Any silver website accept Litecoin?

[jmichael99]

I bought some litecoin and made a decent profit and I want to convert that to silver (and maybe gold).  Does any coin site accept litecoin?  

[mongo28]

I bought some litecoin and made a decent profit and I want to convert that to silver (and maybe gold).  Does any coin site accept litecoin?  

Not sure, but can't you just cash out your digital currency into "cash"? If not that's a huge draw back...

 

[jmichael99]

1 minute ago, mongo28 said:

Not sure, but can't you just cash out your digital currency into "cash"? If not that's a huge draw back...

 

yes.  but if I'm going to get some silver anyway I just skip a step and save some time

[mongo28]

True, but Bitcoin seems to be the only "widely" accepted digital currency on Bullion Websites... I might be wrong but that's the only digital I've seen available for Payment...

[Scuzzle]

I've done well on Litecoin, I'm on Coinbase who don't recognise my bank account with the Nationwide so I was going to sell my litecoin on Coinbase, hold the money in the cash wallet then buy Bitcoin, then the plan was to buy silver from Bitgilld who accept Bitcoin as payment.  The Coinbase 1.2% fee for transactions will hopefully be nullified by a couple of percentage points raise in Bitcoin which is entirely possible.

[Cacc]

Litecoin I have not seen, but most of my buying on SilverGoldBull.ca (which seems to have a site for every location) has been with Bitcoin.

[jmichael99]

24 minutes ago, Scuzzle said:

I've done well on Litecoin, I'm on Coinbase who don't recognise my bank account with the Nationwide so I was going to sell my litecoin on Coinbase, hold the money in the cash wallet then buy Bitcoin, then the plan was to buy silver from Bitgilld who accept Bitcoin as payment.  The Coinbase 1.2% fee for transactions will hopefully be nullified by a couple of percentage points raise in Bitcoin which is entirely possible.

I'm on Coinbase as well. I didn't see an option to sell and hold the cash. I would also rebuy in bit coin to spent. Care to share the steps?

[Murph]

I mined some litecoins years ago but forgot all about it until just now.

[Scuzzle]

27 minutes ago, jmichael99 said:

I'm on Coinbase as well. I didn't see an option to sell and hold the cash. I would also rebuy in bit coin to spent. Care to share the steps?

I've never done it myself but I have a £ and a euro wallet and I'm funding my account via a credit card since they don't recognise my Nationwide account so I'm assuming when I sell the proceeds are going to go into the euro wallet.   Then I purchase bitcoin funded from the euro wallet and it's over to Bitgild where I will probably buy a load of 2 oz Queens Beast Griffin and Dragons for 42 Euros each - is 2 euros more than STG but they accept Bitcoin which saves a lot of hassle.  I'm assuming paying by Bitcoin is just transferring it into the wallet no. they supply.

 

I'm still holding off for now as Litecoin is still going up, if it hits $100 or the first sign of a pull back and I will get out.  With any luck it will be like Bitcoin, I waited for a pull back in it to buy in and it just went up and up and up so I bought Etherium and Litecoin instead.

 

You can sell your Litecoin then have the cash sitting in the £ or Euro wallet then buy back into Litecoin again with it if the price takes a bit hit downwards.

[Markh]

On bitgild FAQ page it says thy accept lite coin as payment. 

[Scuzzle]

5 hours ago, Markh said:

On bitgild FAQ page it says thy accept lite coin as payment. 

Inever noticed that, makes life easier.

[Martlet]

I've been looking for traders accepting Bitcoin, found a few, the only one i saw with Litecoin was the mentioned Bitgild.   I'd switch it to Bitcoin on one of the many exchanges as that's more accepted (though still very limited) 

[AndyC44]

Old thread, but I want to ask the same question, things might have changed since the last reply in 2017!

I see that Bitgild.com accept Litecoin, and from Google I see a site called silvergoldbull.co.uk, are there any others?

I'm dubious about the latter, given I've never heard of them, and their seemingly VAT free prices based in London. Anybody know if they're legit?

[MickB]

EJP Bullion accept Litecoin as payment as well as Bitcoin.

[AndyC44]

8 hours ago, MickB said:

EJP Bullion accept Litecoin as payment as well as Bitcoin.

I see, but very limited stock, sadly.

[HelpingHands]

3 hours ago, AndyC44 said:

I see, but very limited stock, sadly.

If there anything particular you are after?

You could post a wanted thread in the trade section on this forum with litecoin as the payment option.