GDAX or Coinbase Pro offers straightforward steps in processing Bitcoin or Fiat money withdrawals. To gain access to all available features on GDAX, you need to completely verify your account.
We prepared this guide to help you with your first Bitcoin withdrawal on GDAX.
Access the GDAX website by clicking this link. The link is now showing as Coinbase Pro.
Once you’re logged in, type in your registered email address and password.
After logging in, proceed at the upper-left side corner of the page and select your currency, then click on “Withdraw.”
To withdraw Bitcoin from your GDAX account, select your Bitcoin from the drop-down menu under “Select currency.” After selecting your Bitcoin, click on “Bitcoin address” and enter the address. Make sure that you supply the correct one to avoid losing funds as it can no longer be reverted once completely processed.
Click on “Withdraw funds” to proceed.
To deposit Bitcoin on your GDAX account, select your Bitcoin from the drop-down menu under “Select currency.” After selecting your currency, you will be routed to another page showing you different methods to select from in processing withdrawal. Fill out the form with the information required by the system. Make sure your information are accurate and complete to avoid delays or losing funds. Click on “Withdraw funds” to proceed.
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:
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.”
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.”
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.
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.
If you prefer to deposit using Fiat money, select “Swift” under “Deposit.”
Enter your preferred amount to deposit and click on the “Deposit” box.
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.
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Please do your own research on all of your investments carefully. Scores are based on averages of third party websites. Past performance is no indicative of future results. Read the full disclaimer here.
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