Ultimate guide on how to transfer
Bitcoin from Lykke to itBit

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 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.

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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