How to Buy Bitcoin and Crypto in Lithuania
What we Found
Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.
Bitcoin and other cryptocurrencies have become increasingly popular in recent years, and Lithuania has not been an exception to this trend. If you are interested in trading Bitcoin or buying other cryptocurrencies in Lithuania, here are some steps you can follow:
Choose a cryptocurrency exchange: There are several cryptocurrency exchanges available in Lithuania, such as CoinGate, Bitpanda, and Binance. You should compare the fees, security features, and supported cryptocurrencies of different exchanges to choose the one that suits you best.
Create an account: Once you have chosen an exchange, you need to create an account by providing your personal information and verifying your identity. You will usually need to provide a government-issued ID, such as a passport or driver’s license, and a proof of address.
Fund your account: To start trading, you need to deposit funds into your exchange account. Most exchanges accept bank transfers, credit/debit cards, and some even accept PayPal or other payment methods.
Buy Bitcoin or other cryptocurrencies: Once your account is funded, you can buy Bitcoin or other cryptocurrencies using the exchange’s trading platform. You can either buy at market price or set a limit order to buy at a specific price.
Store your cryptocurrencies: After buying cryptocurrencies, it is recommended to store them in a secure wallet, either hardware or software. Exchanges can be a target for hackers, and it is best to keep your cryptocurrencies in your own possession.
In summary, to buy and trade Bitcoin and other cryptocurrencies in Lithuania, you need to choose an exchange, create an account, fund it, buy cryptocurrencies, and store them in a secure wallet. Keep in mind that cryptocurrencies can be volatile and risky investments, and it is important to do your own research and invest only what you can afford to lose.
Most popular crypto exchanges
Buy Bitcoin and Crypto through Coinbase
- Coinbase is a convenient and cheap way to buy Ethereum and the platform is open to 200+ countries). Coinbase will sell you CRO for a variable fee that depends on your payment method (credit cards have a higher fee than wire transfers), order size and market volatility. Here’s how you buy Ethereum on Coinbase: Open a Coinbase account Add your payment method (Credit card or bank account) Go to “Buy/Sell” and select the amount of Ethereum you desire Click “Buy Cronos”
Buy Bitcoin and Crypto through Crypto.com
- Crypto.com is a cryptocurrency exchange company based in Singapore. As of May 2022, the company reportedly had 50 million customers and 4,000 employees. The exchange issues a token, Cronos.The company was initially founded in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as “Monaco”. In 2018, the company was renamed as
Buy Bitcoin and Crypto through MEXC
- Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy Bitcoin and Crypto through Kucoin
- Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
Buy Bitcoin and Crypto through Bitfinex
- Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.