Ultimate guide on how to transfer
Bitcoin from SouthXchange to Private: LakeBTC

Step by step guide on how to withdraw Bitcoin from SouthXchange

You can withdraw both cryptocurrencies and fiat money on your SouthXchange account.

Here’s a guide to help you withdraw funds from your account:

  1. Withdrawing Bitcoin on SouthXchange
  2. Withdrawing Fiat money on SouthXchange

Click here to open SouthXchange.

Log in using the email and password you registered for SouthXchange.

Once you’re in, select “Wallets” from the top bar. You will be taken to the Bitcoin list.

1. Withdraw Bitcoin from SouthXchange

Locate the Bitcoin you want from the list or type it in on the search box. In this example, we will be using Bitcoin.

Add your selected Bitcoin to the “favorites” tab, which is the blue ribbon at the top, by clicking on the heart symbol beside each Bitcoin’s name.

Click on “Withdrawal” from the panel. Take note of the minimum amount, and then enter the information needed. You can choose from paying the fees yourself or letting the receiver pay it.

It is a must always to check the address to avoid sending your funds to the wrong account for once the transaction has been processed, it cannot be reverted.

Once done, select the “Withdraw” button.

You can check the transactions you made by clicking on the “Transactions” button beside “Withdrawal” or the “Orders” button located at the top bar.

Perfect! You have processed Bitcoin withdrawal from your SouthXchange account.

 

2. Withdraw Fiat money on SouthXchange

SouthXchange has already stopped supporting Fiat-related transactions. However, you can still withdraw Fiat money (USD) through bank wire. This service has a fee of $30 (USA) or $45 (rest of the world).

To request this service, please create a support ticket with the following information:

  • Recipient full name
  • Recipient address, city, zip code, country
  • Bank name
  • Bank account number
  • Bank routing number (USA) or SWIFT/IBAN code (international)
  • Amount to transfer in USD (this has to be available in your SouthXchange account). The limit is $4100 per month.
Great! You have processed Fiat money withdrawal from your SouthXchange account. 

Step by step overview on how to deposit Bitcoin on LakeBTC

With LakeBTC, you can deposit cryptocurrencies like Bitcoin as well as Fiat money.

Here are the steps on how to deposit funds on your registered and confirmed LakeBTC account:

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

Click here to open the exchange site.

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

Once you’re logged in, you will be redirected to the ‘My Wallet” page. Click on “Deposit” and select on the preferred sub-account you wanted to transact.

1. Deposit Bitcoin on your LakeBTC account

For Bitcoin deposit, select your Bitcoin. In this example, we are using BTC.

Copy the deposit address or scan the QR code and type in the six-digit code to send the transaction. It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Bitcoin as it can no longer be reverted.

After processing the transaction, you can click on “Deposit History” to view pending deposits.

Great job! You have deposited Bitcoin on your LakeBTC account.

 

2. Deposit Fiat money on your LakeBTC account

If you prefer to deposit using Fiat money, select your preferred currency from the sub-accounts. In this example, we are using USD.

Select your desired payment method and type in the amount, then click on the Submit button. A new window will pop-up asking for your confirmation. Click on the Create Deposit Request Now button.

It is highly advised to double check your account number before sending your funds. Once you sent it to the wrong account, it cannot be undone and your money can be lost permanently.

After processing the transaction, you can click on “Deposit History” to view pending deposits.

Awesome! You have deposited Fiat money on your LakeBTC account.

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

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