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

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 overview on how to deposit Litecoin on Gemini

With Gemini, you can deposit cryptocurrencies like Litecoin as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.

Here are the steps on how to deposit Litecoin on your registered and confirmed Gemini account:

  1. Deposit Litecoin on Gemini
  2. Deposit Fiat money on Gemini

Click here to open the exchange site and click on “Sign in.”

Type in your registered email address and password, then click on “Submit.”

After logging in, go to “Transfer funds” then select on “Deposit Into Exchange” to start depositing funds on your Gemini account.

1. Deposit Litecoin on your Gemini account

To deposit Litecoin on Gemini, select your Litecoin under “Deposit Into Exchange.”

Once you have selected your Litecoin, you can generate your wallet address by scanning the QR code. Make sure the right address is entered when processing deposits as completed transactions can no longer be reverted and may result in losing funds.

Great! You have deposited Litecoin on your Gemini account. 

 

2. Deposit Fiat money on your Gemini account

To deposit Fiat money on Gemini, select your currency under “Deposit Into Exchange.” Next, select your funding source from the dropdown menu and enter your deposit amount. Click on “Review Deposit” and review the information that you supplied to avoid losing funds. Then confirm the transaction.

Excellent! You have funded Fiat money on your Gemini account.

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