I have bitcoins. I want to buy litecoins. With BTC-E, is there any verification/waiting time i have to do before i can sell my bitcoins there for some LTC?

Is there anything extra i should know about them? I just want to know if i can make an account there today, and also today sell 100 btc for ltc... Without limit/verification bullshit like MtGox or Bitstamp.

A quick answer is highly appreciated!