Ultimate guide on how to transfer
Litecoin from Coinfloor to Lykke

Step by step overview on how to withdraw Litecoin from Coinfloor

The process and security being implemented by Coinfloor for their deposits are also the same with how one make withdrawals from their platform. Additionally, the steps are also very much easy to follow just like other exchanges.

As such, we have prepared this guide for you to follow so your first withdrawal will become a success.

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

As what we usually do, you will have to log in to your account first by putting in your registered email address and password. You can also tick the small box if you’re a trader and wishes to disable the additional 2FA. When you’re ready, click the ‘Sign In’ button.

Input the 2FA code from your Authy device and hit the ‘Submit Authy Code’ button. You have enabled this during account registration.

Hit on the ‘My Account’ tab which you can see on the top navigation bar.

Click ‘Withdraw’ to start your withdrawal.

1. Withdraw Litecoin from your Coinfloor account

To withdraw Litecoin from Coinfloor, you must register your cryptocurrency wallet address first before placing a request. To initiate this, select Litecoin from the list by clicking on it.

Carefully read all the instructions and tick the small box confirming that you have understood and accepted everything. Hit on the ‘Register Litecoin Withdrawal Details’ button once done.

Enter your Litecoin withdrawal address on the designated field. This particular info is a long string of combined letters and numbers. To continue, hit on Register. Coinfloor processes requests from their multi-signature cold storage vaults once daily and during business hours.

Great job! You have successfully withdrawn Litecoin from your Coinfloor account.

2. Withdraw Fiat money from your Coinfloor account

If for any reason you want to withdraw Fiat instead of crypto coins, you can also do it from the ‘Withdraw’ section of the exchange. From the list, choose the asset or currency from which you will be sourcing the funds.

After going through the instructions and reminders, tick the box confirming that you have understood everything, and click on the ‘Register (chosen currency/asset) Withdrawal Details’ button.

On the next page, you will need to enter your bank account details. Be sure to provide accurate info to prevent any issues. Hit on Register to continue.

Coinfloor processes these requests once a day and during business hours. USD & GBP withdrawals are usually received in 1-5 working days, whereas EUR withdrawals arrive in 1-2 business days.

Note: For additional information about withdrawals, you can also check Coinfloor’s support section.

Here, you can view the withdrawal that you’ve just made. You can locate this by accessing your ‘My Account’ page.

Congratulations! You have easily withdrawn Fiat money from your Coinfloor account.

Step by step overview on how to deposit Litecoin on Lykke

With Lykke, 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 Lykke account:

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

Click here to open the exchange site.

Note: Downloading Lykke on your mobile phone is highly recommended because the trading process for Lykke requires you to sign in and connect using your mobile device. You are unable to trade using your computer.

I downloaded Lykke Wallet through Android in this example.

To log in, click on “Sign in.”

Type in the email address and password you’ve registered for Lykke Wallet.

Once you’re signed in, you will be routed to the Lykke Wallet homepage. To deposit, click on the blue plus sign on your selected currency or Litecoin. You may also directly click on “Payments & Transfers.”

1. Deposit Litecoin on your Lykke account

For Litecoin deposit, select “Blockchain Transfer” under “Deposit.”

The “Deposit” screen shows up with all available tokens and coins.  Select the one you would like to deposit by tapping on it. In this example, we select Bitcoin.

After you tap on Litecoin, the app will give you your wallet address. You can transfer your crypto assets to your trading wallet using wallet address and QR-code. 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.

You can check your balance by going back to the “Home” icon.

Great job! You have deposited Litecoin on your Lykke account.

 

2. Deposit Fiat money on your Lykke account

If you prefer to deposit using Fiat money, select “Swift” under “Deposit.”

Enter your preferred amount to deposit and click on the “Deposit” box.

Fill out the “Payment details” form and double check the onscreen information before submitting. Once you sent it to the wrong account, it cannot be undone, and your money can be lost permanently. After submitting your data, you get redirected to the screen of the payment provider.

You can check your balance by going back to the “Home” icon.

Awesome! You have deposited Fiat money on your Lykke account.

Which Cryptocurrency do you want to buy, transfer or store?

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