Processing withdrawals on your funded Livecoin account are easy. You can withdraw Bitcoin or Fiat money, depending on what you have deposited.
Let’s go through the step by step process to help you withdraw funds on your Livecoin account:
Click here to open the exchange site.
Log in using the email address and password you’ve filed for Livecoin.
Go to ‘Balance’ to view your balances for Fiat money and Bitcoin. This is the page where you can select which of the two you would like to process withdrawals.
Processing Bitcoin withdrawal is very straight-forward. In this example, we are using Bitcoin.
After clicking on “Withdrawal,” you will be routed to a new page where you need to enter your amount and Bitcoin address. Be careful in choosing your recipient to avoid sending your money to the wrong Bitcoin or email address. Completed withdrawal transactions can no longer be reverted, hence, you could lose your money permanently if the wrong recipient is chosen.
After processing Bitcoin withdrawal on your account, you will see your transactions when you go to “Transaction History.”
If you prefer to withdraw Fiat money from your account, select your currency below “Fiat Balance.” In this example, we are using USD.
After clicking on “Withdrawal,” a new page opens where you can select from different options as shown on the image below.
In this example, we selected “Capitalist”. Fill out the form accurately by selecting your source of funds. Select the correct source as completed withdrawal transactions can no longer be reverted, hence, you could lose your money permanently if the wrong recipient is chosen.
Moving on to the next boxes, enter your “Beneficiary” (this is the number of a purse which can be copied from My Account) and the “Amount.” When you’re ready to proceed, click on “Send a payment.”
A window will appear with confirmation. Double check your information before confirming.
With Kraken, you can deposit cryptocurrencies like Bitcoin as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.
Here are the steps on how to deposit Bitcoin on your registered and confirmed Kraken account:
Click here to open the exchange site and click on “Log in.”
Click on “Log in” and enter your registered email address and password. You also need to verify Two-factor Authentication, then click on “Log in.”
Once you’re logged in, click on “Funding” to start depositing.
To deposit Bitcoin, click on “Deposit” and select your preferred Bitcoin. Make sure that the Bitcoin deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Bitcoin to the address as transactions sent to the wrong address may not be recoverable.
For an initial deposit, you will have to generate a new deposit address. Click the ‘Generate New Address’ button to do so.
After adding a deposit address, copy and paste the address and the generated ‘destination tag’ or ‘memo’ if required into the wallet from which the funds will be sent.
To deposit Fiat money, select your currency under “Deposit” and select your deposit method from the drop-down menu.
Copy the deposit wire details and supply the needed information required by the system, depending on what method you have selected. Double check your information, then confirm the deposit transaction.
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