The withdrawal process on Kraken is simple and the steps are easy to follow. You are required to comply with the Account Verification process and Two-factor Authentication prior to doing any transaction, like Litecoin withdrawal.
Here are the steps on how to withdraw Litecoin from your registered and confirmed Kraken account:
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 withdraw Litecoin from Kraken, click on “Withdraw” and select your Litecoin.
Paste your wallet address or add a new one by clicking on “Add address.” Click on “Review Withdrawal” and double check the information you supplied to avoid errors.
Whenever you’re ready, click on “Confirm withdrawal.”
To withdraw Fiat money from Kraken, click on “Withdraw” and select your currency. Next, select your withdrawal method from the drop-down arrow and supply the information required by the system, depending on the method you’ve selected. Double check your information before confirming your withdrawal to avoid losing funds.
Bitbank is a Japanese exchange where cryptocurrencies like Litecoin and Fiat money are being offered. Please be advised that for Fiat money deposit, the only available currency is Japanese YEN.
Additionally, the website could be a challenge to navigate as it doesn’t have any option for an English translation, however, we were able to gather these steps to help you deposit Litecoin on Bitbank. We advise that you pay attention to the icon beside each description to make sure you are making the right selection.
Click here to open the exchange site and click on “Login.”
After logging in, enter your email address and password. Click on “Login” to continue.
We are using Bitbank’s mobile version here. Click on the main menu at the upper-right hand portion of the page.
Click on the Fifth option from the top which is “Deposit.”
To deposit cryptocurrencies like Litecoin on Bitbank, select on “deposit” next to your preferred Litecoin.
Attach the wallet address or scan the QR code to generate a new one. Make sure the correct address is used in processing your deposit transaction to avoid losing funds.
Japanese YEN is the only available currency should you opt to fund Fiat money on Bitbank. Click on “deposit” next to the currency from the list.
The deposit number is your customer ID. Scroll down the page and check the “Name of client requiring payment” stated in the middle of the screen. Follow the instructions provided by the system and fill out the needed information required for you to continue depositing Japanese YEN on your account.
Note: The process of name transfer varies depending on the financial institution.
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