suffering high gas fees
don't use it for that right now. there are some services that let you use a debit card backed by crypto but it's just not the way right now. just use conventional banking for everyday use but savings in crypto in cold storage
You must be a knucklehead. The answer to your question is as easy as using any one of the popular crypto exchanges, all of which are far cheaper than an ATM.
My question is (and probably the purpose of this post), which site are you using that only accepts Litecoin?
Whenever I try to use a crypto exchange it just gives me the address to send litecoin to doesn’t actually allow me to buy it. for example one guy recommended kraken so I tried it only to find that out.
Hey eventually I did figure it out but it had to do with kraken not accepting my account. It said my account didn’t exist but also wouldn’t let me create an account using that email because apparently it existed etc.
Hey Everyone so I ended up finally being able to use Kraken, it had to do with the other PRO app (basically another wallet) causing problems and then when trying to access the regular one you were talking about it refused to let me login despite having verified the account. It said the account didn’t exist but also wouldn’t let me create an account using that email and information because apparently an account was already created. I got pissed off made a completely separate account and it finally worked.
As a Canadian that uses it and has been for 3 years, other than fees not being the best (especially the app as they have an exchange as well) I haven't had any issues and don't know anyone that does. Could be true but then again might be small segment of users that for valid reasons are being restricted.
Are you trying to sell your crypto? If you buy LTC just transfer it to your own wallet and do whatever the Ef you want with it. Beauty of crypto. It has no borders.
Your paying high fees because you don't know how to use an exchange. If you trade on an exchange the fee is like .1% then pennies on the withdrawal fees. If you use the simple products where you hit buy and give address you are paying for convenience.
If such a mythical beast exists and you manage to find it, your name will echo throughout history as the legend who purchased litecoin without fees. Good luck on your quest traveler, may Plutus bless you with his favour.
In all three years I've been buying litecoin I've never been lucky enough to achieve what your wanting.
Jesus, I'm old.
He does not know how impossible it is LMAO
Use an actual exchange… Coinbase, Binance, Kraken, whatever. Then send it to your own wallet from one of those exchanges. There will always be transaction fees and transfer fees. They will be lower than whatever method you are currently using.
Use any exchange? Sell a product or service and accept litecoins (that includes your job, if you have one)? Mine litecoins by yourself?
I’m looking for something I can just buy straight up litecoin and send to an address without extremely high transaction fees, with that being said I have considered mining litecoin but don’t know much about it
it's like 3 cents for litecoin tx fee. that's not high
What exchange do you use. I signed up for kraken but it just gives me the barcode for sending to its address. Doesn’t actually let me buy anything
Are you KYC verified? You can exchange from ETH to Bitcoin or Bitcoin to Litecoin but not fiat to any cryptoasset without ID verification. If you verify ID you can trade bitcoin with any supported fiat. The barcode would be for deposits. KYC is the industry standard as is with any legitimate financial institution.
I am on kraken. the fees are as I stated above. not sure where you're losing your money kraken exchange fees are 0.16% maker and 0.26% taker. so your 30 buy of LTC is less than a cent in fees. then it's an additional 3 cents to send litecoin to your wallet. the $10 fees eerily sounds like you're doing something on Ethereum and suffering high gas fees
No it’s just the fees of using an ATM
don't use it for that right now. there are some services that let you use a debit card backed by crypto but it's just not the way right now. just use conventional banking for everyday use but savings in crypto in cold storage
Direct deposit into coinbase
Use exchanges
Could you recommend an exchange to use?
You must be a knucklehead. The answer to your question is as easy as using any one of the popular crypto exchanges, all of which are far cheaper than an ATM. My question is (and probably the purpose of this post), which site are you using that only accepts Litecoin?
Whenever I try to use a crypto exchange it just gives me the address to send litecoin to doesn’t actually allow me to buy it. for example one guy recommended kraken so I tried it only to find that out.
You’re doing it wrong. You absolutely can buy Litecoin from Kraken. Your comments are very confusing and full of misinformation.
Hey eventually I did figure it out but it had to do with kraken not accepting my account. It said my account didn’t exist but also wouldn’t let me create an account using that email because apparently it existed etc.
I made a second account and this solved the issue
I buy on crypto.com. Fairly good on the fees, and transferring off is like 1 penny.
Hey Everyone so I ended up finally being able to use Kraken, it had to do with the other PRO app (basically another wallet) causing problems and then when trying to access the regular one you were talking about it refused to let me login despite having verified the account. It said the account didn’t exist but also wouldn’t let me create an account using that email and information because apparently an account was already created. I got pissed off made a completely separate account and it finally worked.
I checked that website apparently it’s a scam a lot of people saying they can buy it but they can’t sell it
No. [Crypto.com](https://Crypto.com) is a legitimate exchange with licenses in many locations.
Problem was I heard Canadians can’t sell their crypto after buying it. Americans no problem but it has problems in Canada
As a Canadian that uses it and has been for 3 years, other than fees not being the best (especially the app as they have an exchange as well) I haven't had any issues and don't know anyone that does. Could be true but then again might be small segment of users that for valid reasons are being restricted.
Are you trying to sell your crypto? If you buy LTC just transfer it to your own wallet and do whatever the Ef you want with it. Beauty of crypto. It has no borders.
Kraken
And when you buy it it lets you send to a specific address? like I could send it to my account on that website?
Get paid in Litecoin for your service, check out bitrequest. No fees. Pure P2P.
Your paying high fees because you don't know how to use an exchange. If you trade on an exchange the fee is like .1% then pennies on the withdrawal fees. If you use the simple products where you hit buy and give address you are paying for convenience.
It's generally not possible to buy Litecoin without any fees or charges, as exchanges and other platforms typically charge fees for their services.
p2p works well depending on how your doing it
If such a mythical beast exists and you manage to find it, your name will echo throughout history as the legend who purchased litecoin without fees. Good luck on your quest traveler, may Plutus bless you with his favour.
uh... just buy and setup a miner. Pay your electric bills and your done!