How can I withdraw my funds?

Modified on Wed, 29 Oct at 7:54 PM

Withdrawing your funds in the app is simple. Just like with a savings account, you save in a specific currency (e.g., Czech korunas), which is the currency you withdraw in. Only then can you convert it to another currency or use it as you see fit.


The same applies to the Littlebit app. You save Bitcoin in your Littlebit account. Once you decide to withdraw, you transfer the Bitcoin to your own crypto wallet, where you can then exchange it for any currency of your choice, fiat or crypto.

How to withdraw Bitcoin:

  1. Open the Littlebit app and go to the Bitcoin tab.

  2. Click on Withdraw Bitcoin.

  3. Enter the address of your personal Bitcoin wallet (e.g., hardware wallet like Trezor or software wallet like MetaMask).For legal reasons (Travel Rule), it is not possible to withdraw Bitcoin to an exchange wallet (e.g., Binance).

  4. Check the box confirming that the address belongs to your crypto wallet and press Continue.

  5. Review the instructions on the next page. You’ll see:the withdrawal amount
    the fee and the destination wallet address for double-checking.
    Carefully review the details and confirm by dragging the arrow to the right.

  6. A verification page will appear. You’ll receive an SMS code to confirm your intention.

  7. 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 (ideally, make a micro-transaction first to ensure it’s 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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