How to buy litecoin (LTC) on BitBay ?
You want to buy litecoins using BitBay, but you don’t know how to work this platform ? No problem, we will guide you step-by-step to achieve this without a inconvenience.
Your registration on BitBay
The first step to buy Litecoin on BitBay is in effect to register on BitBay. However, no worries, it is really very simple. For a start, you need to simply click on “Register” to register on the platform. You will then need to fill in a form in which your e-mail address, a pin code, a user name and a password are requested. However, when creating your password, we recommend that you choose a complex to protect you against the risk of piracy. Once this is done, you will receive an e-mail containing the link that will allow you to validate your account. In addition, you can bring a second protection using Google Authenticator. Even if it is optional, we can only advise you to do so.
The verification of your identity
This second step is essential since it will allow you to take maximum advantage of the possibilities of BitBay. Once this is done you can indeed make real money deposits on the platform. However, this is not complicated since it is sufficient to follow the different steps. The first of them is to fill in a form in which you will need to provide personal information such as your name, your first name, your date of birth and your address. You must then send a piece of valid identification such as an identity card, a passport or a driving licence. You will also need to send a proof of address dating less than 6 months.
Make a deposit on BitBay
Once these checks are performed, you can finally make a deposit. For this, you need to click on the tab “Funding” and choose the method of payment, the amount and currency of your deposit. However, for your convenience, we recommend that you make your deposit by bank transfer. Indeed, it is the simplest solution, since you can simply fill in the form, you are requesting contact details of your bank account and the money will be transferred to your account BitBay within 48 hours. However, the transfer will only be accepted if your account BitBay and your bank account are the same name.
Buy Litecoin on BitBay
As soon as the money is on your account BitBay, you can purchase litecoins. To do this, you must go under the tab “Scale” and select the crypto-currency that you want to buy. In this case, so this will be the Litecoin. It only remains for you to do is click on ” Trade “, then on “New order” to be able to view the offers. Once you have found one that works for you, it only remains for you to validate.
What you must remember
- To buy Litecoin on BitBay, you must first register on the site.
- You must complete all the test conditions to make the most of BitBay
- It only remains for you then to make a deposit to buy litecoins.