Bitcoin

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BTC

What is Bitcoin?

Bitcoin (BTC) is the first and most well-known digital currency. Bitcoin forms the basis for other cryptocurrencies and uses a decentralised network, called the blockchain. This prime digital currency makes it possible to carry out mutually beneficial transactions without the intervention of a third party. Bitcoin is the largest and most widely adopted cryptocurrency. It has built-in scarcity, with a total of just 21 million Bitcoins ever entering the system. You can safely and reliably buy, sell, send and store Bitcoin at LiteBit.

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Create an account

If you do not have a LiteBit account yet, you can easily create one, for free. You can sign up directly on our website or download our app. After that, you can instantly verify your identity with a valid passport or ID card. Having trouble? Our Customer Support is available to help you, 24/7. With the LiteBit app, you can trade anytime, anywhere with instant access to your portfolio.

How to buy Bitcoin?

We believe buying crypto like Bitcoin, should be made simple. To buy Bitcoin, you log in to your account in your browser or in your app. You can track the current rate of Bitcoin in your app, too. When you are satisfied with the rate of the cryptocurrency, you click on the crypto you want and hit the “Buy” button. And selling is just as easy! LiteBit offers instant SEPA payment.

Store Bitcoin safely

At LiteBit, you get a personal and free wallet. A wallet is somewhat like a bank account. You can store your cryptos safely in your own wallet. After you have purchased Bitcoin, your crypto will show up in your Bitcoin wallet. Your wallet gets a unique wallet address, and you can both buy and sell your cryptocurrency from your wallet.

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Related articles
First ever BTC transaction not for pizza but... a jpeg?

May 15, 2023

We're not far from Bitcoin Pizza Day, on May 22. The day commemorates the first time BTC was used, in 2010, to buy products in the real world: two pizzas. But from a January 2010 thread on Bitcointalk, it appears that a user wanted to receive 500 BTC in exchange for a picture, predating the legendary pizzas.

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Boost your trading impact and reaction time in over 80+ cryptocurrencies via instant access to your portfolio with the LiteBit app.

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