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.
With MixCoins, you can deposit funds using a variety of cryptocurrencies as well as Fiat money.
Let’s follow these steps to help you deposit funds on your registered and verified MixCoins account:
Click here to open the exchange site.
Log in using the email address and password you’ve registered for MixCoins.
After logging in, click on ‘Fund’ or hover your mouse over your email address, which is your account name, and select on ‘Deposit’ from the drop-down menu.
For Litecoin deposit, locate Litecoin and click on the ‘Deposit’ box next to it.
You will be routed to the ‘Finances’ page. Make sure that your Litecoin is selected correctly and is highlighted in green as well as the ‘Deposit’ box. We are using BTC in this example.
Bitcoin generates a unique address per user. Copy the deposit address where you need to send your funds. It is a must to pay attention when you’re copying it as Litecoin transaction cannot be reversed, and if you’re not careful, you will end up losing your money.
After depositing, you will see your recent deposit transaction at the bottom of the page, or go to ‘History,’ to check all transactions made.
If you prefer to deposit using Fiat money, simply locate USD and click on the ‘Deposit’ box next to it.
You will be routed to the ‘Finances’ page where you have the option to select your currency. Make sure that your preferred currency is selected correctly and is highlighted in green as well the ‘Deposit’ box. In this example, we are using USD.
Select your deposit method by clicking on the drop-down arrow and enter the amount you wish to deposit. When processing wire transfer, double check your account number before sending your funds. Once you sent it to the wrong account, it cannot be undone, and your money can be lost permanently.
Click on the ‘Deposit’ box to continue. After depositing, you will see your recent deposit transaction at the bottom of the page, or if you go to ‘History,’ you will see all transactions made.
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