With SATOS you can sell Litecoin for Euro ✅ Payment direct to bank account ✅ No account required ✅ Sell ETH from your own wallet
Sell litecoin on the fly and have euros paid out directly to your bank account. Transactions are processed almost immediately (also during the weekend).
SATOS has more than 5 years of experience in buying and selling litecoin and your cryptocurrency remains in your own control.
SATOS offers live help and support via chat and telephone, 7 days a week! We are happy to help you on your way with selling litecoin.
You do not need a SATOS account to sell Litecoin or other cryptocurrencies. First, you enter how much Litecoin you want to sell or how much EUR you like to receive. Once you have filled either one of these two options, the other will automatically be calculated. Do you agree with the proposed exchange rate? Then click on ‘Place order’.
We now require your details to process the transaction. Aside from providing your details, you can also consult this screen to see the agreed-upon exchange rate and the value of your Litecoin transaction. The only data we require of you are your email address, bank account and name of the primary holder of the account. Once you have filled in this information, the process is nearly complete. Click on ‘Confirm order’.
The final part of the transaction consists of the transfer of your Litecoin to our wallet. Keep in mind that you should not use an exchange for this transfer, because you will not be able to set a transaction fee this way. This may lead to a transaction delay and cause your order to expire. Most Litecoin wallets automatically display a recommended customary fee. We also recommend an optimal fee ourselves. Once you have confirmed the transaction, you will only need to wait for the network confirmation. We will send the euros to your bank account as soon as we receive this confirmation.
SATOS generally processes transactions nearly instantaneously, seven days per week.
SATOS has been the Netherlands’ primary broker for selling and buying Litecoin for more than five years now.
Our support team stands ready to assist you, seven days a week, either through chat or over the phone.
SATOS does not manage the assets of its clients. Are you buying Litecoin through SATOS? Then you will always retain full control over it.
Selling litecoin is a piece of cake and we pay out euros in minutes through SEPA.
We work with transparent pricing. There are no fees or hidden costs. What you see is what you get.
Here’s what some of our customers say about our work
At SATOS, we protect the decentralized and pseudonymous nature of cryptocurrencies such as litecoin. We think it is important that you learn how to create your own litecoin wallet and how to store, send and receive litecoins yourself.
We never ask for more personal information than we are legally obliged to request from you and we only use this information to prevent fraud, money laundering and other criminal activities.
Are you not yet in possession of your own Litecoin wallet? Creating a wallet is simple and can be arranged in no time! We explain this process step-by-step on our litecoin wallet page.
The crypto market is always open, and as a result, the Litecoin exchange rate keeps fluctuating. The coin has already endured some aggressive rate fluctuations. It is not unusual for Litecoin to gain or lose a couple of percentage points during a single day. So how do you determine the right moment to sell or buy Litecoin in this type of market? No one knows the answer to that question. That's why you should always do some research yourself before you decide to buy or sell. Do you want to know more about Litecoin pricing and the dynamics behind it? We set up a special Litecoin price chart page where you can learn more about Litecoin and its pricing.
On average, SATOS processes transactions within 15 minutes. Keep in mind that if this is your first transaction on our platform, that you may need to complete a couple of one-time verification steps. Also, be aware that the selling price of your transaction is fixed from the moment we receive your Litecoin. You will not have to worry about possible rate fluctuations during the sales process after we have received your Litecoin. This way, you will know exactly what to expect.
Aside from the time it takes for us to process your transaction, the processing time of the Litecoin network is also a factor to take into account. If the system is currently facing a lot of traffic, it might take a bit longer before miners successfully add your transaction to the blockchain. However, this is rarely a concern for the Litecoin blockchain; it practically never causes a delay. The speed with which your transaction is processed depends on the transaction fee you pay. Why is this? Every block on the blockchain is limited in size. Therefore, miners need to choose which transactions they will work on in the next block. As miners seek to maximise their profits, they will first process the transactions with the highest fees. The higher the fee, the faster your transaction will be processed.
Unfortunately, we are also dependent on the processing time of banks. Banks generally process transactions slower than the Litecoin blockchain. Banks are also often closed in the weekends. Did you complete your payment after 3 PM? Then you will probably only receive the amount on your bank account the next day, as banks generally do not process transactions past 3 PM.
You will receive the money on your bank account on the next working day at the latest. The speed at which your order is processed primarily depends on your bank. We usually process orders within 10 minutes. Does your bank support instant payment? Then the money will directly appear in your account. Take a look at our terms and conditions to learn more about how we operate and what you can expect from us. We have done our best to keep them as short and understandable as possible. That way you know for sure that you'll never be confronted with unexpected surprises.
SATOS does not operate with a daily limit, but we do have a limit of EUR 50,000 per transaction. However, it is possible to place multiple orders of this amount consecutively.
At SATOS, we offer services from EUR 50 and up. We retain this minimum amount because otherwise, the transaction costs would become disproportional, which means that you would not be able to sell your crypto at a fair price.
No, this is not possible. We are required by law to request some details of our customers during the selling process. Please view our KYC / AML policy for more information.
You will usually pay about 1 - 1,5% of the sale price when using SATOS. This includes transaction costs.
This is possible. But do keep in mind that the proposed rate only stays valid for 15 minutes. We will recalculate the rate if we receive your funds outside of this time frame.
Certainly! In this case, we may request a recent extract from the Chamber of Commerce.
We are available every day of the week. You can contact us through phone, by email, or by using the live chat or social media. We are available from 10 AM to 10 PM.
No, we do not do this. It is your responsibility to communicate your financial details with the relevant tax authorities.
SATOS makes use of BUNQ. This allows us to offer instant payment. Are you also an account holder at a bank supporting instant payment? Then you will receive your money almost instantaneously after the transaction has been finalised.
Report your crypto assets to the tax authorities every year. This way, you prevent yourself from getting in trouble when you wish to sell your cryptocurrencies in the future and have to explain to the tax authorities where you have obtained all that money from. In the Netherlands, cryptocurrencies are generally taxed as income in Box 3. You do not pay any asset tax over the first EUR 30,000. You can find more information about taxes at our dedicated bitcoin tax.