Ultimate guide on how to transfer
Litecoin from WEX to itBit

Step by step overview on how to withdraw Litecoin from WEX

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:

  1. Withdraw Litecoin from WEX
  2. Withdraw Fiat money from WEX

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.

1. Withdraw Litecoin from your WEX account

For Litecoin withdrawal, select your Litecoin under “Funds” and click on the “Withdraw” box.  In this example, we are using Bitcoin.

wex_withdraw

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.

Nice! You have successfully withdrawn Litecoin from your WEX account.

 

2. Withdraw Fiat money on your WEX account

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.

Perfect! You have successfully withdrawn Fiat money from your WEX account.

Step by step overview on how to deposit Litecoin on itBit

With your fully confirmed and verified itBit account, you can take advantage of the different features available on the exchange. One of the major things that you need to do before you start trading is depositing funds. With itBit, you can deposit cryptocurrencies like Litecoin or Fiat money.

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

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

Click this link to access the exchange site. Log in using the email address and password you’ve registered for itBit. Once you’re logged in, your default screen will direct you to itBit’s funding page.

1. Deposit Litecoin on your itBit account

To deposit Litecoin on itBit, choose the wallet account you would like to fund, then click on “Deposit,”.

Next, select your Litecoin and click the “Deposit” button. A pop-up window with your Litecoin deposit address will appear. You can either send your Litecoin to this deposit address or scan the QR Code provided using your wallet service.

The deposit address auto-generates a unique value for each deposit transaction. You must rescan or input the new deposit address for any future deposits to avoid losing funds. 

If you scroll down the funding page, you’d be able to see your deposit transactions.

Easy, right? You have added Litecoin on your itBit account. 

2. Deposit Fiat money on your itBit account

To deposit Fiat money on your itBit account, the instructions are similar to depositing Litecoin. Select the appropriate account tab from which you would like to transact. Under “Deposit,” select your currency (SGD is currently unavailable).

Next, click the “Deposit” button. The “Cash Wire Deposit Instructions” will pop-up. Please follow itBit’s instructions including making sure the bank account name from which the transfer originates, matches that of the registered account or your deposit can be rejected. Secure your itBit wallet ID. This is added in your wire transfer instructions. Insufficient/missing account identifying information will lead to delays in Fiat deposits, reversals and administrative fees imposed by the banks and itBit.

deposit fiat on itBit

If you scroll down the funding page, you’d be able to see your deposit transactions.

You did it! You have added Fiat money on your itBit account.

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