How to earn Litecoin - all the ways and options for earning Litecoin: from methods without investment to ideas with investment + several sites

Litecoin faucets are projects where you can get free LTC coins. Considering the growth of cryptocurrency, there is a chance to make good money. However, every user should understand that by collecting free litecoins, you can count on benefits in the long term. The biggest winners are those users who use all available tools to earn money - faucet claims, short links, completing offerwall tasks, accumulating wallets over time, attracting partners.

Look at the Litecoin growth chart to see if collecting the cryptocurrency will pay dividends in the long run.

Relevance of LTC earnings

The highest price of Litecoin was in 2022 – $352 per unit. At the same time, to simplify calculations, a unit of exchange was introduced - Litoshi , constituting one hundred millionth of Litecoin. Then the rate began to gradually fall with minor fluctuations and by the beginning of 2022 it dropped to 40 USD, six months later it rose to 140, and by mid-autumn it fell again to 60 USD.

Despite the relatively low cost and its constant changes, Litecoin earnings are attractive for several reasons:

1. Long life expectancy. The release of this currency is limited to 84,000,000 LTC, which is 4 times the planned number of Bitcoins. And since it is expected that after the end of the BTC cryptocurrency issue, other digital currencies will quickly grow, Litecoin will most likely be among the first.
2. High potential. Against the backdrop of a significant complication of Bitcoin mining and the expected cessation of Ethereum mining on personal PCs in the near future, the most realistic way for an ordinary user to earn Litecoin. And as interest increases, its rate will invariably increase.
3. Accelerated transactions. It takes 2.5 minutes to generate each new LTC block (for comparison, a BTC block is created in 10 minutes). This facilitates faster transactions within the network, making Litecoin the most profitable electronic currency for transfers around the world.

Earning Litecoin is considered a good option for improving your financial situation, both in the short term and for the future. But, before you start earning this cryptocurrency, you must first create an appropriate wallet to store it. It is recommended to download it on the official website Litecoin.org, selecting the Electrum Litecoin wallet (installing another will take 10–12 hours and 9 GB of memory).

We recommend downloading all wallets only from time-tested sources, only from the official developer sites ! Take the time to read reviews on thematic forums and blogs, or ask experienced crypto-lovers.

Accumulation system

The following sites can be noted in this group:

moon-lit is a prototype of moonbit.

To receive litosh every second, you have to enter a captcha. Litosh – one input. The process is carried out automatically, you don’t have to watch it and go to another site to receive digital currency.

Please note that the pace of work will slow down over time; coins can be collected every 2-3 hours. For a full withdrawal you need to collect at least 500 thousand

coins You have to wait until Sunday to withdraw money.

lite-bag – gives out up to 30 thousand litoshi every 10 minutes.

Profit is received according to the following scheme: the user receives a lottery ticket from the site; there are 4 cells there. Each contains 7.5 thousand litoshi. The user needs to click on them in any order. Whatever cell he stops at is how much he will receive. The amount is accumulated within the balance sheet. Withdrawals are carried out once a week.

How to earn LTC without investments

To mine Litecoin on the Internet, there are different types of services that distribute cryptocurrency for certain actions on the site. According to the method of earning, the following types of such resources are distinguished:

• litecoin faucets (boxes);
• Online Games;
• freelancing

All of them differ from other similar services only in that payment is made in Litoshi.

Litecoin faucets

Litecoin faucets (or buxes) are sites that offer registered users to watch ads, enter captcha, surf sites, play videos and perform other tasks for a small reward. Such sites are intermediaries between advertisers and clients. The former pay them for displaying their advertising products, and the latter increase the number of these views, for which they receive part of the payment.

To earn Litecoins, you must first register, enter your litecoin wallet details and start performing the recommended actions. It should be taken into account that tasks are issued with a set time interval ranging from 5 to 60 minutes. In one approach you can get a very small (50–500) amount of Litoshi.

You can withdraw earned coins to your wallet only when you reach the established limit. It is not recommended to delay this process - as soon as the minimum amount is reached, you need to immediately transfer it to your online wallet . Even the most reliable faucet can stop paying out or its existence at any time and all Litoshi earned will be lost.

If we consider this litecoin earnings in terms of the ratio of income and time costs, then it turns out to be relatively balanced. You won’t be able to earn much from one faucet - a maximum of 1000 rubles per month (with a good Light rate). But it won’t take much time. To increase profits, you can register, for example, on 20 sites. If you work for them for 10–12 hours every day, your pay will increase accordingly. However, this is almost impossible to do in practice, so faucets should not be considered as a source of income, but as an option for gradually accumulating LTC. You can also try faucet rotators, these are services that make it easier to collect crypto from several boxes at once.

