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.
After securing your EXMO account, you can proceed with depositing funds through Litecoin or Fiat money. Just like other exchanges, the funding process for this platform is very straightforward.
The steps below will guide you in processing your first Litecoin deposit on EXMO.
Click this link to access the exchange site and click “Sign in” to log into your registered and verified EXMO account.
After logging in, click on “Finance” where you’d get to see all available currencies. Beside each currency is a “Deposit” button which you need to click to start funding Litecoin on your EXMO account.
To fund your account with Litecoin, select your Litecoin under the “Finance” page and click on the “Deposit” box inline with your Litecoin.
You will then be asked to generate a deposit address. To do this, click on “Create address.”
The page will provide the wallet address which you need to copy or you can also scan the barcode to generate a new one. Make sure that you are copying the correct address to avoid losing your funds when processing your deposit transaction.
To view your recent and previous deposits, you can go to “Transaction history” right below the same page.
You have the option to deposit Fiat money on EXMO. Like Litecoin deposit, select your currency under “Finance” page and click on the “Deposit” box inline with your selection.
You will then select your method of Fiat deposit transaction and fill out the form required depending on what method you’ve selected.
To view your recent and previous deposits, you can go to “Transaction history” right below the same page.
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