Ultimate guide on how to transfer
Litecoin from Upbit to LakeBTC

Step by step overview on how to withdraw Litecoin 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 Litecoin from Upbit
  2. Withdraw Fiat money from Upbit

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

how to login on Upbit

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.

how to login on Upbit

1. Withdraw Litecoin 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.

how to withdraw Litecoin from Upbit

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.

how to withdraw Litecoin from Upbit

Awesome! You have successfully withdrawn Litecoin from Upbit.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.

how to withdraw fiat from Upbit

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.

how to withdraw fiat from Upbit

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

how to check withdrawal from Upbit

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 You have now withdrawn Fiat money from your Upbit account.

Step by step overview on how to deposit Litecoin on LakeBTC

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

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

  1. Deposit Litecoin 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 Litecoin on your LakeBTC account

For Litecoin deposit, select your Litecoin. 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 Litecoin 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 Litecoin 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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