Ultimate guide on how to transfer
Litecoin from Bittrex to Private: Gatecoin

Step by step overview on how to withdraw Litecoin from Bittrex

Withdrawing funds from your Bittrex account is very straight-forward. However, prior to making deposit and withdrawal transactions, you have to go through account verification process to ensure your safety. Also, for Fiat money withdrawal, you have to make sure your account is added to the USD markets.

Here, you will find steps that you can follow in withdrawing funds from Bittrex account.

  1. Withdraw Litecoin on Bittrex
  2. Withdraw Fiat money on Bittrex

Click this to access the platform.

Once the site is up, log-in with your registered account.

Once you’re logged in, click on “Wallet” which routes you to the “Account Balances” page.

1. Withdraw Litecoin on Bittrex account

To withdraw Litecoin on Bittrex, select your Litecoin from the list of available cryptocurrencies. Initially, the page seems empty. You may want to click on “Show zero balance” to view the list or directly type in Litecoin. So, in this example, we will withdraw BTC.

After typing in BTC, the list filters and displays BTC only. There are two icons beside the Litecoin, and for withdrawal, select the red icon. This will bring up the “Withdrawal” screen.

Enter the address and amount you wanted to withdraw.  Make sure the address was created for the Litecoin you are withdrawing.  You cannot withdraw Litecoin from another coin’s address, meaning, BTC must be withdrawn to BTC and ETH to ETC, and so on. If you withdraw to another coin’s address, you’d end up losing your funds forever.

Click on “Withdraw” once you’re ready to proceed.

Remember: If you have activated 2FA, you will need to enter the six-digit code and confirm it.  Otherwise, log into the email account you’ve registered for Bittrex and click the verification link attached on the message they send you.

After the withdrawal, you can check your transactions under “Pending Withdrawals” and “Withdrawal History” when you scroll down the page.

Great! You have successfully processed Litecoin withdrawal from your Bittrex account. 

 

2. Withdraw Fiat money from Bittrex

For Fiat money withdrawal, select your currency from the list. Click on “Show zero balance” to view the entire list or directly type in the currency of your choice. So, in this example, we will withdraw USD.

After typing in USD, the list filters and displays USD only. There are two icons beside the currency, and for withdrawal, select the red icon.

Important reminders:  Bittrex now supports eligible personal and corporate accounts for USD withdrawals. International customers and those operating in the States of California, New York, Montana, and Washington are eligible as long as the identity verification process is completed. It is a requirement to request your account(s) be added to the USD markets. If you already have an existing account, you can process your request in a few minutes and it gets approved in just a few days.

Click here to view the requirements needed.

Accounts without requests submitted and confirmed to be added to the USD markets will appear like this. However, once your account is added, the withdrawal box will ask you to enter the account details and you can submit your transaction by clicking on”Withdraw USD.”

After the withdrawal process, you can check your transactions under “Pending Withdrawals” and “Withdrawal History” when you scroll down the page.

Wonderful! You have successfully processed Fiat money withdrawal from your Bittrex account. 

Step by step overview on how to deposit Litecoin on Gatecoin

With Gatecoin, you can deposit cryptocurrencies like Litecoin as well as Fiat money.

Here are the steps on how to deposit funds on your registered and confirmed Gatecoin account:

  1. Deposit Litecoin on Gatecoin
  2. Deposit Fiat money on Gatecoin

Click here to open the exchange site.

Log in using the email address and password you’ve filed for Gatecoin.

Once you’re logged in, you can see different menus on the left side of the page. Click on ‘Deposit’ which is the fifth option from the top.

1. Deposit Litecoin on your Gatecoin account

For Litecoin deposit, go to ‘Deposit Funds’ and click on your Litecoin. In this example, we are using BTC.

Right below the currency options is the deposit address.

You can either copy the current deposit address or generate a new one. Scan the QR code and type in the numbers or copy the address using the external Litecoin wallet that holds the Litecoin you want to deposit. Send the transaction to continue.

It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Litecoin as it can no longer be reverted.

Bitcoin funds should be available after six confirmations. You will see your recent and previous deposit transactions by clicking on ‘History.’

Excellent! You have deposited Litecoin on your Gatecoin account.

 

2. Deposit Fiat money on your Gatecoin account

For Fiat money deposit, go to ‘Deposit Funds’ and select HKD/USD/EUR as well as your location. We are using USD in this example.

You will then see Gatecoin’s bank account details and instructions for you to process an e-banking or wire transfer depending on your location. After sending the transfer, upload the receipt of the transaction in your Gatecoin account under “Submit” next to “Instructions.”

Fill out the information correctly as it is shown on the account statement. You are also required to attach a screenshot of the online banking payment confirmation message. Gatecoin’s service provider will not issue the funds if the needed information is not provided.

The bank transfer takes up to two business days. You will see your recent and previous deposit transactions by clicking on ‘History.’

Fantastic! You have deposited Fiat money on your Gatecoin account.

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