Ultimate guide on how to transfer
Litecoin from Bitstamp to Private: Simex

Step by step overview on how to withdraw Litecoin from Bitstamp

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.

  1. Withdraw Litecoin from Bitstamp
  2. Withdraw Fiat money from 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.

1. Withdraw Litecoin from your Bitstamp account

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.

Awesome! You have successfully withdrawn Litecoin from Bitstamp.

 

2. Withdraw Fiat money from your Bitstamp account

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.

Congratulations! You have effortlessly withdrawn Fiat money from your Bitstamp account.

Step by step guide on how to deposit Litecoin on your account on Simex

Simex allows crypto-to-crypto and Fiat currency transactions.

Below are the steps on how to deposit Litecoin to your account:

  1. Depositing Fiat money to your Simex account
  2. Depositing Litecoin to your Simex account

Go to https://simex.global/en and log into your account.

Once you’re in, select “Deposit” from the Finance tab.

1. How to deposit Fiat money to your account on Simex

In depositing RUB, you can do it through Visa and MasterCard debit cards issued by Russian banks, YandexMoney, Payment orders, Tinkoff, Sberbank-Online, Russian Standard, Alfa-Click, Unistream Global Money Transfers, Wallet One, Svyaznoy terminals, Euronet terminals, payment terminals.

For USD, Wire Transfer and Epay are the options available.

Next, choose the financial account you wish to deposit funds to and select the method of payment. Enter the amount you wish to deposit and click on the “Next” button. After this, you will be redirected to the payment service page where you need to complete the transaction.

There you have it! You have just deposited Fiat money to your Simex account.

 

2. How to deposit Litecoin to your account on Simex

On the same “Deposit” page, choose the account you want to deposit funds to and select which cryptocurrency you prefer, like Litecoin.

Next, copy the address and paste it into your third-party wallet. Make sure that you copy the correct address because once the transaction is done, it cannot be reversed.

You can check the link making sure the first and last two digits are correct.

If you want to check the transactions you made, go to the bottom of the same page.

Awesome! You have just deposited Litecoin to your Simex account.

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