Ultimate guide on how to transfer
Bitcoin from LakeBTC to Poloniex

Step by step overview on how to withdraw Bitcoin from LakeBTC

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.

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

Click here to open the exchange site.

Log in using the email address and password you’ve registered for LakeBTC.

lakebtc_deposit

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.

lakebtc_withdraw

1. Withdraw Bitcoin from your LakeBTC account

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.

lakebtc_withdraw

To view your Bitcoin withdrawal and other transactions, click on “Withdrawal History”.

Good work! You have successfully processed Bitcoin withdrawal from LakeBTC!

 

2. Withdraw Fiat money from your LakeBTC account

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”.

lakebtc_withdraw

Excellent! You have successfully processed Fiat money withdrawal from your LakeBTC account.

Step by step overview on how to deposit Bitcoin on Poloniex

Depositing Bitcoin on your verified Poloniex account is possible through cryptocurrencies only. Additionally, you are required to confirm and fully verify your account in order to process deposits.

Here are the steps that you can follow to make your first Bitcoin deposit on Poloniex.

To get started, access the log-in page of the exchange and select on “Sign in.”

Click on “Balances” and select on “Deposits/Withdrawals.” Keep in mind that you can only deposit cryptocurrencies with Poloniex. In this example, let’s use BTC. To start depositing, select your Bitcoin from the list of cryptocurrencies and click on “Deposit.”

Copy the Deposit Address and use it in sending Bitcoin. Make sure that you are not sending any other currency to your deposit address to avoid losing funds. Meaning, if you’ve selected Bitcoin, you must deposit Bitcoin only.

Excellent! You have successfully funded Bitcoin your Poloniex account. 

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