Bongacams pays me again with Litecoin. I hope my sell order will be executed
Tutorial Bongacams
Bongacams Payment Tutorial: Litecoin & Selling Your Earnings
This tutorial walks you through how to receive and sell your earnings from Bongacams in Litecoin.
What You’ll Learn:
- How to verify your Bongacams Litecoin payment
- Understanding Bongacams’ commission structure
- Converting Litecoin to other currencies (like Peruvian Soles)
- Setting limit orders to sell your Litecoin
Let’s get started!
1. Verifying Your Payment:
- You’ll receive your Bongacams payment in Litecoin.
- The payment amount is shown in your Bongacams account.
- A video from the creator shows they received 7.86 Litecoin in their LocalCryptos wallet. This equates to roughly $1246.
2. Understanding Bongacams’ Commission:
- Bongacams charges a 1.5% commission on earnings plus 0.006 Litecoin.
- This can total about $20 depending on the current Litecoin price.
3. Converting Litecoin to Other Currencies:
- The creator uses a platform called LocalCryptos to convert their Litecoin to Peruvian Soles because they offer better exchange rates.
- IMPORTANT: If you are not in Peru, you’ll likely choose a different platform or method for converting Litecoin.
4. Setting Limit Orders to Sell Litecoin:
- The creator uses the same platform (LocalCryptos) to set a limit order to sell their Litecoin at a specific price (700 Soles).
- This means the Litecoin will only be sold if someone offers to pay at least 700 Soles. This strategy helps ensure they get a good price for their Litecoin.
5. Monitoring Your Orders:
- The creator highlights the importance of subscribing to the channel to see how their limit order pans out.
Additional Notes:
- The video emphasizes the importance of only ‘losing’ money by selling crypto at a loss.
- The creator provides links to Bongacams, LocalCryptos, Buda (a cryptocurrency exchange), Telegram, and their Facebook group for further information.
Remember: This is a guide based on one person’s experience. Always do your own research and understand the risks involved before investing in cryptocurrency or using any online platform.
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Bongacams pays me again with Litecoin. I hope my sell order will be executed
Video Tutorial Bongacams
