Ultimate guide on how to transfer
Litecoin from Private: BitBay to CoinsBank

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 You have withdrawn Litecoin from BitBay.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 guide on how to deposit Litecoin on your account on CoinsBank

CoinsBank is an all-in-one gateway to blockchain services and is the leading platform for professional cryptocurrency traders. It offers both Fiat money and crypto-to-crypto transactions.

Below is a guide that will help you make a deposit Litecoin to your account on CoinsBank:

  1. Depositing Fiat money on CoinsBanks
  2. Depositing Litecoin on CoinsBank

Visit https://coinsbank.com/ and click “Login.”

Enter your mobile number and password, and then click “Login.”

Next, from the Dashboard, go to the “Your accounts” section and click “Deposit.”

1. Depositing Fiat money to your CoinsBank account

Select the currency you wish to deposit funds to.

In this example, we are going to use USD. Enter the amount and select the payment method.

Enter your phone number and check the transaction you are about to process. When all is set, click “Deposit.”

Awesome! You have just funded your CoinsBank account with Fiat money.

 

2. Depositing Litecoin on your CoinsBank account

Select the cryptocurrency you wish to deposit funds to and enter the amount in the next box. In this example, we are going to use Bitcoin.

Click “Crypto Wallet,” which is the payment method.

Next, copy the crypto address provided, or scan the QR code with your mobile wallet app.

Great job! You have just deposited Litecoin on your CoinsBank account

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