Ultimate guide on how to transfer
Litecoin from Private: LakeBTC to Bithumb

Step by step overview on how to withdraw Litecoin from LakeBTC

Processing withdrawals from your funded LakeBTC account are simple. You can withdraw Litecoin 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.

  1. Withdraw Litecoin from LakeBTC
  2. Withdraw Fiat money from 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 “Withdraw” and select on the preferred sub-account you wanted to transact.

1. Withdraw Litecoin from your LakeBTC account

For Litecoin withdrawals, select your Litecoin from the sub-accounts menu.  In this example, we are using BTC.

Fill in the desired Litecoin amount as well as the target Litecoin 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 Litecoin withdrawal and other transactions, click on “Withdrawal History”.

Good work! You have successfully processed Litecoin withdrawal from LakeBTC!

 

2. Withdraw Fiat money from your LakeBTC account

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”.

Excellent! You have successfully processed Fiat money withdrawal from your LakeBTC account.

Step by step guide on how to deposit Litecoin on your Bithumb account

Bithumb only accepts Fiat currency (KRW) deposits from Korean residents. Other users have the option to deposit cryptocurrency like Litecoin.

Here’s a practical guide on how to deposit Litecoin on your Bithumb account:

Head to https://www.bithumb.com and log in to your account using the email and password you used upon registering, and then click on “Sign In.”

Enter the security password you used when you signed up then click “Confirm.”

From the homepage, select the “Wallet” tab at the top and choose “Deposit.”

Or click on “Deposit/Charge” at the upper right side of the page. Always double check the address that you’re using in processing deposits as processed transactions can no longer be reverted and could cause you to lose funds.

You can check your transaction history at the bottom of the page at the “History” Section or by clicking on the “Pending Order” and “Completed Orders” buttons at the bottom of the vertical tab on the right side.

Congratulations! You have funded Litecoin on your Bithumb account and you are now ready to trade. 

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