Ultimate guide on how to transfer
Litecoin from Bitbank to itBit

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 You have successfully withdrawn Litecoin from your Bitbank account. 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 You have withdrawn Fiat money from your Bitbank account.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 itBit

With your fully confirmed and verified itBit account, you can take advantage of the different features available on the exchange. One of the major things that you need to do before you start trading is depositing funds. With itBit, you can deposit cryptocurrencies like Litecoin or Fiat money.

These are the easy-to-follow steps to help you make your first Litecoin deposit on itBit

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

Click this link to access the exchange site. Log in using the email address and password you’ve registered for itBit. Once you’re logged in, your default screen will direct you to itBit’s funding page.

1. Deposit Litecoin on your itBit account

To deposit Litecoin on itBit, choose the wallet account you would like to fund, then click on “Deposit,”.

Next, select your Litecoin and click the “Deposit” button. A pop-up window with your Litecoin deposit address will appear. You can either send your Litecoin to this deposit address or scan the QR Code provided using your wallet service.

The deposit address auto-generates a unique value for each deposit transaction. You must rescan or input the new deposit address for any future deposits to avoid losing funds. 

If you scroll down the funding page, you’d be able to see your deposit transactions.

Easy, right? You have added Litecoin on your itBit account. 

2. Deposit Fiat money on your itBit account

To deposit Fiat money on your itBit account, the instructions are similar to depositing Litecoin. Select the appropriate account tab from which you would like to transact. Under “Deposit,” select your currency (SGD is currently unavailable).

Next, click the “Deposit” button. The “Cash Wire Deposit Instructions” will pop-up. Please follow itBit’s instructions including making sure the bank account name from which the transfer originates, matches that of the registered account or your deposit can be rejected. Secure your itBit wallet ID. This is added in your wire transfer instructions. Insufficient/missing account identifying information will lead to delays in Fiat deposits, reversals and administrative fees imposed by the banks and itBit.

If you scroll down the funding page, you’d be able to see your deposit transactions.

You did it! You have added Fiat money on your itBit account.

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