Ultimate guide on how to transfer
Bitcoin from BitBay to Lykke

Step by step overview on how to withdraw Bitcoin from BitBay

To withdraw Bitcoin from BitBay, one must have a verified account first. Either, you take out some Bitcoin or Fiat money, the process at BitBay is straightforward and easy to follow. There’s also an option to withdraw from an ATM.

Today, we will show you how to withdraw Bitcoin from your BitBay account with ease and comfort.

  1. Withdraw Bitcoin from BitBay
  2. Withdraw Fiat money from BitBay

Let’s log-in to your account first by going to the log-in page.

Type in your registered email address and click Log In.

how to login on BitBay new

Next, enter your password on the field provided and hit Log In again.

how to login on BitBay

If you were able to set 2FA on BitBay, you would have to provide a 6-digit code. Get this from the Authenticator app and after entering click Log In.

how to login on BitBay

Once signed in, go to the ‘Wallets’ section which you can find on the left side of the page.

how to withdraw funds from BitBay

1. Withdraw Bitcoin from your BitBay account

To withdraw Bitcoin from BitBay click ‘Withdrawal’ on the right side and select a cryptocurrency from the list. In this example, we will use BTC.

how to withdraw Bitcoin from BitBay

Enter your withdrawal amount, the address you wish to transfer the funds, and your comment. All information you enter must be correct to avoid errors. Click the ‘Pay Out’ button to proceed.

how to withdraw Bitcoin from BitBay

Nice work! You have withdrawn Bitcoin from BitBay.

 

2. Withdraw Fiat money from your BitBay account

If you wish to withdraw Fiat money from your BitBay account, the steps below will help you achieve this process.

Still, from the ‘Wallets’ section click on ‘Withdrawal’ from the options on the right and select the currency you want to withdraw.

how to withdraw fiat money from BitBay

On the next page, click on Bank transfer.

how to withdraw fiat money from BitBay

Enter all the information that the system requires and click the ‘Withdraw’ button to proceed.

how to withdraw fiat money from BitBay

The system will send an authorization code to your email. Open your email to retrieve this code.

how to withdraw fiat money from BitBay

Copy the authorization code from the email just like the one you see below.

how to withdraw fiat money from BitBay

Paste the code on the box and hit Confirm. The transfer may take up to two business days.

how to withdraw fiat money from BitBay

There’s also an option to withdraw funds from an ATM as long as you’re physically in Poland and own a polish phone number.

To do this select PLN from the list of currencies and click ATM withdrawal.

how to withdraw fiat money from BitBay

Provide the amount that you intend to withdraw, your polish phone number and click the ‘Withdraw’ button.

how to withdraw fiat money from BitBay

Just like withdrawal through bank transfer, you will also need to access your email to get the authorization code. Do the same step by entering the code into the box and hit on Confirm. After 30 minutes from the time you made the request, you will receive an email with a PIN number and a code through SMS. Save this and go to the nearest ATM. Follow the steps found via this link to get your funds from an ATM.

Note: SMS code is only valid for 48 hours.

how to withdraw fiat money from BitBay

To check or view your withdrawal, go to the History section and click Deposits/Withdrawals.

how to view deposit or withdrawal on BitBayYou did it! You have made your first Fiat money withdrawal from BitBay.

Step by step overview on how to deposit Bitcoin on Lykke

With Lykke, you can deposit funds using a variety of cryptocurrencies as well as Fiat money.

Let’s follow these steps to help you deposit funds on your registered and verified Lykke account:

  1. Deposit Bitcoin on Lykke
  2. Deposit Fiat money on Lykke

Click here to open the exchange site.

Note: Downloading Lykke on your mobile phone is highly recommended because the trading process for Lykke requires you to sign in and connect using your mobile device. You are unable to trade using your computer.

I downloaded Lykke Wallet through Android in this example.

To log in, click on “Sign in.”

deposit_llyke

Type in the email address and password you’ve registered for Lykke Wallet.

Once you’re signed in, you will be routed to the Lykke Wallet homepage. To deposit, click on the blue plus sign on your selected currency or Bitcoin. You may also directly click on “Payments & Transfers.”

deposit_lykke

1. Deposit Bitcoin on your Lykke account

For Bitcoin deposit, select “Blockchain Transfer” under “Deposit.”

The “Deposit” screen shows up with all available tokens and coins.  Select the one you would like to deposit by tapping on it. In this example, we select Bitcoin.

llyke_deposit

After you tap on Bitcoin, the app will give you your wallet address. You can transfer your crypto assets to your trading wallet using wallet address and QR-code. It is a must to pay attention when you’re copying it as Bitcoin transaction cannot be reversed, and if you’re not careful, you will end up losing your money.

You can check your balance by going back to the “Home” icon.

Great job! You have deposited Bitcoin on your Lykke account.

 

2. Deposit Fiat money on your Lykke account

If you prefer to deposit using Fiat money, select “Swift” under “Deposit.”

Enter your preferred amount to deposit and click on the “Deposit” box.

lykke_deposit

Fill out the “Payment details” form and double check the onscreen information before submitting. Once you sent it to the wrong account, it cannot be undone, and your money can be lost permanently. After submitting your data, you get redirected to the screen of the payment provider.

You can check your balance by going back to the “Home” icon.

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

Which Cryptocurrency do you want to buy, transfer or store?

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