How to send Litecoin (LTC) on BitBay ?
You want to send 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 any problem.
Your registration on BitBay
The first step to send Litecoin on BitBay is a register on the interface. However, no worries, it is really very simple. For a start, you need to simply click on “Sign In” to register on the platform. You must then 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 benefit from a second protection using Google Authenticator. Although this is totally optional, we recommend that you take advantage of it. This will allow us to offer optimal protection to your crypto-currency.
The verification of your identity
This second step is essential since it will allow you to take maximum advantage of the possibilities of BitBay. You will be required to make deposits. However, nothing complicated since you just need to follow different steps. The first of them is to fill in a form in which to indicate several personal information, including your first name, your name, your address and your date of birth. In addition, you will need to send several documents : an identity document in course of validity and a proof of address dating from less than 6 months.
Buy Litecoin on BitBay
As soon as you have provided all the documents and information needed, you can buy Litecoin. To do this, there are several solutions :
- in transfer from an online wallet, or another platform ;
- you send from a pool of blasting ;
- buy directly online. However, we advise you to pay by bank transfer : it is indeed the payment method that is more simple.
Send Litecoin with BitBay
As soon as your account BitBay is supplied by Litecoin, you can use it to send. To do this, go to the tab “Funding” before clicking on ” Withdraw “. Then, you must select ” Litecoin “, the crypto-currency you have decided to send, and then add the address of the recipient of your shipment. However, we advise you to learn by doing a copy-and-paste. A shipment of litecoins is indeed irreversible and, in case of an error, your Litecoin will be definitively lost. After you have verified all of this, and set the amount of litecoins you want to send, you will be able to complete the transaction.
What you must remember
- Before doing anything, you need to register on the platform, the BitBay.
- But, before you make a deposit, you will need to provide more information and send various documents.
- Once the Litecoin on your account, you can proceed to its shipment.