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”.
Placing funds into your Bittrex account is possible by depositing cryptocurrencies like Ripple (XRP) and Fiat money. After making sure that your Bittrex account is safe to use and is fully verified, you can proceed with performing deposit transactions.
Here, you will find steps that you can follow in funding your Bittrex account.
Click this to access the platform.
Once the site is up, log-in with your registered account.
Once you’re logged in, click on “Wallet” which routes you to the “Account Balances” page.
To deposit Ripple (XRP) on Bittrex, select your Ripple (XRP) from the list of available cryptocurrencies. Initially, the page seems empty. You may want to click on “Show zero balance” to view the list or directly type in Ripple (XRP). So, in this example, we will deposit BTC.
After typing in BTC, the list filters and displays BTC only. There are two icons beside the Ripple (XRP), and for deposit, select the green icon.
A new box pops-up. Click “New Address” to generate your address. Please make sure to read the Ripple (XRP) deposit instructions if they are available. Some coins require a minimum amount to be sent before they are credited, and some ask for a message/payment/tag/memo. Therefore, you must send Ripple (XRP) to the address provided and attach the needed notes to the deposit for Bittrex to route it to your account.
Also, make sure that you only send the same type of coins to the address. Meaning, if you generated a Ripple (XRP) address you deposit Ripple (XRP) to it and not some other coin. If instructions are not followed, you will risk losing your funds permanently.
For Fiat money deposit, select your currency from the list. Click on “Show zero balance” to view the entire list or directly type in the currency of your choice. So, in this example, we will deposit USD.
After typing in USD, the list filters and displays USD only. There are two icons beside the currency, and for deposit, select the green icon.
Important reminders: Bittrex now supports eligible personal and corporate accounts for USD deposits. International customers and those operating in the States of California, New York, Montana, and Washington are eligible as long as the identity verification process is completed. It is a requirement to request your account(s) be added to the USD markets. If you already have an existing account, you can process your request in a few minutes, and it gets approved in just a few days.
Click here to view the requirements needed.
After the deposit process, you can check your transactions under “Pending Deposits” and “Deposit History” when you scroll down the page.
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