Withdrawing funds from your BitInka account is very easy and straightforward. However, just like any other exchanges verification is necessary before you can make a withdrawal. Also, if you wish to withdraw from your local currency, you must first register your bank account.
To help you with the withdrawal process, we have prepared below easy-to-follow steps.
Click this to access the platform.
Log-in with your registered BitInka account.
After logging in, you’ll be routed right away to the Wallet section of the exchange.
To withdraw Litecoin, click on the ‘Cryptocoins’ tab.
Select the coin to which you want to withdraw your funds from and hit the ‘Withdraw’ button. Enter the amount to be transferred and to which wallet address on the next page. This operation is final so be sure to use the correct crypto-wallet address. Confirmation of this transaction may take up to 24 business hours.
For Fiat money withdrawal, click on the ‘Currency’ tab.
Select the currency or fiat to which you want to make a withdrawal and then click the ‘Withdraw’ button of that currency. On the following page, provide the required information such as the amount to be withdrawn. Confirmation of this transaction will arrive within 24 to 72 hours.
To view your transaction, go to the ‘Withdrawal’ section and choose the Litecoin or Fiat money that you have withdrawn.
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
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.
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.
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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Please do your own research on all of your investments carefully. Scores are based on averages of third party websites. Past performance is no indicative of future results. Read the full disclaimer here.
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