Processing withdrawals from your funded WEX account are easy. You can withdraw Litecoin or Fiat money, depending on what you have deposited.
Let’s go through the step by step process to help you withdraw funds from your WEX account:
Click here to open the exchange site.
Log in using the email address and password you’ve registered for WEX.
After logging in, select on “Finances” to view your funds.
For Litecoin withdrawal, select your Litecoin under “Funds” and click on the “Withdraw” box. In this example, we are using Bitcoin.
Enter the wallet address and make sure you are submitting correct one. Sending your money to the wrong Litecoin could cause you to lose your money permanently as the transaction can no longer be reverted. Click on “Withdrawal” to continue.
For Fiat money withdrawal, select your currency under “Funds” and click on the “Withdraw” box. In this example, we are using Bitcoin.
Select your payment method from the drop-down menu. Enter the amount and the receiver’s name. After submitting, your chosen purse will open. Make sure accurate information is submitted as completed withdrawal transactions can no longer be reverted. Hence, you could accumulate fees or lose your money permanently.
As one of the most trusted exchanges in the UK, Coinfloor offers its users two options in funding their accounts. Whether you choose to deposit through Fiat or Litecoin, both process is easy to initiate and complete.
If you wonder how to do this, you can quickly go through the steps below.
To start, you have to sign in to your account by entering your email address and password. Additionally, you can also tick the ‘I’m a trader’ box if you believe you are and wish to disable the additional 2FA. After this, click Sign In to continue.
Here, you will have to input your Authy code. This part is the 2FA setting that you’ve added when you first signed up for an account on Coinfloor. Submit this code to proceed.
Unlike other exchanges, the deposit tab or section will only appear on Coinfloor once everything gets verified. From the homepage, you can start verification by hitting ‘Choose’ under Initiate Verification. After this step, the ‘Deposit’ tab will show up on the top navigation bar of the site. Click on it and select Litecoin as your deposit.
Your unique deposit address will appear where you can transfer the funds using your preferred wallet. Coinfloor processes Litecoin deposits 24/7.
Note: For more info about Litecoin deposits you can check Coinfloor’s support page here.
Just like Litecoin deposits, funding with Fiat also requires passing verification. You can verify by clicking on the ‘Choose’ button from the homepage and afterward the ‘Deposit’ tab on the top navigation bar will become available.
When you access the deposit section, you will find Coinfloor Exchange UK’s client account details together with your unique reference code which is under BIC/SWIFT and in purple color. It is advisable to enter this code in the “message to beneficiary” field without additional words or numbers to avoid delays and errors.
The displayed bank account is where you need to transfer the funds and always make sure to specify the currency you are sending. Clearing may take up to five business days depending on what deposit method you choose.
Note: For more info regarding Fiat deposits (including fees), feel free to check this link.
To check your deposits, you can quickly go to the ‘Deposits and Withdrawals History’ section from your ‘My Account’ page.
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