LiteBit is a crypto exchange based in the Netherlands. The company has been active since 2013 and now has around 700,000 customers in Europe. The company was founded by Rogier Fischer and Sven Gooshouwer and Kenny Rokven.

The LiteBit team consists of 14 employees, who are mostly focused on customer support. Customers can reach their support service on weekdays and on the weekend from 9 am to 9 pm.

LiteBit offers more than 60 different coins that can be easily purchased using iDEAL, Bancontact, Sofort, Giropay, SEPA and MyBank.

Besides buying coins, the platform also offers the possibility to sell your current coins for fiat or LiteBit credits. In addition, the platform also offers a self-hosted wallet service. This self-hosted wallet sets LiteBit apart from the competition.

Users can access your purchased coins in your wallet at any time and have an easy overview of your profit or loss

Their app makes trading even more convenient. It allows to buy, sell and monitor your coins via the smartphone. The app is currently only compatible with iOS.

Conclusion

We could not find any complaints around the company but Due to the current tense crypto industry, we downgrade all crypto companies to ORANGE for an undetermined period of time.