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.
With Kraken, you can deposit cryptocurrencies like Litecoin 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 Litecoin 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 Litecoin, click on “Deposit” and select your preferred Litecoin. Make sure that the Litecoin deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Litecoin 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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