Withdrawing your funds from 1BTCXE is something that you can effortlessly and quickly do. You have the option to withdraw Litecoin or Fiat money depending on your necessity and preference. It is a requirement though that you have a valid Crypto Capital account before you can transfer Fiat money.
The steps below will lead you to achieve your first withdrawal from 1BTCXE.
Log-in to 1BTCXE to start the process by typing in your registered email and password. To continue, hit the ‘Login’ button.
If you have an active 2FA setting for your 1BTCXE account, you will need to key-in your 6-digit code which you can get from the authenticator app. Validate to go to the next page.
Click the ‘Withdrawal’ button or tab to initiate your withdrawal.
To withdraw Litecoin, locate the ‘Withdraw Bitcoins’ section and enter the receiving address and the amount you want to send. Be careful with the address to avoid errors. If you type a wrong address, you’ll most likely lose your funds. To complete this step, click the ‘Send Bitcoins’ button. You might need to provide another 6-digit code on the next screen if 2FA setting is active on your 1BTCXE account. The withdrawal process on 1BTCXE is most of the time immediate and crediting to the receiving wallet may need to wait for a certain number of confirmations.
As previously mentioned, Fiat withdrawal requires a Crypto Capital account which is associated or connected to your 1BTCXE account. If everything is ready, you can now withdraw your funds in the form of Fiat from 1BTCXE.
From the ‘Withdraw’ page, look for the ‘Withdraw Fiat Currency’ section. Select your Crypto Capital account from the dropdown list and the amount you wish to withdraw. Click the ‘Withdraw Currency’ button to complete the transaction. Same with Litecoin withdrawal, you may also need to provide a 6-digit code if two-factor authentication is active on your 1BTCXE account. Since the exchange manually verifies all withdrawals for security purposes crediting may take up to 1 day.
You can find your withdrawal transaction from the ‘Recent Withdrawals’ section on the Withdraw page.
As one of the most trusted exchanges in the UK, Coinfloor offers its users two options in funding their accounts. Whether you choose to deposit through Fiat or Litecoin, both process is easy to initiate and complete.
If you wonder how to do this, you can quickly go through the steps below.
To start, you have to sign in to your account by entering your email address and password. Additionally, you can also tick the ‘I’m a trader’ box if you believe you are and wish to disable the additional 2FA. After this, click Sign In to continue.
Here, you will have to input your Authy code. This part is the 2FA setting that you’ve added when you first signed up for an account on Coinfloor. Submit this code to proceed.
Unlike other exchanges, the deposit tab or section will only appear on Coinfloor once everything gets verified. From the homepage, you can start verification by hitting ‘Choose’ under Initiate Verification. After this step, the ‘Deposit’ tab will show up on the top navigation bar of the site. Click on it and select Litecoin as your deposit.
Your unique deposit address will appear where you can transfer the funds using your preferred wallet. Coinfloor processes Litecoin deposits 24/7.
Note: For more info about Litecoin deposits you can check Coinfloor’s support page here.
Just like Litecoin deposits, funding with Fiat also requires passing verification. You can verify by clicking on the ‘Choose’ button from the homepage and afterward the ‘Deposit’ tab on the top navigation bar will become available.
When you access the deposit section, you will find Coinfloor Exchange UK’s client account details together with your unique reference code which is under BIC/SWIFT and in purple color. It is advisable to enter this code in the “message to beneficiary” field without additional words or numbers to avoid delays and errors.
The displayed bank account is where you need to transfer the funds and always make sure to specify the currency you are sending. Clearing may take up to five business days depending on what deposit method you choose.
Note: For more info regarding Fiat deposits (including fees), feel free to check this link.
To check your deposits, you can quickly go to the ‘Deposits and Withdrawals History’ section from your ‘My Account’ page.
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