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

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 guide on how to deposit Bitcoin on your account on CoinsBank

CoinsBank is an all-in-one gateway to blockchain services and is the leading platform for professional cryptocurrency traders. It offers both Fiat money and crypto-to-crypto transactions.

Below is a guide that will help you make a deposit Bitcoin to your account on CoinsBank:

  1. Depositing Fiat money on CoinsBanks
  2. Depositing Bitcoin on CoinsBank

Visit https://coinsbank.com/ and click “Login.”

Enter your mobile number and password, and then click “Login.”

Next, from the Dashboard, go to the “Your accounts” section and click “Deposit.”

1. Depositing Fiat money to your CoinsBank account

Select the currency you wish to deposit funds to.

In this example, we are going to use USD. Enter the amount and select the payment method.

Enter your phone number and check the transaction you are about to process. When all is set, click “Deposit.”

Awesome! You have just funded your CoinsBank account with Fiat money.

 

2. Depositing Bitcoin on your CoinsBank account

Select the cryptocurrency you wish to deposit funds to and enter the amount in the next box. In this example, we are going to use Bitcoin.

Click “Crypto Wallet,” which is the payment method.

Next, copy the crypto address provided, or scan the QR code with your mobile wallet app.

Great job! You have just deposited Bitcoin on your CoinsBank account

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