After completing the account verification process and submitting the required documents to check your identity, you’ll then be able to process different transactions like processing Litecoin withdrawal from Independent Reserve exchange.
These are the easy-to-follow steps to help you withdraw Litecoin from Independent Reserve.
Click this link to access the exchange site.
After logging in, click on “accounts” for you to see your Account Balance and the available currencies. To withdraw, you need to view the list first and click on “withdraw” in-line with your currency selection.
There’s a variety of cryptocurrencies that you can select from Independent Reserve, like Litecoin. To withdraw Litecoin from your account, make your selection from the list under “accounts” and click on “withdraw.”
You will then be routed to another page where you’d get to enter your amount, destination address, and comments. Just like what the instruction says, make sure to use the correct address in making Litecoin withdrawal to avoid losing your funds.
Click on “Withdraw” to continue.
You can view your withdrawal transactions under “Withdrawals” and by selecting your Litecoin.
To withdraw Fiat money from your Independent Reserve account, go to “accounts” and select your currency from the list. Once you’ve made your selection, all you have to do is click on “withdraw.”
You will then be routed to another page where you can select your method of withdrawal transaction and supply the required information asked by the system.
You can view your withdrawal transactions under “Withdrawals” and by selecting your currency.
At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Litecoin or Fiat money. However, it is mandatory to have a verified account if you intend to process a Fiat money deposit. Just like other exchanges, the funding process for this platform is very understandable.
This guide will help any individual make his/her first deposit on Bitfinex a success.
Click this link to access the exchange site.
Log-in using your registered account. Make sure to copy the Captcha text.
Get the 6-digit code from the authenticator app if you have enabled 2FA on your Bitfinex account. Click the ‘Authenticate’ box after entering the 2FA code.
After logging in click the Deposit tab on the top of the page.
Depositing Litecoin does not require a verified account. So while waiting for the verification request approval, you can process cryptocurrency deposit first.
From the Deposit section, locate the Cryptocurrencies panel and choose which currency you want to fund.
Read the guidelines on the screen especially regarding the fees before proceeding.
After grasping all information check all the boxes and hit the ‘ I understand. Continue.’ button.
Bitfinex offers three types of wallet addresses. The most commonly used is the Exchange Wallet which users can use for buying & selling supported tokens. The other two are Margin Wallet (trading on margin) and Funding Wallet (provides finance for other margin traders).
Select which wallet address you want to fund and click on ‘Click to generate address’ button. Additionally, tick on the icon just beside ‘Click to generate address’ to copy the address to the clipboard. This action will make sure that you’re copying the correct one.
To complete this step, you have to enter the Bitfinex address to the external wallet from which you intend to access and send the funds. There is a minimum of 20 confirmations (approximately 5+ minutes) before the funds get credited to your Bitfinex account.
If your account verification request already gets approval, you may also deposit Fiat money to it. From the deposit section, locate ‘Bank Wire’ and choose the currency you wish to fund from the list.
Follow the instructions on the page such as providing the bank details from which the funds will be coming from and other necessary information needed to complete the process. Always see to it that everything you enter is accurate and updated to avoid errors and delays. You will get a notification once the funds get credited to your Bitfinex account.
You can check your deposit transaction on the Deposit section under Recent Deposits.
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