Ultimate guide on how to transfer
Bitcoin from Lykke to Bitfinex

Step by step overview on how from withdraw Bitcoin on Lykke

Making withdrawals from your funded Lykke account is simple. You can withdraw Bitcoin or Fiat money, depending on what you have saved.

Let’s check these steps to help you withdraw funds from your Lykke account:

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

Click here to open the exchange site.

Note: Downloading Lykke on your mobile phone is highly recommended because the trading process for Lykke requires you to sign in and connect using your mobile device. You are unable to trade using your computer.

I downloaded Lykke Wallet through Android in this example.

To log in, click on “Sign in.”

Type in the email address and password you’ve registered for Lykke Wallet.

Once you’re signed in, you will be routed to the Lykke Wallet homepage. To withdraw, click on the blue plus sign on your selected currency or Bitcoin. You may also directly click on “Payments & Transfers.”

1. Withdraw Bitcoin from your Lykke account

For Bitcoin withdrawal, select “Blockchain Transfer” under “Withdraw.”

Paste the wallet address to which you would like to cash out the asset (or scan the QR code, or choose the wallet if it is already added among your private wallets). Make sure to select the correct one as completed withdrawal transactions can no longer be reversed, therefore, you could lose your money permanently if the wrong recipient is chosen.

Tap “Proceed” to be routed to the screen where you type in the amount that you would like to withdraw. Tap Proceed and confirm the transaction.

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

2. Withdraw Fiat money from your Lykke account

For Fiat money withdrawal, select “Swift” under “Withdraw.”

Type in the amount that you would like to withdraw and fill in the bank account details for transfer. Enter all the essential information correctly like your bank code and ensure that this information is the same as the bank statement. Otherwise, the transaction request will be rejected, or you could lose your money if you supply incorrect information.

Tap “Proceed” and review all entered information for bank transfer and confirm the operation.

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

Step by step overview on how to deposit Bitcoin on Bitfinex

At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Bitcoin or Fiat money. However, it is mandatory to have a verified account if you intend to process a Fiat money deposit. Just like other exchanges, the funding process for this platform is very understandable.

This guide will help any individual make his/her first deposit on Bitfinex a success.

  1. Deposit Bitcoin on Bitfinex
  2. Deposit Fiat money on Bitfinex

Click this link to access the exchange site.

Log-in using your registered account. Make sure to copy the Captcha text.

Get the 6-digit code from the authenticator app if you have enabled 2FA on your Bitfinex account. Click the ‘Authenticate’ box after entering the 2FA code.

After logging in click the Deposit tab on the top of the page.

1. Deposit Bitcoin on your Bitfinex account

Depositing Bitcoin does not require a verified account. So while waiting for the verification request approval, you can process cryptocurrency deposit first.

From the Deposit section, locate the Cryptocurrencies panel and choose which currency you want to fund.

Read the guidelines on the screen especially regarding the fees before proceeding.

After grasping all information check all the boxes and hit the ‘ I understand. Continue.’ button.

Bitfinex offers three types of wallet addresses. The most commonly used is the Exchange Wallet which users can use for buying & selling supported tokens. The other two are Margin Wallet (trading on margin) and Funding Wallet (provides finance for other margin traders).

Select which wallet address you want to fund and click on ‘Click to generate address’ button. Additionally, tick on the icon just beside ‘Click to generate address’ to copy the address to the clipboard. This action will make sure that you’re copying the correct one.

To complete this step, you have to enter the Bitfinex address to the external wallet from which you intend to access and send the funds. There is a minimum of 20 confirmations (approximately 5+ minutes) before the funds get credited to your Bitfinex account.

Perfect! You have deposited Bitcoin on your Bitfinex account. 

 

2. Deposit Fiat money on your Bitfinex account

If your account verification request already gets approval, you may also deposit Fiat money to it. From the deposit section, locate ‘Bank Wire’ and choose the currency you wish to fund from the list.

Follow the instructions on the page such as providing the bank details from which the funds will be coming from and other necessary information needed to complete the process. Always see to it that everything you enter is accurate and updated to avoid errors and delays. You will get a notification once the funds get credited to your Bitfinex account.

You can check your deposit transaction on the Deposit section under Recent Deposits.

Great job! You have effortlessly funded Bitcoin on your Bitfinex account.

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