Ultimate guide on how to transfer
Bitcoin from Private: DSX to Binance

Step by step overview on how to withdraw Bitcoin from DSX

Processing Bitcoin withdrawal from your DSX account is only possible after passing the Know Your Customer” or “KYC” stage.

Here you will find steps that can help you make your first Bitcoin withdrawal on DSX.

  1. Withdraw Bitcoin on DSX
  2. Withdraw Fiat money on DSX

First off, access the log-in page of the exchange.

After logging in, click on “Account,” then “Withdraw.”

1. Withdraw Bitcoin from your DSX account

You can follow the same withdrawal process on all available cryptocurrencies on DSX. Remember that DSX is supporting Bitcoin (BTC), Bitcoin Cash (BCC), Bitcoin Gold (BTG), Litecoin (LTC) and Ethereum (ETH).

To withdraw Bitcoin from your DSX account to external wallet, you need to create a withdrawal template and use template each time you want to withdraw your funds to the same wallet address.

Inside the “Withdraw” page, click on “Create Template” and choose your Bitcoin. Specify the template name (label) and wallet address to which you want to withdraw funds. Make sure that you are selecting the correct address to avoid losing funds. The template will be available on the “Withdraw” page.

To withdraw cryptocurrency from your DSX account using existing withdrawal template, click on the necessary withdrawal template. You will be redirected to the withdrawal form where you need to enter your withdrawal amount. Click the “Withdraw” button afterward and approve your withdrawal request.

Bitcoin withdrawals are processed and sent to the cryptocurrency network in a few minutes. In some instances, it can take up to few hours due to additional security screening. Additional delays with Bitcoin withdrawals can be caused by limited liquidity on DSX hot wallets. In that case, the withdrawals processing delay can be up to a few hours, while DSX transfer funds to hot wallet.

Great job! You have successfully processed Bitcoin withdrawal from your DSX account. 

 

2. Withdraw Fiat money from your DSX account

Just like processing Bitcoin withdrawal, you need to complete the KYC stage before you can proceed with your transaction.

After clicking on “Withdraw,” you will be given instructions on what to input like your withdrawal amount.

Bank transfer withdrawals are usually processed within 1-2 business days. It can take longer during bank holidays. DSX uses Rietumu Bank to send bank transfers.

Withdrawals in Fiat currencies (USD, EUR, RUB) to the ePayments platform are instant.

There you go! You have processed Fiat money withdrawal on DSX.

Step by step overview on how to deposit Bitcoin on Binance

Adding funds into your Binance account can be done by depositing crypto and fiat money . After making sure that your Binance 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 Binance account.

  1. Deposit Bitcoin on Binance
  2. Deposit Fiat money on Binance

Click this to access the platform.

Once the site is up, log-in with your registered account and enter the 2FA verification code.

1. Deposit Bitcoin on your Binance account

Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.

 

Select your Bitcoin. You can directly type it in the box so you don’t have to go through the entire list then click on Deposit. We are using BTC in this example.

 

You will be given the wallet address which you can copy to continue depositing. Make sure you are copying the correct one as transactions can no longer be reverted. If your funds are transferred to the incorrect address, you could lose your money.

To check pending and all transactions, go to “Deposit Withdraw History.”

Way to go! You have funded Bitcoin on your Binance account.

2. Deposit Fiat money on your Binance account

Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.

Click on the Deposit button.

Select currency and payment method. Then click Continue. Follow the succeeding instructions to complete your deposit.

Good job! You have funded fiat on your Binance account.

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