Ultimate guide on how to transfer
Litecoin from Private: LiveCoin to BitInka

Step by step overview on how to withdraw Litecoin from Livecoin

Processing withdrawals on your funded Livecoin account are easy. You can withdraw Litecoin or Fiat money, depending on what you have deposited.

Let’s go through the step by step process to help you withdraw funds on your Livecoin account:

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

Click here to open the exchange site.

Log in using the email address and password you’ve filed 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 process withdrawals.

1. Withdraw Litecoin from your Livecoin account

Processing Litecoin withdrawal is very straight-forward. In this example, we are using Bitcoin.

After clicking on “Withdrawal,” you will be routed to a new page where you need to enter your amount and Litecoin address. Be careful in choosing your recipient to avoid sending your money to the wrong Litecoin or email address. Completed withdrawal transactions can no longer be reverted, hence, you could lose your money permanently if the wrong recipient is chosen.

After processing Litecoin withdrawal on your account, you will see your transactions when you go to “Transaction History.”

Nice! You have successfully processed Litecoin withdrawal on your Livecoin account.

 

2. Withdraw Fiat money from your Livecoin account

If you prefer to withdraw Fiat money from your account, select your currency below “Fiat Balance.” In this example, we are using USD.

After clicking on “Withdrawal,” a new page opens where you can select from different options as shown on the image below.

In this example, we selected “Capitalist”.  Fill out the form accurately by selecting your source of funds. Select the correct source as completed withdrawal transactions can no longer be reverted, hence, you could lose your money permanently if the wrong recipient is chosen.

Moving on to the next boxes, enter your “Beneficiary” (this is the number of a purse which can be copied from My Account) and the “Amount.” When you’re ready to proceed, click on “Send a payment.”

A window will appear with confirmation. Double check your information before confirming.

Perfect! You have successfully withdrawn Fiat money from your Livecoin account.

Step by step overview on how to deposit Litecoin on BitInka

Putting funds into your BitInka account can be done by either depositing through Litecoin or Fiat money. However, for Fiat deposits, BitInka requires that you verify your identity first. Otherwise, if it’s a Litecoin deposit, account verification is not necessary.

Here, you will find steps that you can follow in funding your BitInka account.

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

Click this to access the platform.

Once the site is up log-in with your registered account.

After logging in, you’ll be routed directly to the Wallet section.

1. Deposit Litecoin on your BitInka account

To initiate a Litecoin deposit,  click on the ‘Cryptocoins’ tab.

Choose the Litecoin that you wish to deposit from the list and hit on the ‘Deposit’ button that corresponds the Litecoin.

The next screen will show your crypto-wallet public address. Enter the platform to which you’re going to acquire Litecoin and either scan the QR code or enter the cryptocurrency address. Minimum deposit you can make is 0.0001  BTC.  You will receive three confirmation notices before your Litecoin deposit arrives which usually takes up to 24 hours.

Great! You have added Litecoin on your BitInka account. 

2. Deposit Fiat money on your BitInka account

Now let’s talk about Fiat deposit. Remember that you can only initiate this process after your account gets verified. To fund a verified account with Fiat money, go to the ‘Currency’ tab which is still under the Wallet section.

From the list of currencies or fiat money, choose which one you want to fund. Click on the ‘Deposit’ button to proceed. On the following page, you must specify on how you’re going to add credit to your account (transfers are the preferred method here). Enter the amount of your deposit and then click Total. Confirm that the amount is correct and hit Enter. An email with the information of the bank account to which you must make the deposit will arrive in your inbox.

Lastly, you have to verify your deposit to avoid delays. To do this, go to the Wallet section and click Deposit. Select the currency to which you have made the deposit and hit Verify. Provide the information being requested on the next page, attach the voucher and click on Save. Crediting time may take 24 to 72 business hours.

Awesome job! You now have deposited Fiat money on your BitInka account.

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