Ultimate guide on how to transfer
Ethereum from Bitfinex to LakeBTC

Step by step overview on how to withdraw Ethereum from Bitfinex

After a couple of trading activities on Bitfinex, you may now go ahead and make your first Ethereum withdrawal. Whether it’s a Fiat or cryptocurrency withdrawal, the process outlined by Bitfinex is straightforward, and anybody can do it even beginners. Take note though that only verified users can make a Fiat money withdrawal.

To help you achieve your first withdrawal, we have prepared this guide for you to follow.

  1. Withdraw Ethereum from Bitfinex
  2. Withdraw Fiat money from Bitfinex

To start, open the Bitfinex site through this link.

Log-in with the email address and password you used during registration, enter the Captcha text and click Log in.

how to login on Bitfinex

For 2FA enabled account, enter the 6-digit code from the authenticator app and hit Authenticate.

how to login on Bitfinex

Go to the ‘Withdraw’ section to start the activity.

how to withdraw funds from Bitfinex

1. Withdraw Ethereum from your Bitfinex account

From the Withdraw page select which cryptocurrency you would like to get the funds from under the ‘Cryptocurrencies’ panel.

how to withdraw Ethereum from Bitfinex

Enter the receiving wallet address, the amount you want to send, the sending wallet and your Note if any. Tick the small boxes to confirm that you wish to add a note for this transaction and that you have understood all the terms and conditions. Click the ‘Request Withdrawal’ button to proceed. Also before sending the request, a ‘Receive Amount’ field will show which tells you the total amount you will receive less the Tx Fee. This action usually takes up to 12 hours to complete.

how to withdraw Ethereum from Bitfinex

Great work! You have successfully withdrawn Ethereum from Bitfinex.

 

2. Withdraw Fiat money from your Bitfinex account

For you to withdraw Fiat money from your Bitfinex account, go to the ‘Withdraw’ section and select the currency you wish to take the funds from under Bank Wire. On the next page, fill in your wire information such as name, address and bank details.

If you choose ‘Standard Withdrawal’ the fee structure is 0.1% of the withdrawn amount with a minimum of $20.00 (processed within seven days). Whereas if it’s an ‘Express Withdrawal’ the fee is 1% and with a processing time of 24 hours or 1 business day.

how to withdraw fiat money from Bitfinex

You can check the withdrawal that you’ve just made from the ‘Withdraw’ page under the ‘Recent Withdrawals’ section.

how to view withdrawal on BitfinexCongratulations! You have made your first Ethereum withdrawal from Bitfinex.

Step by step overview on how to deposit Ethereum on LakeBTC

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

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

  1. Deposit Ethereum 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.

lakebtc_deposit

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.

lakebtc_deposit

1. Deposit Ethereum on your LakeBTC account

For Ethereum deposit, select your Ethereum. 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 Ethereum 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 Ethereum 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.

lakebtc_deposit

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

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

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