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 WEX, 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 WEX account:
Click here to open the exchange site.
Log in using the email address and password you’ve registered for WEX.
After logging in, select on “Finances” to view your funds.
For Litecoin deposit, select your Litecoin under “Funds” and click on the “Deposit” box. In this example, we are using Bitcoin.
Scroll down the page to view your wallet address. Copy the deposit address where you need to send your funds or generate a new one. It is a must to pay attention when you’re copying it as Litecoin transaction cannot be reversed, and if you’re not careful, you will end up losing your money.
After depositing, you will see your recent deposit transaction at the bottom of the page, or go to ‘History,’ to check all transactions made.
For Fiat money deposit, select your currency under “Funds” and click on the “Deposit” box. In this example, we are using USD.
Select your payment method from the drop-down menu and enter your amount. Click on “Deposit” to continue. A new window opens up where you need to confirm your deposit. It is highly advised to double check your account number before sending your funds. Once you sent it to the wrong account, it cannot be undone, and your money can be lost permanently.
After depositing, you will see your recent deposit transaction at the bottom of the page, or go to ‘History,’ to check all transactions made.
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