To withdraw funds from Bitstamp, one must verify his/her account first. After such, you will be able to transact via Ethereum or Fiat money. The transaction time at Bitstamp does not take too long, and the process is also user-friendly.
Here, you will find steps that will guide you on how to make a withdrawal on Bitstamp.
Access the log-in page of Bitstamp first. Provide your registered information (User ID & Password), then hit Login.
For two-factor authentication, a token or 6-digit code is necessary to complete your log-in. Retrieve this from your authenticator app and click Continue.
Go to the ‘Withdrawal’ page as directed by the arrow on the image below.
From the selection on the left panel, select the cryptocurrency that you’d like to withdraw. On the next screen, provide the withdrawal or receiving address as well as the amount. Click the ‘Withdraw’ button to proceed. Ethereum withdrawals are free of charge but at the same time irreversible, so be sure to provide the correct information.
For Fiat money withdrawal, we will explain the steps through the EU Bank (SEPA) method as an example. To start, select this option from the left panel.
The SEPA form pops up which is an instrument for transferring funds to any bank account within the EU which supports the SEPA standard. Accurately provide all required information and hit Withdraw.
Go back to the Withdraw section to check the status of your withdrawal. Here, you will see that it says ‘Email’ confirmation needed.
Access your email inbox and click on the link that is in the email that you receive from Bitstamp.
The status will now change to ‘Waiting’ to be processed.
Another email will arrive in your inbox confirming your withdrawal.
As a result, the status will now show as ‘Finished’ on the Withdraw page. It usually takes 1-3 business days before you receive the money.
If you wish to check the withdrawal that you’ve just made, you can always go to your Account> Transactions> Withdrawal as the type.
With Livecoin, you can deposit funds using a variety of cryptocurrencies as well as Fiat money.
Let’s follow these steps to help you deposit funds on your registered and verified Livecoin account:
Click here to open the exchange site.
Log in using the email address and password you’ve registered for Livecoin.
Go to ‘Balance’ to view your balances for Fiat money and Ethereum. This is the page where you can select which of the two you would like to deposit.
For Ethereum deposit, select your Ethereum below “Crypto Balance.” In this example, we are using Bitcoin.
Click on “Deposit” next to the Ethereum.
A new box pops-up displaying the Ethereum address. Click on copy and make sure the address is correctly copied. Pay attention when you’re copying it as Ethereum transaction cannot be reversed, and if you’re not careful, you would end up losing your money.
After depositing Ethereum on your account, you will see your transactions when you go to “Transaction History.”
If you prefer to deposit using Fiat money, select your currency below “Fiat Balance.” In this example, we are using USD.
Click on “Deposit” next to your selected currency.
Next, choose your payment method and select whether the deposit is through the merchant or direct transfer. Always check your account number before sending you funds. Once you sent it to the wrong account number, it cannot be undone and your money can be lost permanently.
Click on “Pay now” to continue.
After depositing Fiat money on your account, you will see your transactions when you go to “Transaction History.”
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