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.
CEX.io offers a convenient way of depositing Litecoin or Fiat money on your verified and confirmed account. Prior to making deposit transactions, Google Authentication must be activated.
These steps are very helpful in making your first Litecoin deposit on CEX.io.
Access the CEX.io website by clicking this link. Log in using your registered email address and password or via your social media account.
After logging in, you’d automatically see the “Deposit” button in green.
To deposit Litecoin on your CEX.io account, select your Litecoin and enter your desired amount at the right side of the screen, then click on “Continue.”
You will be given an address. This is what you need to use in processing your Litecoin deposit or you can also scan the QR code to generate a new one. See to it that you are copying the correct address when depositing to avoid losing funds.
Litecoin deposit transactions are available at the bottom of the page under “Recent BTC transactions.”
The ability to deposit Fiat money on your CEX.io account is possible and you have three options to select from. First, you need to select your currency and enter your desired amount on the right side of the screen. Second, select your deposit payment method and fill out the form asked by the system.
If you choose to fund your account from the card, you need to input the card data. Note that you can fund your account only from your personal card, not 3rd parties cards.
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