Ultimate guide on how to transfer
Litecoin from CoinFlux to Kraken

Step by step guide on how to withdraw Litecoin from your CoinFlux account

CoinFlux can process both Fiat money and cryptocurrency withdrawals.

Below is a practical guide on how to withdraw funds from CoinFlux:

  1. Withdrawing Fiat money from CoinFlux
  2. Withdrawing Litecoin from CoinFlux

Go to https://coinflux.com.

Enter the email and password you register and hit “Sign In.”

Select “Wallet” on the menu at the left side of the homepage.

1. Withdraw Fiat money from your CoinFlux account

You can withdraw money from your currency wallet to your bank account at any time; standard bank transfer timetable applies. Please confirm your bank account before the first withdrawal by sending a payment of any amount to our account. Your account information should correctly be entered.

There are no fees for withdrawing money from your EUR wallet. The minimum withdrawal is 50 EUR.

On the wallets section, click on “EUR,” and select “Withdraw.”

Great! You have successfully withdrawn Fiat money from your CoinFlux account.

 

2. How to withdraw Litecoin from your CoinFlux account

Just like withdrawing Fiat money, there are no fees for withdrawing Litecoin from your RON wallet. The minimum withdrawal is 50 RON. Make sure you are using the correct address in sending your funds as processed withdrawals can no longer be reverted.

On the wallets section, click on “RON,” and select “Withdraw.”

Congratulations! You have successfully withdrawn Litecoin from your CoinFlux account. 

Step by step overview on how to deposit Litecoin on Kraken

With Kraken, you can deposit cryptocurrencies like Litecoin as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.

Here are the steps on how to deposit Litecoin on your registered and confirmed Kraken account:

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

Click here to open the exchange site and click on “Log in.”

Click on “Log in” and enter your registered email address and password. You also need to verify Two-factor Authentication, then click on “Log in.”

Once you’re logged in, click on “Funding” to start depositing.

1. Deposit Litecoin on your Kraken account

To deposit Litecoin, click on “Deposit” and select your preferred Litecoin.  Make sure that the Litecoin deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Litecoin to the address as transactions sent to the wrong address may not be recoverable.

For an initial deposit, you will have to generate a new deposit address. Click the ‘Generate New Address’ button to do so.

After adding a deposit address, copy and paste the address and the generated ‘destination tag’ or ‘memo’ if required into the wallet from which the funds will be sent.

Awesome! You have deposited Litecoin on your Kraken account.

 

2. Deposit Fiat money on your Kraken account

To deposit Fiat money, select your currency under “Deposit” and select your deposit method from the drop-down menu.

Copy the deposit wire details and supply the needed information required by the system, depending on what method you have selected. Double check your information, then confirm the deposit transaction.

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

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