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.
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.
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.
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.
Mar 14, 2023
After a tumultuous weekend, in which the American government had to prevent a bank run on regional banks, markets have had some time to digest the developments, including some new economic data. What to expect - and why the recent pump?
Mar 13, 2023
Bitcoin was born as an idea in 2008 when its whitepaper got published. Only a few months later, on January 3rd, 2009 the so-called Genesis block was mined and the Bitcoin network started working. Only 14 years later the United States and the world are facing a very similar situation to the one we saw between 2007 and 2009. Some banks acted irresponsibly and without a bailout, there might be a contagion effect that kicks in. Many people believed that bailouts are out of the question after the failure of Lehman Brothers.
Feb 20, 2023
What does one of the oldest American banks have in common with the Russian government? Both have signaled in their own way: crypto is here to stay. The Russian government will subsidize a huge Bitcoin mining facility in Siberia. And American bank BNY Mellon did a survey which showed that 91% of institutional investors are interested in investing in crypto.
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