WRONG.
I initiated withdraw of coins from Cryptonit last night before I went to bed. 12 hours later, both my LTC and FC withdrawals are STILL "Transaction Awaiting Authorization"
Well... If you wait for that, you can wait till infinity and beyond...
"Transaction Awaiting Authorization" says that you have to authorize your transaction.
Click on "My Account" -> "View Account Balances, Deposit and Withdraw" and click "Waiting Authorization" (just under TRC).
There you can use the 2-step verification you created (did you?) and enter the code to authorize the withdrawal.
I use "Google Authenticator" on my Android phone. Safe and smooth.