Ultimate guide on how to transfer
Litecoin from BitBay to BitInka

Step by step overview on how to withdraw Litecoin from BitBay

To withdraw Litecoin from BitBay, one must have a verified account first. Either, you take out some Litecoin or Fiat money, the process at BitBay is straightforward and easy to follow. There’s also an option to withdraw from an ATM.

Today, we will show you how to withdraw Litecoin from your BitBay account with ease and comfort.

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

Let’s log-in to your account first by going to the log-in page.

Type in your registered email address and click Log In.

Next, enter your password on the field provided and hit Log In again.

If you were able to set 2FA on BitBay, you would have to provide a 6-digit code. Get this from the Authenticator app and after entering click Log In.

Once signed in, go to the ‘Wallets’ section which you can find on the left side of the page.

1. Withdraw Litecoin from your BitBay account

To withdraw Litecoin from BitBay click ‘Withdrawal’ on the right side and select a cryptocurrency from the list. In this example, we will use BTC.

Enter your withdrawal amount, the address you wish to transfer the funds, and your comment. All information you enter must be correct to avoid errors. Click the ‘Pay Out’ button to proceed.

Nice work! You have withdrawn Litecoin from BitBay.

 

2. Withdraw Fiat money from your BitBay account

If you wish to withdraw Fiat money from your BitBay account, the steps below will help you achieve this process.

Still, from the ‘Wallets’ section click on ‘Withdrawal’ from the options on the right and select the currency you want to withdraw.

On the next page, click on Bank transfer.

Enter all the information that the system requires and click the ‘Withdraw’ button to proceed.

The system will send an authorization code to your email. Open your email to retrieve this code.

Copy the authorization code from the email just like the one you see below.

Paste the code on the box and hit Confirm. The transfer may take up to two business days.

There’s also an option to withdraw funds from an ATM as long as you’re physically in Poland and own a polish phone number.

To do this select PLN from the list of currencies and click ATM withdrawal.

Provide the amount that you intend to withdraw, your polish phone number and click the ‘Withdraw’ button.

Just like withdrawal through bank transfer, you will also need to access your email to get the authorization code. Do the same step by entering the code into the box and hit on Confirm. After 30 minutes from the time you made the request, you will receive an email with a PIN number and a code through SMS. Save this and go to the nearest ATM. Follow the steps found via this link to get your funds from an ATM.

Note: SMS code is only valid for 48 hours.

To check or view your withdrawal, go to the History section and click Deposits/Withdrawals.

You did it! You have made your first Fiat money withdrawal from BitBay.

Step by step overview on how to deposit Litecoin on BitInka

Putting funds into your BitInka account can be done by either depositing through Litecoin or Fiat money. However, for Fiat deposits, BitInka requires that you verify your identity first. Otherwise, if it’s a Litecoin deposit, account verification is not necessary.

Here, you will find steps that you can follow in funding your BitInka account.

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

Click this to access the platform.

Once the site is up log-in with your registered account.

After logging in, you’ll be routed directly to the Wallet section.

1. Deposit Litecoin on your BitInka account

To initiate a Litecoin deposit,  click on the ‘Cryptocoins’ tab.

Choose the Litecoin that you wish to deposit from the list and hit on the ‘Deposit’ button that corresponds the Litecoin.

The next screen will show your crypto-wallet public address. Enter the platform to which you’re going to acquire Litecoin and either scan the QR code or enter the cryptocurrency address. Minimum deposit you can make is 0.0001  BTC.  You will receive three confirmation notices before your Litecoin deposit arrives which usually takes up to 24 hours.

Great! You have added Litecoin on your BitInka account. 

2. Deposit Fiat money on your BitInka account

Now let’s talk about Fiat deposit. Remember that you can only initiate this process after your account gets verified. To fund a verified account with Fiat money, go to the ‘Currency’ tab which is still under the Wallet section.

From the list of currencies or fiat money, choose which one you want to fund. Click on the ‘Deposit’ button to proceed. On the following page, you must specify on how you’re going to add credit to your account (transfers are the preferred method here). Enter the amount of your deposit and then click Total. Confirm that the amount is correct and hit Enter. An email with the information of the bank account to which you must make the deposit will arrive in your inbox.

Lastly, you have to verify your deposit to avoid delays. To do this, go to the Wallet section and click Deposit. Select the currency to which you have made the deposit and hit Verify. Provide the information being requested on the next page, attach the voucher and click on Save. Crediting time may take 24 to 72 business hours.

Awesome job! You now have deposited Fiat money on your BitInka account.

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