To withdraw funds from Bitstamp, one must verify his/her account first. After such, you will be able to transact via Litecoin or Fiat money. The transaction time at Bitstamp does not take too long, and the process is also user-friendly.
Here, you will find steps that will guide you on how to make a withdrawal on Bitstamp.
Access the log-in page of Bitstamp first. Provide your registered information (User ID & Password), then hit Login.
For two-factor authentication, a token or 6-digit code is necessary to complete your log-in. Retrieve this from your authenticator app and click Continue.
Go to the ‘Withdrawal’ page as directed by the arrow on the image below.
From the selection on the left panel, select the cryptocurrency that you’d like to withdraw. On the next screen, provide the withdrawal or receiving address as well as the amount. Click the ‘Withdraw’ button to proceed. Litecoin withdrawals are free of charge but at the same time irreversible, so be sure to provide the correct information.
For Fiat money withdrawal, we will explain the steps through the EU Bank (SEPA) method as an example. To start, select this option from the left panel.
The SEPA form pops up which is an instrument for transferring funds to any bank account within the EU which supports the SEPA standard. Accurately provide all required information and hit Withdraw.
Go back to the Withdraw section to check the status of your withdrawal. Here, you will see that it says ‘Email’ confirmation needed.
Access your email inbox and click on the link that is in the email that you receive from Bitstamp.
The status will now change to ‘Waiting’ to be processed.
Another email will arrive in your inbox confirming your withdrawal.
As a result, the status will now show as ‘Finished’ on the Withdraw page. It usually takes 1-3 business days before you receive the money.
If you wish to check the withdrawal that you’ve just made, you can always go to your Account> Transactions> Withdrawal as the type.
Bitbank is a Japanese exchange where cryptocurrencies like Litecoin and Fiat money are being offered. Please be advised that for Fiat money deposit, the only available currency is Japanese YEN.
Additionally, the website could be a challenge to navigate as it doesn’t have any option for an English translation, however, we were able to gather these steps to help you deposit Litecoin on Bitbank. We advise that you pay attention to the icon beside each description to make sure you are making the right selection.
Click here to open the exchange site and click on “Login.”
After logging in, enter your email address and password. Click on “Login” to continue.
We are using Bitbank’s mobile version here. Click on the main menu at the upper-right hand portion of the page.
Click on the Fifth option from the top which is “Deposit.”
To deposit cryptocurrencies like Litecoin on Bitbank, select on “deposit” next to your preferred Litecoin.
Attach the wallet address or scan the QR code to generate a new one. Make sure the correct address is used in processing your deposit transaction to avoid losing funds.
Japanese YEN is the only available currency should you opt to fund Fiat money on Bitbank. Click on “deposit” next to the currency from the list.
The deposit number is your customer ID. Scroll down the page and check the “Name of client requiring payment” stated in the middle of the screen. Follow the instructions provided by the system and fill out the needed information required for you to continue depositing Japanese YEN on your account.
Note: The process of name transfer varies depending on the financial institution.
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