Ultimate guide on how to transfer
Litecoin from Bithumb to 1BTCXE

Step by step guide on how to withdraw Litecoin from your Bithumb account

Bithumb only allows Fiat money (KRW) withdrawals to Korean residents. Other users have the option to withdraw cryptocurrency like Litecoin and here the easy steps to follow:

Go to https://www.bithumb.com  and click on “Sign In.”

Enter the email and password you registered.

Enter the security password you used when you signed up then click “Confirm.”

After logging in, click on the “Wallet” button located at the top bar and select “Withdrawal.”

On the Withdrawal section, select the Litecoin or currency you want to withdraw.

Next, enter the amount you wish to withdraw, together with the bank name, bank account, account number, account holder’s name. Always double check your information before submitting withdrawal transactions as it can no longer be reverted and could cause you to lose funds.

Also, type in the cell phone verification code for authentication purposes, and then click “Withdrawal Request.”

Check the transaction history at the bottom of the page where it says “History” or by clicking on the “Pending Order” and “Completed Orders.”

Fantastic! You have just withdrawn Litecoin from your Bithumb account. 

Step by step overview on how to deposit Litecoin on 1BTCXE

There are two different ways on how you can fund your 1BTCXE account. Either way, you will no longer need to pass any verification process on 1BTCXE, unlike other exchanges. However, it is a requirement to open an account with Crypto Capital so you can deposit Fiat currencies.

To help users with deposits, we have come up with easy-to-follow steps below.

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

The first thing to do is log-in to your 1BTCXE account using your email and password. Click the Login button to continue.

If you have set-up an added security to your 1BTCXE account like 2FA, you will need to enter your 6-digit code. You can get this from the authenticator app. Hit ‘Validate’ to proceed.

Once logged-in click ‘Deposit’ to start funding your 1BTCXE account.

1. Deposit Litecoin on your 1BTCXE account

From the Deposit page, you will see the ‘Deposit Bitcoins’ section. Send your funds to the address on the screen, or you can also scan the QR code. If you wish to obtain a different address, all you need to do is click the ‘Manage Bitcoin addresses’ button. Take note though that you can only generate a new address every 24 hours. Your funds will show after receiving three confirmations for the transaction and will depend on the worldwide Bitcoin network.

Great! Your 1BTCXE account is now holding Litecoin funds.

 

2. Deposit Fiat money on your 1BTCXE account

Fiat money deposit on 1BTCXE is a little different compared to other exchanges. The platform requires its users to open an account first from Crypto Capital. After getting and funding an account with them, you can go ahead and associate it with your 1BTCXE account by clicking ‘Manage bank accounts’ which you can find on the Deposit page.

To open an account with Crypto Capital, go to this link.

Hit the ‘Add Account’ button to continue to the next page.

Enter your Crypto Capital account number, Description, and Currency on their respective boxes. Be sure to provide the correct currency to avoid any conversion fee. Proceed by hitting the ‘Add Account’ button.

Here you will see a prompt stating that you have successfully added your Crypto Capital account.

Go back to the Deposit page to complete this process.

Locate step 3  and follow the instructions. The moment the transfer becomes complete your funds will appear on your 1BTCXE account in just a few minutes.

To view your deposit or balance, you can navigate to your ‘My Account’ page.

Congratulations! Fiat money deposit on your 1BTCXE account is a success.

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