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.
Simex allows crypto-to-crypto and Fiat currency transactions.
Below are the steps on how to deposit Litecoin to your account:
Go to https://simex.global/en and log into your account.
Once you’re in, select “Deposit” from the Finance tab.
In depositing RUB, you can do it through Visa and MasterCard debit cards issued by Russian banks, YandexMoney, Payment orders, Tinkoff, Sberbank-Online, Russian Standard, Alfa-Click, Unistream Global Money Transfers, Wallet One, Svyaznoy terminals, Euronet terminals, payment terminals.
For USD, Wire Transfer and Epay are the options available.
Next, choose the financial account you wish to deposit funds to and select the method of payment. Enter the amount you wish to deposit and click on the “Next” button. After this, you will be redirected to the payment service page where you need to complete the transaction.
On the same “Deposit” page, choose the account you want to deposit funds to and select which cryptocurrency you prefer, like Litecoin.
Next, copy the address and paste it into your third-party wallet. Make sure that you copy the correct address because once the transaction is done, it cannot be reversed.
You can check the link making sure the first and last two digits are correct.
If you want to check the transactions you made, go to the bottom of the same page.
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