Ultimate guide on how to transfer
Litecoin from Simex to 1BTCXE

Step by step guide on how to withdraw Litecoin from your account on Simex

Simex is a user-friendly exchange platform that allows both Fiat and crypto-to-crypto transactions.

Here are the steps on how to process Litecoin withdrawal from Simex:

  1. Withdrawing Fiat money from Simex
  2. Withdrawing Litecoin from Simex

Go to https://simex.global/en and log into your account

Select “Withdraw” from the Finance tab.

1. How to withdraw Fiat money from your account on Simex

To withdraw funds, update your bank details first in your “Withdraw Accounts” page.

From the “Withdraw” page, select the financial account you wish to withdraw funds from. Enter the amount you want to withdraw, and select the method you wish to use. Once done, click the “Next” button.

For RUB, Visa & MasterCard debit cards, Yandex, Money, Webmoney RUR are allowed and for USD, Wire Transfer is offered.

Withdrawal requests are processed within 24 hours. Funds transfer to your bank debit card may take up to 5 business days.

Good job! You have just withdrawn Fiat money from your account.

 

2. How to withdraw Litecoin from your account on Simex

Open the “Withdraw” page in your Finances tab, and choose the financial account you wish to withdraw funds from.

Enter the desired sum you want to withdraw. Select the method you prefer to use to complete the withdrawal and press the “Next” button.

Digital wallets are processed online in real time, unlike Fiat money which takes up to five business days.

Congratulations! You have successfully withdrawn Litecoin from your account.

Step by step overview on how to deposit Litecoin on 1BTCXE

There are two different ways on how you can fund your 1BTCXE account. Either way, you will no longer need to pass any verification process on 1BTCXE, unlike other exchanges. However, it is a requirement to open an account with Crypto Capital so you can deposit Fiat currencies.

To help users with deposits, we have come up with easy-to-follow steps below.

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

The first thing to do is log-in to your 1BTCXE account using your email and password. Click the Login button to continue.

If you have set-up an added security to your 1BTCXE account like 2FA, you will need to enter your 6-digit code. You can get this from the authenticator app. Hit ‘Validate’ to proceed.

Once logged-in click ‘Deposit’ to start funding your 1BTCXE account.

1. Deposit Litecoin on your 1BTCXE account

From the Deposit page, you will see the ‘Deposit Bitcoins’ section. Send your funds to the address on the screen, or you can also scan the QR code. If you wish to obtain a different address, all you need to do is click the ‘Manage Bitcoin addresses’ button. Take note though that you can only generate a new address every 24 hours. Your funds will show after receiving three confirmations for the transaction and will depend on the worldwide Bitcoin network.

Great! Your 1BTCXE account is now holding Litecoin funds.

 

2. Deposit Fiat money on your 1BTCXE account

Fiat money deposit on 1BTCXE is a little different compared to other exchanges. The platform requires its users to open an account first from Crypto Capital. After getting and funding an account with them, you can go ahead and associate it with your 1BTCXE account by clicking ‘Manage bank accounts’ which you can find on the Deposit page.

To open an account with Crypto Capital, go to this link.

Hit the ‘Add Account’ button to continue to the next page.

Enter your Crypto Capital account number, Description, and Currency on their respective boxes. Be sure to provide the correct currency to avoid any conversion fee. Proceed by hitting the ‘Add Account’ button.

Here you will see a prompt stating that you have successfully added your Crypto Capital account.

Go back to the Deposit page to complete this process.

Locate step 3  and follow the instructions. The moment the transfer becomes complete your funds will appear on your 1BTCXE account in just a few minutes.

To view your deposit or balance, you can navigate to your ‘My Account’ page.

Congratulations! Fiat money deposit on your 1BTCXE account is a success.

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