Ultimate guide on how to transfer
Bitcoin from LiveCoin to itBit

Step by step overview on how to withdraw Bitcoin from Livecoin

Processing withdrawals on your funded Livecoin account are easy. You can withdraw Bitcoin or Fiat money, depending on what you have deposited.

Let’s go through the step by step process to help you withdraw funds on your Livecoin account:

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

Click here to open the exchange site.

Log in using the email address and password you’ve filed for Livecoin.

livecoin_deposit

Go to ‘Balance’ to view your balances for Fiat money and Bitcoin. This is the page where you can select which of the two you would like to process withdrawals.

livecoin_withdraw

1. Withdraw Bitcoin from your Livecoin account

Processing Bitcoin withdrawal is very straight-forward. In this example, we are using Bitcoin.

After clicking on “Withdrawal,” you will be routed to a new page where you need to enter your amount and Bitcoin address. Be careful in choosing your recipient to avoid sending your money to the wrong Bitcoin or email address. Completed withdrawal transactions can no longer be reverted, hence, you could lose your money permanently if the wrong recipient is chosen.

After processing Bitcoin withdrawal on your account, you will see your transactions when you go to “Transaction History.”

lakebtc_withdraw

Nice! You have successfully processed Bitcoin withdrawal on your Livecoin account.

 

2. Withdraw Fiat money from your Livecoin account

If you prefer to withdraw Fiat money from your account, select your currency below “Fiat Balance.” In this example, we are using USD.

After clicking on “Withdrawal,” a new page opens where you can select from different options as shown on the image below.

livecoin_withdraw

In this example, we selected “Capitalist”.  Fill out the form accurately by selecting your source of funds. Select the correct source as completed withdrawal transactions can no longer be reverted, hence, you could lose your money permanently if the wrong recipient is chosen.

Moving on to the next boxes, enter your “Beneficiary” (this is the number of a purse which can be copied from My Account) and the “Amount.” When you’re ready to proceed, click on “Send a payment.”

A window will appear with confirmation. Double check your information before confirming.

Perfect! You have successfully withdrawn Fiat money from your Livecoin account.

Step by step overview on how to deposit Bitcoin on itBit

With your fully confirmed and verified itBit account, you can take advantage of the different features available on the exchange. One of the major things that you need to do before you start trading is depositing funds. With itBit, you can deposit cryptocurrencies like Bitcoin or Fiat money.

These are the easy-to-follow steps to help you make your first Bitcoin deposit on itBit

  1. Deposit Bitcoin on itBit
  2. Deposit Fiat money on 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. Deposit Bitcoin on your itBit account

To deposit Bitcoin on itBit, choose the wallet account you would like to fund, then click on “Deposit,”.

Next, select your Bitcoin and click the “Deposit” button. A pop-up window with your Bitcoin deposit address will appear. You can either send your Bitcoin to this deposit address or scan the QR Code provided using your wallet service.

The deposit address auto-generates a unique value for each deposit transaction. You must rescan or input the new deposit address for any future deposits to avoid losing funds. 

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

Easy, right? You have added Bitcoin on your itBit account. 

2. Deposit Fiat money on your itBit account

To deposit Fiat money on your itBit account, the instructions are similar to depositing Bitcoin. Select the appropriate account tab from which you would like to transact. Under “Deposit,” select your currency (SGD is currently unavailable).

Next, click the “Deposit” button. The “Cash Wire Deposit Instructions” will pop-up. Please follow itBit’s instructions including making sure the bank account name from which the transfer originates, matches that of the registered account or your deposit can be rejected. Secure your itBit wallet ID. This is added in your wire transfer instructions. Insufficient/missing account identifying information will lead to delays in Fiat deposits, reversals and administrative fees imposed by the banks and itBit.

deposit fiat on itBit

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

You did it! You have added Fiat money on your itBit account.

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