Processing withdrawals from your funded LakeBTC account are simple. You can withdraw Ethereum or Fiat money, depending on what you have saved.
Let’s check the below steps to help you withdraw funds on your registered and confirmed LakeBTC account.
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 “Withdraw” and select on the preferred sub-account you wanted to transact.
For Ethereum withdrawals, select your Ethereum from the sub-accounts menu. In this example, we are using BTC.
Fill in the desired Ethereum amount as well as the target Ethereum wallet address. You can get this address from your wallet. Click “Submit” to proceed.
Make sure to enter the correct address as completed withdrawal transactions can no longer be reversed, therefore, you could lose your money permanently if the wrong recipient is chosen. For your protection, you’ll be asked to send a confirmation SMS from the registered mobile number.
To view your Ethereum withdrawal and other transactions, click on “Withdrawal History”.
To withdraw Fiat money, select your preferred currency from the sub-account menus. In this example, we are using USD.
Choose which method you would want to use to process your withdrawal. Make sure you provide accurate and complete information to your bank, otherwise, the transaction request will be rejected or you could lose your money if you supply incorrect data.
It takes 1 – 5 business days for banks to process international wire transfers.
To view your Fiat money withdrawal and other transactions, click on “Withdrawal History”.
Depositing Ethereum on your verified Poloniex account is possible through cryptocurrencies only. Additionally, you are required to confirm and fully verify your account in order to process deposits.
Here are the steps that you can follow to make your first Ethereum deposit on Poloniex.
To get started, access the log-in page of the exchange and select on “Sign in.”
Click on “Balances” and select on “Deposits/Withdrawals.” Keep in mind that you can only deposit cryptocurrencies with Poloniex. In this example, let’s use BTC. To start depositing, select your Ethereum from the list of cryptocurrencies and click on “Deposit.”
Copy the Deposit Address and use it in sending Ethereum. Make sure that you are not sending any other currency to your deposit address to avoid losing funds. Meaning, if you’ve selected Ethereum, you must deposit Ethereum only.
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