Ultimate guide on how to transfer
Bitcoin from Lykke to Private: Simex

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 guide on how to deposit Bitcoin on your account on Simex

Simex allows crypto-to-crypto and Fiat currency transactions.

Below are the steps on how to deposit Bitcoin to your account:

  1. Depositing Fiat money to your Simex account
  2. Depositing Bitcoin to your Simex account

Go to https://simex.global/en and log into your account.

Once you’re in, select “Deposit” from the Finance tab.

1. How to deposit Fiat money to your account on Simex

In depositing RUB, you can do it through Visa and MasterCard debit cards issued by Russian banks, YandexMoney, Payment orders, Tinkoff, Sberbank-Online, Russian Standard, Alfa-Click, Unistream Global Money Transfers, Wallet One, Svyaznoy terminals, Euronet terminals, payment terminals.

For USD, Wire Transfer and Epay are the options available.

Next, choose the financial account you wish to deposit funds to and select the method of payment. Enter the amount you wish to deposit and click on the “Next” button. After this, you will be redirected to the payment service page where you need to complete the transaction.

There you have it! You have just deposited Fiat money to your Simex account.

 

2. How to deposit Bitcoin to your account on Simex

On the same “Deposit” page, choose the account you want to deposit funds to and select which cryptocurrency you prefer, like Bitcoin.

Next, copy the address and paste it into your third-party wallet. Make sure that you copy the correct address because once the transaction is done, it cannot be reversed.

You can check the link making sure the first and last two digits are correct.

If you want to check the transactions you made, go to the bottom of the same page.

Awesome! You have just deposited Bitcoin to your Simex account.

Which Cryptocurrency do you want to buy, transfer or store?

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.