Using this form you can redeem your Coin Assets. Multigateway will send the specified amount of coins to the coin address you enter in the “Withdraw To“. So this is where you enter your BTC/LTC/BTCD/etc. destination address.
Enter in “Amount” the desired amount of coins to withdraw. The amount cannot be higher than the amount of Coin Assets you have currently available. The minimum withdrawal amounts are currently 0.0005 BTC, 0.05 LTC or 0.05 BTCD.
The “Coin Blockchain Fee” field displays the default transaction processing fee for the Coin. This is 0.0001 BTC for Bitcoin, 0.001 LTC for Litecoin and 0.0001 BTCD for BitcoinDark.
The “Multigateway Fee” field displays the Multigateway processing fee for the Coin. This includes the Multigateway transaction fee and the notification message you will receive in your Nxt account once the withdrawal has been delivered. The fee is 0.0001 BTC for Bitcoin, 0.01 BTCD for BitcoinDark 0.01 LTC for Litecoin.
The “Total Received” is the amount of coins you will receive in your coin wallet with the fees already deducted.
When you click on “Withdraw Coin” the transaction request will be sent to the Multigateway servers, and soon an “Asset Transfer” transaction will appear in your Nxt account Recent Transactions. The corresponding amount of coin assets will be substracted from your coin asset balance.
Your withdrawal will appear in your coin wallet once it has been processed first by the MGW servers, and second by the coin network.