How to buy Litecoin without verification

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Can I buy LTC without KYC? Learn how to buy Litecoin without verification(step by step) with a credit card and the StealthEX exchange.

Are you looking for anonymous ways to buy Litecoin(LTC) and don’t want to create an account at an exchange? In the fast-paced world of cryptocurrencies, swapping your Litecoin crypto is now as easy as a few clicks! 🚀 In this guide, we’ve got your back to guide you through the process of buying Litecoin without ID or verification.

In particular, a direct swap feature allows Litecoin investors to exchange one LTC token for another directly within their wallets, eliminating the need to transfer funds to an external exchange. This feature streamlines the buying process, saving time and reducing transaction fees.

For crypto investors, direct swaps offer several advantages:

  • Convenience: Swapping directly within the wallet eliminates the need to register for an external exchange, transfer funds, and wait for confirmations.
  • Speed: Direct swaps are often faster than traditional exchange-based swaps, as they occur within the user’s wallet.
  • Reduced Fees: Direct swaps can lower transaction fees by eliminating the need for intermediary exchanges.

In this article, we’ll guide you through the steps to buy Litecoin using Trust Wallet, without the need for KYC or creating an external account. By continuing to read this guide you learn:

  • How to buy Litecoin without verification using the StealthEX exchange
  • How to download and install Trust Wallet(optional)
  • Find Litecoin address on Trust Wallet(optional)

How To Buy Litecoin Without Verification(4 Steps)

First of all, I’ll assume that you are new to cryptocurrencies and have never used a crypto wallet like Trust Wallet before. Therefore, we’ll start at level zero where you have to set up and install this wallet first.

Of course, you can skip some steps in this buying process if you already using this wallet on a regular basis. That being said, let’s kick off from here (thumb)

Step 1: Download Trust Wallet

Download Trust Wallet from the App Store or Google Play Store for free. If you prefer a desktop, you can download the Trust Wallet by going to the Trust Wallet website.

Besides, don’t forget to verify first if you are visiting the official Trust Wallet website. Otherwise, you risk downloading a fake wallet.

Step 2: Setup Your Trust Wallet

create new Trust Wallet for buying LTC

After downloading Trust Wallet, follow the steps to set it up. It’s actually really easy.

  1. Click ‘Create a new wallet
  2. Create a secure password
  3. Secure your secret recovery phrase
  4. Congrats! Your wallet is created

The most important part of setting up any self-custody wallet like Trust Wallet is recording your 12-word secret recovery phrase and storing it in a safe place.

Your secret recovery phrase is the key to your wallet and the funds within. Whoever has your recovery phrase has control of your funds. So make sure to keep it secure.

In other words, besides a password, you also need to secure the 12-word recovery phrase. The password gives access to your device, where the recovery phrase will allow you to do transactions on the blockchain.

Therefore it is important to write it down and lock it away in a safe place. Preferably in an at-home safe that is both fire and waterproof.

Never store your wallet’s private key online such as in a cloud or any files on your phone or computer.

If you lose your recovery phrase, there is no way to recover it or your wallet.

TIP – A good option for securing your recovery phrase is to use a stainless steel crypto wallet that can survive about anything, from fire to acids, and lasts more than 20 years.

Step 3: Find Litecoin Address on Trust Wallet

To be able to transfer cryptocurrencies to Trust Wallet you have to use your wallet’s public address — a unique identifier on the blockchain network.

Suppose you want to buy LTC at the StealthEX exchange then you need to give your wallet address to them. This is to let them send the required tokens to you.

Additionally, to find your Trust Wallet’s public address, click on ‘Receive‘ button above in the menu. Once clicked, a huge QR code appears with below the public key(Something like this: ‘ltc1qkwz0ma5tdf43lnwm6mh9phqr9a9aeatw7v0vqn‘)

Then, click the ‘Copy‘ icon below to store the address in memory.

Once you have your wallet’s public address, you can transfer Litecoin from the StealthEX exchange by pasting the address into the “Recipient” field.

