<p>You could try looking for someone to trade you USD for litecoins in your local area in person, through <a href="http://bitcoin-otc.com/" rel="nofollow">Bitcoin OTC Exchange</a>, or perhaps <a href="https://btc-e.com/exchange/ltc_usd" rel="nofollow">BTC-E</a> or some other online exchanges.</p>

<p>In the first case the risk should be fairly small, although it might take a long time to find someone, get in contact with them and so forth. Not to mention the exchange rate might not be in your favour.</p>

<p>The second option should give you better results, but you'd have to make sure you are dealing with someone reputable enough for your trade. However, finding an exchange rate in your favour might not be too easy.</p>

<p>Third option is probably the safest and the exchange rate should be reasonable. The main problem you might face with established exchanges is possibly having to register on them with your documents to avoid your account and funds being suspended due to Anti-Money Laundering laws and regulations.</p>

CC BY-SA 3.0
2012-09-30T07:21:19.493Z
2012-09-30T07:21:19.493Z
ThePiachu
<p><a href="https://www.litecoinlocal.net" rel="nofollow">Litecoinlocal</a> is the best site for this, as you're exchanging your USD directly to a person for Litecoins via SEPA, ACH, or whatever payment method you decide on.</p>

CC BY-SA 3.0
2015-01-08T12:25:48.080Z
2015-01-08T12:25:48.080Z
Someguy123
<p>I recommend Litecoinlocal. However, from time to time I use <a href="http://bitbay.net" rel="nofollow">http://bitbay.net</a>.    </p>

CC BY-SA 3.0
2015-03-03T09:36:52.187Z
2015-03-03T09:36:52.187Z
Tood_BTC
<p>Also, what risks are involved? Do the service(s) have a long track record?</p>

<exchanges><litecoin>
What is the most cost effective way to exchange USD for Litecoin?
B Seven
# What is the most cost effective way to exchange USD for Litecoin?

(Asked by: username_0 on 2012-09-30)

Also, what risks are involved? Do the service(s) have a long track record?

**Tags:** exchanges, litecoin


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## 3 answers

### Answer by username_1 on 2012-09-30. Score: 2 | Accepted answer

You could try looking for someone to trade you USD for litecoins in your local area in person, through [Bitcoin OTC Exchange](http://bitcoin-otc.com/), or perhaps [BTC-E](https://btc-e.com/exchange/ltc_usd) or some other online exchanges.

In the first case the risk should be fairly small, although it might take a long time to find someone, get in contact with them and so forth. Not to mention the exchange rate might not be in your favour.

The second option should give you better results, but you'd have to make sure you are dealing with someone reputable enough for your trade. However, finding an exchange rate in your favour might not be too easy.

Third option is probably the safest and the exchange rate should be reasonable. The main problem you might face with established exchanges is possibly having to register on them with your documents to avoid your account and funds being suspended due to Anti-Money Laundering laws and regulations.


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### Answer by username_2 on 2015-01-08. Score: 1

[Litecoinlocal](https://www.litecoinlocal.net) is the best site for this, as you're exchanging your USD directly to a person for Litecoins via SEPA, ACH, or whatever payment method you decide on.


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### Answer by username_3 on 2015-03-03. Score: -1

I recommend Litecoinlocal. However, from time to time I use <http://bitbay.net>.


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