Ultimate guide on how to transfer
Litecoin from Kraken to YoBit

Step by step overview on how to withdraw Litecoin from Kraken

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:

  1. Withdraw Litecoin from Kraken
  2. Withdraw Fiat money from Kraken

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.”

1. Withdraw Litecoin from your Kraken account

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.”

Good job! You have withdrawn Litecoin from your Kraken account.

 

2. Withdraw Fiat money from your Kraken account

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.

Perfect! You have withdrawn Fiat money from your Kraken account. 

Step by step overview on how to deposit Litecoin on YoBit

With YoBit, 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 YoBit account:

  1. Deposit Litecoin on YoBit
  2. Deposit Fiat money on YoBit

Click here to open the exchange site.

Start by logging in using the email address and password you’ve registered for YoBit.

Click on “Wallets” to view your funds as well as the available Litecoins. To deposit, select your currency from the list and click on the plus sign under “Deposit.”

1. Deposit Litecoin on your YoBit account

For Litecoin deposit, refer to the list under “Wallet.” In this example, we are using Bitcoin.

You can highlight it to make sure that you are working on your Litecoin and click on the plus sign.

The “Deposit” window pops up with the wallet address. Copy the address, scan the code, or generate a new one. Send the transaction to continue. It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Litecoin as it can no longer be reverted.

To view your deposit transaction, click on “History”.

Excellent! You have deposited Litecoin on your YoBit account.

 

2. Deposit Fiat money on your YoBit account

For Fiat money deposit, refer to the list under “Wallet.” In this example, we are using USD.

You can highlight it to make sure that you are working on your preferred currency and click on the plus sign.

The “Deposit” window pops up with the payment methods. Make your selection, enter the amount, and click on “Deposit.”

Follow the instructions and fill out the information correctly as it is shown on the account statement. If you fail to provide accurate information, you could lose your money as processed deposits can no longer be reverted.

To view your deposit transaction, click on the “History”.

Fantastic! You have deposited Fiat money on your YoBit account.

Which Cryptocurrency do you want to buy, transfer or store?

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.