Ultimate guide on how to transfer
Litecoin from 1BTCXE to Gatecoin

Step by step overview on how to withdraw Litecoin from 1BTCXE

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.

  1. Withdraw Litecoin from 1BTCXE
  2. Withdraw Fiat money 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.

1. Withdraw Litecoin from your 1BTCXE account

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.

Awesome! You have finally withdrawn Litecoin from 1BTCXE.

 

2. Withdraw Fiat money from your 1BTCXE account

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.

Perfect! You have done a great job by achieving your first Fiat withdrawal on 1BTCXE.

Step by step overview on how to deposit Litecoin on Gatecoin

With Gatecoin, you can deposit cryptocurrencies like Litecoin as well as Fiat money.

Here are the steps on how to deposit funds on your registered and confirmed Gatecoin account:

  1. Deposit Litecoin on Gatecoin
  2. Deposit Fiat money on Gatecoin

Click here to open the exchange site.

Log in using the email address and password you’ve filed for Gatecoin.

Once you’re logged in, you can see different menus on the left side of the page. Click on ‘Deposit’ which is the fifth option from the top.

1. Deposit Litecoin on your Gatecoin account

For Litecoin deposit, go to ‘Deposit Funds’ and click on your Litecoin. In this example, we are using BTC.

Right below the currency options is the deposit address.

You can either copy the current deposit address or generate a new one. Scan the QR code and type in the numbers or copy the address using the external Litecoin wallet that holds the Litecoin you want to deposit. Send the transaction to continue.

It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Litecoin as it can no longer be reverted.

Bitcoin funds should be available after six confirmations. You will see your recent and previous deposit transactions by clicking on ‘History.’

Excellent! You have deposited Litecoin on your Gatecoin account.

 

2. Deposit Fiat money on your Gatecoin account

For Fiat money deposit, go to ‘Deposit Funds’ and select HKD/USD/EUR as well as your location. We are using USD in this example.

You will then see Gatecoin’s bank account details and instructions for you to process an e-banking or wire transfer depending on your location. After sending the transfer, upload the receipt of the transaction in your Gatecoin account under “Submit” next to “Instructions.”

Fill out the information correctly as it is shown on the account statement. You are also required to attach a screenshot of the online banking payment confirmation message. Gatecoin’s service provider will not issue the funds if the needed information is not provided.

The bank transfer takes up to two business days. You will see your recent and previous deposit transactions by clicking on ‘History.’

Fantastic! You have deposited Fiat money on your Gatecoin account.

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