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.
With Livecoin, 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 Livecoin account:
Click here to open the exchange site.
Log in using the email address and password you’ve registered for Livecoin.
Go to ‘Balance’ to view your balances for Fiat money and Litecoin. This is the page where you can select which of the two you would like to deposit.
For Litecoin deposit, select your Litecoin below “Crypto Balance.” In this example, we are using Bitcoin.
Click on “Deposit” next to the Litecoin.
A new box pops-up displaying the Litecoin address. Click on copy and make sure the address is correctly copied. Pay attention when you’re copying it as Litecoin transaction cannot be reversed, and if you’re not careful, you would end up losing your money.
After depositing Litecoin on your account, you will see your transactions when you go to “Transaction History.”
If you prefer to deposit using Fiat money, select your currency below “Fiat Balance.” In this example, we are using USD.
Click on “Deposit” next to your selected currency.
Next, choose your payment method and select whether the deposit is through the merchant or direct transfer. Always check your account number before sending you funds. Once you sent it to the wrong account number, it cannot be undone and your money can be lost permanently.
Click on “Pay now” to continue.
After depositing Fiat money on your account, you will see your transactions when you go to “Transaction History.”
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