Ultimate guide on how to transfer
Litecoin from Private: Simex to Independent Reserve

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 You have just withdrawn Fiat money from your account.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 You have successfully withdrawn Litecoin from your account.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 Independent Reserve

After verifying your account, you’ll then be able to deposit funds into Independent Reserve exchange through cryptocurrencies like Litecoin or Fiat money. Deposit methods include Electronic Funds Transfer and SWIFT transfer.

These are the easy-to-follow steps to help you make your first Litecoin deposit on Independent Reserve.

  1. Deposit Litecoin on Independent Reserve
  2. Deposit Fiat money on Independent Reserve

Click this link to access the exchange site.

After logging in, click on “accounts” for you to see your Account Balance and the available currencies. To deposit, you need to view the list and click on “deposit” in-line with your currency selection.

1. Deposit Litecoin on your Independent Reserve account

There’s a variety of cryptocurrencies that you can select from Independent Reserve, like Litecoin. To deposit Litecoin on your account, make your selection from the list under “accounts” and click on “deposit.”

You will then be routed to another page where you’d get to copy the wallet address. Make sure to use the same address in making Litecoin deposit transactions to avoid losing your funds.

If you wish to view your pending and or previous deposit transactions, you may go to “Transaction History” at any time.

Great job! You have added Litecoin to your Independent Reserve account. 

 

2. Deposit Fiat money on your Independent Reserve account

You also have the option to deposit Fiat money on your Independent Reserve account and the steps are pretty much similar to adding Litecoin deposit. Go to “accounts” and select your currency by viewing the list. Once you’ve made your selection, all you have to do is click on “deposit.”

You will then be routed to another page where you can select your method of deposit transaction and supply the required information asked by the system.

If you wish to view your pending and or previous deposit transactions, you may go to “Transaction History” at any time.

Excellent job on adding Fiat money to your Independent Reserve account!

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