Online games with payment in LTC

Regular computer or mobile games, in which prizes for reaching a certain level are paid in Litoshi, can also be an excellent mining option. It is most suitable for gamers who already spend a lot of time in the game, so no additional effort is required from them. You just need to find gaming services that pay rewards in the desired coins.

It should be borne in mind that there are two types of free litecoin games:

1. during the gameplay, the device (computer or smartphone) is connected to the mining network and its power is used (also free) for Litecoin mining, and the user himself has the opportunity to earn LTC only as winnings in the game;
2. simultaneously with the game, you need to watch advertising, not receiving Litoshi for it (as on taps or boxes), but winning them during the game.

The base of games of both types is very extensive and varied, so in order to switch to earning money from Lite, a gamer will not have to radically change his preferences. True, the income will be extremely small, but it will come as an additional bonus to the usual pastime.

Freelancing and Litecoin

You can actually earn LTC without investments and in fairly large quantities by freelancing. But the amount earned will depend on the knowledge, skills, nature and cost of the tasks. For example, qualified work of IT specialists is paid very well and can bring monthly income calculated not in Litoshi, but in Litecoin coins.

The greatest difficulty in this case is that there are still very few reliable freelance platforms where payments are made in cryptocurrency. When working with customers directly, you can agree in advance on the possibility of making payments in Lights.

As you can see, earning Litecoin without investments (except for freelancing - if you're lucky) cannot be considered as a source of main income, and it will take several years to accumulate even a small significant amount. More serious profits can only be achieved by those methods that require financial investment.

ProHashing

Launched around August 2014, ProHashing is one of the largest Litecoin mining pools and by far the most advanced. It allows users to mine Litecoin and other SHA-256, Equihash and x11 coins. It should be noted that ProHashing allows you to mine automatically, which increases the profitability of mining.

The pool stands out among its competitors with a unique payment system similar to the PPS model. The system ensures that you can mine various coins and receive payment in other currencies, including fiat currencies. The service does not charge a transaction fee, but users pay a flat 4.99%.

Earning Litecoin with investments

You can earn Litecoins with investments in different ways:

• mine on your own equipment;
• engage in cloud mining;
• trade on exchanges;
• play in online casinos;
• invest in ICOs, various investment platforms, projects and funds.

All of these options differ significantly in the amount of investment, profit margins and potential risks. It should be borne in mind that LTC earnings do not always cover the financial costs of its organization. In some cases, the income does not exceed the invested funds and the venture turns out to be unprofitable .

Mining on your own equipment

The emission of Litecoin, like any other cryptocurrency, does not occur centrally, but due to the power of a huge number of computers located around the world. The process itself is called mining and is based on mathematical calculations that are carried out by all devices connected to the network. The goal is to find the code encrypted in a specific block of transactions. The owner of the computer that calculates this code receives a reward . At the time of Light’s appearance, the premium size was 50 LTC, in 2015 it decreased to 25, and in 2022 to 12.5 coins. It is most profitable to mine Litecoin on Asic devices, but you can also mine on video cards. Mining on processors is almost no longer practiced.

On video cards

Mining on video cards requires less investment and is not as risky as on Asic devices, but it is also less profitable . To earn Litecoin in relatively significant amounts, it is recommended to use not one, but at least 6 video cards, collecting a so-called mining farm from them.

To assemble such a farm of six Radeon RX590 cards, which are considered optimal in terms of price and profitability, you will need $3,500, of which $2,500 will go to video cards, and another 1,000 to other equipment. The income from this farm will be about 150 dollars per month and about 1800 per year. The investment will pay off in at best 2 years. In this case, you need to take into account the monthly payment of increased electricity bills. In addition, the amount of income can vary significantly depending on the Litecoin rate, the speed and quality of the Internet connection, the reliability of the equipment and power grid, the complexity of mining and other factors.

On Asic devices

Experienced users use Asic devices to earn Litecoin. A good model costs about $4,000 and will bring in about $500 monthly, and about $6,000 annually, that is, it can pay for itself in the first year of operation, but again, everything is strictly individual and depends on a number of the above-mentioned factors.

With this option of earning LTC, you should consider some risks:

• unexpected device breakdowns;
• increasing complexity of mining on home equipment;
• sharp drop in exchange rate.

At the same time, owners of Asic devices risk more. If cryptocurrency depreciates, video cards can be sold, and ASICs will be of no use to anyone .

Cloud mining

Unlike classic mining, cloud mining is based on the use of leased rather than own capacities. They are leased by large companies engaged in Litecoin mining, which then pay the received reward in accordance with the tariff plan. In this case, the amount of income depends on the size of capacity.

Litecoin cloud mining services offer a variety of resources. But when choosing them, you need to carefully check the reliability , since many scammers have now appeared in this area. Typically, such fly-by-night sites charge a rent and then do not contact you or simply do not pay out the earned coins. In addition, among reliable sites, you should give preference to those with favorable rates.

