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.
SouthXchange has announced last May 1, 2018, that they will no longer support the depositing of Fiat money. USD is now being replaced by TUSD (TrueUSD), a cryptocurrency pegged 1:1 to the US Dollar. For more information, click here. All deposit transactions are now through cryptocurrencies.
Below are the steps on how to deposit Litecoin on your SouthXchange account:
Click here to open SouthXchange.
To log in, use the email and password you used when you registered.
After logging in, click on the “Wallets” button at the top bar.
On the “Wallets” page, type in your selected Litecoin on the search box. In this example, we are going to use Bitcoin.
You can also click on the heart symbol beside each currency so it will be added on your “favorites” tab, which is the blue ribbon at the top of the page.
Select the “Deposit” button and check out the minimum deposit in box 2(image below).
The deposit address is found in box 3. You can either copy it or scan the QR code below the address and type in the numbers under the code. Send the transaction to continue the process.
Make sure to copy the right address. Check the first two symbols and last two symbols before proceeding. You may lose control over your funds otherwise.
You can find the transaction history at the “Orders” button at the top bar, or by clicking on “Transactions” beside “Withdrawal.”
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