How do I purchase Litecoins? I'm after some fast in Australia! Also is it possible to convert litecoin into bitcoin?
What exchanges do you recommend if any for this.
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The best way to purchase litecoins is to purchase bitcoins first. Once you have the bitcoins you can exchange bitcoin for litecoin on www.btc-e.com.
Soon mt-gox will support litecoin and bitcoin exchanges such as https://www.bitcointrader.com.au will support litecoin as well as bitcoin soon!