CoinMKT is the new exchange on the block. It is offering something that many people have been asking for. A way to convert Litecoin and other alt coins to USD without having to convert back to Bitcoin. The other currencies the exchange will support are Bitcoin, PPCoin, TerraCoin, NovaCoin and NameCoin. This Santa Monica based startup offers a way for users not willing to store their money with the russian counterpart BTC-e to purchase and convert their alts to USD. The funds can be transferred using 3rd party processors such as Dwolla. Their homepage currently displays a countdown to launch. At the time of this post, we have 3 days and 11 hours to wait before the big unveil.

Keep an eye out on this one.