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 OKCoin, 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 OKCoin account:
Click here to open the exchange site.
You have three options when logging in. As shown on the image below, you can log in using your linked phone number, registered email address, and sub-account.
In this example, we are logging in using the email address and password I’ve filed for OKCoin.
Once logged in, you will see the “My Wallet” page where you can see available tokens. To deposit, click on “Token Deposit” from your selected Bitcoin or currency.
For Bitcoin deposit, select your Bitcoin under “Token Deposit”. We are using Bitcoin in this example.
Copy the current deposit address or select your wallet address by clicking on “Address history.” 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.
You can check your balance by clicking on the “Balance” menu available on the right side of the page.
For Fiat money deposit, select your currency under “Token Deposit”. We are using USD in this example.
Choose your bank of deposit and enter your desired amount (as per latest update, the minimum is USD100; maximum depends on your KYC level). Read OKCoin’s terms of service and check the box, then click on “Submit.” After submission, you will be redirected to the deposit confirmation page which shows the details of the beneficiary bank.
Make sure to complete the deposit within 72 hours, or the request will be canceled. It is a must to enter all the required information of the beneficiary bank as instructed in order not to lose your money.
Note: KYC level 2 is required for USD deposit as shown on the image below.
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