The process and security being implemented by Coinfloor for their deposits are also the same with how one make withdrawals from their platform. Additionally, the steps are also very much easy to follow just like other exchanges.
As such, we have prepared this guide for you to follow so your first withdrawal will become a success.
As what we usually do, you will have to log in to your account first by putting in your registered email address and password. You can also tick the small box if you’re a trader and wishes to disable the additional 2FA. When you’re ready, click the ‘Sign In’ button.
Input the 2FA code from your Authy device and hit the ‘Submit Authy Code’ button. You have enabled this during account registration.
Hit on the ‘My Account’ tab which you can see on the top navigation bar.
Click ‘Withdraw’ to start your withdrawal.
To withdraw Bitcoin Cash from Coinfloor, you must register your cryptocurrency wallet address first before placing a request. To initiate this, select Bitcoin Cash from the list by clicking on it.
Carefully read all the instructions and tick the small box confirming that you have understood and accepted everything. Hit on the ‘Register Bitcoin Cash Withdrawal Details’ button once done.
Enter your Bitcoin Cash withdrawal address on the designated field. This particular info is a long string of combined letters and numbers. To continue, hit on Register. Coinfloor processes requests from their multi-signature cold storage vaults once daily and during business hours.
If for any reason you want to withdraw Fiat instead of crypto coins, you can also do it from the ‘Withdraw’ section of the exchange. From the list, choose the asset or currency from which you will be sourcing the funds.
After going through the instructions and reminders, tick the box confirming that you have understood everything, and click on the ‘Register (chosen currency/asset) Withdrawal Details’ button.
On the next page, you will need to enter your bank account details. Be sure to provide accurate info to prevent any issues. Hit on Register to continue.
Coinfloor processes these requests once a day and during business hours. USD & GBP withdrawals are usually received in 1-5 working days, whereas EUR withdrawals arrive in 1-2 business days.
Note: For additional information about withdrawals, you can also check Coinfloor’s support section.
Here, you can view the withdrawal that you’ve just made. You can locate this by accessing your ‘My Account’ page.
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:
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.
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.
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.
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