Processing withdrawals from your funded LakeBTC account are simple. You can withdraw Bitcoin 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 withdrawals, select your Bitcoin from the sub-accounts menu. In this example, we are using BTC.
Fill in the desired Bitcoin amount as well as the target Bitcoin 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 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”.
With Gatecoin, 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 Gatecoin account:
Click here to open the exchange site.
Log in using the email address and password you’ve filed for Gatecoin.
Once you’re logged in, you can see different menus on the left side of the page. Click on ‘Deposit’ which is the fifth option from the top.
For Bitcoin deposit, go to ‘Deposit Funds’ and click on your Bitcoin. In this example, we are using BTC.
Right below the currency options is the deposit address.
You can either copy the current deposit address or generate a new one. Scan the QR code and type in the numbers or copy the address using the external Bitcoin wallet that holds the Bitcoin you want to deposit. Send the transaction to continue.
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.
Bitcoin funds should be available after six confirmations. You will see your recent and previous deposit transactions by clicking on ‘History.’
For Fiat money deposit, go to ‘Deposit Funds’ and select HKD/USD/EUR as well as your location. We are using USD in this example.
You will then see Gatecoin’s bank account details and instructions for you to process an e-banking or wire transfer depending on your location. After sending the transfer, upload the receipt of the transaction in your Gatecoin account under “Submit” next to “Instructions.”
Fill out the information correctly as it is shown on the account statement. You are also required to attach a screenshot of the online banking payment confirmation message. Gatecoin’s service provider will not issue the funds if the needed information is not provided.
The bank transfer takes up to two business days. You will see your recent and previous deposit transactions by clicking on ‘History.’
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