Processing withdrawals from your funded LakeBTC account are simple. You can withdraw Bitcoin Cash or Fiat money, depending on what you have saved.
Let’s check the below steps to help you withdraw 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 “Withdraw” and select on the preferred sub-account you wanted to transact.
For Bitcoin Cash withdrawals, select your Bitcoin Cash from the sub-accounts menu. In this example, we are using BTC.
Fill in the desired Bitcoin Cash amount as well as the target Bitcoin Cash wallet address. You can get this address from your wallet. Click “Submit” to proceed.
Make sure to enter the correct address as completed withdrawal transactions can no longer be reversed, therefore, you could lose your money permanently if the wrong recipient is chosen. For your protection, you’ll be asked to send a confirmation SMS from the registered mobile number.
To view your Bitcoin Cash withdrawal and other transactions, click on “Withdrawal History”.
To withdraw Fiat money, select your preferred currency from the sub-account menus. In this example, we are using USD.
Choose which method you would want to use to process your withdrawal. Make sure you provide accurate and complete information to your bank, otherwise, the transaction request will be rejected or you could lose your money if you supply incorrect data.
It takes 1 – 5 business days for banks to process international wire transfers.
To view your Fiat money withdrawal and other transactions, click on “Withdrawal History”.
SouthXchange has announced last May 1, 2018, that they will no longer support the depositing of Fiat money. USD is now being replaced by TUSD (TrueUSD), a cryptocurrency pegged 1:1 to the US Dollar. For more information, click here. All deposit transactions are now through cryptocurrencies.
Below are the steps on how to deposit Bitcoin Cash on your SouthXchange account:
Click here to open SouthXchange.
To log in, use the email and password you used when you registered.
After logging in, click on the “Wallets” button at the top bar.
On the “Wallets” page, type in your selected Bitcoin Cash on the search box. In this example, we are going to use Bitcoin.
You can also click on the heart symbol beside each currency so it will be added on your “favorites” tab, which is the blue ribbon at the top of the page.
Select the “Deposit” button and check out the minimum deposit in box 2(image below).
The deposit address is found in box 3. You can either copy it or scan the QR code below the address and type in the numbers under the code. Send the transaction to continue the process.
Make sure to copy the right address. Check the first two symbols and last two symbols before proceeding. You may lose control over your funds otherwise.
You can find the transaction history at the “Orders” button at the top bar, or by clicking on “Transactions” beside “Withdrawal.”
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