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 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:
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.”
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”.
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”.
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