Withdrawing your funds in the Littlebit app is simple. Once you decide to withdraw your Bitcoin, you transfer it to your own crypto wallet, where you can manage it as you wish or exchange it for any currency of your choice, fiat or crypto. You save Bitcoin in your Littlebit account. When you choose to withdraw it, the Bitcoin is transferred to your personal crypto wallet, where you can decide how to use it.
How to withdraw Bitcoin:
Open the Littlebit app and go to the Bitcoin tab.
Click on Withdraw Bitcoin.
Enter the address of your personal Bitcoin wallet (hardware or software wallet that you use). For regulatory reasons (Travel Rule, based on Regulation (EU) 2023/1113), it is not possible to withdraw Bitcoin to a hosted (exchange) wallet.
Check the box confirming that the address belongs to your personal crypto wallet and press Continue.
Review the details on the next page. You will see the withdrawal amount, the fee, and the destination wallet address for final verification. Carefully review the information and confirm by dragging the arrow to the right.
A verification page will appear. You will receive an SMS code to confirm your intention.
Enter the six-digit code from the SMS and press Verify to complete the process.
Once you confirm the withdrawal, we at Littlebit will perform the verification steps required by the regulator. Because of this verification, the withdrawal may take 1–5 business days.
Before confirming the withdrawal, we recommend that you:
carefully check the wallet address (you may consider sending a small test transaction first to ensure it is correct),
make sure you are using a wallet that supports Bitcoin and is not an exchange wallet.
If you are still unsure how to make a withdrawal, or if you encounter problems during processing, please write to us here. We will be happy to help you verify and resolve everything.
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