Rain enables you to sell litecoin in exchange for Middle Eastern currencies as well as US dollar. To sell litecoin for Bahraini Dinar, simply complete the requirements and follow the steps listed below. 

Requirements:

  1. A verified Rain account. If you haven't already signed up, you can create an account here. 
  2. Funds in your Rain LTC account. In order to sell LTC, you need a positive balance in your Rain LTC account.

NOTE: we charge a flat fee of 1.5% of the transaction value for selling LTC. For more information about Rain fees click here.

If you are selling litecoin using the Rain app, click here for a step by step guide.

Steps (Rain website):

  1. Log in to your Rain account.
  2. Click on SELL at the top of the page.

   3. Select LTC account to withdraw funds from.
   4. Select BHD account to deposit to.
   
5. Enter the amount you would like to sell. Click continue. You can either enter the value in BHD (e.g. BHD 100) or LTC ( e.g. 0.5 LTC). 

   6. Review the transaction details. Click Confirm.      
   
7. Enter the SMS code received. Click Submit.

NOTE: for greater security, Two-Step Authentication is mandatory to complete a transaction. You will receive the code in an SMS text message, sent to your registered phone. More information on Two-Step Authentication available here.

   8. Once the transaction has been successfully completed, you will receive a confirmation email containing your transaction details.

For more information about the weekly trading limits click here.

NOTE: if you require greater limits than the ones provided, please reach out to [email protected]

  

Steps (Rain app):

  1. Open Rain app. For more information about Rain app click here.
  2. Click on Sell at the bottom of the page.
  3. Select LTC account to withdraw funds from.
  4. Select BHD account to deposit to. 
  5. Enter the amount you would like to sell. Click continue. You can either enter the value in BHD (e.g. BHD 100) or LTC value ( e.g. 0.5 LTC). Use the arrow on the right side to switch between BHD and LTC.

   6. Review the transaction details. Click Confirm.      
   
7. Enter the SMS code received. Click Submit.

NOTE: for greater security, Two-Step Authentication is mandatory to complete a transaction. You will receive the code in an SMS text message, sent to your registered phone. More information on Two-Step Authentication available here.

   8. Once the transaction has been successfully completed, you will receive a confirmation email containing your transaction details.

 For more information about the weekly trading limits click here.

NOTE: if you require greater limits than the ones provided, please reach out to [email protected].

About Rain
Rain is a cryptocurrency platform in the Middle East, headquartered in the Kingdom of Bahrain. We are licensed and regulated by the Central Bank of Bahrain (CBB). Rain enables you to buy, sell, and store bitcoin and other cryptocurrencies, in a regulated, secure, and compliant way.

Did this answer your question?