Ultimate guide on how to transfer
Bitcoin from itBit to Private: LakeBTC

Step by step overview on how to withdraw Bitcoin from itBit

With your fully confirmed and verified itBit account, you can take advantage of the different features available on the exchange. One of them is processing Bitcoin withdrawal.

These are the easy-to-follow steps to help you withdraw Bitcoin from itBit

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

Click this link to access the exchange site. Log in using the email address and password you’ve registered for itBit. Once you’re logged in, your default screen will direct you to itBit’s funding page.

1. Withdraw Bitcoin from your itBit account

To withdraw Bitcoin from itBit, choose the “wallet” account which you would like to withdraw. On the right-hand side of the screen, under “Withdraw”, select your Bitcoin.

Enter in the address of your Bitcoin wallet as well as your desired amount, then click the “Withdraw” button.

If you scroll down the funding page, you’d be able to see your withdrawal transactions.

Excellent! You have successfully withdrawn Bitcoin from your itBit account. 

 

2. Withdraw Fiat money from your itBit account

To withdraw Fiat money from itBit, choose the “wallet” account which you would like to withdraw. On the right-hand side of the screen, under “Withdraw”, select your currency.

Choose the bank account you would like to withdraw to or add an additional bank account by clicking “Add bank account.”

If you scroll down the funding page, you’d be able to see your withdrawal transactions.

You did it! You have successfully withdrawn Fiat money from your itBit account. 

Step by step overview on how to deposit Bitcoin on LakeBTC

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

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

  1. Deposit Bitcoin 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 on your LakeBTC account

For Bitcoin deposit, select your Bitcoin. 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 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 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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