How do you get free Litecoins to play around with them? Litecoins are a competing crypto-currency to Bitcoin and is advertised as the silver to Bitcoin’s gold. There are a lot of competing crypto-currencies in the market but Litecoin is the best known out of them all. It has also been around the longest. As of writing this, the price of LTC/USD = $2.7 as per Vircurex exchange. That’s of reasonable value for a crypto-currency especially if it gets more widely adopted by the businesses.
The other good thing about Litecoins is that it has a very devoted core developer team who also were active in creating the Bitcoin and that makes a lot of difference for the success of a crypto-currency. Litecoin also has a small but passionate user-base. It aims to solve some of the problems of Bitcoin such as providing a faster verification system for transactions. Also, by using the Scrypt protocol instead of the SHA256, Litecoin can keep it interesting for the regular everyday miners (which is dying for Bitcoin given the advance of ASICs).
So how do you get some free Litecoin to try this out? I’ll update this list as it grows, but here are the faucets that I found. Let me know if I am missing any. Most of the faucets advertised on other blogs are out of date and don’t really give you Litecoins.
Buying/Selling/Trading Litecoin: There are several ways to trade Litecoin for Bitcoin or other crypto-currencies. Cryptsy is the largest exchange, Bter has the lowest fees, and Vircurex can have better deals.
Pro Tip (Get-Paid-To in Litecoin): If you want to earn some quick Litecoins for small tasks online, check out this site. It allows you to redeem your points in LTC. It is very easy to reach the payout. My favorite tasks are Virool Videos (you need to watch a video for 30 seconds) and Supersonic Ads (lets you install some apps and pays pretty well) but there are many tasks that you can check out like listening to Loyalty Radio and getting 1mLTC every 10 minutes. Pays far higher than any of the faucets listed below, and there are many things you can do and increase your earnings.
Updated: 11/22/2013
Litecoin Faucet 1 (confirmed): You need to collect 10 mLTC to get the payout, which should take about 8-10 days to collect. If you do this every day, you can get there faster as there is a bonus 5% if you visit the faucet everyday, so the fifth day, instead of the advertised amount, you’ll actually receive 1.25 times the award, upto a maximum of 2.0 times the shown award.
Litecoin Faucet 2 (confirmed): Equivalent of 100uBTC paid out in LTC. Can also be redeemed in BTC.
Litecoin Faucet 2 (site currently unavailable): This looks like a very promising Litecoin faucet. You get 1.075 mLTC per 30 minutes and the bonus prize multiplier can go up to 1.75x. The minimum payout is 0.04LTC or 40mLTC. Shouldn’t take too long for the payout.
Litecoin Faucet 3 (site currently unavailable): This is a luck-based Litecoin faucet. You can enter your Litecoin address once a day and one winner will be selected. Honestly, I’ve never won here so not sure how legitimate the draw is. If you did win, please let me know in the comments.
Litecoin Faucet 4 (faucet currently dry but the website promises it will be back): This is currently dry but was one of the best Litecoin faucets when it was active. The site has promised to bring this back when they are able to integrate this faucet with the rest of the site, so check back again. I’ll update the status of this as soon as it opens up again.
http://cur.lv/5g77w: This is a one-time offer only. You need to join this site, note the unique address and post it on this forum. You’ll get 0.1 LTC for doing this. You can either gamble with this free LTC or just withdraw it.
to More Info Visit : http://cur.lv/5g6yn