If you decide to earn Litecoin by cloud mining, you should not start with large investments. It is best to try with minimal capacity, the rental of which costs a few dollars a year. More experienced users can choose higher capacities with appropriate payment.

The risks of cloud mining are the same as those of classical mining: the mining process itself may become significantly more complicated or the LTC rate may decrease. Another one is also added - the likelihood of the service being closed before the investment pays off .

Exchanges (Litecoin trading)

To earn Litecoin by trading, you need to have analytical skills and understand this area. Profit on exchanges is obtained according to the following algorithm:

• buy a certain amount of Litecoins when the price decreases;
• sell coins when the rate rises;
• then wait for the decline again and buy a new batch.

At the same time, it is important not only to monitor the exchange rate, but also to be able to anticipate its fluctuations in one direction or another . To do this, it is necessary to take into account a number of factors:

1. the cost of LTC in relation to other digital currencies;
2. Litecoin exchange rate dynamics;
3. changes in the cryptocurrency market as a whole

Increases or decreases in the value of electronic assets can occur quickly and unexpectedly under the influence of any circumstances. Therefore, analytical work needs to be done constantly so as not to lose the invested funds, but to make a profit.

Online casino

Gambling is a very risky and unpredictable way to earn Litecoin. Here you can either increase your capital several times or lose it in one moment . To earn Litecoins in an online casino, you need to select a resource that uses such cryptocurrency, register and make a deposit to your account.

It is advisable to start with a small amount of Litoshi. And for those who have been playing for a long time and are well acquainted with the principles, the size of the deposit depends entirely on the availability of coins in the asset. In order not to lose large sums, you need to bet carefully or not risk at all. But we do not recommend this type of activity in principle , due to the extremely high risks.

ICO, various investment platforms, projects and funds

When choosing one of the seemingly promising investment projects, you should first of all take into account the proposed conditions for investment and under no circumstances risk all your litecoins in one fund , no matter how profitable and reliable it may seem. In this way, you can earn from 10% to 45% per month, according to average indicators, not forgetting about the volatility of the exchange rate. But there is also a high risk of losing your crypto assets. Fortunately, strong funds very often appear on the network, allowing you to successfully earn different amounts in litoshi and LTC.

Coinotron

Coinotron is one of the most popular multi-currency mining pools that includes support for ETH, LTC, DASH, ETC, FTC, PPC, VTC and VIA. The platform includes reward methods such as PPS, RBPPS and PPLNS, making it a good option for users looking to diversify their mining activities.

On average, the platform charges a mining fee of 0.4%, with a minimum payout of 0.1 ETH. The pool allows its users, for example, to mine Litecoin and withdraw Dogecoin.

Affiliate programs and Litecoin + sites with affiliate programs

Affiliate programs themselves are among the options for earning Litecoins without investments, since their essence is to popularize all of the above resources and invite people to register for them and start working or using the services. On the other hand, owners of well-promoted websites, blogs or pages on social networks can earn LTC in this way. And such promotion requires considerable funds. Although it is possible to promote from scratch, it will require a lot of time and effort.

Read more: how to attract new referrals.

The principle of earning Litecoins through affiliate programs is as follows:

• after registering in the selected service, the user receives a referral link;
• then he begins to advertise it using all available methods: he posts it on his resources, sends it by e-mail, publishes it in discussions on forums and other methods;
• interested users follow this link, register and begin earning money or performing other necessary actions;
• for each of them a bonus is awarded.

On these sites you can earn Litecoin through affiliate programs or with an investment:

8bit.ltd review and reviews 8 bit ltd is a promising platform with many tricks for making money and a profitability of up to 366% in 24 months

SolidTradeBank.com - reviews and prospects of the intermediary Solid Trade Bank with four years of experience and a yield of 0.5% per day

Bonus rewards vary. Some resources pay for boosting visits, others for registration, and still others for a percentage of earnings or deposits. In any case, the more people follow the link, the more income will be.

Best Bitcoin Faucet and other cryptocurrency faucets

As I noted above, one site that gives away satoshis and other small crypto coins will not bring in enough money to make it worth the time at all. In order to increase earnings, you need to use a group of faucets at once. Here is a list of the main ones:

• FreeBitcoin
• Bonus Bitcoin
• Bit Fun
• Moon Bitcoin
• Moon Litecoin
• Moon Dogecoin
• Moon Dashcoin
• Moon Cash

Each of the list above has its own characteristics, which I will try to isolate and briefly describe in this article.

I would like to draw your attention to the fact that here are generators, one of which (Freebitcoin) also contains a microwallet that allows you to accumulate free satoshi, and the rest are synchronized with the multi-currency wallet Coinpot, where several types of crypto coins are collected that can be easily exchanged for each other inside systems at any time and at a completely adequate rate. Very comfortably

Bitcoin faucets