Ultimate guide on how to transfer
Litecoin from Private: Simex to Lykke

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 You have just withdrawn Fiat money from your account.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 You have successfully withdrawn Litecoin from your account.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

With Lykke, 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 Lykke account:

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

Click here to open the exchange site.

Note: Downloading Lykke on your mobile phone is highly recommended because the trading process for Lykke requires you to sign in and connect using your mobile device. You are unable to trade using your computer.

I downloaded Lykke Wallet through Android in this example.

To log in, click on “Sign in.”

Type in the email address and password you’ve registered for Lykke Wallet.

Once you’re signed in, you will be routed to the Lykke Wallet homepage. To deposit, click on the blue plus sign on your selected currency or Litecoin. You may also directly click on “Payments & Transfers.”

1. Deposit Litecoin on your Lykke account

For Litecoin deposit, select “Blockchain Transfer” under “Deposit.”

The “Deposit” screen shows up with all available tokens and coins.  Select the one you would like to deposit by tapping on it. In this example, we select Bitcoin.

After you tap on Litecoin, the app will give you your wallet address. You can transfer your crypto assets to your trading wallet using wallet address and QR-code. It is a must to pay attention when you’re copying it as Litecoin transaction cannot be reversed, and if you’re not careful, you will end up losing your money.

You can check your balance by going back to the “Home” icon.

Great job! You have deposited Litecoin on your Lykke account.

 

2. Deposit Fiat money on your Lykke account

If you prefer to deposit using Fiat money, select “Swift” under “Deposit.”

Enter your preferred amount to deposit and click on the “Deposit” box.

Fill out the “Payment details” form and double check the onscreen information before submitting. Once you sent it to the wrong account, it cannot be undone, and your money can be lost permanently. After submitting your data, you get redirected to the screen of the payment provider.

You can check your balance by going back to the “Home” icon.

Awesome! You have deposited Fiat money on your Lykke account.

Which Cryptocurrency do you want to buy, transfer or store?

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