Ultimate guide on how to transfer
Bitcoin Cash from Bithumb to Private: LakeBTC

Step by step guide on how to withdraw Bitcoin Cash from your Bithumb account

Bithumb only allows Fiat money (KRW) withdrawals to Korean residents. Other users have the option to withdraw cryptocurrency like Bitcoin Cash and here the easy steps to follow:

Go to https://www.bithumb.com  and click on “Sign In.”

Enter the email and password you registered.

Enter the security password you used when you signed up then click “Confirm.”

After logging in, click on the “Wallet” button located at the top bar and select “Withdrawal.”

On the Withdrawal section, select the Bitcoin Cash or currency you want to withdraw.

Next, enter the amount you wish to withdraw, together with the bank name, bank account, account number, account holder’s name. Always double check your information before submitting withdrawal transactions as it can no longer be reverted and could cause you to lose funds.

Also, type in the cell phone verification code for authentication purposes, and then click “Withdrawal Request.”

Check the transaction history at the bottom of the page where it says “History” or by clicking on the “Pending Order” and “Completed Orders.”

Fantastic! You have just withdrawn Bitcoin Cash from your Bithumb account. 

Step by step overview on how to deposit Bitcoin Cash on LakeBTC

With LakeBTC, you can deposit cryptocurrencies like Bitcoin Cash as well as Fiat money.

Here are the steps on how to deposit funds on your registered and confirmed LakeBTC account:

  1. Deposit Bitcoin Cash on LakeBTC
  2. Deposit Fiat money on LakeBTC

Click here to open the exchange site.

Log in using the email address and password you’ve registered for LakeBTC.

Once you’re logged in, you will be redirected to the ‘My Wallet” page. Click on “Deposit” and select on the preferred sub-account you wanted to transact.

1. Deposit Bitcoin Cash on your LakeBTC account

For Bitcoin Cash deposit, select your Bitcoin Cash. In this example, we are using BTC.

Copy the deposit address or scan the QR code and type in the six-digit code to send the transaction. It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Bitcoin Cash as it can no longer be reverted.

After processing the transaction, you can click on “Deposit History” to view pending deposits.

Great job! You have deposited Bitcoin Cash on your LakeBTC account.

 

2. Deposit Fiat money on your LakeBTC account

If you prefer to deposit using Fiat money, select your preferred currency from the sub-accounts. In this example, we are using USD.

Select your desired payment method and type in the amount, then click on the Submit button. A new window will pop-up asking for your confirmation. Click on the Create Deposit Request Now button.

It is highly advised to double check your account number before sending your funds. Once you sent it to the wrong account, it cannot be undone and your money can be lost permanently.

After processing the transaction, you can click on “Deposit History” to view pending deposits.

Awesome! You have deposited Fiat money on your LakeBTC account.

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