Processing withdrawals from your funded LakeBTC account are simple. You can withdraw Ripple (XRP) 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 Ripple (XRP) withdrawals, select your Ripple (XRP) from the sub-accounts menu. In this example, we are using BTC.
Fill in the desired Ripple (XRP) amount as well as the target Ripple (XRP) 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 Ripple (XRP) 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”.
Putting funds into your BitInka account can be done by either depositing through Ripple (XRP) or Fiat money. However, for Fiat deposits, BitInka requires that you verify your identity first. Otherwise, if it’s a Ripple (XRP) deposit, account verification is not necessary.
Here, you will find steps that you can follow in funding your BitInka account.
Click this to access the platform.
Once the site is up log-in with your registered account.
After logging in, you’ll be routed directly to the Wallet section.
To initiate a Ripple (XRP) deposit, click on the ‘Cryptocoins’ tab.
Choose the Ripple (XRP) that you wish to deposit from the list and hit on the ‘Deposit’ button that corresponds the Ripple (XRP).
The next screen will show your crypto-wallet public address. Enter the platform to which you’re going to acquire Ripple (XRP) and either scan the QR code or enter the cryptocurrency address. Minimum deposit you can make is 0.0001 BTC. You will receive three confirmation notices before your Ripple (XRP) deposit arrives which usually takes up to 24 hours.
Now let’s talk about Fiat deposit. Remember that you can only initiate this process after your account gets verified. To fund a verified account with Fiat money, go to the ‘Currency’ tab which is still under the Wallet section.
From the list of currencies or fiat money, choose which one you want to fund. Click on the ‘Deposit’ button to proceed. On the following page, you must specify on how you’re going to add credit to your account (transfers are the preferred method here). Enter the amount of your deposit and then click Total. Confirm that the amount is correct and hit Enter. An email with the information of the bank account to which you must make the deposit will arrive in your inbox.
Lastly, you have to verify your deposit to avoid delays. To do this, go to the Wallet section and click Deposit. Select the currency to which you have made the deposit and hit Verify. Provide the information being requested on the next page, attach the voucher and click on Save. Crediting time may take 24 to 72 business hours.
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