Hello steemit,
in this tutorial I want to show how easy it is to withdraw ETC (Ether Classic) from POLONIEX exchange to an online wallet account on http://www.ClassicEtherWallet.com
I strongly recommend to withdraw all funds invested in the PermaCryptoFolio experiment from Cryptocurrency exchanges to avoid loss in case of a hack of the exchange.
The screenshots are taken from the FLIPPER portfolio, which is traded on Poloniex exchange.
In the next days I will continue this tutorial series, because there are still a lot of funds on Poloniex I need to draw out into my own wallets.
Create new ClassicEtherWallet.com account
I don't like the fat native wallets that require to download the full blockchain of a cryptocurrency. Instead I always try to use online wallets when possible. In this tutorial I use the MyEtherWallet.com wallet.
Open http://www.classicetherwallet.com/#generate-wallet in your browser, set a secure password and click "GENERATE" link. Double check if the URL is correct. There are a lot of phishing sites out there, with similar domain names and different top-level domains like ".co" instead of ".com".
Immediately a new wallet is generated and shown on the page. Write the private key (under 1.) and your ethereum classic wallet address (under 2.) down to paper and store it in a safe location, best practice is to store copies of the key on different locations! If you loose the private key, you will loose the access to your Classic Ether. Also be sure that there is no keylogger or virus running on your PC!
Note: The private key shown here in this example is not the key I use for storage of my Classic Ether. Do not waste your time with trying it out.
Log into Poloniex
Now, log into your poloniex account and click "BALANCES" in the menu bar and than "DEPOSITS & WITHDRAWALS".
Search the coin to withdraw
This webpage opens. I recommend to click the "Hide 0 Balances" checkbox, to see all your assets. Search for ETC (the shortcut for Ether(eum) Classic) and click the "Withdraw" link on the right side of the page.
IMPORTANT: Do not mix up Ethereum Classic with Ethereum here! In this tutorial I withdraw the ETC Classic Ether (the non-fork chain ether) to classicEtherWallet.com. In my previous tutorial I showed how to withdraw the ETH Ether (the hardfork-chain) to myetherwallet.com.
Some input fields become visible now. File into the "Address" inputbox your Ethereum Classic address (from the ClassicEtherWallet.com account). Important is also the Amount field, where you need to enter the number of Classic Ether you want to transfer. If you want to transfer all Classic Ether you can simply click the number of Classic Ether on the left side behind "You have .... ETC".
Please double check the correctness of your inputs. In case of errors you will loose your coins.
Finally click the Withdraw button, if all inputs are correct.
2FA
If you have 2FA enabled for your poloniex account, you first need to authorize the withdraw by entering your 2FA code. This step is not shown here.
Confirmation Mail
You now receive an email from Poloniex. If you click the link inside the Mail, the following webpage will be opened in your browser and the withdraw will be started.
Wait
Now wait some minutes until the Poloniex Withdrawal History shows your transfer.
Done
Check your ClassicEtherWallet account if the funds have arrived. Alternatively you can use the blocks.elaineou.com service to see the transaction.
Despite countless exchanges for cryptocurrency specifically, Bitcoin; Poloniex Exchange still remains a leader. It has been surviving in this industry holding endless features that traders always search for. Poloniex prides itself for providing advanced trading functionalities and maximum security.