Coinone is an exchange platform based in Korea that allows fiat money and crypto-to-crypto transactions.
Below is a guide to help you in withdrawing Fiat money and Litecoin from your Coinone account:
Go to Visit https://coinone.co.kr and click “Log in.”
Navigate your way to the Withdrawal section by clicking on the “D/W” button located at the top bar of the homepage.
From the withdrawal page, look for the Korean Won currency or simply go to “Quick menu.”
Select “KRW” and click on the “D/W” button beside it. In the Wallets section, select “Withdrawal” and enter the amount you want to withdraw on the on the withdrawal form, and proceed with the transaction.
From the withdrawal page, look for the cryptocurrency you want to withdraw funds from, or simply go to “Quick menu.”
In this example, we are going to use Bitcoin. Locate the BTC button and click on “D/W” beside it.
Next, enter the amount you wish to withdraw and proceed with the whole process.
Putting funds into your BitInka account can be done by either depositing through Litecoin or Fiat money. However, for Fiat deposits, BitInka requires that you verify your identity first. Otherwise, if it’s a Litecoin deposit, account verification is not necessary.
Here, you will find steps that you can follow in funding your BitInka account.
Click this to access the platform.
Once the site is up log-in with your registered account.
After logging in, you’ll be routed directly to the Wallet section.
To initiate a Litecoin deposit, click on the ‘Cryptocoins’ tab.
Choose the Litecoin that you wish to deposit from the list and hit on the ‘Deposit’ button that corresponds the Litecoin.
The next screen will show your crypto-wallet public address. Enter the platform to which you’re going to acquire Litecoin and either scan the QR code or enter the cryptocurrency address. Minimum deposit you can make is 0.0001 BTC. You will receive three confirmation notices before your Litecoin deposit arrives which usually takes up to 24 hours.
Now let’s talk about Fiat deposit. Remember that you can only initiate this process after your account gets verified. To fund a verified account with Fiat money, go to the ‘Currency’ tab which is still under the Wallet section.
From the list of currencies or fiat money, choose which one you want to fund. Click on the ‘Deposit’ button to proceed. On the following page, you must specify on how you’re going to add credit to your account (transfers are the preferred method here). Enter the amount of your deposit and then click Total. Confirm that the amount is correct and hit Enter. An email with the information of the bank account to which you must make the deposit will arrive in your inbox.
Lastly, you have to verify your deposit to avoid delays. To do this, go to the Wallet section and click Deposit. Select the currency to which you have made the deposit and hit Verify. Provide the information being requested on the next page, attach the voucher and click on Save. Crediting time may take 24 to 72 business hours.
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