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

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 Bittrex

Placing funds into your Bittrex account is possible by depositing cryptocurrencies like Bitcoin 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.

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

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.

1. Deposit Bitcoin on Bittrex account

To deposit Bitcoin on Bittrex, select your Bitcoin 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 Bitcoin. 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 Bitcoin, 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 Bitcoin 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 Bitcoin 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 Bitcoin address you deposit Bitcoin to it and not some other coin. If instructions are not followed, you will risk losing your funds permanently.

Great! You have deposited Bitcoin on your Bittrex account. 

 

2. Deposit Fiat money on Bittrex

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.

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

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