Steps for receiving LTC on Trust Wallet
Steps for receiving LTC on Trust Wallet

This will send the LTC tokens directly to your Trust Wallet(It will be explained in detail in the next step).

Step 4: Buy Litecoin No KYC

At this point, you are ready to buy Litecoin with Trust Wallet without verification. To achieve this you need to initiate a swap on the StealthEX exchange. At this exchange, you can use a credit card to purchase Litecoin. Remember that you only can buy without KYC if you purchase less than €700 (or any other currency). Below are the steps:

  1. Just go to StealthEX. Open the Buy Litecoin window instead of the automatically loaded Exchange.
  2. Then select fiat currency and choose the Litecoincurrency that you want to buy. In this case: LTC.
  3. Paste the Litecoin wallet address(copied above).
  4. Purchase LTC using a credit card(VISA or Mastercard)
Buy LTC no KYC with StealthEX
Buy LTC no KYC with StealthEX

Again, when buying an amount of Litecoin under €700 for the first time you won’t need to take the KYC procedure. However, know that an e-mail address or mobile number(only once!) is required to finalize the transaction. All in all, just send in the fiat and wait for your purchase to go through!

Buying Litecoin Without Verification Further Explained

StealthEX is a platform that allows you to buy Litecoin tokens worth up to €700 without having to go through the KYC (Know Your Customer) process. You can make a single purchase of €700 or several transactions of €20, €50, or €100, as long as your total purchases do not exceed €700. This means that you can exchange your assets across chains in minutes without the need to verify your identity.

The process of entering the world of cryptocurrencies can be complicated, but with StealthEX, it is easier and hassle-free. You may be wondering if buying Litecoin without KYC is legal. The answer is yes! According to the rules, exchanges are required to identify customers who want to buy or withdraw funds of €1000 or more. Purchases under €1000, however, do not require any verification checks. Remember that buying transactions aren’t fully anonymous as you must provide an e-mail or mobile number(only once!) to make the purchase go through.

Finally, StealthEX aims to eliminate the tiresome and lengthy verification process, even for small purchases of cryptocurrency. With StealthEX, you can now enjoy a smooth and seamless online crypto purchasing experience.

👉Go To StealthEX

Conclusion: To Buy Litecoin Without Verification Beneficial?

If you’re new to cryptocurrencies and lack experience, you’re more likely to opt for a platform that offers a seamless user experience to make a small purchase. Nobody enjoys verification procedures, and nobody wants to wait for their documents to be processed.

In today’s fast-paced internet world, where most things are accessible instantaneously, customers are likely to abandon an onboarding process if it’s too long and time-consuming. This could cause you to procrastinate the KYC procedure. As a result, you’ll miss the opportunity to buy your preferred LTC tokens at a great price.

This is especially true for crypto enthusiasts who love the digital crypto world for its quick transactions. Therefore, using a web3 wallet like Trust Wallet to buy Litecoin really uplifts this buying experience.

Related: How to withdraw from Trust Wallet to PayPal

FAQ

Does Trust Wallet Allow You To Buy Litecoin with Fiat?

In short, yes you can. Also, you don’t need to verify your ID if you want to receive Litecoin or do swaps within the wallet. However, first-time fiat purchases(USD or EUR) require you to do KYC at one of their third-party providers.

Do I Need To Create An Account At StealthEX?

No, you don’t. To buy Litecoin no KYC doesn’t require users to sign up first.

Which Credit Cards Allow You To Buy Litecoin?

With StealthEX you can use VISA, Mastercard, and SEPA for Litecoin purchases. However, PayPal isn’t supported, but this can change anytime soon.


📣Important: List of top Crypto Projects

👨🏻‍💻 StealthEX: Buy crypto no KYC(< $750,-)
🎁 Swapzone: Find the best crypto offer
🚀 Bitsgap: Best Automated Trading Bots
💲 Nexo: Reliable Crypto Lending Platform and get $25 free Bitcoin

***To be Profitable in the markets


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