Ultimate guide on how to transfer
Litecoin from Bitbank to Private: Gatecoin

Step by step overview on how to withdraw Litecoin from Bitbank

Bitbank has a series of verification steps that you need to complete prior to doing any transactions, like withdrawing Litecoin.  Additionally, the website could be a challenge to navigate as it doesn’t have any option for an English translation, however, we were able to gather these steps to help you withdraw Litecoin from Bitbank. We advise that you pay attention to the icon beside each description to make sure you are making the right selection.

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

Click here to open the exchange site and click on “Login.”

After logging in, enter your email address and password. Click on “Login” to continue.

We are using Bitbank’s mobile version here. Click on the main menu at the upper-right hand portion of the page.

Click on the Sixth option from the top which is “Withdraw.”

1. Withdraw Litecoin from Bitbank

To withdraw cryptocurrencies like Litecoin from Bitbank, select on “withdraw” next to your preferred Litecoin.

Add the address and the amount you wish to withdraw. You also have the option to add a new address when needed. Remember to double check your wallet address as processed transactions can no longer be reverted and funds would end up missing if an incorrect one is used.

Click on “Submit” to continue.

Wow! You have successfully withdrawn Litecoin from your Bitbank account. 

 

2. Withdraw Fiat money from Bitbank

To withdraw Fiat money from your Bitbank account, first, locate your currency, which is Japanese YEN and click on “withdraw.”

Enter the information asked by the system, depending on which withdrawal method you’ve selected. Remember to double check the information you supply as processed transactions can no longer be reverted and funds may end up missing.

That is it! You have withdrawn Fiat money from your Bitbank account. 

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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