Discover how to make money on litecoin telegram bot

                          Table of contents 

1. Introduction to litecoin
2. How litecoin is made
3. Mining for litecoin 
4. What is litecoin worth
5. Introduction to telegram bot
6. Getting started on litecoin telegram bot
7. Earning on telegram litecoin bot
8. Withdraw your earnings to your wallet
9. Withdraw to your local bank account 
10. Conclusion  

                         Introduction to litecoin 

There are 180 internationally recognized currencies in circulation, ranging from the Samoan tala to the Burmese kyat. Just like with regular currency, there are multiple cryptocurrencies too. Because it was the first, bitcoin gets all the publicity, but it competes against dozens of aspiring alternatives – one of which is litecoin. 

        Litecoin is an alternative cryptocurrency based on the model of Bitcoin. Litecoin was created by an MIT graduate and former Google engineer named Charlie Lee. Litecoin is based on an open source global payment network that is not controlled by any central authority. Litecoin differs from Bitcoins in aspects like faster block generation rate and use of scrypt as a proof of work scheme. 

       Litecoins were launched with the aim of being the "silver" to Bitcoin's "gold," and have gained much popularity since the time of inception. Litecoin is a peer-to-peer internet currency. It is a fully decentralized open source, global payment network. Litecoin was developed with the aim to improve on Bitcoin's shortcomings, and has earned industry support along with high trade volume and liquidity over the years. 

         Measured by market capitalization (or the amount of currency on the market), litecoin is the sixth-largest cryptocurrency after bitcoin etherum, XRP

1. Bitcoin (BTC) $147.3bn
2. Ethereum (ETH) $19.4bn
3. XRP (XRP) $11.7bn
4. Bitcoin Cash (BCH) $4.1bn
5. Tether (USDT) $4.1bn
6. Litecoin (LTC) $3.6bn

   

Litecoin, like its contemporaries, functions in one sense as an online payment system. Like PayPal or a bank’s online network, users can use it to transfer currency to one another. But instead of using U.S. dollars, litecoin conducts transactions in units of litecoin. That is where litecoin’s similarity to most traditional currency and payment systems ends.

                     How litecoin is made

Like all cryptocurrencies, litecoin is not issued by a government, which historically has been the only entity that society trusts to issue money. Instead, being regulated by a Federal Reserve and coming off a press at the Bureau of Engraving and Printing, litecoins are created by the elaborate procedure called mining, which consists of processing a list of litecoin transactions. Unlike traditional currencies, the supply of litecoins is fixed. There will ultimately be only 84 million litecoins in circulation and not one more. Every 2.5 minutes (as opposed to 10 minutes for bitcoin), the litecoin network generates a what is called a block – a ledger entry of recent litecoin transactions throughout the world. And here is where litecoin’s inherent value derives.The block is verified by mining software and made visible to any “miner” who wants to see it. Once a miner verifies it, the next block enters the chain, which is a record of every litecoin transaction ever made.
           
                       Minning for litecoin 

The incentive for mining is that the first miner to successfully verify a block is rewarded with 50 litecoins. The number of litecoins awarded for such a task reduces with time. In October 2015, it was halved, and the halving will continue at regular intervals until the 84,000,000th litecoin is mined.

But could one unscrupulous miner change the block, enabling the same litecoins to be spent twice? No. The scam would Ibe detected immediately by some other miner, anonymous to the first. The only way to truly game the system would be to get a majority of miners to agree to process the false transaction, which is practically impossible.

Mining cryptocurrency at a rate worthwhile to the miners requires ungodly processing power, courtesy of specialized hardware. To mine most cryptocurrencies, the central processing unit in your Dell Inspiron isn’t anywhere near fast enough to complete the task. Which brings us to another point of differentiation for litecoins; they can be mined with ordinary off-the-shelf computers more so than other cryptocurrencies can. Although the greater a machine’s capacity for mining, the better the chance it’ll earn something of value for a miner.

                 What is litecoin worth (Aaboonetcrypto)        

             $55.62USD (0.11%)
0.00682464 BTC (0.25%)

1litcoin= $55.62 has at 20/11/2019

                                 introduction to telegram bot

Telegram is about freedom and openness – the code is open for everyone, as is it's API. 

Bots are simply Telegram accounts operated by software – not people – and they'll often have AI features. They can do anything – teach, play, search, broadcast, remind, connect, integrate with other services, or even pass commands to the Internet of Things.

