Ultimate guide on how to transfer
Bitcoin from Upbit to Lykke

Step by step overview on how to withdraw Bitcoin from Upbit

Upbit exchange also allows its users to make withdrawals. The fee differs per session which you can find on their ‘Information Use’ section. Just like deposits, withdrawing your funds from this platform is also easy and quick.

Please see the steps below for the instructions on how to withdraw.

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

After accessing the Login page, click on the ‘Login to cacao account’ button.

Input the email address and password that you used when you signed up for an account on Upbit/Kakao. To continue, click on the Log-In button.

1. Withdraw Bitcoin from your Upbit account

Just like other exchanges, a user can only withdraw once his/her account gets fully authenticated. After completing the verification stage, you can go to the ‘Disbursement’ tab on the top navigation bar to start your withdrawal.

Select from the list of assets the cryptocurrency from which you want to withdraw the funds. Go to the ‘Withdrawal’ tab and follow the additional instructions just like entering the correct info of the receiver of funds. Achieving accuracy for this transaction will avoid issues and delays.

Awesome! You have successfully withdrawn Bitcoin from Upbit.

2. Withdraw Fiat money from your Upbit account

If you have a verified Upbit account, you can also make a Fiat withdrawal. Do this by going to the ‘Disbursement’ tab.

Point your mouse to the Fiat currency that holds the funds and navigate to the ‘Withdrawal’ tab. As always, be sure to follow the additional instructions. This step includes entering the correct details of the receiving channel which may consist but not limited to bank details and personal info.

To gain access to the status of your transaction, you can go to the ‘Deposit/withdrawal waiting’ section of the ‘Investment History’ page.

Congratulations! You have now withdrawn Fiat money from your Upbit account.

Step by step overview on how to deposit Bitcoin on Lykke

With Lykke, you can deposit funds using a variety of cryptocurrencies as well as Fiat money.

Let’s follow these steps to help you deposit funds on your registered and verified Lykke account:

  1. Deposit Bitcoin on Lykke
  2. Deposit Fiat money on 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 deposit, click on the blue plus sign on your selected currency or Bitcoin. You may also directly click on “Payments & Transfers.”

1. Deposit Bitcoin on your Lykke account

For Bitcoin deposit, select “Blockchain Transfer” under “Deposit.”

The “Deposit” screen shows up with all available tokens and coins.  Select the one you would like to deposit by tapping on it. In this example, we select Bitcoin.

After you tap on Bitcoin, the app will give you your wallet address. You can transfer your crypto assets to your trading wallet using wallet address and QR-code. It is a must to pay attention when you’re copying it as Bitcoin transaction cannot be reversed, and if you’re not careful, you will end up losing your money.

You can check your balance by going back to the “Home” icon.

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

 

2. Deposit Fiat money on your Lykke account

If you prefer to deposit using Fiat money, select “Swift” under “Deposit.”

Enter your preferred amount to deposit and click on the “Deposit” box.

Fill out the “Payment details” form and double check the onscreen information before submitting. Once you sent it to the wrong account, it cannot be undone, and your money can be lost permanently. After submitting your data, you get redirected to the screen of the payment provider.

You can check your balance by going back to the “Home” icon.

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

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

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