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

Step by step guide on withdrawing Litecoin from your account on BitForex

BitForex is one of the world’s leading exchange platforms that offers crypto-to-crypto transactions.

Below are the steps to guide you on how to withdraw funds from your account:

Go to https://www.bitforex.com/ and log into your account.

Go to “My Assets” and click “Withdraw.”

Select the currency you want to withdraw funds to from the “Please choose a Token” drop-down box.

Enter the Withdraw address together with the amount you wish to withdraw and click “Submit.”

You can check your Withdrawal History at the bottom of the page.

Congratulations! You have successfully withdrawn Litecoin from your account.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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