LiteBit is a platform for both the crypto-curious (beginning trader) as well as the crypto-experienced (experienced trader). Our platform is well organized and security is one of our top priorities. That is why we work with LiteBit accounts. An account with LiteBit can be compared to a bank account at a bank. Money transactions can take place on a LiteBit account, so we are legally required to request some data in advance. This data is stored with due observance of information privacy laws. LiteBit applies the same standards that banks use for storing customer data. Once the account is created, you can start buying and selling cryptocurrency. Each account includes a free LiteBit wallet where cryptocurrencies can be safely stored. The account also offers the possibility to gain insight into your order and transaction history.
An account can be created by following the steps below:
Click on the button 'Create account'. This button can be found on our homepage (www.litebit.eu).
Fill in the requested data. Because fiat money transactions are likely to take place on your account, it is legally required to request some data in advance. This data is stored with due observance of information privacy laws.
We have sent an email to the given email address. This email contains a code with which you can confirm your email address. Have you not received an email from us? It is possible that the email ended up in your spam folder.
In the next step, we ask for a verification of your telephone number. When clicking on 'next step', we will send a text message to the provided telephone number. This text message contains a unique code. Then, just as with your email, we ask you to enter this code to verify the given telephone number.
Finally, you can choose the security. The standard security of LiteBit accounts is SMS security. We also offer the option to secure your account with Google Authenticator.
Your LiteBit account has been created. You can now buy cryptocurrency.