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:
Go to https://simex.global/en and log into your account
Select “Withdraw” from the Finance tab.
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.
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.
Bithumb only accepts Fiat currency (KRW) deposits from Korean residents. Other users have the option to deposit cryptocurrency like Litecoin.
Here’s a practical guide on how to deposit Litecoin on your Bithumb account:
Head to https://www.bithumb.com and log in to your account using the email and password you used upon registering, and then click on “Sign In.”
Enter the security password you used when you signed up then click “Confirm.”
From the homepage, select the “Wallet” tab at the top and choose “Deposit.”
Or click on “Deposit/Charge” at the upper right side of the page. Always double check the address that you’re using in processing deposits as processed transactions can no longer be reverted and could cause you to lose funds.
You can check your transaction history at the bottom of the page at the “History” Section or by clicking on the “Pending Order” and “Completed Orders” buttons at the bottom of the vertical tab on the right side.
Congratulations! You have funded Litecoin on your Bithumb account and you are now ready to trade.
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.