Selling Litecoin made simple.

At Bitinvestor we’ve made it simple to sell Litecoin.

As soon as you’ve sent us your Litecoin, we’ll initiate a bank transfer to you. You will usually receive your money within a few hours, but always within 2 business days.

And if you face problems or have any questions, we’re ready to help in our livechat every day of the week!

How do you sell Litecoins?

Choose how many Litecoins you want to sell

Fill out your bank account details

Receive your money in 1-2 business days max

Why sell through Bitinvestor?

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Local bank transfer

We pay out through the local banking systems for EUR, GBP, and DKK so you don’t have to worry about international methods.

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We sit ready in our livechat every day of the week from 8 AM to 8 PM or via e-mail at
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Instant payout

As soon as we receive your Litecoin, we intiate the payout to you.

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Bitinvestor is regulated by the Danish Financial Authorities and Fintrac Canada.

Learn about Litecoin

Litecoin's history

The interesting journey of Litecoin (LTC) starts on October 7, 2011, when Charlie Lee, a former Google worker, introduced it as a cryptocurrency. The goal of making Litecoin was to make a “lighter” version of Bitcoin with improvements that could help make cryptocurrency more open and fair for everyone. With a different hashing method and faster transaction confirmation times, it was built to do more. It was based on the Bitcoin Core client, but the blockchain and hashing method were different. Litecoin wasn’t just a copy; it was an original cryptocurrency that filled a specific need. When it was first created, it was meant to be the silver to Bitcoin’s gold, highlighting its role as a cryptocurrency that is easier to use for transactions.

Who founded Litecoin?

Charlie Lee, a famous person in the world of cryptocurrencies, introduced Litecoin to the public with the goal of making safe, instant, and cheap peer-to-peer transactions possible. Lee thought that Litecoin would be used for everyday small transactions and Bitcoin would be used for bigger money moves. Lee, who supports openness and equality, has been very important in making Litecoin an open-source project run by the community.

The Litecoin Foundation, a non-profit group that wants to support and develop Litecoin, works hard to make it more useful and accepted. The foundation, which is run by managing director Charlie Lee and is funded by donations, works together to keep Lee’s original idea alive by making sure that Litecoin stays decentralized, safe, and tradeable on a wide range of platforms.

What makes Litecoin unique?

There are a lot of cryptocurrencies out there, but Litecoin stands out because of its unique features and forward-thinking design. One might wonder what makes Litecoin different from other cryptocurrencies.

Transactions that happen faster:
It is built so that Litecoin can confirm deals four times faster than Bitcoin. This not only speeds up the proof of transactions, but it also lets it handle more transactions in the same amount of time.

Democratized mining:
Not only does the Scrypt algorithm make Litecoin different from Bitcoin in a technical sense, but it also makes it more fair by letting more people use regular computers to mine.

The Litecoin cryptocurrency is widely accepted and mentioned on many cryptocurrency exchanges, making it easy to buy, sell, and trade on many platforms. Also, the fact that it can be stored and sent using a lot of different wallets makes it very safe and easy for users to do so.

Litecoin makes sure it can handle a lot of transactions without any problems by using scaling methods and faster block generation times. This way, transaction efficiency stays the same even as the number of users grows.

Wide acceptance as a way to pay:
There are many stores and sellers around the world that accept Litecoin as payment for goods and services. This shows that it can be used as a “spendable” cryptocurrency.

Community building and active living:
Litecoin has a large and active community that helps with its development, marketing, and use. This makes sure that it continues to change and adapt to the constantly changing cryptocurrency environment.

We weave together Litecoin’s past, how it works, who runs it, and its unique qualities to tell the story of a cryptocurrency that has not only survived but also thrived in the ebb and flow of the digital currency era. It has made its own mark in the wide world of cryptocurrencies, and Litecoin continues to represent the goals of decentralized, open, and fair finance. It also moves forward Charlie Lee’s original vision of making a lighter, easier-to-use version of Bitcoin that could work with our everyday transactions.

Frequently asked questions

You can receive your money in less than 5 minutes when selling Litecoin through Bitinvestor. If your bank is in Europe or the United Kingdom, you’ll receive your money in a few minutes after we receive your Litecoin if your bank supports SEPA instant or Faster Payments. Regular bank transfers will take 1 business day. With MasterCard, you’ll receive your payout within 24 hours after we receive your Litecoin.


When you sell Litecoin, we will initiate a bank transfer to your bank as soon as we receive your Litecoin. The money usually arrives within hours, but always within 2 business days.

If you have Litecoin in a wallet, you can easily sell the Litecoin on Bitinvestor.

To sell Litecoin, go to our sell page, choose the amount of Litecoin you want to sell, enter your Bank or Credit Card details and send the Litecoin to the address we give you. You will always receive your money within 1 business day.

As soon as we receive your Litecoin, the price gets locked in.

When selling, the price is locked in after your transaction has 1 confirmation on the blockchain. That usually never takes more than 5 minutes.

Some of the reasons why one could consider selling Litecoin are:

  • Poor stability
  • Risk Management,
  • Liquidity Needs
  • Tax payments being due
  • Market Conditions

There are a lot of different reasons why someone may consider selling Litecoin. If you believe the market may crash, Litecoin isn’t the crypto that’ll succeed or the network fees are too high, you have very valid reasons to sell Litecoin.

Check out our instructions here on how to easily and safely store your coins and find your cryptocurrency “address”! We recommend that you create your own wallet. With a cryptocurrency wallet that you create yourself, you will keep what is called your “private key”. With a private key, you can restore your wallet at any time – this means that even if your computer crashes, you can easily access your coins.
In order to complete identity verification, have your passport or driver’s license ready as well as a device with your camera. Then begin your verification, take an image of your passport or driver’s license and take a live selfie of your face. Once done, you will have to wait for the system to verify your identity. This usually takes 5-10 minutes. If you have to verify your address, we need a document that is no older than 3 months old. This can be a bank statement, rent agreement, water bill, utility bill, etc. If you experience problems or have any questions about the process, please message us in our livechat. Identity verification is required in order to comply with money laundering regulations.
Cryptocurrency is taxed differently based on the jurisdiction you reside in. Please check with your local tax authorities to figure out which tax implications you are subject to. We make it easy and transparent for you to report and do bookkeeping on all of your purchases and sales of cryptocurrency. At the end of the year, we’ll send you a summary of all of your trades.
We’re ready to answer your questions in the livechat. In addition, we can be contacted by email at, where we will also help you as soon as possible!

You can sell your Litecoin and receive a bank transfer in as little as 5 minutes on Bitinvestor.

You can sell Litecoin for USD, GBP, EUR or DKK.

You can sell Litecoin for euro and receive your euro in as little as 5 minutes on Bitinvestor.

Receive your money with MasterCard, SEPA Instant or Regular SEPA.

You can sell Litecoin for GBP and receive your GBP in as little as 5 minutes on Bitinvestor.

Receive your GBP with Faster Payments or MasterCard