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

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  You cannot withdraw Litecoin from another coin’s address, meaning, BTC must be withdrawn to BTC and ETH to ETC, and so on.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 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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