Bots can now provide you with custom keyboards for specialized tasks that could look like this for example:

There are different type of telegram bot but the one we are going to talk about is cryptocurrency telegram bot,  however there seems alot of them on telegram promise to pay you,  Don't fall into scam that is why we are here,  check aaboonets.blogspot.com to see if the website,  or pages is scam or real.  The most recommended channel bot is LITECOIN TELEGRAM BOT
 
                            Aaboonets
 
  Visit Aaboonets to check the security and legitivity Of the bot

                 Getting started on litecoin telegram bot

Step1

Visit Aaboonets to check the security and legitivity

Step2

Download telegram on playstore, you can also download Here

Step3

Get the litcoin telegram bot here, immediately it will take you back to your telegram account, you will see something like this
   
                

Step4 

Click on "start", you will see something like this

Step6

To get paid you click on "visit sites ","join Chats" and "message bot" to earn money. You also earn money through referral,  you will be given a referral link. Share your referral links to your friends and you get paid as commission for every click from your referral 

               Earnings on telegram litecoin bot

There are four ways to earn on telegram litecoin bot 

Visiting sites

Message bots

Join chats

Referral

VISTING SITES:  You get paid when you visit a website, ads will be given to you to click and when you click them,  you get paid. 

       To get started : click "menu" and all the four method of making money on the bot prompt out, including  balance and settings. 

click in "visit sites" and it will direct you to  "go to website" as seen in the image below 

Click on "go to website" it will direct you to the actual website ads. bot will message you the time you have to stay on the website to receive your payment,  the maximum time is 30secs ,minimum is 5secs and normal website ads  is 10secs.

MESSAGE BOTS: when you click on message bot, it takes you to groups which you have to chat with in order to get paid. Aaboonetpreneur has not really understand how that area of message bot works cause she has not earn anything on message bot. Still trying to figure out,  how it's works. 

JOIN CHATS: Aaboonet makes the biggest revenue by joining channels , you can join more than five channels in a day and still make money a whole week without clicking on ads and message bot. 

    To get started: click on "menu" it will take you the menus as usual at the left side of the menu you will see "join chats" click on it, i

t will direct to"go to channel" as seen below

You are directed to the exact channel on telegram to join. This is very important in" join channel section",  for you to earn money you have to join the channels by clicking "join", this method apply to every channel bots y

ou have been ask to join. After join go back  and click "joined" to confirm that you have join the channel as seen above. 
REFFERAL: you earn money when you refer your friends in your whatsapp,  facebook and all other social medias. You will given a link called"referral link" you send this referral link to your friends.  When they click on it and join,  you earn commission on every earnings of your referral. 
     To get started : click on the menu as shown above explain in "visit sites" section. Click on referral and you are directed to your referral link,  copy this link and send to your friends

How to withdraw your earnings to your wallet
Now you ve earn,  you will like to withdraw your earnings  to your wallet and to your local bank in your currency.  Isn't it?  Read and follow this steps carefully. 

Step1

Get a litecoin wallet,  I will recommend coinbase wallet . Visit coinbase.com and register  you will see all cryptocurrency in the wallet click on litecoin wallet,  then click on receive,  your litecoin address will pop out,  copy it

Step2

Now go back to your litecoin telegram bot account,  click on withdraw, the bot will ask for your litecoin wallet address.

Step3

Paste the address you copy on your coinbase litecoin account , the bot will also ask for your email address, put your email address there. Make sure the address is active

Step4

The bot will ask you to input the amount you want to withdraw. note this: the minimum amount to withdraw is 0.0004Ltc.

Step5

After input. Click on withdraw,  wait for confirmation and you will see the 

money in your coinbase account

Withdraw to your local bank account

There is no direct exchange to naira account , but am going to tell you how I withdraw to my Nigeria bank account. It is very simple  

Step1

Visit Naira4dollar.com and register

Step2

Convert your litecoin to bitcoin on your coinbase account by

1. Log in to your Coinbase account or into the Coinbase mobile app
2. Find the asset page for the cryptocurrency you would like to convert from. For example, https://www.coinbase.com/price/bitcoin
3. There will be a panel with the option to convert one cryptocurrency to another. 
4. Enter the fiat amount of cryptocurrency you would like to convert from in terms of your native fiat currency. For example, $10 worth of ltc to convert into btc
5. Click Preview Conversion to see the amount of XRP you would convert your BTC for.
• If you do not have enough originating crypto to complete the transaction, you will be prompted to buy some
• Confirm the conversion transaction.
6. 
   
•                                    Step3
• 
  
• Visit your naira4dollar account
• Click on sell bitcoin
• Sell your bitcoin(remember your litecoin is converted to bitcoin) 
• Wait for 10-24hrs, your money will be send to your Nigerian bank account you provided on naira4dollar
•          
•                   Conclusion 
• Litecoin faucet click is a guarantee way to make money online,  you can visit Aaboonets to see some of my past earnings
• To earn fast you must claim litecoin at least 10times daily
• 
  
• You must  join at least  5 channels daily
•   

 In case you have any questions send to aaboonetlncome@gmail.com or send as comment on the comment box