Ultimate guide on how to transfer
Litecoin from SouthXchange to Upbit

Step by step guide on how to withdraw Litecoin from SouthXchange

You can withdraw both cryptocurrencies and fiat money on your SouthXchange account.

Here’s a guide to help you withdraw funds from your account:

  1. Withdrawing Litecoin on SouthXchange
  2. Withdrawing Fiat money on SouthXchange

Click here to open SouthXchange.

Log in using the email and password you registered for SouthXchange.

Once you’re in, select “Wallets” from the top bar. You will be taken to the Litecoin list.

1. Withdraw Litecoin from SouthXchange

Locate the Litecoin you want from the list or type it in on the search box. In this example, we will be using Bitcoin.

Add your selected Litecoin to the “favorites” tab, which is the blue ribbon at the top, by clicking on the heart symbol beside each Litecoin’s name.

Click on “Withdrawal” from the panel. Take note of the minimum amount, and then enter the information needed. You can choose from paying the fees yourself or letting the receiver pay it.

It is a must always to check the address to avoid sending your funds to the wrong account for once the transaction has been processed, it cannot be reverted.

Once done, select the “Withdraw” button.

You can check the transactions you made by clicking on the “Transactions” button beside “Withdrawal” or the “Orders” button located at the top bar.

Perfect! You have processed Litecoin withdrawal from your SouthXchange account.

 

2. Withdraw Fiat money on SouthXchange

SouthXchange has already stopped supporting Fiat-related transactions. However, you can still withdraw Fiat money (USD) through bank wire. This service has a fee of $30 (USA) or $45 (rest of the world).

To request this service, please create a support ticket with the following information:

  • Recipient full name
  • Recipient address, city, zip code, country
  • Bank name
  • Bank account number
  • Bank routing number (USA) or SWIFT/IBAN code (international)
  • Amount to transfer in USD (this has to be available in your SouthXchange account). The limit is $4100 per month.
Great! You have processed Fiat money withdrawal from your SouthXchange account. 

Step by step overview on how to deposit Litecoin on Upbit

As one of the largest exchanges in South Korea, the platform offers a very friendly user interface for those who intend to fund their account may it be in the form of digital currencies or Fiat money.

In this guide, you’re about to receive instructions on how to place your funds on the Upbit exchange.

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

To get to the deposit page, you must first log in to your account. The sign-in link is here.

Click the ‘Login to cacao account’ button.

Log-in to the Kakao account that you’ve created which was a prerequisite in the Upbit registration. After entering your email address and password, hit on the Log In button.

1. Deposit Litecoin on your Upbit account

Depositing in Upbit is free of charge. However, one has to pass their authentication process first before doing this step.

After getting a verified account, go to the ‘Disbursement’ tab which you find on the top navigation bar.

Click ‘Deposit and withdrawal’ beside the currency of your choice. The incoming address is where you can deposit your funds. Make sure to send the assets to the correct information to get rid of loss and delays. It usually takes 10-30 minutes for the processing depending on the cryptocurrency you choose.

Cool! You have successfully deposited Litecoin in your Upbit account.

 

2. Deposit Fiat money on your Upbit account

For Fiat deposit transactions, access the ‘Disbursement’ page just like what you do when you process a Litecoin deposit. There are no fees as well in making this type of funding.

Select the asset that you’d like to fund and go to KRW charge. You should be able to view additional instructions on how to proceed once your account gets authenticated. Always see to it that all information you input is accurate to achieve a smooth and issue-free transaction.

If you wish to check your deposit, you can easily access the ‘Investment History’ page and going to the ‘Deposit/withdrawal waiting’ section.

You can also check it via ‘Deposit history’ of the ‘Disbursement’ page.

Congratulations! You have effortlessly funded your Upbit account with Fiat money.

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