Processing withdrawals on your funded Livecoin account are easy. You can withdraw Melon (MLN) or Fiat money, depending on what you have deposited.
Let’s go through the step by step process to help you withdraw funds on your Livecoin account:
Click here to open the exchange site.
Log in using the email address and password you’ve filed for Livecoin.
Go to ‘Balance’ to view your balances for Fiat money and Melon (MLN). This is the page where you can select which of the two you would like to process withdrawals.
Processing Melon (MLN) withdrawal is very straight-forward. In this example, we are using Bitcoin.
After clicking on “Withdrawal,” you will be routed to a new page where you need to enter your amount and Melon (MLN) address. Be careful in choosing your recipient to avoid sending your money to the wrong Melon (MLN) or email address. Completed withdrawal transactions can no longer be reverted, hence, you could lose your money permanently if the wrong recipient is chosen.
After processing Melon (MLN) withdrawal on your account, you will see your transactions when you go to “Transaction History.”
If you prefer to withdraw Fiat money from your account, select your currency below “Fiat Balance.” In this example, we are using USD.
After clicking on “Withdrawal,” a new page opens where you can select from different options as shown on the image below.
In this example, we selected “Capitalist”. Fill out the form accurately by selecting your source of funds. Select the correct source as completed withdrawal transactions can no longer be reverted, hence, you could lose your money permanently if the wrong recipient is chosen.
Moving on to the next boxes, enter your “Beneficiary” (this is the number of a purse which can be copied from My Account) and the “Amount.” When you’re ready to proceed, click on “Send a payment.”
A window will appear with confirmation. Double check your information before confirming.
At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Melon (MLN) or Fiat money. However, it is mandatory to have a verified account if you intend to process a Fiat money deposit. Just like other exchanges, the funding process for this platform is very understandable.
This guide will help any individual make his/her first deposit on Bitfinex a success.
Click this link to access the exchange site.
Log-in using your registered account. Make sure to copy the Captcha text.
Get the 6-digit code from the authenticator app if you have enabled 2FA on your Bitfinex account. Click the ‘Authenticate’ box after entering the 2FA code.
After logging in click the Deposit tab on the top of the page.
Depositing Melon (MLN) does not require a verified account. So while waiting for the verification request approval, you can process cryptocurrency deposit first.
From the Deposit section, locate the Cryptocurrencies panel and choose which currency you want to fund.
Read the guidelines on the screen especially regarding the fees before proceeding.
After grasping all information check all the boxes and hit the ‘ I understand. Continue.’ button.
Bitfinex offers three types of wallet addresses. The most commonly used is the Exchange Wallet which users can use for buying & selling supported tokens. The other two are Margin Wallet (trading on margin) and Funding Wallet (provides finance for other margin traders).
Select which wallet address you want to fund and click on ‘Click to generate address’ button. Additionally, tick on the icon just beside ‘Click to generate address’ to copy the address to the clipboard. This action will make sure that you’re copying the correct one.
To complete this step, you have to enter the Bitfinex address to the external wallet from which you intend to access and send the funds. There is a minimum of 20 confirmations (approximately 5+ minutes) before the funds get credited to your Bitfinex account.
If your account verification request already gets approval, you may also deposit Fiat money to it. From the deposit section, locate ‘Bank Wire’ and choose the currency you wish to fund from the list.
Follow the instructions on the page such as providing the bank details from which the funds will be coming from and other necessary information needed to complete the process. Always see to it that everything you enter is accurate and updated to avoid errors and delays. You will get a notification once the funds get credited to your Bitfinex account.
You can check your deposit transaction on the Deposit section under Recent Deposits.
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