Hi there everyone.
I am looking to sell some of my litecoins I have been mining. but the whole process of getting cash out is a nightmare.
Going by the exchange rates I have quite a few quid to cash in, but by the time the exchange has took a chunk and then paypal takes a chunk, plus an extra chunk to change euros to GBP, its legalised robbery.
The rate that litecoinpool.org has for litecoin has no resemblance to what I would actually get by the time everyone has taken a chunk for £100 worth I am losing close to 20%
Does anyone in the UK have a recommended exchange method? I know a few people on the bitcoin groups sell direct via paypal for small amounts anyones thought on this?