Buy and sell a large variety of cryptocurrency at Litebit: User friendly platform (easy for beginners)
Litebit.eu a Dutch broker where you can buy and sell extremely fast different cryptocurrency with popular payment methods. They have a wide variety of more than 50 different cryptocurrency which you can buy instantly and transfer to your wallet. On this broker’s website you’ll immediately see the value of all the coins and the prices are updated in real time.
One of the differences with a regular exchange is that Litebit manages the stock by itself. This makes it possible to pay with known popular methods and send the cryptos instantly. The stock is updated regularly and the amount of this is completely transparent for everyone. Periodically, a new coin is added to the assortment, of which Litebit thinks it has the potential.
LitBit makes it very easy to participate into the world of cryptocurrency. They’ve made the purchasing process, sell process and storing crypto very easy without the need of technical knowledge. This makes Litebit a perfect platform for the starting user or anyone who wants to buy or sell cryptocurrency instantly.
Is Litebit a scam or legit?
If you trade with money on the internet you should pay close attention. Certainly in the cryptocurrency world there’re a lot of companies that are scams or fraudulent. Litebit is a company founded in 2013 and is registered with the Dutch Chamber of Commerce (CoC). Every company in the Netherlands must register under the law at the CoC to start a business. With this registration, all information of the owner is checked and only after approval you receive a special Chamber of Commerce number.
Without this number it’s not possible to offer, for example: the iDEAL or Bancontact payment method. This company is fully checked by the Dutch trade register and you can assume that this company is legit. In recent years, Litebit has many satisfied users and built up a big name in Europe. We have also purchased cryptocurrency several times at this company and have so far received everything instantly.
Buy and sell a large variety of cryptocurrency at Litebit.eu
At the moment you can buy and sell more than 50 cryptocurrencies at Litebit.eu. These cryptocurrencies are delivered from their own stock and will be delivered immediately after payment. The prices are updated in real time so you always pay the correct price when you buy crypto or receive the correct amount when you sell crypto. By clicking on a cryptocurrency logo you will get more information about this coin. For example, you’ll see the price per coin, the total inventory, information about the community behind the coin and the historical price range.
For the service that Litebit delivers, they charge a fee that is calculated in the price. This fee is variable and can be different at any time of the day. Bitcoin and Ethereum will be charged a blockchain fee (miners fee). A fee is also charged for the use of the payment methods offered. You’ll pay a little more at Litebit than at a exchange, but in return they make it very easy to buy cryptocurrency and you don’t have to have technical knowledge and have understanding of (complex) exchanges.
Litebit focuses on European customers, and therefore offers popular payment methods that are used in European countries. Of course, it is also possible to purchase coins outside of Europe if you have one of these payment methods.
Different payment methodes and the countries where they are used
One of Litebit’s unique features is that you can pay with current payment methods. See here a full list of all payment methods and from which countries you can pay.
How to register a new account on LiteBit?
In order to register a new account, log on to litebit.eu. The user can click on the tab “Create new account”. Enter the details such as name, email ID, country and create the password. The user can click on “I agree to T&C” and “Create my account”.
A verification email goes to the registered email ID where a user has to activate the link to validate the account. Once an account is verified, a user can begin with trading and exchange.
Buy/Sell at LiteBit
A user has to fund his account before he can begin with trading and exchange. The user will have to add sufficient funds in Euro to carry out instant and successful transactions.
In order to buy, the user can select the desired crypto and see the conversion rate in currency calculator. The user will also have to enter the desired payment option, message and address. A user can also enter a coupon code if any. A transaction cost would be calculated on the same.
In order to sell, select the desired crypto and see its conversion rate in Euro. Select the return address, payment details and account holder’s name. The user will also have to enter the IBAN number before placing the order.