# Acquire LBTC and USDT with Bitfinex

Source URL: https://helpcenter.dxp-frontend.devserver.app/liquid-network/use-liquid-integrated-tools/acquire-lbtc-and-usdt-with-bitfinex
Updated: 2026-04-09T09:37:43.000Z
Category: Liquid Network
Section: Use Liquid-Integrated Tools

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Bitfinex provides conversion services for LBTC and USDT. Each of the conversion methods is handled slightly differently.

## How to Acquire Liquid Bitcoin (LBTC)

BTC on the Bitfinex platform must be converted to LBTC before making a Liquid withdrawal. Bitfinex converts BTC and LBTC at a 1:1 ratio and charges no fees. Note that any subsequent LBTC deposits to Bitfinex must be converted to BTC before the funds can be used for trading.

**Step 1**: Send bitcoins to the Bitfinex [Exchange Wallet](https://www.bitfinex.com/deposits/new/bitcoin) and wait for at least 3 confirmations.

**Step 2**: Go to the [Wallets](https://www.bitfinex.com/wallets) page **Currency Conversions** section and complete the relevant fields pictured below.

![bitfinex-1-currency-converions-section.png](https://dxp-backend.devserver.app/uploads/help-center/content/liquid-network/use-liquid-integrated-tools/acquire-lbtc-and-usdt-with-bitfinex/900001874046.png)

**Step 3**: Confirm that the conversion details are correct.

**Step 4**: Select **Convert**.

**Step 5**: See the updated LBTC balance on the Wallets page.

**Step 6**: Go to the Withdraw page and select **LiquidBTC**.

**Step 7**: Open the Blockstream app wallet and generate an LBTC receiving [address](https://glossary.blockstream.com/address-bitcoin/) using [this guide](https://helpcenter.dxp-frontend.devserver.app/blockstream-app/use-liquid-bitcoin/receive-and-send-liquid-assets).

**Step 8**: On the LiquidBTC withdrawal page, enter the receiving address along with the other required information and select **Request Withdrawal**.

![bitfinex-2-request-withdrawal.png](https://dxp-backend.devserver.app/uploads/help-center/content/liquid-network/use-liquid-integrated-tools/acquire-lbtc-and-usdt-with-bitfinex/900001852783.png)

**Step 9**: Complete Bitfinex’s withdrawal confirmation and wait for the Liquid wallet’s balance to update. Funds will be immediately available for spending.

## How to Acquire Liquid-Based USDT

Instead of requiring a conversion like LBTC, you can simply withdraw USDT balances on Bitfinex to a Liquid-based address.

**Step 1**: Create or log into a Bitfinex account, and deposit or convert a deposited asset to USDT.

**Step 2**: Select **Withdraw** under the **Wallet** menu in the top, right corner of the screen.

**Step 3**: Select **US Dollar** under the **Tether** section of the **New Withdrawal** menu.

**Step 4**: Select **USD(Tether) on Liquid** under **Transport**.

**Step 5**: Enter the receiving address in the **Address** field.

**Step 6**: Enter the amount of USDT to withdraw via Liquid in the **Amount** field.

**Step 7**: Select **Exchange Wallet** from the **Wallet** menu.

**Step 8**: Check the appropriate fields and press **Confirm Withdrawal**

![bitfinex-3-confirm-withdrawal.png](https://dxp-backend.devserver.app/uploads/help-center/content/liquid-network/use-liquid-integrated-tools/acquire-lbtc-and-usdt-with-bitfinex/900001852803.png)

Navigation: Blockstream Help Center > Liquid Network > Acquire LBTC and USDT with Bitfinex

## Related Articles in This Section
- [Platforms supported by the Liquid Network](https://helpcenter.dxp-frontend.devserver.app/liquid-network/use-liquid-integrated-tools/platforms-supported-by-the-liquid-network)
- [Acquire LBTC and USDT with Bitfinex](https://helpcenter.dxp-frontend.devserver.app/liquid-network/use-liquid-integrated-tools/acquire-lbtc-and-usdt-with-bitfinex) (current)
- [Buy and sell LBTC on Bisq](https://helpcenter.dxp-frontend.devserver.app/liquid-network/use-liquid-integrated-tools/buy-and-sell-lbtc-on-bisq)
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- [Get LBTC and Liquid USDT on Sideshift AI](https://helpcenter.dxp-frontend.devserver.app/liquid-network/use-liquid-integrated-tools/get-lbtc-and-liquid-usdt-on-sideshift-ai)
- [Acquire LBTC with BTSE](https://helpcenter.dxp-frontend.devserver.app/liquid-network/use-liquid-integrated-tools/acquire-lbtc-with-btse)
- [Accept Liquid asset payments on BTCPay Server](https://helpcenter.dxp-frontend.devserver.app/liquid-network/use-liquid-integrated-tools/accept-liquid-asset-payments-on-btcpay-server)
- [Liquid assets supported by the Ledger Nano S](https://helpcenter.dxp-frontend.devserver.app/liquid-network/use-liquid-integrated-tools/liquid-assets-supported-by-the-ledger-nano-s)